Putting a Magnifying Glass to Casino Benefits
Online casino play, betting games and wagering opportunities are a burgeoning industry throughout the world, including America. Competition between the myriad sites catering to this market and canvassing loyal and regular players is understandably fierce. In order to attract, and retain, these valuable visitors, online casinos offer a range of bonuses. There is a range of bonuses casinos use, and these may be offered freely, or, under certain conditions, as an incentive to becoming a member, making a deposit, being loyal, referring others or just spending time at the casino.
There are several types of casino bonuses available to players at the casino sites. The first prize when looking for bonuses is the casino cash back bonus. This lucrative bonus pays the player back the cash they have lost at the casino in the form of cash or credit. The percentage cash back, and the timeframe involved, varies from casino to casino and can be invaluable in saving a player from total loss and stretching their bankroll. The casino benefits in terms of player retention and attraction of new players.
Another attractive bonus to look out for is an exclusive bonus. Players receive an exclusive bonus when signing up at a casino after following an exclusive link from a third party site. These exclusive bonuses will generally take the form of match bonuses or no deposit bonuses. No deposit bonuses are relatively common, and are available as exclusive no deposit bonuses or as no deposit free play bonuses. The free play bonus extends a cash advance to players for signing up with a site, or when casinos promote certain games. Some of best casino bonuses available are offered to high stakes players in the form of high-roller bonuses. These are offered for large deposits made and are characteristically offered by highly reputable branded casinos. The other types of bonus are particular to the casino in question and include weekly and monthly bonuses, reloading bonuses and refer-a-friend bonuses.
A System of Give and Take
The bonus system is designed on an accepted win-win basis, with the player gaining some amazing financial benefits and the casino generating turnover. There are consequently, and understandably, certain conditions attached to the bonuses. Clearing these casino bonuses, or meeting the wagering requirements may not be easy, and players need to be aware of any specific casino specifications regarding the use of certain games at the casino with respect to meeting these wagering requirements. The wagering requirements are stipulated by casinos in their membership agreements. Players need to wager a certain amount of money and to conduct a certain level of gambling turnover in order to be able to withdraw any bonus or its proceeds. Generally, there is a set number of times that a player must play through the combined deposit and bonus amount, creating a level of betting action needing to be achieved. Once these conditions have been met, however, withdrawals can be made freely.
The games themselves can have an impact on the rollover requirements as certain games may be excluded or have a reduced impact on the requirements. These are the games where the house has a lower advantage and include Blackjack, Video Poker, Baccarat and Craps.
The bonuses themselves are one of two varieties; either cashable or non-cashable. Cashable bonuses can be withdrawn after the rollover requirements are met, whereas non-cashable or sticky bonuses cannot be withdrawn. These sticky bonuses can be utilized alongside a players’ deposit for betting purposes on any game, and any winnings achieved using the bonus can be freely withdrawn.