Online casinos generally offer odds and payback percentages that are a bit higher than land-based casinos. Some online casinos claim higher payback percentages for slot machine games, and some publish payout percentage audits on their websites. The payout percentage for the games are established by the rules of the game.
Online casino games
A typical selection of gambling games offered at an online casino might include:
Many online casinos offer sign-up bonuses to new players making their first deposit, and sometimes on subsequent play as well. These bonuses are used by casinos to find a competitive edge and have become a means to market their product with an “offer”. Most bonuses require a return of commitment from the player to wager a certain minimum amount before a withdrawal is accepted after claiming a bonus. The wagering ensure that a player cannot just walk away with the casino’s money immediately after claiming the bonus. These conditions are always found in the bonus terms and conditions.
First deposit bonuses
Often referred to as a welcome bonus, the first deposit bonus is a deposit bonus awarded when a player first registers their account and do a first deposit to become active players.This is usually expressed in a % and size limit as to how the deposit is matched. More recently some casinos have started to match several deposits at varying rate (first deposit bonus, second deposit bonus, etc).
Example: A typical first deposit bonus is 100% up to 100EUR, which means that a player can deposit a 100 euro and the casino will match that deposit at 100% – resulting in an account balance of 200 euro. If a player deposits 150 euro, that would mean the casino matches the first 100 euro, but not the last 50 – resulting in an account balance of 250 euro (150+100).
A cashback bonus is usually offered as a percentage of losses in the player’s previous activity, or expressed as “play now – and if you loose, we’ll refund up to x eur”. These bonuses are more common within sports betting, but can be found in casinos too.
Free spin bonuses
A casino can award you a free spin bonus, which is a free spin of a reel where you don’t have to pay to spin. These spins are usually at a low stake and awarded to a specific game. Any winnings a user might get from free spin bonuses tend to have wagering requirements.