Online casinos are all about bonuses. Some websites give you more than the other, but there are also a number of different bonuses that are offered by online casino sites. A large number of people fall for the big number traps and signup with websites offering a high first time bonus, but nothing after that. This doesn’t help in the long run as many websites don’t only offer first time bonus but bonus or cash back every month or on every deposit.
To help you understand online casino bonus systems better here is a list of all the possible bonuses on offer on these websites –
1. Signup Bonus
Almost all online casino websites offer a signup bonus. The bonus amounts and terms differ from website to website; however, the basic working of it remains the same. For e.g. if a website is offering 100% bonus on your first deposit to a maximum of $200, it means if you deposit $200 your account will show a deposit of $400. Some sites also offer bonuses for no initial deposit and let you play some free games, which is limited to the number of games or time.
2. Cashable Bonus
This is the most familiar form of bonus that is offered. This bonus can be withdrawn by the player after reaching the required wagering amount. So, if a player gets a 100% cashable bonus on a game of $100, then they can withdraw $200. However, this money can only be withdrawn once the wagering amount is equaled.
3. Sticky Bonus
Stick bonus is also known as non-cashable bonus. The sticky bonus can be used to place more bets but the amount cannot be cashed out.
4. Cash Back Bonus –
Though these are rare with most online casinos, some sites do offer it. It means that a certain percentage of the amount lost during the week will be returned to the player. For e.g. if a player lost $200 during the week and the website is offering 10% cash back bonus. Then the player will receive $20 back into his/her account as cash.
5. Comp Points
This is commonly seen in real casinos and now has also become a part of online casinos. The online casinos now offer comp points on wager and these points can be exchanged for prizes, cash, etc. The percentage of points received on wager and the conversion of comp points differs from site to site.