Sometimes, players end up losing money to online casinos. And that's okay, as it is part of the game. But, what happens after this loss determines if the players will come back or not. So, online casinos decided to take up the winning cashback strategy, from the credit card industry.
After losing a certain amount of money, say $400, a casino may decide to give back a small percentage, in casino credits or withdrawable cash. Typically, the rate is anywhere between 10% and 20%. And that translates to $40 - $80, in this case. That way, players will be happy, and ready to come back for more action.
Online casino operators often offer bonuses to draw in customers that are deciding which casino to sign up with. Free bonuses are common for new customers and they consist either of a free money bonus or free spins. Bonuses that include wagering requirements are also common. They keep customers playing for longer, making money for the casino.
When casinos give away free bonuses to new customers, it gives them the opportunity to try out different games before betting with money. When customers find a game they enjoy, they are more likely to stay. With bonuses that have wagering requirements, the advantage is more for the casino, as customers have to play for longer.
Because of wagering requirements that are sometimes attached to bonuses, it is often preferable to gamble without a bonus. When players sign up and get a bonus with wagering requirements, they usually have to play the bonus for a pre-determined number of times before any winnings can be withdrawn from their casino account.
A wagering requirement states the number of times a game has to be played with the bonus before withdrawals are allowed. This is usually shown by a number with an x behind it and signifies a multiplier. If the multiplier is 5x, the player has to play the bonus five times, before a withdrawal can be made.
Live casinos are the hybrid version of online casinos. Unlike online casinos, which rely on random number generators and simulated tables to represent the game, live casinos broadcast a live stream feed with human dealers managing the gameplay. The interaction between the croupier and the players adds a personal feel into the online betting environment.
The introduction of live dealer games has improved the online gaming space in many ways. Having human dealers has made online casinos more sociable; an area where online casinos have been found lacking. Live dealers bridge the gap between the thrills offered by real-life casino gaming, and playing online casino games.
Any serious casino operator should make an effort to obtain a license, which comes with lots of responsibilities. From a playerís perspective, a license offers an assurance of playing in a safe and secure environment. Besides having top-notch security features, fair play is another benefit of playing in a licensed casino.
The gambling environment poses a real threat to punters. In light of this, casinos, and other players in this industry have found it fit to create awareness of responsible gambling. Responsible gambling campaigns are all about educating gamblers on risks associated with their gambling behaviors, self-diagnosis of gambling problems, and better ways of managing their bankroll.
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