New online gamers can read this article to discover the key points about casino bonuses explained in a easy to follow manner. The bonus money offered by online casinos to new players (or players switching casinos) gives a good start to your gaming bankroll, and gives a way to play longer and have more fun playing. It also increases the chances of getting the big win which everyone is waiting for. There are however some pitfalls and restrictions, and the different types of bonus can be a bit confusing at first.
Sign-up bonuses, also called welcome bonuses, are only available when registering for the first time at any particular casino. They are aimed at new players, and to encourage experienced players to switch casinos. No-deposit bonuses, free money bonuses and deposit match bonuses are the three main types of welcome bonus.
Casinos have risk management teams which set rules to ensure that bonuses do not end up bankrupting the casino: no business can stay afloat by continually giving money away. Apparently generous bonuses may have quite severe restrictions to protect the interests of the casino. These might include maximum payouts and difficult to meet wagering requirements.
With a no-deposit bonus the player registering at the casino is not required to make a deposit from his own funds, he is given some money by the casino to start gaming with. With a free money bonus the player is also given some money by the casino but he has to make a minimum deposit from his own money.
Since these two offers are quite generous (in terms of the amount of deposit required from the customer) they tend to only offer fairly low amounts of money. They are also likely to come with fairly tight restrictions applying to how much winnings you can withdraw, and how soon you can withdraw it. There will probably also be limitations on the types of games which can be played.
The more complicated of the three sign-up bonus types is the deposit match bonus. The casino will match the money deposited by the player up to some limit. These bonuses often give larger amounts than no-deposit or free money bonuses: since the player is also risking more of his own money. For a deposit match bonus the biggest restriction is likely to be the wagering requirement: the amount which the player must wager before he is allowed to withdraw any winnings.
For all bonuses you should carefully read the bonus terms and conditions, and contact casino customer services if any clarification is needed. Do this before accepting the offer!
Thursday, June 3, 2010
Everything You Need To Learn About Casino Bonuses Explained In Clear And Simple Terms
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