We know that live casinos are offering some kind of incentives to their players. This is termed as the casino comps. They come in many kinds, such as free drinks, free meals and hotel lodging, tickets to some shows, reimbursements of plane fares, and magnificent limo (I mean limousine) rides. All of these, in exchange for the player’s loyalty and frequent visit to the casino. But how do you think online casinos would par with these? Well, they just simply offer online casino bonuses that players can’t seem to resist.
Types of Online Casino Bonuses
Online casino bonuses is a part of the casino promotion strategies. They are some sort of free money given to the players in order for them to sign up and make a deposit to the casino. These bonuses come in two common types, namely, the Sticky Bonus and the Non-Sticky Bonus.
Sticky Bonus
The most common type of bonuses in online casino websites is the sticky bonus. This is an additional monetary amount which is based on a percentage of your initial deposit. You can use this bonus in wagering on any casino game you play. The advantage of this bonus is that you have a larger bankroll to burn in casino games, than just relying on your base deposit amount.
The sticky bonus is commonly applied in the Sign-up Bonuses offered by online casinos. It is the most popular type of bonuses, because this is the first line of promotion that online casinos used in order to attract players. It is also known as the Welcome Bonus. Banners of online casinos including how much they can offer are scattered in the web: in casino portals, advertising sites, blogs, etc. By signing up and making a deposit, you will be granted an additional monetary amount which is equivalent to a percentage of the amount of your deposit.
Some casinos offer as much as doubling the amount of money (100% welcome bonus) you deposited to your account. However, some of them put a cap on how much is the maximum welcome bonus to give, such as $200. So if you deposit at least $100, your bankroll will become $200 + the amount you have deposited in your account. In additional, most casinos give bonuses for up to the first four deposits you make. Applying the example given, you’ll be given a bonus of up to $800 in all of your first four deposits! There are still those who give 300% deposit bonus!
Some casinos, however, does not require a player to make a deposit just to have the bonus. But most of the time, they are given in much lower amounts, such as a free $10 instantly to your account. Some websites still give free casino games, such as letting you play on some casino games online without any bet, and the winnings are all yours to keep.
In order to avoid abuse, players can not withdraw the sticky bonus, and if you want to cash out some money from your account, this sticky amount will be deducted first from your total bankroll, and the only available amount for you to take is from how much remains, that is, if your bankroll is greater than the sticky bonus. Otherwise, you cannot withdraw any amount. You have to play and win more, applying some winning strategies in casino games that you know. Also, most casinos will only allow a player to cash out some amount once they meet some wagering requirements set by the online casino. For example, you have to make a total of 25 times the amount of your base initial deposit before you can withdraw from your account.
Non Sticky Bonus
The Non Sticky Bonus is a more valuable, but quite rare, type of bonus. They are some free cash that a player can obtain AND withdraw from his account. However, compared to the sticky bonus, the requirements set by casinos to cash them out are more difficult to attain, such as you have to meet a total wager of 20 times of your initial deposit, or you have to make a set amount of wager (such as $4,000), and these wagers must be made on unrestricted casino games where the casino house edge is often high. If ever they will allow players to bet on lower house edge games, they will make the wagering requirement even bigger.
Another type of a non sticky bonus is the Cash Back Bonus. It is commonly offered to players who have availed memberships to VIP systems, Loyalty Awards, Players Club, etc. (See the VIP System in Online Casinos »). In this bonus, players are granted free money that are based on a percentage of their total losses for a period of time (such as a week or a month). Members who have higher hierarchy levels have much higher cash back percentages than those low-level members.
Bonus Abusers
Well, with FREE things that are offered, there are abusers most of the time. In land-based casinos, they are called comp hustlers (See the best bonuses »), and in online casino websites, they are simply the bonus abusers. Thus, many online casinos are very strict in implementing the bonus system, in which making many deposits is very inevitable.
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