Online Casino Bonuses - reading the fine print
by:
Poker Prophet
Just about every ad for an online casino screams with an offer of several kind of "free bonus money". Probably followed by a "click here now!". Spell many an of them are enticing, not enough of them are explained properly. As a player it's too easy at cash-out time to find that you've accidentally profaned the terms and conditions of the bonus. And now there are problems.
The easy way about that scenerio is to read. See the fine print in the Terms and Conditions of the promotion before you do a deposit at the casino.
In the T&C you wish find several things. One is a wagering requirement. No casino just gives you money you can walk away with. They all require players to wager bonus money a certain figure of times before retreating
it. The figure of times varies greatly from casino to casino, so a little bit of buying strength
be in order before you do a deposit at a casino.
Another thing you'll find is a list of excluded games. On several casino games it is possible to do no-risk wagers. Well placed bets on a roulette table, for example, allow a player to wager thousands of dollars on a spin, without ever risking a dime. Because of situations like this, casinos began listing games that would-be not count towards the wagering requirement. Now that list has enlarged to often include games like Video Poker and Blackjack as well. If your favorite game is on the excluded games list, mayhap it is better to pass on the bonus, or even as that casino.
Likewise be aware that sometimes the casino wish just not count play on an "excluded game" towards your wagering requirement. Else times play on an excluded game wish VOID your bonus, and that could be a really unpleasant surprise.
Sometimes casinos have a time requirement built into the terms. Many an casinos only offer a bonus if players do a deposit inside
72 hours of opening an account. That means if you open an account Tues afternoon, but do not deposit until Fri night, you've lost your claim to a bonus.
Withdrawal clauses are likewise really important. Spell most casinos allow you to withdraw any bonus you've earned, several do not. These bonuses are better-known as sticky bonuses, and always remain in your player account at the casino. You can use them to wager with, and you can support any winnings they produce, but the bonus itself remains in your account until it is lost completely.
Here's an example of a sticky bonus in action. I deposit $100, and it is matched with a sticky bonus of $100. So I take $200 to the slots. If I spend $125 in the slots, now I can no longer cash out. I can only wager the last $75 hoping to win. Suppose on my last dollar I hit big on the slots, and win $10,000. Now I can cash out $9,900. The bonus is the last $100 in my account, and it stays there until I lose it.
Every casino has it's own set of rules regarding their bonuses. Before you deposit anywhere, please see over their rules paying attention to the clauses I've mentioned. This way you'll have a nice idea of what they are offering exactly, and whether that offer is actually for you.
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