Latest Trends in Multi Currency Bonuses

When the wagering at an online casino was done in a single currency the issue of bonuses was simple. The casino did not have to decide how to handle bonuses in different currencies. But as online casinos began to cater to a more wide spread customer base, they had to offer wagering in different currencies. Then the above mentioned issue about bonuses became important. The casinos had to choose between having numerically same bonuses in different currencies and equating the real value of the bonuses by taking into account the exchange rate between different currencies.

The initial trend was having bonuses of equal real values. The common currencies that most multi currency online casinos offer are the US Dollar (USD), the Euro (EUR) and the British Pound (GBP). Since the EUR and the GBP are higher in value than the USD, larger bonuses are offered in USD in order to maintain equality of real value. Since 100 USD are equal to 70 EUR and 60 GBP the bonuses typically offered could be 100 USD for those wagering in USD, 70 EUR for those wagering in EUR and 60 GBP for those wagering in GBP. Many online casinos do not differentiate between EUR and GBP and offer identical bonuses in these two currencies because the exchange rate difference is not that significant.   

However, this is changing. The current trend is to offer the same numerical bonuses whatever the wagering currency may be. The philosophy behind this is something like this. The person who is wagering 1 credit in USD is wagering a lower real value amount than the person who is wagering 1 credit in EUR. Therefore it is not fair to give him a bonus that is equated in real value. The latest trend in offering bonuses would typically be 100 USD for those wagering in USD, 100 EUR for those wagering in EUR and 100 GBP for those wagering in GBP.

One online casino that follows this method of deciding bonuses in different currencies is Play United. Play United is a multi lingual and multi currency online casino. The software is offered in 18 languages and players are allowed to wager in EUR, GBP and USD. The casino is powered by Playtech and is licensed in the jurisdiction of the Kahnawake Gaming Commission. Its Random Number Generator is certified by Technical Systems Testing.

Play United offers a number of bonuses. In each of the bonuses the amounts are numerically equal. Its welcome bonus of 750 credits is offered over four deposits. The players are offered 100% of their first deposit as bonus subject to a limit of 150 USD/EUR/GBP. The players are offered 25% of their second deposit as bonus subject to a limit of 150 USD/EUR/GBP. The players are offered 50% of their third deposit as bonus subject to a limit of 250 USD/EUR/GBP. The players are offered 100% of their fourth deposit as bonus subject to a limit of 200 USD/EUR/GBP. In this manner a player wagering in USD can get a maximum welcome bonus of 750 USD, a player wagering in EUR can get a maximum welcome bonus of 750 EUR and a player wagering in GBP can get a maximum welcome bonus of 750 GBP. High rollers have a special welcome bonus. Players who make a deposit of 1,000 USD/EUR/GBP or more get a bonus of 500 USD/EUR/GBP respectively. Players can also avail of reload bonuses up to 1,200 USD/EUR/GBP in the full year.

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