| Types of Casino Bonuses |
| Tuesday, 16 September 2008 04:10 |
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Here we take a look at the types of casino bonuses that are provided by the better online casinos. We have listed this information into four sections. The titles below describe each topic, while a summary is given of what each article contains. Cash in Points: This article looks at the way casinos provide points for certain levels of monies wagered and how these are redeemed as points for cash. Redeem Loyalty Voucher: Here we look at loyalty vouchers that are given by casinos to their regular customers. Free Joining Bonus: Here we look at some of the generous and not so generous bonuses that online casinos provide to new sign-ups. Bonus Match Up: In this article we focus on what is known as the sign-up first deposit bonus match up. The general reason for any casino bonuses is simply to attract new players through the casino’s doors and once they have them there, to keep them. This is because players are the life blood of casinos and the more they can attract, the more are likely to become regular visitors as long as there are enough reasons for them to return. Cash in PointsAs in any business, to succeed and do well, it is important to have a large base of regular and frequent clients. In order for online casinos to cultivate and keep regular clients at their gaming tables and slots, they have created a system of points which are collected by regular players that can be redeemed for cash. This article looks at the system of cash in points, or “comp points” as they are more commonly known. Complimentary, or comp points are awarded to players who attain a certain level of wagers. These comp points are of relatively low value. One comp point is often awarded for every $10 wagered, but to redeem them for cash or chips you often need to earn 100 comp points to obtain a dollar chip. For regular, serious gamers, this can actually prove quite lucrative as it is quite usual for an experienced gamer to wager several thousand dollars at a sitting. The way a serious gamer works is by playing against the house odds and attempting to beat the system in the long term, so while they may wager several thousand dollars, with the winnings taken into account they may actually only spend a few dollars or even be “up”. There is a system known as CasinoRewards which allows players in participating casinos to accrue points in any of those casinos and redeem them in another. For those players who regularly wager many thousands of dollars over time, comp points are a good way of casinos keeping them inside their doors. Redeem Loyalty VoucherLoyalty is a quality that online casinos like to see in their clients. The more loyal, returning and regular players they have, the more they will earn. To this end, online casinos have in place a scheme designed to reward their loyal, regular players in order to keep them coming back often. This is the loyalty voucher that can be redeemed for a number of non cash based gifts. Here we take a closer look at the way in which loyalty vouchers are earned as well as how they can be redeemed and used by players. Loyalty vouchers are similar to comp points in that they are awarded to players as a way of trying to keep then playing at a certain casino. Where comp points are awarded for a set amount of money wagered, loyalty vouchers are given out to players who meet certain requirements set out by the individual casino. In real world casinos, loyalty vouchers can be redeemed for food, drinks, free cab rides home, gifts and other merchandise available at the distributing casino. This is their way of getting people to visit their casino and stay to spend some money at their tables and slot machines. With online casinos, loyalty vouchers have the same goal, although they cannot be exchanged for gifts, food or drinks as this would be unworkable. Instead, they are more often redeemed for player credits or chips in a similar manner to comp points. This is another way for casinos to retain regular players. Free Joining BonusMost online casinos use various methods to attract new clients to sign-up. This is a highly lucrative business and the more people any one online casino can attract through their doors, the more they will make. To this end, many will offer a free joining bonus, usually in the form of a cash bonus to lure more people. Here we take a look at some of the joining bonuses that are offered by online casinos and how they work. Free joining bonuses come in several different forms, although one of the more popular of these is a straight, no-deposit bonus that is added to a new player’s account immediately upon sign up. The usual amount from most online casinos is $10 and a player is able to spend this bonus in bets as they wish as well as being able to keep any winnings made off it. With these types of sign up bonus, there are usually strings attached, such as the bonus money must only be spent on certain games within the casino and cannot be withdrawn as cash from a player’s account. A player will usually have to conform to the terms and regulations of the casino offering the bonus before they do cash out on any winnings, although these will differ from casino to casino. While the free joining bonuses nay not seem as generous as some of the deposit match bonuses offered by some casinos, there are far fewer catches, making them better in the short term. Bonus Match UpIn the harsh competitive world of online casinos, getting new clients to sign up with a particular casino is one thing. Keeping them playing is another and to this end many online casinos offer what is known as a bonus match up. Here we’ll see just what a bonus match up is and some of the different kinds that exist in the various online casinos. Joining bonuses come in a variety of different forms but the most popular kind is the deposit match bonus. This is where upon sign up, the casino offers the new client a percentage of their first deposit with them as a cash bonus that is added to their account. Some casinos offer a 100% cash match bonus up to a certain limit, which means that if, for instance a player initially deposits $100 into their account, the casino will match it and credit their account with a further $100. There are strings attached to joining bonuses, however. Often, certain terms and conditions must be met before any winnings a player accrues through using the bonus will be paid out. Usually, this is in the form of a minimum amount of money having to be wagered before the winnings from a bonus will be paid. This can and often does run into thousands of dollars, usually amounting to a multiple of the original bonus. For example, if there is a 25 times bonus limit set, a player with a $200 bonus may have to have wagered $5,000 before the winnings from a sign up bonus are paid.
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| Last Updated ( Tuesday, 14 October 2008 02:26 ) |








