Classification of Casino Bonuses

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Many players who choose online gambling over traditional gambling usually have the words sign up bonus or free cash bonus on their minds. Sign-up bonuses are like icing on a cake to a player who signs up with an online casino for the first time. In fact, almost all casinos offer these bonuses in order to draw potential players to their sites. 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 bonuses are the biggest come-on for any internet casino. It’s the amount of the 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 that 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 player betting money. Never woulda 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 has 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 bonus 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 bonus is a bonus that is given during special occasions 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 types of bonuses while engaging in 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.

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