Since the beginning, online casinos have been involved with bonuses. This is not surprising, as bonuses and promotions are a great way to get new players to your website. However, in the beginning bonuses were a lot better than they are now. trusted online casino malaysia
Sign-up bonuses were much more generous in the early 90’s than they are today. This was because it was a young industry with fewer players and less competition. The actual bonus release requirements were a lot smaller than they are now. It was obvious, as you would expect, that bonuses allowed new players to go to casinos and have a good chance of making a profit.
You could wager as little as a single digit multiplier of the bonus amount in some cases and still be allowed to withdraw the bonus. This is something you would never see today, and it is why many online casino veterans complain that the bonuses are no longer as good. Players were also wary of where their money was going because there was little to no regulation or legislation in this new industry. It was much more common for players to stay with a casino that they feel safe with.
The majority of the changes in the online casino promotion industries are due to bonus collecting players. With the growth of the online casino industry, more casinos entered the market. Self-appointed regulator bodies emerged and the perceptions and visibility increased. More players joined the market and more casinos were created. It opened up more opportunities for players to move from one casino to the next, take the bonuses, and then leave with the money. This also led to an increase in “bonus abuse”, fraudulent activities by players who tried to take more bonuses than the one statutory from a casino using a variety deceptive methods.
Casinos were able to see the betting habits of their players and realized that some people took advantage of bonus situations to make a profit. The player had to do their best to cash out any bonus winnings. While sign-up bonuses are still common, the wagering requirements have increased dramatically. Some would even say that it is almost impossible to choose from the many games available.
Most casinos raised their requirements to solve this problem. Their first major move was to raise their bonus requirements from the current average of 10x to 20x. The amount has now been increased to 30, 40, or 40 times the amount. The sticky bonus is the latest addition by casinos. It cannot be withdrawn regardless of what. This bonus can be wagered in the hope of winning more money but is not considered a real bonus.