bonus explained, how does it work
the past few years the bonus offers have become an
indistinguishable part of the online casinos, but the mystery of
the "free money bonus" remains. While every casino is likely to
have its own bonus terms and conditions, there are general
aspects found at all of them. Here are the basic points of how
the online casino bonus works, what to look for and more. First,
let's begin with the bonus itself.
There are a few online casinos which
would offer free money without any requirements, but those are
usually the ones with the tightest games and the biggest house
advantage, we recommend you avoid them at all costs. Most
reputable online casinos will offer a bonus expressed as a
percentage part of your deposit. For example,
Vegas Casino Online is offering currently a $500
bonus, but this doesn't mean the casino will give you $500 when
you sign up. What the offer denotes that the above mentioned
online casino will match your first deposit money up to $500.
Thus if you deposit just $50, your bonus will be $50, as well.
Another more complex example is
Bodog Casino, which offers 10% bonus on your deposit
without an explicit currency limit, but there is a limit on how
much you can deposit, depending on the method you choose, which
limits the free money you will get at the casino. Other online
casinos offer higher percentage match bonus, such as
Lucky Nugget Casino and their
400% bonus. The bottom line - when you see a bonus offer shown
in real money (i.e. $500) - this is the maximum bonus you can
get from the casino, as a percentage of your first deposit (see
ad banners on this page).
When you decide on an online casino,
keep in mind that every bonus offer has something called "playthrough
requirements". These are requirements which must be met before
your bonus money could turn into real money and you would be
allowed to withdraw them as winnings. Let's match this with an
example. Let's say you decide to play ay Vegas Casino Online and
want to take the maximum bonus of $500 by depositing the same
amount. When this is completed, you will have the total of
$1,000 in your casino account ($500 your deposit + $500 match-up
bonus). You, however, will not be able to withdraw the $1,000.
As per the terms and conditions of the gambling website, in
order to withdraw your bonus, winnings, and deposit amount you
will need to wager 40 times your deposit plus bonus. This is
probably the most important part when it comes to how the online
casino bonus works. In order to withdraw your $1,000 you have to
make wagers totaling $40,000 ($1,000x40). Keep in mind that you
only need to wager that amount - not win or lose that much. If
the online casinos did not have the playthrough requirements in
place, everyone would be able to deposit money, get the bonus
and immediately withdraw double the amount without even playing.
Always check the bonus playthrough requirements, which are
usually located on the casino's bonus page, right after the
Which brings us to the last, but not
least important, part of the online casino bonus - the casino
games which qualify to count towards the wagering requirements.
Certain games at the online casinos count much less towards the
bonus wager requirements than others, mainly due to the
difference in house advantage. Using the same casino as the
example above, wagers in any form of Blackjack, 21, Pontoon or
Video Poker will change your bonus cash out requirements from 40
times to 100 times your deposit plus 100 times the bonus. Wagers
in Craps, Caribbean Hold'em and any form of Baccarat, Roulette
or Sic Bo cannot be applied to these wager requirements.
So when you visit an online casino and
are interested in the bonus it offers, always take the time to
read the conditions of the bonus. Many complaints of online
casinos stem exactly from the fact that people misunderstood the
bonus conditions or simply did not read them. When it was time
to withdraw, the casino would usually hold the amount equal to
the bonus, if the wagering requirements have not been met yet.
If you are unsure - call the casino's customer service and ask
them to further explain the conditions.