Casino Bonuses – what is the truth behind it?There is a lot of competition in the online gambling market today. Each day, new casinos form, old ones regroup and change owners, and the supply is nearly endless.
When a player is looking to choose in which casino to play, he (or she), has many different factors to consider:
• Do I like the look of the casino?
• Does it have the games I’m interested in?
• Do I know anything about the Casino?
• Did someone recommend it to me?
• Does the customer support efficient and offers around the clock help?
• But most importantly I ask myself – what’s in it for me? What do THEY offer me to play at their casino of all places?
This is where the Bonuses come into play.
You will not find anywhere online a casino that does not offer some sort of bonus.
Some offer first time deposit bonuses, some offer loyalty bonuses, some offer 2nd and 3rd deposit bonuses and some have invented all sort of tricks and treats in order to attract the player to their casino.
We will now try to make a little order in the ever growing world of casino bonuses, and try to explain what they mean.
First deposit bonus:
This is a bonus a player can collect only once, when making the first deposit. Usually it is the biggest bonus he casino offers, and you can find places offering bonuses of up to 1000$.
In order to claim the bonus, you have to deposit a specified amount, usually close to the bonus amount (or sometimes even more), and play with a certain amount of money before you are allowed to cash out.
The standard is between 4 times and 12 times the amount of the bonus or combined bonus + deposit. (For example – if you deposited 100$ and received 100$, you will have to wager at least 800$ (4X(100$+100$)) in order to cash out. This means you can put the 200$ on the roulette, win, put another 400$, win, and now you have played the due 800$ and you can cash out.
Read the fine print in the term & conditions for each offer, there you will see what is the amount needed, and if there are games banned from the bonus play.
Interested in playing a round or two of online poker, are you? If so, be aware that playing poker is not like taking your chances in a slot machine. When playing poker – even though you’re online – you’re not just going against a machine and the cosmic powers alone. No, you’re going against live players yourself, only you can’t see them. And these other poker players are just like you – in the sense that they can just as well scheme, bluff, lie, cheat and intimidate just to win.