Casino bonus principles

Casino bonus principles

Online casinos offer big profit opportunities to newbies because they are attempting to entice more and more new casino players to sign up and to make a few deposits.

Normally each casino game has a built-in advantage for the house. It is the reason that supplies casinos with their gaming profits. Definitely the house edge in the long run is a guarantee for the online casinos to get their profit. But before that online casinos need depositing players. The casinos basically have one of the most convincing teasers for the potential players, but it is a great one: money. This free casino money in a form of casino bonus completely change the house edge in favour of the player.

The principles
The principles are simple: you sign up an account and deposit - let's say $100. For the new client, the casino would match your deposit with the casino bonus money of $100. Hey, that's great especially if the casino allows cashing out the bonus straightaway. Obviously the casinos would have all gone bankrupt next day after launching if the allow players to milk their free casino bonus money so easy. That is why in the casino terms and conditions you would find that requirements to play a certain amount before you would be permitted to make a withdrawal of your funds. Let's say at the casino where we get 100% match casino bonus of $100 the wagering requirement 20 times the amount of the casino deposit and the casino bonus combined. This means you have to place a total of $4000 in bets before the cashing out is permitted. Casino player may place 40 bets of $100 each, or 800 bets of $5, or 4000 bets of $1. It is definitely a good deal as far as the casino allows to wager on the casino games where the house advantage over a player is low enough to extract a certain profit out of the casino bonus.

The house edge of the casino games varies greatly. The casino games which have a skill element, the edge is defined as the house advantage from optimal play. Depending on the house rules the house edge for the casino blackjack ranges from almost zero to 2%. Find more about Blackjack here: On-line casinos for those who like BlackJack.

In other words if you play perfect Blackjack Basic Strategy on six deck blackjack table the house advantage is 0.5%. One-half of one percent of $4000 is $20. So, it is possible to expect upon the completion of the wagering requirements to have $180 remaining of the starting balance of $200. That is $80 clear profit on the investment of $100. This type of the casino bonus requires conservative wagering with small stacks helping to avoid big fluctuations of the hands results.

Now it is up to the player to decide if the casino bonus profit looks reasonable to sign up the casino account estimating the amount of time it would take to meet the casino bonus wagering requirements.

Let's say if you have to wager $50000 of $5 bets expecting to get casino bonus profit of $25, it is not worth your time even if you play blackjack faster than other casino players. Either the casino bonus is too small or the wagering requirement is too big, the time of the casino player is worth more than that. However there are plenty online casinos offering decent casino bonus promotions. With the latest high speed internet connection the casino games are pretty fast to play and lots of players can play up to 600 hands per hour.

Obviously online casinos realized that lots of players simply just milking the casino bonus money jumping from one casino to another. That is why casinos have been forced to put certain restrictions to prevent this from happening: increased casino bonus wagering requirements, implemented restrictions on some games from qualifying wagering requirements, created new types of casino bonuses.

On the other hand depending on the casino bonus type, casino bonus wagering requirements, restricted games for wagering professional players are able to beat the casinos by using different casino bonus strategies.

Casino bonus benefits

There are many benefits of casino bonuses, both to the player and to the casino itself.

Benefits to the Casino of Casino Bonuses
With the advent of the Internet and its increasing popularity, online gambling became a reality. Online gamblers no longer need to visit brick and mortar casinos in order to enjoy a casino game. As security measures become stronger and technology improves, online casinos are becoming even more wide-spread. Due to the large number of online casinos that are now available, the casinos need to find ways to attract new players to their sites and to encourage existing customers to stay with them.

Casino bonuses and promotions are the most popular method for casinos to attract customers. These come in many varieties and sizes. Online casinos can afford to offer large bonuses to their players as they have much lower overheads than land-based casinos. They do not need physical property, they require fewer staff, their equipment is software and their marketing costs are lower. This means that they can offer players free money, merchandise or tournament tickets as incentives to play at their site. Their intent is that once players have begun to play at their site, they will remain there and the casinos will make back all of the money they invested into the player and more.

Benefits to the Player of Casino Bonuses
The fact that there are so many online casinos available today makes choosing a casino to play at, a difficult decision. Reputable casinos will offer many of the same features and functions. It may be difficult to choose between them if you are looking at their software, games, customer service, banking facilities and other features. One way that casinos may stand out from one another is through the bonuses and promotions that they offer to their players.

You should never settle for an online casino that does not offer a large welcome casino bonus with reasonable wagering requirements. Welcome bonuses are fairly standard these days and an online casino that does not offer a significant bonus, is often not worth spending time at. In addition to the welcome bonus, a top casino should offer other bonuses, such as reload bonuses, refer-a-friend bonuses, preferred payment method bonuses, weekly and monthly bonuses and more.

Online casino bonuses, if used wisely, are an excellent way to increase your bankroll. Some bonuses can be used to trial the casino software and games without having to risk any of your own money. These bonuses are called no deposit bonuses as they are paid into a new customer's account without a deposit having had to have been made. It is a good idea to make use of these bonuses in order to trial the casino. Other casino bonuses that you are awarded can be used to boost your bankroll in order to help you to play for longer or to play better.

Make sure you are aware of the casino bonus wagering requirements before you accept it as you may find that the requirements are so limited that you will in fact end up spending more money if you accept it.

Casino bonus benefits

Casino bonuses online

There are many different types of casino bonuses that online casinos offer to players. These target potential new customers and existing customers. They may be regular bonuses or they may be special limited promotions. While many online casinos offer the same or similar types of bonuses, the exact terms and conditions will vary between the casinos.

Welcome Casino Bonuses
These bonuses are also referred to as sign up bonuses, first deposit bonuses or new player bonuses. These are the most common type of bonuses that online casinos will offer and they are generally offered as percentage or match bonuses. This means that players will be offered a percentage of their first deposit as a bonus amount. This amount typically varies between 50% and 500% depending on the casino, but it is important to read the fine print to be sure of exactly what you are eligible for before you accept it.

No Deposit Casino Bonuses
No deposit bonuses are offered to new customers of a casino, but they are nowhere near as common as the welcome bonuses. These are bonuses that are deposited into a player's account when it is first opened. The unique aspect of this deposit is that it does not require a deposit. This means that players can use the casino's bonus in order to trial the casino software and games without having to risk any money first. No deposit casino bonuses tend to be in the region of $10. However, searching in the net for no deposit casino bonuses, you can find offers a little bit bigger but it is on a rare occasions.

Reload Casino Bonuses
Reload bonuses are similar to welcome bonuses, except they are available to existing customers. They are a percentage of your deposit and are commonly a 100% up to $100. The total bonus amount tends to be less than the welcome bonus amount. These reload casino bonuses may be limited by the week or by the month.

Preferred Deposit Bonuses
Many online casinos have certain deposit methods that they prefer customers to use. These casinos often offer a preferred deposit bonus if you use that method to deposit funds into your account. Typically, you can expect around a 5% to 15% bonus on your deposit up to a few thousand dollars.

Refer-A-Friend Bonuses
Refer-a-friend bonuses are common ways for online casinos to try to increase their customer base. If you refer a friend and the player opens a casino account and makes a deposit into that account, you will be eligible to receive a casino bonus. These bonus amounts vary between casinos - they may be set cash amounts or they may be a percentage of the friend's deposit amount.

Loyalty Casino Bonuses
Loyalty bonuses are bonuses that are offered to players who are members of the casino's loyalty program. Often there are varying levels of the loyalty program and the higher you reach in the program, the more bonuses will be awarded to you and the higher the percentages you will be able to expect from your bonuses.

High Roller Casino Bonuses
Some online casinos offer deposit bonuses for their high roller players - those players who make large deposits. These could be 50% deposit casino bonuses up to amounts such as $1,000.

Casino bonus hunters

What is Casino Bonus Hunting?As the name suggest, bonus hunters are people who hunt around the online casinos for the best bonuses. They sign up to casinos and accept bonuses and play until they are ready to cash out their winnings.

The History of Bonus HuntingWhen online casinos were a new industry, bonus hunting did not exist or at least was not common. Bonuses tended to be big and wagering requirements were small and there were a small number of online casinos available. As the number of online casinos available grows, they are tending to toughen up their wagering requirements. Bonus hunting began in earnest in Denmark where a few Danes figured out the best way to get the most out of the casinos.

Why Bonus Hunt?
Some people who enjoy playing at online casinos are concerned that there is a high risk involved and they want to minimize the amount of money they can lose by playing online casino games. These people worked out that by hunting out the best casino bonuses and playing wisely with bonus money, you are more likely to come out without having lost, and in fact, you may come out winning. Casino bonus hunters do not necessarily play to win, but they play to not lose.

The Disadvantages of Casino Bonus HuntingIn order to come out ahead with bonus hunting, players need to play at the lowest stakes tables and wager the minimum amount. This is a way to minimize the percentage of the casino bonus that is used up in the process of fulfilling the casino bonus wagering requirements. While this method makes it highly unlikely that you will lose money and even makes it likely that you will win back your initial deposit plus some extras, there are drawbacks. One of the major drawbacks is the amount of time that it will take you to win back your initial deposit if you are only playing at the lowest stakes tables and wagering the minimum amount. Also, you need to spend the time researching which casinos offer the biggest bonuses with the smallest casino bonus wagering requirements that you can play at the lowest stake tables. In truth, the winnings that you come away with are probably not worth the time that you put in.

Another major risk of bonus hunting is that you may be labeled by the casino as a bonus abuser. Bonus abusers are people who sign up multiple accounts at a casino in order to receive casino bonus offers multiple times or people who sign up for a new player account even though they already have an existing account. This is unethical and casinos can ban these players, block their accounts and withhold their winnings. Bonus hunting on the other hand is completely legal and ethical. Some professional casino bonus hunters employ camouflage techniques to appear to be a regular online casino player. However, if you only ever wager the minimum amounts at the lowest stake tables, you run the risk of being labeled a bonus abuser.

With the increasing popularity of bonus hunters, no deposit casino bonuses are becoming rarer. No deposit bonuses are a bonus hunter's dream because they do not have to risk any of their own money in order to receive the bonus.