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Online Casino Bonus Guide
Casino Bonus Guide Articles
Almost all online casinos give some kind of bonus to their players. There are many types of bonus: sign up bonus, cash back bonus, loyalty bonus, and many more. Given the great number of bonus variations, each one with their own rules, it's a good idea to know exactly what casinos are giving you to avoid complications. We publish some articles in this section to help you better understand all casino bonus rules and implications.
Casino Bonus - Good or Bad Thing?
Posted by: SharpGambler on Fri, 13 April 2007 14:49:30 (167 Reads)
Almost every online casino offer bonuses to new players. Understanding the implications of playing with these bonuses is crucial if you want to win money and to avoid problems when the time to withdraw arrives.
Competition amongst online casinos is large, so it is very common to see new player bonus offers from online casino properties. Understanding what they are offering you, and what requirements they impose you is crucial to avoid problems when you win.
First of all, you must understand that new player bonus offers is a way of catching players and the money is not offered for nothing, but for you to play. So, opening a new account with a casino that offers you a 100% match bonus, depositing 100€ and withdrawing 200€ the second after they credit the bonus on your account is something that is NOT POSSIBLE at all. Casinos are not stupid. They offer you a bonus, but they require a chance to recover the money. Otherwise, no one would play, and online casinos would end up without the money offered.
An online casino offers you money and impose some conditions like a minimum level of play, let's say 20X play through requirement. So, if you deposit 100€ and they match you with another 100€ free, you will have to make at least 4000€ (200 X 20) in total wagers before you can withdraw any winnings. The playthrough requirement on the bonus offer is fair in the sense that the money offered was for you to play and not for you to withdraw on the second after you have received it. It does not mean that you cannot win. You can. And any serious business will pay your winnings without any problems. It does mean that you will have to meet the requirements on the bonus before you can win.
What is really important in the player perspective is to evaluate if the casino bonus conditions are fair and if they are of interest for you. A playthrough requirement of 20x may be fair but a playthrough requirement of 200X is certainly bad for you. You should always read through the bonus terms and conditions to check all the requirements. There are online casinos with very simple requirements regarding bonus offers but there are other that can be more tricky or complicated.
Examples of commonly found requirements are:
- play through requirements
- game exclusions
- maximum winnings
- minimum withdrawal
- bonus money returned on withdrawal
There are many requirements that you can find at online casinos. If you want to play without any requirements of play through and game exclusions, then the best thing to do is to play without any bonus. If you like a little money boost, then play with the casino bonus but read the requirements before. If your strategy is to play blackjack but the casino excludes blackjack from the play through requirements maybe you will be better without the bonus. If you are a slot player then most bonus will apply to you.
I have played a lot of times with bonus, and in most cases I wanted to withdraw winnings, the play through requirements did not work like a real restriction because at that time I had my play through requirements more than satisfied. So, casino bonus can be a good or a bad thing, it depends on you. The key here is to read bonus terms and conditions carefully and to evaluate how they mix with your play strategy.
Note :
Online casinos offer bonuses to new players. Understanding the implications of playing with these bonuses is crucial to avoid problems.
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