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Multi-Tier Online Casino Bonuses

April 21, 2009

Welcome bonuses are offered by an online casino to attract players to it. The traditional welcome bonuses were limited to the lower end of a few hundred dollars and applicable to the first deposit only. Once the player completed the wagering requirements on this bonus his engagement with the bonus was over and he was free to look at the offers from other online casinos.

Online casinos found a solution to this dilemma through multi-tier online casino bonuses. The multi-tier bonus is offered over a number of deposits. Some times these deposits can stretch on for months or even a year. The online casino is comfortable at offering the benefit over a longer period of time and simultaneously ensuring the player’s loyalty over that longer period. For the player the multi-tier bonus is beneficial because he does not have to make a very large initial deposit. Most online players are recreational players and cannot allocate huge amounts to online wagering. Even if they can they would hesitate to do so. Unless they have tried out the casino they would not like to make large financial commitments. With multi-tier bonuses the player spreads his investment over time.

Two of the online casinos that have very popular multi-tier welcome bonuses are Rushmore Casino and Online Vegas. Rushmore Casino offers a total welcome bonus of $888 that operates over two stages. The first stage offers a bonus of 100% of the deposit subject to a limit of $400. The second stage offers a bonus of 100% of the deposit subject to a limit of $488. This way the player need not make a deposit of $888 up front. He can start with $400 and if he finds that he is not enjoying the experience at the online casino he need not avail of the second installment. It is this aspect that makes the bonus very attractive.

Online Vegas has taken the principle of multi-tier bonuses to new levels by offering a watershed bonus of $5,000. This is offered over ten deposits. The first deposit offers a 100% bonus up to a limit of $500. The next two stages are really good. In the second stage the bonus is 125% of the deposit. A maximum deposit of $300 gives a bonus of $375. In the third stage the bonus is 150% of the deposit. A maximum deposit of $500 gives a bonus of $750. By now the player should be comfortable with the online casino and be willing to make the larger deposits needed for the next stages. The fourth to the ninth stage offer bonuses of 25% of the deposit subject to a limit of $250. The Online Vegas multi-tier welcome bonus ends with a bang. The tenth installment offers a bonus of 200% of the deposit. A maximum deposit of $1,000 yields a bonus of $2,000.

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