Casino Bonuses - What You Need To Know
By Simon M. Skinner - Jun 24, 2010
You should always study the terms and conditions carefully and make sure you understand each clause. You can ask the casino to email the offer and the clause to you so that you have everything in writing.
There are several things you need to look out for when deciding whether to take a bonus. The different types of bonus have different terms but with all of them the main thing to look for are wager requirements. These can also be called playthrough requirements. This is the amount of money you have to bet in order to claim the bonus offered. Sometimes this is a small amount such as ten times your initial wager but sometimes it can be huge. This means that you might have to deposit five or six hundred dollars to claim a bonus and the winnings associated with it.
No deposit bonuses are a popular way of getting new players to a casino. All you have to do is sign up and open an account and the casino will put some money into your account. These bonuses are usually quite small, around twenty dollars. However there are usually playthrough requirements and look out for maximum wins. For example you may get a no deposit bonus of thirty dollars with a playthrough requirement of twenty times. This means you have to wager six hundred dollars before you can claim any winnings gained from using the bonus money but then you may only be able to claim winnings of twenty dollars.
Match deposit bonuses are very common and some are a good deal. However there can be terms which restrict how you claim the money. Sometimes it is not possible to claim the match amount in one lump sum. With some you will find that you have to make additional deposits and that the money can only be used on certain games.
When playing in online casinos and wagering your money it is always advisable to use caution. There are a lot of review websites with advice on bonuses and game play which can help you avoid the pitfalls. Some also have forums where players write about their experiences so that you can learn a lot from your fellow users.
Online casino bonuses can be a great way to increase your funds if you play smart. However you should always read all the conditions attached to any offer from a casino.
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