Most online casinos offer bonuses
to their new and existing players – these can signup
bonuses, cashable bonuses, sticky bonuses, cash back bonuses
and comp points. New players can earn signup bonuses when
they make their first online deposits. These bonuses are designed
to entice players to the online casino and are normally a
percentage of the deposit up to 200%. Most online casino
signup bonuses require that a certain minimum amount of
betting takes place before they will allow the player to make
a withdrawal.
Cashable bonuses can be withdrawn after a
certain wagering requirement has been met. These types of
bonuses are often limited on some games, such as Craps and
Baccarat. Sticky bonuses are non-cashable bonuses which can
be used in bets but which cannot be paid out. If a player
does win on a sticky bonus, the bonus amount will be deducted
from his payout. This is also known as a ‘phantom bonus’.
Cash back bonuses
are paid out after a player has lost. A percentage of the
player’s bet money is returned and this type of bonus
is only applied to those online gamblers who have lost. This
is a very rare bonus! Comp points are used in both online
and traditional land based casinos. Players earn a certain
predetermined amount of comp points for every game that they
play and these points can then be exchanged for cash, prizes
or other comps. For example, a casino may offer 3 comp points
for every R10 wagered in slots and 1 comp point for every
R10 wagered in Blackjack. They could alternatively equate
100 comp points with R1.
The
following table shows the various signup bonuses available
at some of the South African Rand based casinos:
