Online casinos are a multi-billion dollar business which has recently become very popular with gamblers worldwide. The lure of making huge profits has drawn a number of operators into the business resulting in hundreds of online casino sites that compete for your attention and patronage. Since all of them offered the same basic product, i.e. casino games, they had to think of something unique to perk up the customers' interest to make them sign up just like Free William Hill casino bonuses - for all New Players.
How it all began…
With land based casinos, it was quite easy since they could offer a variety of freebies in the form of free drinks, food and more. Online casinos function in a virtual environment, so the easiest way to entice players was to offer free cash to play at the casino. This was given in the form of bonus money – the casino's way of thanking their customers for the business and profits generated. Once this idea was introduced, every online casino began offering various kinds of bonuses, ranging from rewards for loyalty, bonus for regular play and even for topping up your online casino account with more money. But the most important of all was the bonus being offered for signing up at the casino.
The system of offering a casino bonus worked very well for both parties concerned. The player got extra money, which was free, to play at the casino and try out new games which he would not have otherwise done by risking his own cash. For the casino operators, it helped increase their customer base and in general increased revenues to a huge extent.
After the initial rash bonus offerings where a number of online casinos lost a lot of money, the present situation has been regularized with the casinos becoming more careful and attaching various terms and conditions to the bonuses. Basically, there are two types of online casino bonuses: Match Bonus and No Deposit Bonus. All bonuses come with wagering conditions, which we shall discuss later in this article.
Casino Match Bonus
A match bonus is the most common form of bonus that online casinos offer to the player. Usually, a match bonus is offered for signing up or registering at the casino. The player opens an account with the online casino by depositing a certain amount of money. The casino matches this deposit up to a certain limit, so you have double the money you invested to play with. Most online casinos have a minimum deposit that you must make and an upper limit for the amount of deposit they will match. So for instance, the minimum deposit is $10 and the casino will match your deposit by 100% up to say, $1000. So, if you deposit $20 on sign up, you get a bonus of $20, taking your bankroll to $40. The upper limit on a match bonus is fixed in order to prevent high rollers from doubling their million dollar bankrolls at the cost of the casino.
No Deposit Casino Bonus
No deposit bonus is free money in the real sense. The casino offers you bonus to join, but you don't need to deposit any money of your own to claim the bonus. Some casinos might even allow you to withdraw the winnings from such bonuses, but this kind of bonus is relatively rare. A no deposit bonus allows you to try out the online casino games without risking your own money. Casino operators hope that you'll be tempted enough to come back and invest more money in the games, which is great for their business.
Wagering Conditions for Online Casino Bonus
All casino bonuses have certain conditions or play-through requirements that must be completed before the player can cash out the winnings. The main reason for the casino bonus is to encourage you to return to the gambling tables. The wagering conditions ensure that you play a certain number of times in order to cash the bonus. Generally, the bonus and the deposit must be rolled over a specified number of times to get the benefit of the bonus. There may also be a time frame within which to complete the wagering requirements. Each type of casino bonus has a different wagering condition so you must read and understand the terms before accepting the offer.
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