The casino bonus system is probably one of the greatest things invented both to bring new customers in and to cause a number of headaches for the online casino industry. The headaches come in the form of scalpers. Scalpers are people who come in, take out the bonuses and simply leave the casino.

This happened so frequently that the casinos were losing a great deal of revenue through casino bonus system however they were unable to discontinue the system because the sign up bonuses are necessary in order to be able to compete and bring in new clients. As a result of this dilemma they came up with a casino bonus system that involves a number of steps that need to be completed in order to be able to receive the bonuses issued by the casino to all incoming clients.

Of course in retaliation the scalpers have also come up with ways of dealing with the casino bonus system. They sign up for the account and the bonus is usually deposited into the online account with the casino. Depending on the casino part of this may be released for immediate withdrawal, sometimes it requires a minimum deposit or you may have to play a certain number of games in order to qualify to have the bonus released.

There are ways to beat the casino bonus system and there are a number of guides, which supply the information that can provide you with the ways to gaining the maximum return on your bonus quickly. There are a few things to be careful of when picking out a guide. Just as with anything on the internet there are fraudulent guides available as well as ones that can provide you with the information that you are looking for.

The trick is to be able to tell the difference between the two. The first is that you are not going to get rich quick any guide that promises you fast money in large quantities is pulling your leg especially if they do not provide proof that they the casino bonus system guide they are offering actually works. You want a guide that is going to provide you with the information you need to learn how to take the casino bonus system and make it work to your advantage and benefit while still meeting the criteria of the casino. These are legitimate techniques to learning how to beat the system.

By: Mike Bunyan

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Back in the late 1990′s when the internet casino industry was still in its infancy, bonuses of $20 to $50 were the norm. Anything approaching $100 was considered a stand out offer. Fast forward to today, and you’ll be hard pressed to find a casino offering less than $100 and some casinos are handing out upwards of $5,000 to new players.

The online casino industry has always been a very competitive one. From 1997 when Intercasino (laying claim to the first casino online) started taking bets to 2000, around 1,500 casinos flooded onto the internet in something akin to a gold rush, and competition for new players was fierce. But the carrots that are now being dangled are a quantum leap from those offered back in the ‘old days’ and a good portion of the increases have occurred in just the last 2 years.

For those uninitiated with the industry, bonuses as the name suggests, are real money contributions made by a casino to a player’s account. They come in many forms and sizes, but the most common is the new player sign up bonus. That is, a player opening a new account with a casino and depositing real money, will have his or her account credited with additional cash following the deposit of their own cash. So if a casino is offering a 100% match bonus capped at $500, for every dollar deposited by the player to $500, the casino will match it dollar for dollar. Some offers are structured to include multiple match bonuses with varying percentage matches for each.

The bonus money is real and belongs to the player, although there are strings attached. In order to prevent players signing up and then immediately withdrawing bonus funds, there are always ‘times wagered’ conditions attached. Usually you will need to turn that cash over 15 or 20 times playing one of the casino’s games before you are eligible to withdraw it.

Currently, a handful of casinos are offering an astronomical $5000 in multiple deposit sign on bonuses. This is a lot of money for any business to hand out to customers as an inducement to try their product, and one has to question whether casinos are reaching a point where their bottom lines are being severely impacted by these promotional strategies.

It also indicates that the industry is having to compete harder than ever before for new players. This is despite the fact that after quickly reaching a saturation point, the number of casinos online has not changed significantly over the last 5 years. So the market is either becoming more discerning, shrinking, or being cannibalized by other gambling options.

One likely contributing factor is the US government’s Unlawful Internet Gambling Enforcement Law. Passed in late 2006, the legislation aim was to prevent US residents from accessing offshore gambling operators by rendering it illegal for payment processors (Mastercard, VISA etc) from facilitating payments from Americans to these operators. While many US players continue to gamble online despite UIGEA, its impact on the world’s online gambling market size must be considerable when you consider that prior to its enactment, Americans comprised half this market.

Whatever the reason, the fact remains – bonus amounts are now at ridiculous levels.

By: Milton Shaw

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