Introduction To Sportsbooks And Sports Betting
If you have ever considered playing at an online casino, you should be aware that most of them offer cash bonuses as an incentive to play. While there are some generous offers out there today, being made, it is very important that you understand how casino bonuses work and understand the terms and conditions of the offer.
No Deposit Bonus
Some online casinos offer players free cash with no deposit required. This can be a great way to start playing and getting a feel for the games at an online casino, but pay attention to the full terms of the no deposit bonus. In some cases, the casino will ask you to register a credit card to claim the free cash. This doesn't mean they are trying to steal funds from your card. There are reputable casinos that do this as a security measure to avoid bonus abuse and players claiming multiple accounts. This also gives the casino a better chance of weeding out bonus hunters from more serious players. At the same time, be wary of rogue casinos and do your homework before you sign up and play at any casino. Some casinos require you to make a small deposit to cash out your winnings from no deposit offers. Some online casinos also require players to make a small deposit before cashing out winnings from no deposit offers, again due to bonus abuse from other players. Wagering requirements and gaming restrictions often apply to this type of bonus.
Cashable Matching Deposit Bonus
Many internet casinos offer a percentage match bonus when players make a deposit. This is pretty self-explanatory – for a 200% bonus, for example, you would deposit $100 and the casino would add another $200 to your account. These bonuses usually range from 10-250% or more. This type of bonus almost always requires players to wager via deposit and bonus multiple times and usually only certain games count towards the wagering requirements.
Sticky Bonus
Sticky bonuses are just that - they can never be cashed out. This may sound like a bad deal at first, but it can actually be a big deal for a player. You can use the “money" from the bonus account to bet as much as you like. Although the bonus itself remains deposited into your casino account, you will have more money available in your account to bet longer with more the chance to hit a big jackpot or build up some nice winnings at table games like blackjack.We've seen some online casinos offer pretty generous sticky bonuses, in some cases over $300 and more.
Wagering Requirements
Wagering requirements can be rather high at many online casinos today. Some casinos require you to wager 20 times the amount of your deposit and bonus or more before cashing out. There are times when you only need to wager your deposit and bonus once before cashing it out at an online casino! Due to the high costs of these types of promotions and abuse of bonuses, wagering requirements have been raised significantly at almost all online casinos.
Note that in some cases sticky bonuses do not carry wagering requirements – this can be a big problem if you come across this type of promotion.
Game Limits
In many cases, only certain games count towards the wagering requirements of a bonus offer. It is common to see Slot games count towards wagering requirements. Games like Blackjack and Roulette are often excluded from wagering requirements.
Always, ALWAYS read the bonus terms and conditions.
You have downloaded the software, you have registered and created your account and logged in. You've made a deposit and you're ready to play. But do you really know what you're getting into? As you can see, there are many different types of bonuses and you need to be aware of wagering requirements, game limits and other terms and conditions when you play. Some online casinos will simply tell you that you need to do so, but in some cases, your winnings may be forfeited if you do not follow the terms of the promotion to the letter. So, unless you're just there for a good time and don't care about your winnings, knowing the terms and conditions of the bonus offer is essential. If you are comfortable with a particular casino and its promotional bonus offers, you might also claim free cash. If you're going to play anyway, you might as well accept the offer of free money.
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