Online casinos are great because you have all the thrills of a real casino without all the hassle. You can play from the comfort of your own home. You don’t have all the lights and sounds to distract you. And, there are tons of games, bonuses, promotions and tournaments to take advantage of. All your favorite casinos games are available like poker, blackjack, roulette, slots, baccarat, craps and more. Another draw is that most online casinos offer better payouts than what you would find on land. Sounds pretty good, right?
There are a few tips you should be aware of before gambling online. Research your local laws before joining an online casino. Make sure it is legal to gamble online where you live and that you are of the legal age. Otherwise, your winnings will be forfeited if they are accepted illegally and you could be prosecuted. Learn the rules and strategies of each game before playing. Don’t waste your real money playing a game for the first time. Do the play for free option to learn everything about that game, then gamble with real money.
Look for licensed casinos from a third party regulator like eCOGRA (eCommerce and Online Gaming Regulation and Assurance). That way, your personal information is secure. Check for reviews of the casino from other gamblers. See what bonuses and promotions are currently being offered. Read the fine print with each bonus to see what kind of wagering requirements there are in the form of playthroughs. It should be noted that match bonuses are usually only allowed to be played on certain games. Test the quality of the website. See if you can play online or if you must download their software to play. Find out the payment options and deposit/withdrawal limits. There should be a variety of different casino payment options. These are just a few of the best tips for a successful and safe online gambling experience.
Sunday, November 14, 2010
Monday, November 8, 2010
Bonus Wagering Requirements
The best thing about playing at an online casino is the bonuses. You won’t get a $20,000 bonus for playing at any land-based casino. But, if you sign up with an online casino like Go Casino, you will get a $20,000 match bonus over the span of your first deposits for joining. It sounds like a great deal, but, as the saying goes, “there is no such thing as a free lunch.”
Online casino bonuses have wagering requirements, usually in the form of playthroughs. In other words, you must play through to a certain amount before you are allowed to withdraw the bonus. It gives you more wagering power as a gambler, but you won’t actually see the free bonus money until you have gambled up to that amount at the casino. It’s a way for the online gambling site to keep you coming back.
Most online casinos put a 15-30 multiplier (x) play through on a free bonus. For example, let’s say the casino is offering a $100 match bonus on a 15x play through. So, if you deposit $100, you will get a $100 match bonus if you play through to $3,000 ($100 deposit + $100 bonus x 15 = $3,000). It doesn’t matter if you win or lose your way to $3,000. It just matters that you have gambled that much at the casino. Bonus wagering requirements like this help weed out the bonus abusers who leave the casino for a new once they receive their bonus. Playthrough requirements commit players to keep gambling.
No-deposit bonuses have no minimum deposit but usually have a higher playthrough, such as 30x. That means you would have to bet all the way to $600 before withdrawing the $20 free no-deposit bonus. Some online gambling sites allow play on only certain games. Many no-deposit bonuses are not eligible on progressive jackpot slots because those are very popular. Other bonuses restrict you from playing certain games and may be limited to table games.
Basically, just read the terms and conditions for each bonus before you accept it. You always have the option of declining a bonus and it may sound ridiculous to refuse free money, but sometimes these bonuses aren’t as free as they first appear. Just like you read the terms and conditions before signing up with a car insurance or cell phone company, read the fine print with any bonus offer before accepting. If you don’t plan on gambling through to that amount, don’t accept the bonus.
Online casino bonuses have wagering requirements, usually in the form of playthroughs. In other words, you must play through to a certain amount before you are allowed to withdraw the bonus. It gives you more wagering power as a gambler, but you won’t actually see the free bonus money until you have gambled up to that amount at the casino. It’s a way for the online gambling site to keep you coming back.
Most online casinos put a 15-30 multiplier (x) play through on a free bonus. For example, let’s say the casino is offering a $100 match bonus on a 15x play through. So, if you deposit $100, you will get a $100 match bonus if you play through to $3,000 ($100 deposit + $100 bonus x 15 = $3,000). It doesn’t matter if you win or lose your way to $3,000. It just matters that you have gambled that much at the casino. Bonus wagering requirements like this help weed out the bonus abusers who leave the casino for a new once they receive their bonus. Playthrough requirements commit players to keep gambling.
No-deposit bonuses have no minimum deposit but usually have a higher playthrough, such as 30x. That means you would have to bet all the way to $600 before withdrawing the $20 free no-deposit bonus. Some online gambling sites allow play on only certain games. Many no-deposit bonuses are not eligible on progressive jackpot slots because those are very popular. Other bonuses restrict you from playing certain games and may be limited to table games.
Basically, just read the terms and conditions for each bonus before you accept it. You always have the option of declining a bonus and it may sound ridiculous to refuse free money, but sometimes these bonuses aren’t as free as they first appear. Just like you read the terms and conditions before signing up with a car insurance or cell phone company, read the fine print with any bonus offer before accepting. If you don’t plan on gambling through to that amount, don’t accept the bonus.
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