In order to attract new players, online casinos offer signup bonuses, usually in the form of a $100 match bonus – deposit $100, get $100 bonus. In order to ensure that players keep returning to their site, casinos will also provide loyalty bonuses, generally on a monthly basis. This is usually in the form of a $25 match bonus – deposit $25, get $25.
In order to collect the bonus, a player needs to wager approximately 20 times the bonus amount. For example, a player that deposits $100 and receives a $100 bonus, should wager $2,500 before being able to withdraw the profit and the bonus. A player should be aware that not all games have the same wager requirements attached, and some games do not even count towards cashing out one’s bonus (usually craps and baccarat).
Most casinos will give you the opportunity to withdraw the money you invested, but there are plenty that will not. Be aware. There are some casinos that have a ‘no deposit bonus’, which means you do not have to deposit money in order to qualify for a real money bonus. Unfortunately, there are also some countries whose players are not entitled to bonuses and have stricter wager requirements.
Sign up bonus: a bonus amount that is awarded to a new casino member. The amount will be a percentage of the initial deposit amount, subject to minimum and maximum limits. Bonuses may be paid in a lump sum or in installments.
Loyalty bonus: a discretionary bonus amount paid by the casino to reward members for loyalty. This can be in the form of small random amounts, and also amounts earned through a points system based on raked games.
Wager requirements: a restriction placed upon player bonus amount to prevent bonus abuse. These stipulate that the bonus amount must be wagered a specific amount of times before being received or cashed out.
Instant bonus: a bonus amount that is awarded into your bankroll immediately. Eligibility criteria will need to be fulfilled for the bonus amount to be received. It will be subject to wagering requirements.
Play your own money (till wager requirement fulfilled): A bonus payment method whereby the casinos release a percentage of your bonus amount in installments. Each installment is released when specified wager requirements have been fulfilled.
Games Wager Requirements: Players should be aware that wager requirements are not the same for all games, and depend on the risk level of the game. Games with a low risk level, such as roulette, craps, blackjack and baccarat will have stricter wager requirements, or might not even count towards fulfilling the bonus requirements.
Casino Scalping: Some of the people abuse the casino bonuses by playing only when they have the bonuses. Due to this trend, Casinos started protecting them self by giving a smaller bonuses with higher wager requirement. Due to massive abuse of bonuses from certain countries, some casinos have made higher wager requirements especially for them or even abolish bonus for them.
Game Wager Requirements: Casino gives promotion in order to attract new and old players. these promotions are usually deposit matched bonuses (i.e. deposit 100$ get another 100$). I order to collect the bonus a player should wager a quota about 25x times the bonus. For example: player who deposit 100$ and got 100$ bonus should wager 2500$ before he could withdrawal the profit and the bonus. One should know that not all games have the same value towards fulfilling your wager requirements, and some of the games don’t count at all(usually Craps Roulette, and Baccart). The chart below helps you compare wager requirement versus games. Remember, low risk games equal to big wager requirements.
Restricted Countries: Most of the casinos limit entrance of players from certain countries. This is done due to several reasons: Some of the countries prohibit there citizens to play online gambling. Those countries could also prosecute the casinos them self. I order to avoid that, casino exclude those country players. Some of the countries have reputation of having many abusive players. Casino as a profitable business reduce this risk by prevent there players from gambling on there site. Example of countries who prohibit online gambling: USA, ISRAEL TBD Example of countries who has many abusive players reputation: Denmark, ISRAEL, China
Bonus terms & Condition: To minimize the risk of abusing the bonus, the casino tries to encourage players to take multiply bonuses. And thus, each promotion is available only once per player. The identity of a player will be determined on the basis of all or any combination of the following: name, mailing address, e-mail address, IP address, credit/debit/charge card number, computer, and any other forms of identification which may be required.
