Online Casino Bonus: Guide to the online casino bonuses
The online casino bonus - sought by many but
understood by few, we present you this guide to the online casino
bonuses. Sure, everyone who has any intentions of gambling online will
look at the bonus offered by the online casinos first and foremost. At
the end, we all love getting free money, even if on the back of your
head you realize that the free money will come with some strings
attached. The online casino bonus is not a bad thing, not by a long
shot, but only when you know the various types of bonuses you can
actually take full advantage of the online casino bonuses. The bonus is
actually one of the strong suites held by the online casinos when they
compete with the land-based gambling operations. When was the last time
you entered a land casino to be handed $500 match up bonus to play
around?
Currently, every online casino under the sun is offering
a bonus for new players and all of the good ones do offer ongoing bonuses for
existing customers. But bare in mind that not all bonus offers are created equal
and just because you have read the terms and conditions of the bonus at one
online casino they'd be the same at the next. In this online casino bonus guide
you will learn what to look for in a casino bonus, what to avoid and when to
take the bonuses offered by the online casinos of your choice.
Online Casino Bonus Requirements: As we mentioned
earlier, every online casino offers a bonus for new players. If you visit the
casino for the first time, you will see the bonus offer, most of which hover
around $500 for new players. And as you might suspect, there are requirements
for the bonus offered by the online casino. To begin with, the online casino
bonus for new players is actually a match-up bonus, not a simple amount bonus,
i.e. the online casino will match-up your first deposit up to the specified
amount, in the above example, $500. So if the online casino has a 100% match-up
up to $500, you have to deposit $500 to get the full bonus; and if you deposit
$150 you will get only $150 bonus. Some online casinos may offer 125% or even
150%, so check to see the actual percentage of your first deposit that will be
given to you as a bonus.
Another very, very important requirement of the online
casino bonus, and sadly the most overlooked by players, is the wagering
requirement. If the online casino simply gave you a match-up bonus - what would
stop you from just withdrawing the bonus and your money and move along? The
play-through (or wagering) requirement. This is another number you should check
with the specific online casino as they all differ from one another. Let's say
that the casino has a 30 times play-though requirement for your bonus. This
means that you will have to wager 30 times the bonus plus your deposit before
you can withdraw your winnings. Keep in mind that the requirement is for
wagering only, not losing or winning that amount. For example, if you place a
$10 bet on the blackjack table and win, then place another $10 bet and lose, you
have wagered $20, even though you have not lost or won anything. Here is the
place to mention that some games do not count towards the wagering requirements,
usually only slots count, sometimes the tables games count as well, but at a
higher wagering requirement. Again, check with the terms and conditions of the
online casino bonus offer with the specific internet casino as it varies widely.
When taking an online casino on its bonus, also make
sure that the bonus itself is indeed available for withdrawal. Some online
casinos will give you the bonus, along with wagering requirements, but at the
end, after you have met the play-through numbers and have submitted a cash-out
request, the amount of the bonus will be subtracted from your winning before you
are paid. We don't like this kind of bonus, although may gamblers do take it
since it increases their bankroll, thus giving them a better chance at winning
big at the online casino. If you think that it's worth it - take the bonus,
although we don't consider this type of bonus offer as a fair one.
Many ongoing bonuses will be made available to you at
the online casinos, once you have taken the first-time bonus. Those will also
carry restrictions, hence check the T&C of the re-up and other bonuses, before
you take advantage. The same rules will apply to the ongoing bonuses as for the
sign-up casino bonus, thus always read the fine print before using. On the same
note, most online casinos offer "comp points" as yet another form of bonus.
Usually for every $1,000 wagered at the online casino the casino will give you
$1 comp point, which are accumulated as you play and you can check out how much
you have by visiting the cashier section of the online casino. Those comp points
could also be a bit tricky - some online casinos treat them as a bonus,
attaching wagering requirements before you can withdraw you comp points, while
other casinos will let you withdraw the right away. Ether way, the comp points
are the epitome of free money so take advantage of them regardless of
requirements.
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