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High First Deposit Bonus Casinos
Online casinos are a new trend in the entertainment industry. The ideas behind online casinos are simple, if players can play online from their homes. It would be more rewarding as there is less customer cost tied to online casino as opposed to conventional casinos that may consist of multiple costs – Travel and transportation, lodging and accommodation, etc.
A new concept of online casino requires also a new marketing and business strategy. One of the casino strategies is to offer high bonuses for each first deposit that was made – High First Deposit Bonus. In laymen terms, for every dollar of first deposit made by any player, a subsequent percentage of that dollar is given as bonus to the player’s chips. For example, the casino offers 50% first deposit bonus to the players. Therefore a player that brings in $100 first deposit would get a first deposit bonus of $50, totaling the chips in his account to $150. Attractive isn’t it?
The purpose of this strategy is to draw in players by promoting or enhancing the gambling capabilities of players. For example, for a player with $100 that does not feel that his/her mere $100 is worth playing on the online casino would be convinced otherwise by a high first deposit bonus of 100% (example). Now with the same mere $100, the player can get $200 worth chips to start at so it makes playing on online casinos attractive.
However, the online casinos may set a limit of the first deposit as means of guarding their own interest. For example, a first deposit bonus of 100% comes with a $500 first deposit limit. So any players that wish to seize this rewarding opportunity can only introduce a maximum first deposit of $500 and thus a maximum bonus of $500, totaling his account with $1000.
The average bonus for first deposits is around 100% rate – meaning for every dollar you sign up in the casino account, you get a dollar extra. But there are much higher first deposit bonuses payable for other online casinos, some as high as 300% or triple times the amount you cash-in and on top of that you get a free bonus amount of chips. Take a look at the casinos below:
Challenge Casino provides $1000 free bonus and Triple (300%) bonus on first deposits.
Aztec Riches Casino provides $850 free bonus and Triple (300%) bonus on first deposits.
Lucky Nugget Casino provides $1000 free bonus and Quadruple (400%) bonus on first deposits.
The main advantage of high first deposit bonus casinos is: It provides players with a large sum of starting chips to play with. However, big playing capacity does not necessarily generate big returns or winnings. They could end up losing all their chips much faster.
To fully utilize and maximize the advantages behind a high first deposit bonus, keep the safety basics in mind.
Back to basics:
Set the maximum ceiling for losses. Do not play beyond your limits.
Set the minimum ceiling for winnings. Keep these winnings aside once you’ve achieved it, or you’ll end up losing all your winnings anyway. Do not follow the all or nothing rule – that does not apply to safe playing.
Casino games are highly dependent on chance. Skills could only take up a maximum of 10% or less of the game.
Good Luck!
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