No Deposit Bonuses
The no-deposit bonus is a compensation (comp), or reward for gambling at poker and all online casino games. This type of bonus lets you try out a casino ’s online games before you deposit any of your own money. Think of it as an extra bonus. However, be aware of the cash withdrawal conditions, because you will need to gamble several times the amount of the bonus given to you before being able to withdraw your winnings.
Deposit Bonuses
Deposit bonuses are an incentive to encourage you to enter the online casino and gamble. The big difference to No-Deposit Bonuses is that you have greater freedom in withdrawing your winnings. Very often, the casino will match the money that you deposit into your casino account, increasing the amount with which you can play. For example, a 110% matching deposit bonus on your $200 deposit will give you an extra $220 for a total bankroll of $420.
Bonus Terms
1st Deposit – This first bonus by the online casino is a way of thanking you for choosing their online casino site. The name for this bonus can change, being also called a Start-Up Bonus or a Sign-Up Bonus. Your first bonus can be as high as 10%, 20% or even 30% of your original casino deposit.
2nd, 3rd, 4th Deposit Bonuses – As you continue your online gaming experience and make further deposits, the online casino responds by awarding you further Bonuses. These can range up to 100%.
High Roller Bonus – Every online casino is looking for the ‘High Rollers’, those people who are willing to gamble large sums of money. In return, these casinos are prepared to offer exceptionally high bonuses, such as an extra $1000 plus specially generous comp points.
Online Tournaments – tournaments are the online casino events where players play against many others and have the chance to win large prizes. There is an entry fee to join a tournament and these fees are used to create the large cash prizes offered. The online casino will receive part of these fees as their commission.
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