Most online casinos offer sign-up bonuses to new players or to valuable players making further deposits. Although online casinos usually have a house edge, bonuses make up for it by increasing players’ chances to win. Casinos are essentially not giving money away, that is why they require a certain amount to be wagered (usually a multiple of the deposit/or bonus the player received) in order to allow a withdrawal.
Online casinos offer a further bonus option called comp points (comps), which is also available in land-based casinos. Players receive comps for each $10 wagered in a ratio depending on their VIP level. A VIP system is another way for casinos to reward their most loyal and valuable players – most online casinos hand out gifts, no deposit loyalty bonuses, online tournament entries and much more to their VIP players.
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