Online casinos nowadays offer a wide range of welcome or sign-up bonuses to new players. This encourages them to register and start gambling at that casino. While the bonuses are a welcome addition to a player's starting bankroll, there are important differences between bonus types which can confuse new players. There are also restrictions and pitfalls which players should be aware of when choosing a bonus offer. However the bonus money does provide a welcome way to play for longer and therefore increases the player's chance of getting that big win. If you read this short article you will find the important facts about online casino bonuses explained in a clear and simple manner.
There are three main types of sign-up or welcome bonuses. As the name implies these are only available to new registrations at that online casino. They are designed to attract new players, and players switching between casinos. The three types are the no-deposit bonus, the deposit match bonus and the free money bonus.
Casinos are in business to make money, and would not stay in business for long if they gave away money for nothing. When a casino gives a bonus its risk management team will impose restrictions and rules on the player to ensure that the bonus does not end up costing the casino a lot of money. In general the more generous the bonus offer appears to be the more likely that there will be restrictions such as maximum payouts and wagering requirements attached in order to protect the casino's interests.
As the no-deposit bonus name implies a bonus is given to the player when he registers at the casino, and the player is not required to make any deposit of his own money, while the free money bonus also gives some free money to the player, but in this case he has to make a minimum deposit.
While the terms of these types of bonus seem quite generous to the player it is likely that the amount of money offered will be relatively low, there will be restrictions on the types of games which can be played, restrictions on how soon you can withdraw your winnings, and how much you can withdraw.
The deposit match bonus is more complicated: for a 100% deposit match bonus the casino will match 100% (that is dollar for dollar) the deposit which the player makes up to a specified limit. As the player is putting in more of his own money these bonuses will often give more money to the player than a no-deposit or free money bonus. The main restriction is likely to be a wagering requirement: the player cannot withdraw his winnings until he has wagered a certain amount of money at the casino.
In all cases it is important to carefully study the terms and conditions of any offer. If you have any questions contact customer services before accepting the offer.
Thursday, June 24, 2010
All You Need To Learn About Casino Bonuses Explained In Clear And Direct Terms
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Online casinos offers huge bonuses, but its always good to choose the best bonuses that works good with your game. Always prioritize your preferences and read every terms and conditions to decide.
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