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Online Casino Bonuses 101
| Posted on February 21, 2019 at 4:51 AM |
You've probably seen that a lot of online casinos advertisements usually offer some sort of bonus or FREE money to get you to begin playing there.
Like most things on the planet, nothing really comes free, so prior to starting claiming this free money and then getting upset that you've been scammed, It is advisable to keep reading and observe how this all works.
First of all, you may ask; why do online casinos even offer this "free" money?
It's part of these marketing and differentiation strategy. In a nutshell, online casinos are generally "skins" of a particular software provider, so actually behind different owner, graphics, licensing etc underneath the bonnet there's little difference between let's say all Playtech powered casinos, or all Microgaming powered ones.
So, if they're mostly exactly the same below the hood, there must be some sort of difference that'll convince one to play at "X" online casino and not "Y ".Besides the graphics, licensing, support and reputation, another solution to pitch to potential players is by providing them with something, in this instance, a bonus.
Having put that from the way, another question you may consider is: OK, so Casino X is offering $5,000 free, maybe I'll subscribe, take my $5,000, play them out and go on to Casino Y.
The solution here is pretty simple as well. To be able to claim bonuses at at an online casino, you will most likely need to produce a deposit, unless it's specifically stated that that you do not, but we'll get compared to that later.
Before we sink to the beef of the several types of bonuses offered at online casinos, here are a few extra terms and points you need to be conscious of, in order to clarify them with an assistance representative before claiming a plus, just so you realize status and what you're claiming.
1. Wagering requirements: Most bonuses have wagering or playthrough requirements, meaning that you might want to play a specific amount before you can withdraw winning from your own account.
An average of wagering requirements are usually between 15 to 40 times, however focus on that which you are needed to wager. In some instances it will be just the bonus times X and in others you will need to wager the bonus + your deposit amount X times. The latter by the way is more common.
Another tidbit you must focus on with regards to wagering requirements is, that for the most part online casinos, if you request a withdrawal before you have completed the wagering requirements, all of your winnings to date is going to be void. Not necessarily fair, but this is reality.
2. Games played: Make sure you browse the T&Cs in this case. Because slots games are usually the absolute most profitable games for online casinos, many bonuses tend to be valid only for slots games. Usually scratch cards and keno will comply with this rule.
In other cases, you will undoubtedly be allowed to play your bonus on all games; however not all games will count 100% towards the playthrough requirements. As an example play on slots will count 100% but roulette is only going to count 30%, meaning you will absolutely need to wager over 3 x more to be able to clear the wagering requirements and withdraw your winnings.
Discover more details �?��?�
Like most things on the planet, nothing really comes free, so prior to starting claiming this free money and then getting upset that you've been scammed, It is advisable to keep reading and observe how this all works.
First of all, you may ask; why do online casinos even offer this "free" money?
It's part of these marketing and differentiation strategy. In a nutshell, online casinos are generally "skins" of a particular software provider, so actually behind different owner, graphics, licensing etc underneath the bonnet there's little difference between let's say all Playtech powered casinos, or all Microgaming powered ones.
So, if they're mostly exactly the same below the hood, there must be some sort of difference that'll convince one to play at "X" online casino and not "Y ".Besides the graphics, licensing, support and reputation, another solution to pitch to potential players is by providing them with something, in this instance, a bonus.
Having put that from the way, another question you may consider is: OK, so Casino X is offering $5,000 free, maybe I'll subscribe, take my $5,000, play them out and go on to Casino Y.
The solution here is pretty simple as well. To be able to claim bonuses at at an online casino, you will most likely need to produce a deposit, unless it's specifically stated that that you do not, but we'll get compared to that later.
Before we sink to the beef of the several types of bonuses offered at online casinos, here are a few extra terms and points you need to be conscious of, in order to clarify them with an assistance representative before claiming a plus, just so you realize status and what you're claiming.
1. Wagering requirements: Most bonuses have wagering or playthrough requirements, meaning that you might want to play a specific amount before you can withdraw winning from your own account.
An average of wagering requirements are usually between 15 to 40 times, however focus on that which you are needed to wager. In some instances it will be just the bonus times X and in others you will need to wager the bonus + your deposit amount X times. The latter by the way is more common.
Another tidbit you must focus on with regards to wagering requirements is, that for the most part online casinos, if you request a withdrawal before you have completed the wagering requirements, all of your winnings to date is going to be void. Not necessarily fair, but this is reality.
2. Games played: Make sure you browse the T&Cs in this case. Because slots games are usually the absolute most profitable games for online casinos, many bonuses tend to be valid only for slots games. Usually scratch cards and keno will comply with this rule.
In other cases, you will undoubtedly be allowed to play your bonus on all games; however not all games will count 100% towards the playthrough requirements. As an example play on slots will count 100% but roulette is only going to count 30%, meaning you will absolutely need to wager over 3 x more to be able to clear the wagering requirements and withdraw your winnings.
Discover more details �?��?�
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