What is a Bonus?
Answer: In the world of online Casinos and gaming, a bonus is a way for them to entice you to add more funding to your online Casino account. The theory here is that once you have transferred the funds to your online Casino account, you will spend your time playing using that money without considering transferring the funds back. The amount of bonus money to play you receive will increase as you decide to transfer higher amounts of your own money to your online Casino Account. For example, you might get a 5% bonus for every $100 you deposit, giving you an extra $5 of play. The online Casino may offer you a 10% bonus for every $500 you deposit, giving you an extra $50 of play.
In an effort to offer the hook to get many first time players to join and play at their online Casino site, many such sites offer players a free $10 or other monetary amount in play just for creating an account. Often, these players decide to transfer their own funds to continue play once the bonus funds have been used. Other monetary bonuses are issues for signing up for tournaments, newsletters, and promotions at some online casino sites.
There are individuals in the gaming arena who know how to work the market for promotions. While it is time consuming to sign up for accounts on site after site of online Casinos, they only hit the ones offering bonuses. They play with the bonus money only, and then leave the site and move on to another. They enjoy the fun of playing at online Casinos without paying a dime. If they are lucky enough to win a little, then they have really cashed in on the hospitality of such online Casinos. The portion of people who have the time and organization to conduct this type of play is very small.
Offering a bonus for the amount of money a player deposits in their online Casino account is a marketing ploy of these sites to entice players to deposit more money. The more money they deposit, the more likely they are to continue playing on that particular online Casino site.
