With the advent of online casinos has come the introduction of casino bonuses. But can we really profit from these bonuses or are they just another way for online game sites to rip us off?
There are a few different kind of casino bonuses and I will list and give a brief description of all of them.
*The Sign-up Bonus. Most casinos offer this bonus to new players upon signing up with their software. The percentage of the bonus differs from as little as 10% to as large as a 1000%. These bonuses can be highly rewarding for the player if played correctly. Lets divide this bonus into some sub-categories.
A. The cashable bonus. Like this is worded, this bonus is fully cashable after a certain amount of wagering playthrough has been met.
B. The Sticky bonus. This is a Play bonus, meaning that it cannot be cashed out but can still be used effectively to make a profit from the deposit. It also comes with a wagering requirement and a two-tier betting system is used to maximise the profit.
C. The Post Wager bonus. This bonus is paid out after the wagering requirement has been met. It is normally cashable but you don`t have the opportunity to play with the bonus during initial wagering.
D. The Reload Bonus. This is offered to registered players on a regular basis and can come in the form of cashable, sticky or post wager bonuses.
E. Special Payments Bonus. This is a bonus offered if the depositing customer uses a special method of deposit eg. Moneybookers, Ukash, Neteller etc.
F. The No-Deposit Bonus. This is a free bonus that is offered to new players and does not require any deposit whatsoever. Casinos offer this bonus to new players to test their software and randomness of the games. The bonus is normally fully cashable but under most circumstances, can only be wagered out on certain games.
So how can a new depositor profit from these bonuses? Simply by playing low house edge games and placing small bets for the duration of the wagering requirement. Significant profits have been made from players all over the world, and the only skills required are some patience and self-discipline.
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