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Tuesday 16 June 2020

Understanding the Concept of Online Casino Bonuses

Understanding the Concept of Online Casino Bonuses
When most people hear about the idea of online casino bonuses for the first time, they tend to find it rather bewildering, perhaps even unbelievable. It is not hard to see where they are coming from, in this. After all, casinos, whether online or the 'brick and mortar variety,' have been for long presented as money loving establishments; which are quick to take money but somewhat reluctant to part with it. Of course, whether that notion is true or not is a matter of conjecture (as the casinos usually keep their part of the bargain when it comes to giving out genuine winnings) - but the perception persists.
Coming from that background then, it would be natural for anyone to be quite skeptical about the casino bonuses in question. And from that skepticism, one would be inclined to ask what the said online casino bonuses really are, and why the online casinos actually give them.
So let's start with the first part of the question. That it is the part of the question regarding what the casinos bonuses are. As it turns out, online-casino bonuses are, essentially, made up of money that the online casinos add to their members playing accounts; giving the members in question the opportunity to play for greater amounts of money than they would have in their accounts. The arrangement is usually such that for every X dollars you put into your online casino playing account, the online casino adds into that online playing account of your some Y dollars (on top of the X you deposited into the account). So if you put $100 into your online casino playing account, you could find your account balance reading something like $110, where the $10 extra represents the online casino bonus in your case.
To be sure, the casino bonuses will tend to be relatively small amounts of money compared to what you deposit into your account. But when all is said and done, they still represent money that you get out of the establishment for free. And as we all know, getting any money for free from anywhere can turn out to be rather difficult, these days.
Now turning to the second part of the question, as to what the motivations for giving out the online-casino bonuses are, the answer would that the motivation for giving out the bonuses is the same motivation like that which is behind 'ordinary' store's giving out of discounts. They could just as well be termed as discounts. But looking at the context in which they are applied, it was thought to be better to term them as bonuses. After all, in this case, it is not money that you would have paid that is deducted from the due payment. Rather, it is to money that you have already paid that the 'vendor,' in this case the casino, adds something; hence the name 'bonus.' The underlying motivation is, of course, to attract and retain their members - whom the casinos in question risk losing to other casinos that abound.

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