Casino Bonuses – an Excellent Tool for Trying Out an Online Casino
The topic of casino bonuses can often be confusing to those new in the world of online gaming. In this article, we will explain this concept. We will clarify what these prizes are and how to go about obtaining them when you are playing at an online casino. We are also going to clarify any terms that are often confusing to inexperienced gamers.
What Are Casino Bonuses?
Compared to live casinos, virtual casinos offer more attractive rewards to their customers. There is already a heavy competition amongst online casinos. They, therefore, offer bonuses to attract new customers in order to stave off competition from the other online casinos. Bonuses are also aimed at retaining customers since it is highly likely for someone to keep playing after losing consistently.
How Exactly Do Casino Bonuses Function?
There are different types of rewards that apply to deposits of up to a certain amount. A live casino bonus is one awarded to a player for signing up for an account. This one is usually topped up when you are a new customer to an online house. The casino will often top up your account with a bonus depending on what percentage it is offering.
Lets say a house is offering 100 percent bonus on your first deposit of up to $500. That translates to $100 game additional benefit in your account for a $100 deposit. If you go ahead and make a deposit that is more than $500, you will only receive a match bonus worth $500 since it is the highest amount they can offer. Be sure to extensively go through the regulations afore you engage in any gambling to avoid confusion.
Categories of Casino Bonuses
Although online casinos are very similar in operation, there are different reward structures, and each one has a set of rewards that it may offer. The different reward types include:
- Welcome bonus
- No deposit bonus
- Reload bonus
- Loyalty bonus
- High roller bonus
The Welcome Bonus
Every new player receives this bonus, to attract them to play with the casino. They usually come in the form of percentages that vary from 25 per cent to 500 per cent. They are a maximum amount to which you can receive. Most rooms will usually give welcome bonuses up to to a certain amount. If the maximum incentive is set at $1,000, you will not be able to receive bonuses higher than that.
No Deposit Bonus
This category is obtainable to new customers. It comes in terms of free money for a player to go through a trial phase. This bonus does not require any deposit to be made. It is a great way for a player to try out an online casino without using their money.
This is a bonus that is offered to the player on deposits that follow the first deposit. Depending on the club, these bonuses can come monthly or after a number of wagers placed. This type of bonus is meant to encourage you to make deposits with an aim to make you play more with them. They vary from 5 per cent to 100 percent depending on the casino.
VIP or High Wager Bonus
If you make big deposits you may be offered this bonus. For example a 50 percent bonus on a $3,000 deposit provides a player with an extra $1,500 match bonus. This type of bonus is aimed at customer retention and creating player loyalty and will encourage the big money wagering players to keep playing with this specific casino.
The Loyalty Bonus
This bonus is given to players who have been playing for a considerable amount of time. The number of wagers placed by a player increases their VIP status in the club and makes the player more eligible to be awarded this type. This additional benefit encourages loyalty among VIP players.
How to Unlock Your Bonuses
When it comes to unlocking additional benefits, there is really no shortcut. You need to fully understand what the Terms and Conditions specified by the house. The terms and conditions can be confusing since they are usually put together by lawyers.
Therefore, it is up to the player to carefully review the rules and understand all the requirements necessary to attain the rewards. If the rules specify that you should wager a certain amount for you to be able to get your bonuses, you will have to do exactly that, in order to collect.
Hopefully this article has helped you gather enough information about casino bonuses, as an excellent tool to try out online gaming. Please be responsible while gambling. Do not overdo it. Don’t gamble with more than you can afford to lose, and of course enjoy it!