Sign Up Bonuses & Chips

Sign Up Bonuses & Chips There is a lot to learn about the perks that you can collect along the way with every deposit made and every wager placed. This lesson will teach you what you need to know about such bonuses.

By Claire K | May 31, 2007

Bonus, First Deposit Bonus, Free Bonus, Welcome Bonus

High School

Lessons: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19

In This Lesson

One of the great advantages to online gambling is the extensive availability of bonuses and sign up deals. Not only do they increase your gambling budget, but they also increase your length of game play and level of excitement. It's important you get familiar with the various kinds of bonuses out there in a little more depth before getting started.

Different sign up bonuses
The most common bonus offered is the "welcome" or "sign-up" bonus, designed to attract new customers. The idea is that first time users to the site will receive a monetary prize upon depositing their first sum of money.

Today a 100% match to your initial deposit up to $100 is the mainstream offer. However, these figures vary greatly between different casinos. Alternatively, some casinos offer you a fixed amount per X dollars deposited. Many casinos will continue giving you bonuses up to your 3rd or 4th deposit, sometimes even the same initial amount. The point is to keep you depositing money.

Payment method bonuses
Some casinos favor the use of certain payment methods, and therefore offer bonuses to people using them. This bonus is usually offered for every payment made using that system, and is generally 10-20% of the payment. Because it has ongoing benefits, this bonus pays off well.

Poker specials
Some bonuses and deals are offered via the purchase of chips. This is usually the case for Poker, yet depends on the casino. It works very similarly to the above bonuses, only it is claimed differently - by winning hands rather than making deposits.

Helpful resources
We invite you to read the next lesson, on Wegering Requirements, which explains the small print that comes with the various bonuses.

and of course, check out the Bonus Hunter service, where the top bonus offers of the moment are listed for you to choose from.

High School