The Classification of Casino Bonuses

Many players who choose online gambling over traditional gambling usually have the words “sign up bonus” or “welcome bonus” on their minds. Sign up bonuses are like icing on a cake to aplayer who signs upwith an online casino for the first time. In fact, almost all casinos offer these welcome bonuses in order to draw potential players to their site. In the world of corporate gambling, the casino that can pull in the most number of players wins.

There are different kinds of bonuses offered by online casinos.

Signup Deposit Bonus

Sign up or welcome bonuses are the biggest come ons for any internet casino. It’s the amount of the welcome bonus that many potential players look at before making a decision.

There are two types of sign up bonuses offered: the straight cash bonus and the percentage bonus.

A straight cash bonus is an amount which is fixed or is based on the amount deposited by a first time registrant. A $50 deposit may earn the player a $200 sign up bonus however, most of these bonuses are not subject to withdrawal as winnings but to add to a players betting money. Never would a casino give out cold cash to its registrant. If every casino paid hard cash to every registrant, the business would drop.

A percentage bonus is a specific amount that is based on the deposit bracket. Some casinos offer a 50% to a high 200% sign up percentage of first time deposits. These percentages vary from casino to casino.

No-Deposit bonus or Free Cash Bonuses

A no deposit bonus is usually given on the first sign up and have the option of being cashed out as real money. These bonuses are usually combined with other bonuses or used as a one time deal. Many new players use the free cash mainly for placing free bets in hopes of winning real money.

Ongoing Gaming Bonus

This type of bonus is regarded as a retaining bonus or bonuses designed to keep the player with the casino for a longer time. Online casinos realize that as the players stay with them longer, they would expect the casino to extend more credit or something similar to keep them happy. These bonuses can be offered upon re-deposits made by the player.

Special Bonus

The special bponus uis a bonus that is given during special oocassions or usually when a specific amount of money has been gambled. Many casinos offer special bonuses to players whenever they want to reinforce the hold they have over the player. The bonus is meant as an assurance that the player will not stray away from the home casino.

Players may receive different type of bonuses while engaging the various games of a specific online casino. Players should always read the terms and conditions of the website before signing up to fully grasp the mechanics of how bonuses work.