Explaining Online Casino Bonuses: Match Bonus Attracts New Players
Internet, or online, casinos are internet versions of land based casinos. In general the games available, and the odds or payback percentages are the same as with land based casinos, although some internet casinos claims that their slots games give better payback rates that real life casinos. In some cases accounts have been published endeavoring to demonstrate this. For games like roulette and blackjack, the odds of winning are determined by the rules of the game, and sometimes by the player’s skill. In these cases the odds should be exactly the same as for a land based casino, unless the online casino uses software which “cheats”. To allay gamers’ fears on this, many online casinos use software from well-known reputable companies such as Microgaming, Playtech etc. Most online casinos have bonus offers intended to attract new gamers, and to entice established gamers from rival casinos. This short article explains all aspects of the bonuses offered by online casinos.
Match bonuses, and no deposit bonuses, are the most common bonuses offered to new players. They are usually available to those playing for the first time at a casino, which includes those switching casino, as well as completely new gamers. A match bonus (e. G. 50 per cent match bonus) requires the new player to deposit some funds into his account, and the casino will then match that deposit.
For example with a 50% match bonus the casino will add 50% on top of what the player has deposited. There will usually be some limit to the amount that the player can deposit for this type of bonus.
With a no deposit bonus, the player does not have to make any deposit. The casino will simply put a small amount of bonus money in his account when he registers. It is not surprising that no deposit bonuses tend to be considerably less generous than match bonuses.
Casinos usually carefully design the terms and conditions to avoid the risk of financial losses, and to prevent “bonus hunters” from profiting at their expense. Bonus hunters try to use the bonus to gain a mathematical edge over the casino, taking a small profit from every casino.
Normally the terms and conditions are intended to stop bonus hunting. The player will usually have to meet a wagering requirement, or WR. The player must wager at least as much as the WR before he is allowed to withdraw any winnings.
There can also be restrictions on the games played. Strategic games, such as blackjack, have a low house edge, and a skillful player, with a generous bonus, could gain an advantage over the house. For this reason the larger bonuses are often restricted to games with a higher house edge, such as slots.
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