There’s no doubt casino bonuses are the driving force behind online gambling. They keep players coming back for more while generating more business for operators.
Think about it: A few years back, people were very sceptical about online casinos. They were new in the market, and nobody ever wants to be the guinea pig. And it was clear that casino operators needed a plan to get players on board.
What is a Casino Bonus?
Generally, a casino bonus is an incentive that is designed to attract or retain players. And every online casino has one. It starts with a welcome bonus package. Then it progresses to free spins and later becomes a loyalty program. The idea is to reward players at all levels so they can stick around longer.
Usually, casino bonuses come with strings attached. You need to meet specific requirements before the casino releases the funds. And these rules vary from one casino to the other. However, there is one rule that remains constant across the board – no user can withdraw the bonus money.
Here are more bonus conditions to look out for:
- All users will get only one chance at the welcome package. And, they must use their real personal info during sign up. That’s because most casinos will verify your identity before any withdrawals.
- As a rule, casinos will restrict bonus balances to play some games. That minimizes possible losses for the casino, especially with high stakes games. Alternatively, the casino might impose higher stakes for bonus players.
- Some casinos will limit the number of countries that can access bonuses. They are more interested in retaining their tier 1 players than they are with other countries. For that reason, they lock them out of their reward system.
- Usually, casinos slap a withdrawal limit on bonus winnings. The threshold might be anywhere between $100 and $500, and it’s designed to prevent money laundering.