Online casino gambling is a relatively new business, after having been only since the mid-1990s. However, it has proven to be very popular industry with a multi-billion dollar annual turnover.
At the beginning, there were relatively few operators, but now there are literally hundreds of casinos, all vying with each other for their players loyalty. If the main product is gambling, how does a casino bring something unique and special to the table to bring players to your front door?
Playtech software claiming the first company to have come up with the solution, and during the validity of this statement is up for debate, its history is compelling. Unlike other online casinos that have been born, Playtech made her debut by partnering with land-based casinos and try out what they offered that online casinos do not.
The answer was layout rewards. A real brick and mortar casino not only offers games, taking a shower with all kinds of freebies to keep you entertained and coming back. Arguably the free drinks they you associate with a dual purpose, but that’s beside the point: If you spend money playing at a real casino, you get lots of free stuff.
And so the idea of casino bonuses was born – a reward system to thank players for their company and to entice them to play more. Since the entire experience takes place in a virtual environment is the best way to do that with free money to spend on more games.
Who they began, the idea spread like wildfire, and soon almost every online casino on the Internet began with lots of different bonuses for almost everything – for the loyalty of the regular game, for playback on a Tuesday … and above especially for the signing in the first place.
The real benefit of the bonus system, it became clear quite quickly – if you sign up to the players free money for your casino, they are more likely to experiment with games they not used. And if there is a sufficiently large pile of free money, they could register to play where they want to be different cautious.
For a while online casinos compete with each other and increasingly offers rash bonuses, but the practice has gradually standardized. First, because people came to expect a bonus, and secondly, because a culture of bonus abuse developed.
The industry saw a rush of people, new casinos Sign in with multiple accounts and claiming their bonuses, and cash out immediately. Strangely, most casinos do not develop guidelines to this yet, and a lot of money was lost as a result. Won The practice even has a name: Casino agriculture. The industry responded quickly, however.
Today, online casino bonuses are alive and well, and have calmed down to a reasonable level. Almost all online casino operators have added rule clauses in the rules and user agreements, such as bonus money is handled, usually requires a certain amount of play before a withdrawal can be made. In this way, the players still get to enjoy the bonuses, but the industry is protected from misuse.
There are two major types of bonuses, usually associated with some requirements.
If an online casino offers a bonus for the sign in place, it means that you are required to open an account with them and put some real money into it, but in exchange they will match what you deposit. This doubles the amount of money that you are going to have to play with, and it is an excellent way for a new player to build an impressive start bankroll.
It has become customary to set an upper limit for this type of bonus to online casino by high rollers protect this system to double a million dollar bankroll.