By Tony Sugamosto
Online casinos offer a variety of casino bonuses to attract new players to their online casino. There are five types of casino bonuses available to new players. These five types of casino bonuses include: * Sign-up Bonuses * Cashable Bonuses * Sticky Bonuses * Cash Back Bonuses * Comp Points.
Sign-up Bonuses: Sign-up bonuses are online casino bonuses that provide new players who have just signed-up a bonus when they make their first deposit into their account. These bonuses usually match their deposit up to a certain percentage. This type of casino bonus typically has a maximum on the amount of wagering the person is allowed to do before they can cash out. An example of this type of online casino bonus is when an online casino offers new players a deposit match up to 100%. The player is then required to wager 25 times their total deposit amount, plus the bonus amount before they can withdraw their winnings. Wagers on specific games such as craps, roulette, baccarat and sic bo do not count towards wager requirements. In this example, there are certain conditions that are applied the bonus. So, in this situation, if the new player deposited $100 and received a 100% bonus, they would have $200 in their account. To meet the rules, they would have to wager $5,000 in online casino games before they can withdraw their winnings.
Cashable Bonuses: Cashable bonuses are the most common type of casino bonus. These allow the person to cash out after they have met their wagering requirement. This online casino bonus is similar to that of the sign-up bonus, but they can be cashed out after meeting the wagering requirement. Therefore, you may have to wager a certain percentage of your deposit, but the bonus amount is not included in that amount. This allows you to withdraw your winnings plus the bonus. There are often certain restrictions on the games that count towards your wagering. For instance, many casinos will not count wagers made on games such as craps, baccarat, sic bo and roulette. This is because these games provide the person a greater opportunity to bet simultaneously on these games. For instance, a person could bet on the banker's hand and the player's hand in a game of baccarat.
Sticky Bonuses: These are a non-cashable casino bonus. These bonuses can be used to bet, but you are not allowed to cash them out. When a person makes their withdrawal, the bonus amount is typically removed from the person's withdrawal amount. With a sticky casino bonus, the player may receive a 100% match on their deposit and then they have a percentage amount that they must wager. For instance, if they deposit $100, then they receive a $100 bonus. The player must then wager $2000 worth, but when the player withdrawals their winnings, the $100 bonus is then removed from the amount. Additionally, these bonuses do not allow you to withdrawal $100 or less. This is because there would be nothing to withdrawal once the casino bonus is removed.
Cash Back Bonuses: These bonuses are provided to the player after a loss. Once the player loses in a game, the player's loss is then returned. For instance, a casino may offer a 25% cash back bonus each week. An players who had a loss during the week would receive a 25% online casino bonus that week.
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Sunday, February 17, 2008
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