With today’s online casino games, the list of offered promotions and bonuses can be separated into two main categories. The first category encompasses all varieties of prizes and bonuses guaranteed to players at signup or upon fulfillment of certain specified terms, while the second category only contains the prizes for which you get no guarantees.
While the first category of online casino promotions is packed with prizes, these tend to be smaller due to their higher availability. Such prizes and bonuses are usually intended to encourage visitors to sign up with the online casino and stimulate players to gamble more. One of the most common promotions in this category offers a particular amount of credit every time the player makes a minimum deposit or wagers a minimum sum. Generally, the size of the bonuses offered revolves somewhere around 10% of the initial bank account or size of each wager made.
Compared to the prizes mentioned above, the list of bonuses in the second category is much more attractive. Especially popular with Las Vegas casino sites, these sizeable prizes are also fewer, and are mainly intended for players who make large deposits and substantial casino game wagers.
Some of most prevalent promotions in the second category come in the form of online tournaments, which allow players who finish in the top half of the leader board to split the accumulated prize pool between them. While some online tournaments have no entry fee, thus allowing everyone to join in and get a chance at winning the big prize, most competitions do perceive a set participation fee, whose size is influenced by the popularity of the tournament, total number of players expected, or other criteria. Despite the drawback of having to pay an entry fee to join the tournament, you only risk this tax of participation, as all the gambling during the competition is done using value chips supplied by the Las Vegas casino site.
Another popular promotion intended for the big players is the wagering contest, which rewards players who place the largest wagers on various casino games. No tournament is held in this case, as the leader board hierarchies are set according to the size of the bets risked by the players during the contest. In short, this promotion is designed for high rollers looking for a chance to take on other high rollers in a wagering challenge officiated by the online casino, and try their luck at a very sizeable prize pool.
The last promotion in the second category is known as the lucky draw, a draw game that offers players who wager more than a set amount the chance to participate in a final ticket draw.
Depending on the casino’s policy, the prizes offered in the lucky draw can be online credit bonuses, objects, real money or even luxurious vacations. Although it is again the high rollers who benefit the most from this promotion due to the larger number of tickets they can afford to buy, sometimes it only takes one ticket to win the draw, so in the end everyone has a chance at it.