Do You Know the Different Types on Casino Bonuses?

The online casino deposit bonus is a staple element of the online casino world. With the extreme growth of the online casinos on the Internet the casinos have come up with bonus programs to attract new players and keep existing players. The bonuses can be broken down into two distinct types of bonuses. The first are the bonuses that are designed to attract new online players to the casino. The second group of bonuses is designed to award and keep existing customers that are already players on the site. This is an important part of the bonus program because keeping existing customers is the best way to grow a company. Losing players and getting new players is not the way to grow a casinos player’s list. Keeping them and adding new players will absolutely grow the company and in the casino world more players means more wagers which means a greater profit.

New player attraction is done in two basic ways at the present time. Some casinos are giving an hour of free play or a number of free slot spins. Any winnings are then credited to the player’s real money account. The player will probably be required to make a deposit of some size to a new account and then play a certain number of wagers to obtain a withdrawal of the winnings. The deposit for a new account is usually matched up to a given amount at a percentage of the deposit. So let us say that the player put in $100 and the matching bonus was 150 percent. The player would then have $250 of real money in the account plus any money from the free play time or spins. All of these bonuses are awarded to the player in hopes that they will become a steady player at the online casino. Some casinos even further enhance the bonus program by giving a matching bonus on further deposits at a declining percentage.

The next group of common bonuses that the casinos will give to existing players is reload bonuses, referral bonuses and loyalty bonuses. The reload are just like the initial bonuses but are given out during a specific time or date that must be done during the reload period. The players’ just make a deposit during the reload time and get a bonus based on the deposit. The referral bonus is for referring a friend to the casino. If the friend makes a real money deposit, the referrer will receive a bonus from the casino for each person that follows through. This is a very easy way to get extra money in the real money account if the player knows other gamblers to refer. The final way to earned bonuses is via the loyalty program that most casinos have and use to award active players. The loyalty programs are usually point programs with each wager in different games worth a specific amount per unit of bet. As these points accumulate, the player can use them for special tournaments, for prizes and to be converted into cash. This is a real incentive for active players to stay with the casino and continue to play online.

The caveat to all of this is the player should read the rules in the withdrawal section of the cashier department. The rules can be very strict with one casino and very loose with another. This is very important if the player is using the bonus programs to make a choice between casinos. As with all things in life the informed make better decisions than the uninformed. Comparing casinos is easy these days as experts and players alike review them all. Take the time to read for your self what others say about any casino you are considering for active play. Just use any search engine to fine a number of reviews.