The Bingo Guy - Reviews of the best online bingo sites - Online Bingo Sites - Bingo Listings
Bingo Hall Montly Promotion
The Bingo Guy's Bingo Articles
November 19, 2006
 MAIN 
 REVIEWS 
 ARTICLES 
 NEWS 
 LINKS 
 STORE 
 CONTACT US 

Protect Yourself by Understanding Casino Bonuses
by Ryan is the editor of Online Gambling Insider

Last Updated: 04/23/2006

The majority of casinos attract new business by offering players an alluring casino bonus. It's worthwhile knowing how these bonuses work and how they affect you.



The majority of casinos attract new business by offering players an alluring casino bonus. It's worthwhile knowing how these bonuses work and how they affect you.

WHY DOES A CASINO OFFER A BONUS?

This is the bit it's easy to understand. By offering bonuses, typically in the form of free chips or money, casinos aim to attract and retain players. In effect, the casino uses the bonus as a type of competitive promotion to woo your patronage. It's like a retail store offering a free item with a regular purchase.

TYPES OF CASINO BONUSES

Casinos offer two basic kinds of bonuses: first deposit and loyalty bonuses.

As a first deposit bonus, the casino gives you money to thank you for becoming a member. This type of casino bonus is usually paid after you've signed up and paid your first balance into your Real Money account. The casino will frequently match whatever you deposit up to some maximum amount, which could be $100, for example. Or your bonus may be a percentage of your deposit up to a specified maximum, such as a free 50 percent of the first $250 you deposit. These figures may differ considerably at various casinos, and individual casinos may periodically alter their bonus offerings.

Casinos strive to keep their current customers by offering a loyalty bonus, which is a type of promotion used by the casino to thank you for your continued patronage. For example, the casino may add an extra 20 percent to the first deposit made in a particular month, or it may add 10 percent or so to however much you deposit during a month.

WHAT'S EXPECTED OF THE PLAYER

In essence, the casino expects you to identify yourself honestly, refrain from cheating, observe the casino rules stipulated in the terms and conditions, and agree to the conditions that apply to cashing in when you win.

It should be understood that you will continue your visit and play for some time if you have accepted a bonus from a casino. There will be a "wager through requirement" - a clause requiring that you must bet a minimum amount of money before you can qualify to receive your bonus. This minimum stake is usually equivalent to some multiple of your initial deposit, or equal to whatever straight bonus you have been granted, or it may be the sum of both these amounts. You'll generally find details on this "wager through" in the published terms and conditions of the casino. Your minimum total bets may need to be anything from 3 to 20 times the amount of your first deposit. By and large, a bigger bonus means a bigger wager through requirement, but there are many exceptions.

WHAT'S EXPECTED OF THE CASINO

As a player you will expect the game play at the casino to be fair and your winnings to be paid honestly and promptly. This much should be self-evident. But be aware that the nature of the games and payouts may change over a period and you'll be expected to comply with any corresponding changes in the terms and conditions.

The nature of the games may change if the casino upgrades its software to enhance various features of play or finds it necessary to modify its payout percentages from time to time to keep fair control of the "casino hold", which is the average profit the casino may be entitled to earn from money paid in by players. Payouts are most likely to change in Slots and Video Poker.

The terms and conditions of a casino are like a contract between you and the casino. They reflect the manner in which the casino undertakes to deliver service to you, the player - so be aware that the casino may need to adjust and tune its bonus and wager through conditions at various times.

The golden rule: PLEADING IGNORANCE OF THE TERMS AND CONDITIONS IS NO EXCUSE! The casino's terms and conditions spell out clearly what is required in the conduct of both the casino and its players. In any dispute, the casino will expect the player to comply with the spirit and probably the letter of this agreement. In life, as in law, ignorance is no
defence.

Read more about online casino bonuses and other Online Casino Gambling topics at http://www.online-gambling-insider.com

Comments on this article

Related Articles

Online Casinos to Avoid
Online casinos to avoid are not just those associated with low joining bonuses or those based overseas. Online gaming is great fun. Jackpots at online sites can be much higher than traditional casinos because of the much lower overheads of any online business as opposed to its bricks and mortar equivalent. But which should you trust and which do you run from? Here are some criteria you need to consider when deciding which online casinos to play

How To Play Bingo
Online bingo has a huge following. It is simple and a lot of fun to play.

Choosing An Online Casino Game
If you are new to online casino games, it can often be confusing which games to try out first. Whilst most people who play at online casinos for the first time already have a preference for a couple of games, some are still unsure where to start.

Online Casino Beginners Guide
Since its inception several years ago, the online gaming industry has gone from strength to strength and attracts thousands of players all over the world every day. Although some are professional and/or regular players, many are visiting casino sites for the first time and are unsure of what to look out for. With so many casinos to choose from it is important to do a bit of research first. There are some wonderful operators out there who operate a fair and honest business, but as with any industry, there are others who are less than reputable. Here are a few things to keep in mind if you are new to online casinos and games.

Protect Yourself by Understanding Casino Bonuses

Things to Look For In Online Gaming Websites
Playing games online is a popular activity these days. From arcade games to casino games, there is something for individuals of all ages and tastes. When trying to choose the perfect online gaming website, there are a few different things which one can look for in a site of this type to narrow down the possibilities.

Bingo 101 what you absolutely need to know about
It is quite surprising and amusing at the same time that most of the people aware of the game bingo, still associate it with some old ladies. The reality, however, suggests that the situation is quite opposite.

Winning Method For Bingo
Let me say at the very start . . . it is my own sincere opinion that when one sticks to tested rules, one's chances of winning more or less consistently is by far the most sensible procedure. On the other hand, BINGO is a game of Chance, and one's luck (and streaks of luck) can be greatly IMPROVED by following a good set of rules. I think THIS is the best ever. I'm confident no one has ever worked out a method to win EACH game one plays (regardless how many cards they may buy.) With THIS method I have worked out, one should WIN a lot more frequently than NOT using it.

 


No Download Slots at Winward Casino Get $5 free - Sign up now at Bingoformoney.com
Close
Close