October 5, 2021 9:24 am
You’ve likely seen that most online casino ads typically offer FREE money or some sort of bonus to get you playing there. Like most things on the planet, nothing truly comes free, so before you begin claiming this free cash and afterward getting upset that you’ve been scammed, I recommend you continue reading and see how all this works.
First of all, you might ask; what reason do online casinos offer this “free” money?
It’s essential for their differentiation and marketing strategy. Casinos are by and large “skins” of a, so really behind the graphics different owner, licensing and so forth under the bonnet, there’s very different between all Micro gaming powered casinos, or let’s say Playtech powered ones.
So, in case they are generally something similar below the hood, there should be something that will persuade you to play at “‘y” online casinos and not “X”. Besides reputation, licensing, support, and graphics, one more approach to pitching to potential players is by giving them something, in this case, a bonus.
Having removed that out of the way, the next question you might ask yourself is: If Casino X is offering $5,000 free, perhaps I’ll sign up, take my $5,000, play them out and go on to play at Casino Y.
The answer here is quite simple as well. To claim bonuses at an online casino, you will need to make a deposit, unless it specifies that you don’t.
The following are a couple of terms you ought to know about, so you can clarify them with a support representative before claiming a bonus, to make sure you know where you stand and what you’re claiming.
1. Betting requirements: Most bonuses have betting or play through requirements, meaning that you need to play a certain amount before you can withdraw your winnings from your account. On average betting, requirements are typically between 15 to 40 times but focus on what you are needed to bet. Sometimes it will be only the bonus times X and in others, you should bet your deposit amounts X times plus the bonus your store sum X occasions. The last is more common.
Another goody you should focus on concerning betting requirements is, that at most online casinos if you request a withdrawal before you have finished the betting requirements, every one of your winnings to date will be void. Not quite fair, yet this is reality.
2. Games played: Make sure you understand the T&Cs for this situation. Since slots games are the most productive games for online casinos, numerous rewards will in general be substantial just for openings games. Generally, scratch cards and keno will consent to this standard.
In different cases, you will be permitted to play your reward on all games; but not all games will count 100% towards the play through necessities. For instance play on spaces will count 100% yet roulette will just count 30%, implying that you will have to bet more than three times more to clear the betting necessities and pull out your rewards.
3. Minimum deposit requirement: In many cases, to claim a reward you will be required to make a minimum deposit, which varies. It’s normally not more than $50.