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Are online casino bonus offers a good deal

By admin on 2016-09-21 09:25:44

There are many ways that a business can attract new customers, so much so that specialist marketing companies are often employed to ensure that companies are using the best strategies. Clearly advertising is often at the top of the list in terms of marketing expenditure because your prospective new customers first of all need to know you exist and secondly what you can offer them. In the highly competitive retail sector the next most obvious marketing strategy is likely to be special offers and regular discounting events, in other words competing on price. This has proved to be a successful approach for the cut price supermarkets for example over recent years, although there are still many people prepared to pay more for perceived better quality. Clearly here at onlinecasino.ie we are more interested in the strategies used by the online casinos to attract new customers, and in particular the online casino bonus offers which appear to have become the norm for almost every online casino site. In terms of the quality of the product or service being offered by online casinos in general, the first priority has to be the financial security and privacy systems within the site management software, followed by the quality of the casino games they offer. We are reasonably confident in the security and management systems utilised by all the online casinos we feature on our recommended list, but of course when it comes to the casino games we have to accept that we all have different preferences in the type of game we want to play. That is why we include a range of options on our recommended online casino list. In terms of price comparisons however the online casino sector bears no relationship with the retail sector because we all choose how much we wish to spend on playing casino games, which brings us back to the online casino bonus offers which are the online casino equivalent of the discounts in our shops.

When it comes to assessing the value of the bonus and cash-back offers available at the online sports gambling sites, the comparisons are usually easy because the offers are pretty straightforward and easy to understand. Unfortunately the same cannot be said of many of the welcome online casino bonus offers we find at our online casinos, because they invariably come with a list of terms and conditions which need to be clearly understood by anyone thinking of accepting the offer of this type of bonus. The welcome bonus is undoubtedly the most common form of online casino bonus found at our online casinos, and with the exception of the No Bonus casino all the rest of our recommended online casinos offer a welcome bonus to new customers. It is also true that most of these welcome bonus offers are very similar in that they offer to match the new customer’s first deposit with a 100% bonus up to a fixed amount. Many online casinos also offer a reduced bonus on the second and third deposits as well so that the apparent free stake money available can be quite substantial for anyone accepting the full package. There is no doubt that these online casino bonus offers look very attractive, but are they as good as they seem and more importantly are they suitable for all potential new casino games players. The potential problem for many new players lies in the terms and conditions associated with these offers, in particular the play-through requirements. It has to be said that whilst we are concerned that everybody understands these conditions, we also understand why they are necessary for the online casino operators. These bonus offers are effectively providing new players with free money with which to play casino games, so in order to be viable for the online casino operators they must also encourage us to stay with the site for as long as possible. The play-through condition is the way that they can do this, because it stipulates how much of our money we need to stake on playing casino games before we can access any winnings from our account. This is usually expressed as a multiple of the total of the initial deposit plus the bonus, and is usually at least 20 times that total and can be as high as 30 times in a few cases. To put this in plain English, a new player who elects to accept this form of welcome bonus and decides to make an initial deposit of say 25 euros would receive a 25 euros bonus which means that they would have 50 euros to play with. However a play-through requirement multiple of 20 would mean that they would need to stake at least 1000 euros before being allowed to access their account and withdraw any winnings. Some welcome bonus offers also stipulate a time limit on the play-through requirement, and even restrict which casino games qualify for the play-through requirements because the odds of winning are higher on some games. We are not saying that this type of online casino bonus is a bad deal, far from it because for some people they are indeed very generous and most welcome, but they do not suit everybody. It is important that anyone tempted to accept a welcome bonus of this sort is totally aware of the terms and conditions associated with the offer, particularly how much money they are expected to risk to satisfy those requirements. Remember these online casino bonus offers are voluntary and will not in any way effect your registration with any online casino.

We have already mentioned odd man out as far as online casino bonus offers are concerned, the No Bonus casino, which as the name suggests have decided not to offer any bonuses. Instead they have chosen to offer an interesting cash-back incentive for new and existing customers. Anyone making a deposit today for example and then having a run of bad luck so that the whole of that deposit is lost on the same day will receive a 10% cash-back the following morning with no strings attached. The money can used to play more casino games, or simply withdrawn with no penalties at all. An interesting alternative to bonus offers.