A casino bonus is an incentive offered by online casinos to encourage new members and retain existing ones. Due to the number of online casinos, these bonuses are very competitive, and smart players can rack up a number of them to help bankroll their online gaming.
How Does a Casino Bonus Work?
Online bonuses work in several ways. The no-deposit bonus offered to new accounts means just that; you sign up and begin to play with the seed money the casino provides.
The matching bonus takes effect when a player opens an account and makes a deposit via an electronic pay system. The casino will then deposit money into the players account according to the terms of that casino, doubling the amount of the player's starting bankroll.
A game bonus is a small incentive provided to players to try a specific game, and is deposited into the players account at the onset of the game.
Types of Casino Bonuses
Most casinos have a bonus for new members; the average sign up bonus is between $200 and $500. Many also offer matching bonuses of up to 100% of the player's initial deposit.
Phantom bonuses are bonuses that are credited to a players account. They can be used like real cash, but they can't be cashed out with your winnings. They will allow you to keep playing, but don't translate to real-world winnings; they will remain in the account until used up in betting.
Casinos also offer bonuses to play certain games, usually those that have a low-edge or less players than the more exciting, high risk games.
Comp points are another type of bonus. Some can be traded for a cash value of approximately $1 per 100 points, but they are mostly traded for online credit, entry into tournaments, and souvenirs.
Beware
Some casinos restrict the use of bonuses to games that don't pay out at a high percentage. This is in order to keep the advantage on the side of the house and encourage gamers to play high stakes, high risk games. It is also a useful deterrent for bonus abusers; those who make a practice of signing up with multiple casinos or under multiple accounts in order to take advantage of bonuses.
Casinos may also restrict players with a time limit to use their bonus. Make sure that you read the fine print when you sign up with on online casino so that you have a clear idea of how the bonus works, and how best to use it to enhance your online gaming experience.
The best advice is to shop around and find a casino that has games you enjoy, a decent bonus in relation to payout ratio, and has a good reputation among players.
Online casinos are a great way to sharpen your gaming and social skills. Properly utilizing the various bonuses and incentives can help you to start with an advantage, and used properly, can help you to stay ahead of the game. They are a win for the casinos and for players.
The best kind of gambling to do if you're interested in casino bonuses is slot machine gambling. All Internet casinos count 100% of the wagers on their slot machines toward their wagering requirements. With that in mind, I've listed some of my favorite resources related to slot machine gambling below:
How Does a Casino Bonus Work?
Online bonuses work in several ways. The no-deposit bonus offered to new accounts means just that; you sign up and begin to play with the seed money the casino provides.
The matching bonus takes effect when a player opens an account and makes a deposit via an electronic pay system. The casino will then deposit money into the players account according to the terms of that casino, doubling the amount of the player's starting bankroll.
A game bonus is a small incentive provided to players to try a specific game, and is deposited into the players account at the onset of the game.
Types of Casino Bonuses
Most casinos have a bonus for new members; the average sign up bonus is between $200 and $500. Many also offer matching bonuses of up to 100% of the player's initial deposit.
Phantom bonuses are bonuses that are credited to a players account. They can be used like real cash, but they can't be cashed out with your winnings. They will allow you to keep playing, but don't translate to real-world winnings; they will remain in the account until used up in betting.
Casinos also offer bonuses to play certain games, usually those that have a low-edge or less players than the more exciting, high risk games.
Comp points are another type of bonus. Some can be traded for a cash value of approximately $1 per 100 points, but they are mostly traded for online credit, entry into tournaments, and souvenirs.
Beware
Some casinos restrict the use of bonuses to games that don't pay out at a high percentage. This is in order to keep the advantage on the side of the house and encourage gamers to play high stakes, high risk games. It is also a useful deterrent for bonus abusers; those who make a practice of signing up with multiple casinos or under multiple accounts in order to take advantage of bonuses.
Casinos may also restrict players with a time limit to use their bonus. Make sure that you read the fine print when you sign up with on online casino so that you have a clear idea of how the bonus works, and how best to use it to enhance your online gaming experience.
The best advice is to shop around and find a casino that has games you enjoy, a decent bonus in relation to payout ratio, and has a good reputation among players.
Online casinos are a great way to sharpen your gaming and social skills. Properly utilizing the various bonuses and incentives can help you to start with an advantage, and used properly, can help you to stay ahead of the game. They are a win for the casinos and for players.
The best kind of gambling to do if you're interested in casino bonuses is slot machine gambling. All Internet casinos count 100% of the wagers on their slot machines toward their wagering requirements. With that in mind, I've listed some of my favorite resources related to slot machine gambling below:
- Online Slots Hub - Thorough guide to playing slots online.
- How Slot Machines Work - An accurate and detailed guide from How Stuff Works.
- Megabucks Jackpots - Record of when and how much the Megabucks Jackpots were when they were hit.
- Slot Machine Design Psychology - It's good to know why your brain is so attracted to these games.
- The Psychology of Slots - More about the thinking that goes into convincing you to play slots.