Best Online Casino Promotions & Casino Bonus Codes

Posts Tagged ‘casino deposit bonuses’

All of you know I am smitten with online casino games. The first thing that attracted me to online casinos was the fabulous bonuses on offer. Of course, I am no sucker and was very cautious when I saw the 100 % and 300% sign-up promotions. Soon I realized that it better to  understand the way bonuses work at the online casino and use it to my advantage.

My first lesson was that there is nothing “for free.” A free sign-up bonus is not money that you can cash right away. There is a pre-condition: a player has to place a minimum amount as wager on online casino games, before accessing the “free bonus.” As very few people are lucky enough to win large amounts of money, the amount wagered eats into the free online casino bonus.  Remember, not one of the myriad online casino bonuses offer any player a free money bonus that can be withdrawn straightaway.

The more you play, the more you are likely to win. So all online casino games will carry a playthrough requirement to “hold” you to the game. Let us say you opt for an online casino bonus amount of $ 100. Online casino bonuses always specify that you should play through a multiple of this amount, to win it. If 3x is the multiple given, you have to wager $ 3000.  The average win-lose ratio will allow you to wager this requirement without exceeding the $ 100 free online casino bonus.  But in effect, you would be left with less — say, just $ 60 of the original bonus which you can withdraw. Remember, if you are the lucky one you may even get to withdraw a very large amount of winnings.

The casino house edge or the ‘hold’ is a term arising out of this scenario. Due to the exacting requirements imposed on players, online casinos will always stand to gain 2 -3% more. This money is also used to pay the big winners. Unless this is done, the casino business cannot thrive and players cannot compete for huge wins.  A good online casino will not let greed overtake business sense and fleece its customers.  Remember, it is better to read the terms and conditions to check if the odds are stacked heavily against you. If so, move on to another online casino with better offers.

When it comes to offers, nothing can beat online casinos. Readers often ask me to simplify and explain the jargon. Let us start with the ‘free no-deposit bonus.’ Now, this is nothing but a clever ploy to get you to download the online casino software and try your luck. Of course you do receive anything between $5 and $25 in free money. But only the naïve would assume, the money is there for the asking. Play through stipulations and minimum wagering requirements mock the usage of the term ‘free.’ As for bonus, that is the very least casinos can give you, considering the business you generated.

Then comes the sign-up bonus. Most online casinos announce a 50% - 600% deposit bonus. That is, if you deposit X amount, you will get an additional Y amount to play with. This is the form of match bonus and percentage bonus. When an  online casino matches every dollar deposit with a dollar, it is dubbed a 100% welcome/sign-up/ or new player “match”  bonus. A 50% match bonus would mean every dollar you deposit would get 50 cents as the online casino bonus.

To keep you at their site, many online casinos offer loyalty and reload bonuses as well. These are on-going benefits and often take the shape of programs where you earn points as you play. These points are converted into a cash bonus after you reach a certain amount. For customers who have wagered a lot, it morphs into a VIP programme with additional incentives.

An online casino –either to save banking expenditure or to adhere to software functionalities –may want players to use a specific deposit route. So it offers a “preferred deposit” bonus. This online casino bonus ranges between 5% and 15%.  Watch out for the “up to” phraseology though. If an online casino promises a preferred deposit bonus of up to $ 3,000, it does not mean you earn 15% by depositing $3000.  It means the online casino’s high-end limit of  15% bonus  equates to $3,000. Which means to receive that bonus, you have to deposit $ 20,000.

So while offers are galore, so is the fine-print. Be sure you understand this before you grab those offers.

Bonus offers on online casinos, is the prime reason for the extensive fame and attractiveness of online casinos, all around the world. Tremendous bonus offers is great opportunity for those gamblers who like to play with the ‘house money’. To brush up your knowledge on various bonus offers, I would like to throw some light on them.

On opening an account on the online casino, the casino welcomes you with a signup bonus. You can use this signup bonus amount to trigger your gambling experience on online casinos. Your signup bonus amount is calculated based on the percentage of your deposit amount. However, there is one critical aspect to bear in mind that you cannot cash out signup bonuses, until you meet certain minimum wagering requirements. The bonus percentage ratios and wagering requirements to credit the signup bonuses, differ from one casino site to other. A thorough reading of the bonus terms and conditions is very imperative to avoid any sort of misunderstandings.

No- deposit bonuses hold the matchless thrill for all the newbie’s on online casinos. Free online casinos offer free chips to place free bets and win free bonuses. No- deposit bonuses are a fun way to grab the true fun on online casinos, without risking your real money. No- deposit bonuses are a great way to begin your gambling experience on online casinos. But, remember that you cannot cash out the no-deposit bonuses, unless you open a real money account with the online casino.

Referral bonus is indeed a quick and easy way of making money on online casinos. Just refer a friend of yours to the online casino that you are gambling on and grab the enormous bonus. You can avail this bonus, only if some of your friend signs up and opens an account on the particular online casino.

Certain online casinos have sticky bonus offers attached to the popular table games, such as, blackjack, roulette and craps. You can wager as many times as you want to with these sticky bonuses. You cannot withdraw the sticky bonuses as cash. You can only use sticky bonuses to place bets. This is another way to enjoy gambling with the ‘house money’.

Online casinos dose not leave your hands empty, even if you lose. ‘Cash back bonuses’ retrieve a percentage of your loss, back to your account. So don’t lose heart even if you end up as a loser, because you have not lost everything. You are not entitled to this bonus offer, if you turn out to be a winner.

Grab these massive bonus offers and have an exciting trip to gambling online. But, before that, make a point to check out the wagering requirements and percentage ratios of the bonuses, to avoid any sort of mess.