Types Of Online Casino BonusesIf you’ve ever considered playing at an online casino, you should be aware that the vast majority of them offer cash bonuses as an incentive to play. While there are some generous offers out there today, being made, it’s very important that you understand how casino bonuses work and understand the terms and conditions of the offer.The No Deposit BonusSome online casinos offer players free cash with no deposit required. These can be a great way to get started playing and to get a feel for the games at an online casino, but be aware of the complete terms of a no deposit bonus. In some cases the casino will require you to register a credit card to claim the free cash. This doesn’t necessarily mean they are trying to steal funds from your card. There are reputable casinos who do this as a security measure to avoid bonus abuse and players claiming multiple accounts. It also gives the casinos a better chance of weeding out the bonus hunters from more serious players. At the same time, be aware 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 in order to cash out your winnings from a no deposit offer. Some online casinos also require players to make a small deposit before cashing out winnings from a no deposit offer, again due to bonus abuse of other players. Wagering requirements and game restrictions often apply to this type of bonus.The Cashable Matching Deposit BonusMany internet casinos offer a percentage match bonus when players make a deposit. These are pretty self-explanatory – for a 200% bonus, for example, you would deposit $100 and the casino will add another $200 to your account. These bonuses typically range anywhere from 10-250% or more. This type of bonus almost always requires the player to wager through the deposit and bonus a certain number of times and usually only certain games count towards the wagering requirements.The Sticky BonusA sticky bonus is just that – it can never be cashed out. This may sound like a bad deal at first, but actually can be a great deal for a player. You can use the “money” from the bonus account to wager as much as you like. Even though the bonus itself stays put in your casino account, you will have more money available in your account to wager longer with that much more of a chance to hit a big jackpot or build up some good winnings at a table game like blackjack. We have seen some online casinos offer sticky bonuses that have been quite generous, in some cases over $300 and more.Wagering RequirementsWagering requirements can be rather high at many online casinos nowadays. Some casinos require you wager as much 20 times your deposit and bonus amount or more before cashing out. There was a time that you only had to wager through your deposit and bonus once before cashing out at an online casino! Due to the high costs of this type of promotion and bonus abuse, wagering requirements have been raised considerably at virtually all online casinos.Note that in some cases sticky bonuses carry no wagering requirements – this can be a great deal if you come across this type of promotion.Game RestrictionsIn many cases only certain games count towards the wagering requirements of the bonus offer. It’s common to see Slots play count towards the wagering requirements. Games like Blackjack and Roulette are often excluded from the wagering requirements.Always, ALWAYS read bonus terms and conditions.You’ve downloaded the software, you’ve signed up and created your account and logged in. you’ve made your 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 kinds of bonuses and you need to know the wagering requirements, games restrictions and other terms and conditions when you play. Some online casinos will simply tell you that you need to but in some cases your winnings can be forfeited if you do not follow the promotional terms to the letter. So unless you’re only there for a good time and don’t care about your winnings, knowing the terms and conditions of a bonus offer is essential. If you are comfortable with a particular casino and it’s promotional bonus offer, you might as well claim the free cash. If you’re going to play anyway, you might as well accept the free money offer.If you aren’t comfortable with requirements of a bonus offer, pick another casino to play, or consider simply depositing without claiming a bonus. Many online casinos offer better odds and payouts than Native American casinos or even Las Vegas casinos, so often you still are getting a good deal for your money. Also, nothing can compare with the comfort and convenience of gambling at home in your pajamas.
So you are a gambler. What do you look for when you choose an online casino? The best sign up bonus, so do I, it’s in our nature as human beings to hunt for the best bargain.Before you sign up, do you ever stop and think: why is this company offering me EUR500 to play in this particular casino? Are they not worried about losing money?Well, of course, there is the competition between all the casinos, whoever offers the biggest bonus attracts more customers. O. K., so now imagine all the customers who sign up are only in for the free money: the casino is not making any money, or is it?Well the truth is, they are not giving you that money; if you read the small print on the promotions’ terms and conditions, you will find out that in most online casinos, you must wager at least 20 or 30 times the amount of your deposit plus the bonus in order to claim your winnings. So let’s say you find a good deal: you deposit EUR100 and get EUR200 free sign up bonus, that’s EUR300, if you are very lucky you will win but you must gamble at least 20 times x EUR300 = EUR6000 in order to be able to withdraw any amount bigger than your initial deposit.It gets better (for the casino, of course): in most casinos, the games where you would stand a chance to actually win some money (like Poker, Blackjack, Craps, Roulette) do not count towards wagering requirements! So if you think you can win EUR6000 on slots, go ahead, but personally, I would rather blow my money on a nice holiday in the South of France!Still want that free money? Well of course, there is a way to get it, but if you are looking for a quick buck, stop reading this, because you are not going to like it. It takes a good deal of discipline and patience.First you need to find the bonus that is the most attractive and a good winning system. Even though they are the ones that count towards your wagering requirements, you need to avoid slot games at first. Read the “terms and conditions” and check how much money you need to wager in order to withdraw your bonus and the winnings from that bonus (I will call this amount WG to be more practical).When you reach WG (remember you still have contributed 0 towards this wagering requirement), then you need to win some more (the amount you want to withdraw from you account + the amount you need in order to keep a sufficient bankroll on your account, or Cash + Bankroll).When you have done this, you can have some fun : pick your favourite slot game and blow your WG on it (you never know, you might hit the jackpot in the process). Be careful not to get carried away and blow your whole balance, keep counting how much you wager.Now you can withdraw your money (= Cash: this needs to be over your initial deposit, double would be good) and with the Bankroll you have left in your account, reapply your winning system to win some more money.Now, let’s see what the casinos have to say about that!