Lucky Draw Promotions at Online CasinosBy: Joe Valentino, Tuesday November 24th 2009
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The most common way of offering bonuses is asking the players to make the required deposits or meet other stipulated conditions and they are guaranteed to receive the stated bonuses. Welcome bonuses, reload bonuses and refer a friend bonuses are examples of these. However, prizes offered in the various promotions held at online casinos are also bonuses. These amounts usually cannot be immediately withdrawn. The winners have to fulfill the wagering requirements and meet other bonus terms and conditions.
There are several types of promotions offered at online casinos. Many are linked to online casino tournaments. Some promotions offer bonuses to players who wager the most during a specified. Finally there are lucky draw promotions in which the winners chosen randomly. Online casinos have devised different types of lucky draw promotions so as to create a variety and keep the players interested. The simplest of these is to randomly select players who are logged in and wagering. A promotion of this type named Mega Money Mania was recently extremely popular at All Slots online casino.
Usually players are made to put in a little more effort in order to be eligible for the randomly chosen bonuses. They are required to make a specified deposit and wager on a specified game. Blackjack Ballroom online casino offers lucky draw promotions of this kind every weekend. Players have to make a deposit of 20 credits into their real money casino accounts and have to wager on the game specified. The names of 10 players are drawn from those who meet these requirements and win 100 credits each day of the promotion. Ladbrokes Casino imposes another condition apart from the above two. Players also have to wager their deposit a specified number of times before they can be eligible for the randomly selected lucky draw bonus. Some online casinos hold mini promotions or online tournaments and the winners are entered into the lucky draw.
The time period for lucky draw promotions at online casinos varies considerably. There are promotions like the one at Blackjack Ballroom online casino that are settled in a day. On the other side of the scale there are promotions that run for a month or even more. Usually the longer the promotion period the better are the prizes on offer. The English Harbour group of online casinos regularly holds a monthly sweepstakes. Ten players win $1,000 each. This promotion is slightly different from those described earlier because it allows players to secure multiple tickets to the lucky draw. In this lucky draw promotion an entry can be bought for a specified number of loyalty points that are awarded to the player in the course of normal wagering.
Some lucky draw promotions offer prizes in kind. This offers an advantage in that the prize has no wagering requirements. In a recent promotion Virgin Casino offered entry tickets to a lucky draw to players who availed of specified bonuses. The prizes were Amazon gift vouchers. In this case Virgin Casino had wagering requirements met through the bonuses.
Online casinos are not put at a loss in these lucky draw promotions. Their earnings from the extra wagering that results from the promotion easily exceed the prizes that they offer. There is no such thing as a free lunch. Only in this case someone else pays for the winner's lunch.
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