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Understanding online casino bonuses

understanding online casino bonuses

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There are several considerations a player needs to make before taking advantage of a promotion:. The wagering requirement of each online casino varies.

However, it primarily pertains to the number of times a player needs to wager the bonus amount or wager deposit money and the bonus amount before withdrawing any actual winnings.

The usual wagering requirement followed by most online casinos is The player needs to wager the bonus amount plus deposit 35 times before he can withdraw any of his winnings.

Different online casino games contribute a certain percentage to the wagering requirement. Usually, slot machines offer a higher wagering percentage than table games such as poker.

A player needs to understand that in any online casino, the house will always have an advantage over the player. The higher the house edge on the game you are playing, the longer you will have to play and the more you will need to spend before you can expect any real money earnings.

These are the fundamental considerations for every online casino player looking at the option to claim a William Hill casino offer.

While they are indeed attractive, understanding the mechanics is the best way for them to work to your advantage. Whether promotions and bonuses are worth it, the risk depends mostly on how the player wants to approach the wagering situation.

The wagering requirement dictates whether you will need to spend more than what you have intended to before you can get your deposit back. One strategy is to play games where there is a lower house edge.

Table games like blackjack and poker are excellent choices. Your next step is to choose a promotion with low wagering requirements.

It may not always be easy to come by, but new players have a variety of options available to them. These usually come with higher wagering requirements.

Beginners should opt for low-value bonuses with easy to meet wagering requirements. Online casinos want players to spend more money and more time winning back their deposits.

Through these bonuses and offers, players are not only encouraged to join and bet real money, but they are also lured in to become loyal players.

That to me is too prohibitive. In some instances, even if you make the WR, when you come to cashout there is a maximum amount allowed and sometimes the bonus initially awarded is removed from the winnings.

Are you starting to get the picture? It's a minefield and the bonus is designed to try and make sure the player cannot leave with a profit.

That's not to say it's impossible, just that the odds are stacked heavily against you. If you ever come across a "no deposit" bonus, the same sort of things apply.

Although it intimates that you don't need to deposit any money to get the award, and that is the case, it often doesn't make clear that if you win, you will in some instances have to make a deposit to verify your identity.

In some cases, the casinos even make you play with your deposit with a 1x token WR to satisfy money laundering requirements. One final thing to watch out for.

If the bonus rstricts you to certain types of game and precludes others, and you place even one small bet on a precluded game, your winnings will be forfeited.

It might sound harsh, but there is a good reason. Once they had a big amount, they would go to a game included in the WR terms and grind through the required WR.

Obviously this was easier because they had a much bigger bankroll, but the casinos got wise to that and invariably now, any casino bonus will have this forfeiture term.

Personally, I think there are very few pros unless you are lucky enough to find a bonus that has a low WR. Remember, if it looks too good to be true it probably is and some rogue casinos lie outright about bonus requirements to make them seem very attractive and to encourage you to deposit.

But if it's a casino brand you already know and trust, then go for it - you never know. Where I do take a casino bonus it's when I play slots and I have money to burn.

What it does do is give me a longer session, so I go into these with the attitude that I am looking for an hour's entertainment and am prepared to lose my deposit.

What some casinos refer to as a "casual gambler" as opposed to a profiteer. More recently, I even profer an opinion that the signup bonus is useless to a player in In online casino lists app I have included the initial bonus amounts for completion purposes.

You will normally find them high but not unduly so at the more trustworthy casinos. Check out the other articles in the online casino guide for more assistance in playing at the right places, irresepctive of whether you play with a bonus or not!

One of the least understood areas for new players - and the cause of most disputes - is the casino Signup Bonus. It's not quite as simple as free money!

This article explains what you should know before you take a bonus award from a casino. A for players taking their first steps with online casinos.

How to pick the right online casino, spot trust factors, how to deposit and more importantly, how do you cashout when you win!

Just how fair are the games you find in online casinos?

The first thing to be aware of before considering a bonus or promotion are the rules set by the online casino operator. In this regard, reading the fine print does pay off.

There are several considerations a player needs to make before taking advantage of a promotion:. The wagering requirement of each online casino varies.

However, it primarily pertains to the number of times a player needs to wager the bonus amount or wager deposit money and the bonus amount before withdrawing any actual winnings.

The usual wagering requirement followed by most online casinos is The player needs to wager the bonus amount plus deposit 35 times before he can withdraw any of his winnings.

Different online casino games contribute a certain percentage to the wagering requirement. Usually, slot machines offer a higher wagering percentage than table games such as poker.

A player needs to understand that in any online casino, the house will always have an advantage over the player.

The higher the house edge on the game you are playing, the longer you will have to play and the more you will need to spend before you can expect any real money earnings.

These are the fundamental considerations for every online casino player looking at the option to claim a William Hill casino offer.

While they are indeed attractive, understanding the mechanics is the best way for them to work to your advantage. Whether promotions and bonuses are worth it, the risk depends mostly on how the player wants to approach the wagering situation.

The wagering requirement dictates whether you will need to spend more than what you have intended to before you can get your deposit back. One strategy is to play games where there is a lower house edge.

Table games like blackjack and poker are excellent choices. Your next step is to choose a promotion with low wagering requirements.

It may not always be easy to come by, but new players have a variety of options available to them. These usually come with higher wagering requirements.

Beginners should opt for low-value bonuses with easy to meet wagering requirements. I have little sympathy with a casino who uses the bonus as a marketing tool and doesn't fully explain - and make obvious- the restrictions.

Conversely, I have little sympathy with a player that is going in to try and get some free cash on a freebie. This is why I hate casino bonuses.

They are the bain of this industry. I think that before getting into the pros and cons of a signup bonus, I should recognise that a Loyalty Bonus is a different beast to a Signup Bonus.

Loyalty bonuses will usually have less retsrictions because you will be receiving those after you have been verified and ID'ed and are "known" to the casino.

The loyalty bonuses are often worth having, but will be much better for those players who have demonstrated that they are legitimate, fair and trustworthy.

This article deals primarily with signup bonuses - please bear that in mind! Always best to start with the negatives just so you know what you are getting yourself into when you accept casino signup bonuses.

Whatever the bonus is, it will have a thing called a Wagering Requirement "WR" attached. In the old days, these used to be quite reasonable: Because of fraud and the fact so many players just came in to profit and then left never to be seen again, the WR's are now huge.

And that's just for games of chance like slots and keno! You will also often find restrictions that place a maximum on each bet you place.

This is to stop a player tring to get lucky on a couple of big bets, then grinding out the WR on small bets. With slots and keno, even 20x is hard to achieve.

The problem with the Wagering Requirement is that it restricts you from cashing out ANY amount if you win before you have staked the Wagering requirement.

This includes even your initial deposit. That to me is too prohibitive. In some instances, even if you make the WR, when you come to cashout there is a maximum amount allowed and sometimes the bonus initially awarded is removed from the winnings.

Are you starting to get the picture? It's a minefield and the bonus is designed to try and make sure the player cannot leave with a profit.

That's not to say it's impossible, just that the odds are stacked heavily against you. If you ever come across a "no deposit" bonus, the same sort of things apply.

Although it intimates that you don't need to deposit any money to get the award, and that is the case, it often doesn't make clear that if you win, you will in some instances have to make a deposit to verify your identity.

In some cases, the casinos even make you play with your deposit with a 1x token WR to satisfy money laundering requirements. One final thing to watch out for.

If the bonus rstricts you to certain types of game and precludes others, and you place even one small bet on a precluded game, your winnings will be forfeited.

It might sound harsh, but there is a good reason.

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