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February 22, 2008 - Competition is every online gamblers best friend. Okay, maybe not if you're playing poker against Phil Helmuth Jr., but in the case of online casinos, without competition, none of us would be getting offered the types of generous bonuses and promotions that can oftentimes make the difference in which online casino we choose to call home.

These days, offering a $100 free cash bonus sometimes doesn't cut it for the savvy online gambler. Depending on the wager requirements and game restrictions, a $100 Match Bonus could end up doing you more harm than good. It's all about the terms and conditions of the bonus. It's also about the bonus itself. While the Match and percentage bonuses are the most common, some online casinos, like those in the Casino Rewards group (a leading network of 12 online casinos), are offering quasi percentage bonuses. And players seem to like them very much.

The type of quasi-bonus I am referring to looks something like a no-deposit bonus. But instead of being $10 or less, which true-no deposit bonuses most often are, this bonus gives players a large sum of money to gamble with over a preset time span. Any winnings (not to exceed a particular amount) earned during the timeframe can then be transferred to a real money account, which must then be played through like one would any normal bonus.

In this particular case, Casino Rewards is giving new players $500 to gamble over 1 free hour. Allowing players to transfer up to $200 with only an initial deposit of $20, in a best case scenario this is a 1,000% Bonus, which is basically unheard of the world of online casino gambling. And with only a 30x play-through (which means you must gamble 30x the bonus amount in real money wagers), this is a fantastic bonus. All games contribute to the play-through, with each bet at slots and parlor games counting 100% of every wager, poker, War and Sic Bo counting 50%, video poker, blackjack, craps and baccarat counting 10% and Classic Blackjack and Roulette counting 2%.

If you would like to take advantage of this bonus, Captain Cooks and Casino Classic are two of the most popular sites in the Casino Rewards network. They are powered by Microgaming software and offer one of the largest progressive jackpot networks on the Web. At the time of this news publication, the accumulative jackpot was worth over $8 Million. If you decide to use the welcome bonus, keep in mind that it must be claimed within seven days of opening a real money account, and that you have seven days to meet the play-through once the bonus money has been transferred into your real money account.

Originally published: February, 2008 Categories: Online Casino | Casino Games

 

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