Through bonus points players
are also rewarded with bonus by online casino. These promotions are usually
known as VIP or Loyalty Program. Right from the first game player collects the
points and after collecting a certain amount, it will be traded in for more
gaming, specific prizes or cash.
Earlier comps were only available at land based casinos but now do exist in
online casino. These comp points are exchangeable for prizes, cask or other
comps. In online tournaments these may also be offered as free tickets or
tickets to other events or as extra bonuses. By bonus hunting player can make
profit from poker room, sportsbook and casinos, it is also referred to as bonus
whoring or bonus bagging.
The refer-a-friend bonus is also another way of the online casinos which is used
to attract crowd and you are rewarded for doing this work. This refer-a-friend
bonus always requires an actual sign up from your friend after that you mat
receive the reward. This may vary in size but may give free weekend vacation
kinds of offers to you. These types of prizes are offered usually through
tournaments and have time limit.
There are some other bonuses that are not bound to cash out like phantom or
sticky bonus. These bonuses are known as “Non-cashable bonuses”. Difference
between phantom or sticky bonus comes at cash out time because the sticky bonus
may be wagered but you can withdraw it meaning that this sticks to your account,
while in case of phantom bonus, it disappears when cashing out by players.
Cashing-Out Your Bonus: Since almost all online casinos put some set of wagering
and other requirements that you have to meet to get the bonus. This is because
some less honest players do fraud to get free cash through bonus offers by
online casinos. So bonus system is banned at some places in the world. That is
why getting online casino bonus as cash in your hand is not really that simple.
We should remember that the main concept of casino bonus was introduced to
enhance payer’s gaming.
Not only players but casinos also commit fraud. By creating more than one
account and using these accounts player may claim several times signup bonus,
whereas on completing the wagering requirements by player casino changes the
terms of bonuses and requires the player to meet their new terms of bonus.