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.