Most online casinos offer no deposit bonuses for new players. This is one of the most misunderstood bonuses. It is basically a gimmick because no one is going to give you free money without at least making you jump through a few hoops during the process. The idea of the no deposit bonus is to get new players to try out an online casino. It is basically the same as a play account except there is always the slight potential to actually get paid.
Many new players believe that online casinos that offer this bonus will continue the process for as long as they remain players. This is not the case. Almost every online casino sticks with the policy that the bonus will only be given out once. There are many other types of bonuses that are actually a very good deal. First deposit, reload and refer a friend bonuses are the most common. Some online casinos will also offer bonuses based on how much you play or if you enter certain tournaments.
Online casinos offer free roll slot tournaments to bring in new players. These tournaments are open to both new and existing players. Most of these tournaments also offer rebuys for a nominal fee. This is the hook that they use to bring in new players. The idea is to play for a pre determined amount of time and accumulate as many credits as possible. There is usually a leader board so you can tell what place you are in. The strategy, if you have a lot of credits, is to know when to stop playing and let your opponent use all of their credits.
Reload bonuses are given to players who have previously made deposits. Once they have real money accounts set up they are eligible. Reload bonuses are offered by cyber casinos to keep their existing accounts coming back. These bonuses are usually offered at slow times of the day or week. For example they may offer a 25% reload bonus on Tuesdays.
The most common type of bonus is the first deposit or sign up bonus. This is a bonus given to a new player at an internet casino. The casinos offer these bonuses in order to get new players to try them out. They range anywhere from 10% to 200%, with 100% being the most common. This bonus is a match on your first deposit, although some online casinos are now extending the offer over your first 5 or even 10 deposits.
Online casinos are much more profitable than land based casinos. They do not have the overhead that large hotel casinos with armies of employees have. They can therefore use this extra profit to attract new players. You want to take advantage of this. In general the odds at a web based casino are better than at a brick and mortar casino. Online casinos also offer their players match and reload bonuses. You will not find anything like this at a Las Vegas casino. When you add together the better odds and the real money bonuses it is hard to beat the value of an internet casino.