Showing posts with label online casino bonus. Show all posts
Showing posts with label online casino bonus. Show all posts

Friday, January 21, 2011

Underneath Online Casino Bonuses

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Now that I've covered the different types of online casino bonuses, I should expose them for what they really are. Sure, they can earn you plenty of money and are usually worth accepting. But, some have too strict of wagering requirements to be worth your time. Let’s say you love to play slots. The online casino has a great welcome bonus but it’s only eligible on table games. Obviously, if you only plan on playing slot games, it isn’t worth accepting. Keep in mind that you have the right to refuse any bonus.

There are other wagering requirements as well, usually in the form of play through. This means that you must play through to a certain amount before being allowed to withdraw the bonus. A $10,000 free welcome bonus over your first few deposits may look swell, but the truth lies underneath. If you want the maximum bonus from this, you may end up having to wager thousands of more dollars than you want to. If you don’t have a big bankroll, it may not be worth it.

You see, most online casinos employ a 15-30 multiplier (x) on a bonus. For example, if you agreed to a $10 match bonus on a 15x play through, you would have to wager at least $300 before a withdrawal. Here’s the formula: $10 deposit + $10 bonus x 15 = $300.
Other types of bonuses have even higher play through requirements. No-deposit bonuses, which offer free money with no deposit, generally have around a 30x play through. For a $10 no-deposit bonus, you would still have to wager $300 (30 x $10) before withdrawing any money. On top of that, no-deposit bonuses are usually limited to tables games and not allowed on progressive jackpots.

In summation, remember that you can refuse any bonus. It may sound crazy to deny free money but they will get you in the end if you can’t afford it. With that in mind, always gamble within your means. Stick to your bankroll and don’t chase your losses. That’s what leads to problem gambling.

Tuesday, November 16, 2010

Types of Online Casino Bonuses

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The best part of playing an online casino is the bonuses. You can usually earn a free cash bonus just for signing up. And, the account is free. However, there are conditions with nearly ever bonus so read everything before agreeing. In some cases, you may not want to accept a bonus. Read the terms and conditions associated with every bonus very carefully to see if it’s worth your while. Below are the different types of bonuses offered at online gambling sites.

The most common type of bonus at online casinos is the match bonus. The casino matches a certain percentage of your deposit. They are generally offered for your first deposit and can be any percentage. It’s pretty easy to find an online casino with a 100% match on your first deposit so go for that. This type of bonus will only be worth up to a certain amount of money and may apply to certain casino games. Sometimes, you can find a casino that is offering an equal or lessor match on your next few deposits, too. For example, Go Casino is offering a $20,000 bonus over the span of your first 10 deposits. This is the kind of welcome bonus you don’t want to miss out on.

Another type is the cashable bonus, where wager requirements must be met before withdrawing the bonus money. This bonus money is added on to your casino winnings. A sticky bonus may not be withdrawn but any winnings from playing the sticky can. A cash back bonus is the best type of bonus and, not surprisingly, the rarest offered. A cash back bonus is given after a loss. Part of your stake is returned to your account, sometimes as much as 20% each week. In other words, you would get 20% of your losses back for the week. Sounds like a pretty good deal, right?

Thursday, October 21, 2010

Online Casino Tips for Beginners

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Online casinos have all the bells and whistles of a brick and mortar casino, yet none of the distractions and waiting in line. So why not gamble online from the comfort of your home? All the most popular casino games like blackjack, roulette, poker, slot machines, baccarat, craps and more are available. You can practice for free without risking any money. And, you get free bonus money for signing up with an online casino. Sounds easy, right? Well, if you’re a beginner, it can get intimidating. Here are some tips to safeguard yourself.

Know your local laws. Make sure it is legal to gamble online where you live and that you are of legal age to do so. Learn the rules and strategies of each game before playing them. It doesn’t matter if you’ve played and won the game before. There is such a thing as beginner’s luck. Trust me when I say that you need strategy to win a game consistently. Make sure the online casino is licensed and find unbiased reviews of the online gambling site. A simple Internet search can help you find some quality reviews. If the online casino is licensed, your personal information is safe.

Next, see what kind of bonuses and promotions are currently being offered and look up the past ones, usually on the tournament page. There will be strings attached except for certain no-deposit bonuses so read the fine print. Some bonuses may only apply to specific games. While you’re doing that, test the streaming quality of the website. Can you play online or do you have to download their software? Try out some games if a free play option is available. Most online casinos offer that. Find out what they accept as payment options and check the deposit/withdrawal limits. Test the customer support with a simple question to see if it really is 24/7 and if they are courteous and respectful of your needs. Last but not least, remember that gambling is a source of entertainment. If you lose too much and it becomes stressful, it’s time to stop.

Wednesday, June 16, 2010

Choosing the Right Online Casino

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Choosing the right online casino is like choosing a fine wine. It can look good on the outside, but once you get in and taste it, you could be unpleasantly surprised. There are a number of things to consider before signing up so get your pen and paper ready.

First, look at the selection of games available on the website. Do they suit your interests? If you like to play card games, you might not necessarily care that they have 100 different slot machines to play. Instead, look for a wide range of poker games. Test out the streaming quality of the website. Make sure it offers 24/7 customer service. Most websites offer this in case you encounter problems with software loading, payments or withdrawals. Shop around for the best welcome bonuses. Some get up to the thousands depending on how many deposit matches are available. Other types of bonuses may come on your birthday, holidays or participation in tournaments. Most online casino games offer better payouts than land-based casinos so check on those as well. Do they offer free play for practice as well as playing with real money? Are there classes offering free games and tutorials on how to play? These are especially important for beginners who need practice.

Above all else, make sure the online casino is a licensed operator. Check for symbols from third party auditors like eCOGRA (eCommerce and Online Gaming Regulation and Assurance) and TST (Technical Systems Testing). When you make payments and withdrawals, you can link up your bank account to the online casino. Be careful of identity theft by making sure your credit card and banking information is kept on a secured server. If you don’t find anything on the website that says it is licensed, it could be a fraud. Rogue online casinos have become a serious issue. Do an internet search on the casino and get some reviews on it. Some illegitimate casinos share content so copy a paragraph from the website and paste it into an internet search engine. If you find the exact same content on other websites, steer clear. Are the terms and conditions clear? Don’t fall prey to a hidden agenda on bonuses like wagering requirements.