A monthly loyalty bonus is a reward bestowed upon active casino members and
it gives them the opportunity play more for less. The casino utilizes monthly
bonuses as a way to maintain its membership, but it also encourages players to
make deposits. You see, most monthly bonuses are match bonuses, meaning that
players are required to fund their real money accounts before being eligible.
Monthly loyalty bonuses operate differently from casino to casino, but
basically, the online operator offers a bonus incentive at the beginning of each
month. Some bonuses are available to be claimed for the duration of the month,
whilst other operators set a specified time limit in which the bonuses are
available. At certain casinos, the value of the monthly bonus is determined by
the amount of money deposited and games played during the course of the previous
month. Either way, there are certain constraints that are prevalent at all
casinos.
The first limitation is that monthly bonuses are never as high as sign-up
bonuses. Whilst some welcome bonuses well exceed 100%, monthly loyalty bonuses
rarely match 100%. The second parameter is the fact that a minimum deposit is
required by casinos before players qualify for loyalty bonuses. Another
limitation, is the amount a player can actually receive in bonuses. Casinos
usually cap the total amount available in loyalties, regardless of the size of
the deposit. The final constraint facing gamers, is the playthrough requirement
imposed on monthly bonuses. Basically, this refers to the number of bets a
player needs to make before the bonus allocation is available for withdrawal.
The requirement is usually set in the region of 10X to 30X the bonus amount, but
can sometimes also include the amount deposited into the equation. It is
therefore imperative that players read the terms and conditions of use before
accepting participation in bonus schemes to avoid disappointment. The terms and
conditions will also highlight if there are restrictions on which games are
eligible for monthly loyalty bonus play.
Usually, monthly loyalty bonuses are allocated
to player accounts immediately once a deposit has been made, but at some
casinos, a monthly bonus or coupon code is issued online or via e-mail which
needs to be entered at the casino cashier before the bonus is allocated.
Monthly Loyalty Bonuses
