Multi-Stage Online Casino BonusesBy: Rick Balding, Monday April 6th 2009
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Online players really shop for welcome bonuses. It is not every now and then that they head for a different online casino, so when they do that they want to make the best of it. In order to cater to this demand and to try and capture the players who are either new players or are looking for a change, the welcome bonuses have grown. Naturally the larger the welcome bonus the larger is the attraction for the player. But this poses a risk for the online casino. There is nothing to prevent the player from shifting allegiance after he has availed of the huge attractive bonus. In that case the online casino will part with the bonus and not get the player.
Online casinos have found a way out of this dilemma. They offer the large bonus in stages. This is the concept of the multi-stage online casino bonus. The entire bonus is not given on the first deposit made by the player. It is split over a number of subsequent deposits as well. This means that the player has to spend a longer time at the online casino and therefore there is a greater chance of his getting hooked. Thus multi-stage bonuses are less risky for the online casino and hence they can offer larger amounts.
Multi-stage online casino bonuses are good for the players as well. Welcome bonuses are always of the match bonus type. This means that the player has first to make a deposit and then the casino offers a matching bonus. If the casino offers a very large bonus over a single first deposit then the player would have to make a large investment upfront. And not all players can do that or would want to do that. In a multi-stage bonus the player’s investment also gets staggered and that is exactly what he wants. Hence multi-stage online casino bonuses are win-win for both the casino and the players.
The multi-stage welcome bonus offered by Go Casino has become a benchmark for this type of bonus. Go Casino is powered by Vegas Technology. The welcome bonus is a massive $20,000 maximum, spread over 20 deposits. For each of the first 20 deposits Go Casino matches the deposit with a bonus subject to a maximum of $1,000. The details of the bonus are displayed below.
The Rushmore group powered by Real time Gaming was one of the first to offer multi-stage bonuses. Its leading brand Rushmore Casino offers a bonus of $888 over two deposits. Online Vegas Casino offers a total multi-stage welcome bonus of $5,000 spread over 10 deposits. With the intense competition in the online casino industry it is only a matter of time before someone tops the bonus offered by Go Casino.
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