The Fine Print Behind Online Gambling Bonus Offers
If you have never opened an account with an online casino, poker room, or sports book you may be wondering if the bonus offers are legitimate. We are all aware of the wisdom in the sayings, "If an offer sounds too good to be true, it probably is" or "There is no such thing as a free lunch". So what's the catch? When a casino offers you $100-$1000 in free money should you dismiss it, assuming that there are all sorts of strict requirements, making it too difficult to achieve the pay-out? The quick answer is no. These offers are for real and in most cases the required terms and conditions to receive the pay-out are typically quite easy to achieve. Some are as simple as making small minimum deposit of $50 to $100. Some require, in addition to minimum deposit, a minimum, but achievable, level of play. How are the online gambling sites able to give away free money and remain in business? The answer is simple. In most cases they get the entire bonus back and more. Casinos live by the odds that all casino games are in their favor and that eventually you'll lose your original deposit and the bonus. Online poker rooms, on the other hand, get the bonus back by taking a rake (usually 5%) of every pot. Let's take a look at the various "free money" offers and the requirements for full cash-out access to the money. The requirements (the catch) are found in the terms and conditions of the bonus offer on the site. No Deposit Required! Some casinos and poker rooms offer free money without any initial deposit requirements. These offers legitimate and you will be able to play at all the real money tables and slots. The typical catch is that you will need to make at least one deposit before the bonus plus any winnings are released. For example, if you receive a $10 bonus and have $50 in winnings from that bonus, you will have to make a small deposit to your account before the $60 is released for withdrawal. First Deposit Bonus. To entice you to deposit real money into an online gambling site, a first deposit bonus is almost always offered. The interesting thing is not that they all do it, but the very wide range of bonuses offered. You'll find one online site offering a 10% bonus while one of its competitors offers 200%. All online gambling sites have a maximum bonus limit. So a site that offers a measly 20% bonus could have their maximum bonus set to $200 (deposit $1000) while the site that offers the whopping 200% bonus could have a maximum bonus set to $100 (deposit $50). Poker Room First Deposit Bonus. The catch for a poker room is that you will have to play a minimum number of raked hands and there may be a time limit. For example, to receive a $50 bonus you may have to play 100 raked hands in 60 days. The raked hand requirement is typically easy to achieve; however some of the very large bonus offers are more difficult. Sometimes these large bonuses are paid in installments. For example, to receive a full $200 bonus the poker room might require 500 raked hands with $20 released every 50 raked hands. If you're new to online poker, don't be discouraged by the number of raked hands required; a typical online table will play 50 to 100 games per hour. Casino First Deposit Bonus. The catch for an online casino is that you will have to wager a required amount before the bonus is released for cash-out. The typical online casino will deposit the bonus into your account soon after you make your initial deposit. Some deposit bonuses are instantly deposited at the same time as your deposit. Some casinos require that you claim your deposit bonus by filling in a simple form. In this case the bonus may not get credited to your account for 1 to 3 days. Even though the deposit bonus has been credited to your account and you can use it to wager, you will not be able to withdraw the bonus portion until you meet the wagering requirements. The wagering requirements typically state that you must wager 10 to 20 times your deposit plus bonus to release the bonus for cash-out. For example, you deposit $50 and receive a $10 bonus. The casino has a wagering requirement of 10 times your deposit plus bonus, which means that you will have to wager $600 (10 x $60) for the $10 bonus to be released for cash-out. Sports Book First Deposit Bonus. The catch for an online sports book is that you will have to wager a required amount before the bonus is released for cash-out. The typical online book will deposit the bonus into your account soon after you make your initial deposit. Some deposit bonuses are instantly deposited at the same time as your deposit. Some books require that you claim your deposit bonus by filling in a simple form or sending an email. Even though the deposit bonus has been credited to your account and you can use it to wager, you will not be able to withdraw the bonus portion until you meet the wagering requirements. The wagering requirements typically state that you must wager 3 times your deposit plus bonus to release the bonus for cash-out. For example, you deposit $100 and receive a $20 bonus. The online sports book has a wagering requirement of 3 times your deposit plus bonus, which means that you will have to wager $360 (3 x $120) for the $20 bonus to be released for cash-out. Reload Bonuses. Reload bonuses are very typical for online sports books, but occasionally you will see them offered in online casinos and poker rooms. The reload bonus simply offers a bonus on deposits made after your initial deposit. The requirements are generally the same as the first deposit bonus requirements. Before making a deposit at an online gambling site, be sure that you understand the requirements for the bonus to be released for cash-out. You may have to drill down a page or two to get the information. If the bonus requirements seem difficult to achieve then consider another gambling site. About The Author Mike Hellmer is a poker enthusiast and the webmaster of Molly''s Poker and Gambling Portal (http://www.mollyspoker.com).
Related News
Miami Beach commission approves resolution opposing casino gambling - MiamiHerald.com
For both sides, Ohio initiatives about jobs - Lebanon Western Star
For both sides, Ohio initiatives about jobsLebanon Western Star, OH -19 hours ago4 will decide whether to allow casino gambling and whether the state should finance conservation of natural open spaces and the environmental revitalization ... |
Science news straight from the source - ScienceBlog.com
Science news straight from the sourceScienceBlog.com, CA -10 hours agoOur Casino is a collaborator network that was formed to meet the needs of the frequent online casino player. Our casino gambling is a great reserve to find ... |
Las Vegas Strip Casino Revenue Falls for Eighth Month (Update1) - Bloomberg
Odds against tourism boost from casino - Pacific Daily News
Odds against tourism boost from casinoPacific Daily News, GU -Oct 11, 2008My home town experienced a similar debate during the 1960s, with gambling proposed as a solution to a sharp decline in tourism. In the end, casino gambling... |
Fighting casino links in US presidential debates - Daily Nation
Fighting casino links in US presidential debatesDaily Nation, Kenya -8 hours agoHe explained that Frank Fahrenkopf Jr, one of the two co-chairmen of the Commission on Presidential Debates was also boss of the American Gaming Association ... |
Hypocrisy underlies election — again - Youngstown Vindicator
Prop A: $10M for GovGuam: Opponents say initiative is rife with ... - Pacific Daily News
Spokane Tribe upset over casino ads - Seattle Times
Spokane Tribe upset over casino adsSeattle Times, United States -Oct 11, 2008... of GOP governor candidate Dino Rossi over TV commercials that suggest the tribe and the state struck an improper deal to expand casino gambling. ... |
Fatal crash highlights lure of casinos for seniors - Baltimore Sun
|
|
 |
|
|
RELATED ARTICLES
Please Help My Husband, Wife, Partner, Spouse, or Other Family Member to Stop Gambling
It doesn't matter whether you are the husband, wife, partner, spouse or other family member of a compulsive gambler. It's your goal to help your loved one beat their compulsive gambling addiction.
Lucky Texas Holdem Tips
Texas holdem poker is one of the few online casino games in which you can actually consistently make money. These lucky texas holdem tips will put you in the driver's seat of most online poker rooms.
MTT Poker Win Frequency
Multi Table Tournaments (MTT) are currently very popular due in large part to the success of televising the World Poker Tour Tournaments and the World Series of Poker Tournaments. Thousands of players try their luck and skills daily online and in brick and mortar tournaments. However, few players appear to give much thought as to whether they should have even entered the tournament. They seem to enter just to compete. It doesn't seem to matter how many people have entered the contest. The lower the entry fee, the larger the tournament field. It's not unusual for One, Two and Five dollar tournaments to attract 1500 to 2500 entrants.
Simple Jacks or Better Strategy Tutorial
Statistical Arbitrage strategy applied to Video Poker
Online Casino Sign-Up Bonus and Match Bonuses - Easy Way to Lose Your Money
Online casinos have many ways to "trick you" into gambling. One of the most common ways is offering casino bonuses, which can be divided into several categories. Let's talk about match bonuses (or online casino sign-up bonuses) today, as it's the most common online casino bonus.
Compulsive Gambler Seeks Alternatives To Stop Gambling
Compulsive gambler's life was devastated by gambling and now seeks alternatives to help his addiction before he loses everything. This seems to be a common trend among compulsive gamblers. They realize there's a problem but don't know where to go in order to get help.
Baccarat Basics
Apart from being originated from Middle Ages and being one of the most popular casino games in the United States and anywhere else in the world amongst the upper class, it is also one or the most unique and sophisticated games that anyone across the world can have a shot at and enjoy it as well. And to interest a gambler's spirit within, the stakes of the game can go high ? as high as a $1000 sometimes ? though this can also send some people thinking twice before even entering the game and for those at many places stakes are as low as $5. Thereby, actually offering a space to encompass many persons , with varying preferences, within its ambit. This feature clearly adds to its ease and elegance.
Casino Olympics
It's been advertised globally and has been poised to be the 'biggest online casino event' that the industry has seen yet and it's even been compared to the Olympics, but does the International Casino Games have what it takes. Lil' Dice takes a look at the online casino industry's latest trend towards multi-player tournaments and unimaginable prize pools that are believed to be the biggest in the industry.
Roulette: The Game of Remarkable Comebacks
In casino gambling, sometimes even the most knowledgable players turn to blind luck to make it through their day. Of course, luck can never be relied on; either things will go the right way for you or they won't. The great thing about casino gambling is that luck has to be with you for only a moment to make a difference in what could've easily been a bad day.
Amazing Lottery Secrets - Just the Facts!
When it comes to Lottery Secrets, we've discovered amazing and powerful
information, that we feel anyone who plays their respective lottery should
be aware of. Did you know that the greatest percentage of lottery players
choose to "quick pick" their numbers?
Texas Holdem Poker Tournament Strategy - Starting Hands
Welcome to the fifth in my Texas Holdem Poker Strategy Series, focusing on no limit Texas Holdem poker tournament play and associated strategies. In this article, we'll examine starting hand decisions.
Texas Holdem Tournament Strategy - Poker Tournament Fundamentals
This is the second in the Texas Holdem Strategy Series, focusing on no limit Texas Hold'em poker tournament play and associated strategies. In the first installment, we examined a real-world tournament scenario and how to handle a particular class of difficult players ? the "maniacs", aggressive, wild players that are commonly encountered in today's poker tournament venues.
Five Roulette Tips to Dramatically Increase Your Profits!
Roulette is the third most popular casino game worldwide, after slots and video poker.Why is it so popular? Well it is fun, exciting, easy to play, and has certain glamour attached to it, thanks to James Bond!The fact that it is so simple to play means that many players just play roulette without thinking about how to maximize their winning potential.
Roulette Tip 1: Play European RouletteThe best roulette wheel to play is the European wheel as it reduces the casino advantage to an acceptable 2.63%.The American version with an extra 00 almost doubles the house advantage, so stick with the European wheel.
Roulette Tip 2: Best BetsAnother advantage on the European table is the en prison rule on even-money bets.
When the 0 comes up, your bet remains, (is captured), for the next spin. If you win on the next spin, you aren't paid for the win, but you are allowed to take your original bet back; so you only lose half your bet. The House edge on even money bets with the en prison rule and single zero is now reduced to 1.35% making it the best bet on the table.
Talking of best bets lets look at the worst bet in roulette - The five number bet of 0, 00, 1, 2, 3 blasts that 5.26% out of the house with an edge of 7.89% to the casino, so avoid this one!
Generally, stick to the bets with lower odds, and avoid single number bets. Playing red or black gives you a chance of winning 50% of the time minus the house edge. This is an attractive bet as it keeps you in the game longer, has respectable odds and allows you to maximize your bankroll.
Roulette Tip 3: Don't Get Emotional!
Don't get emotional when you play. Keep in mind roulette is a game of pure chance, so make sure you set a bankroll you are happy with IN ADVANCE, and when it's lost you leave the game.
Roulette is very emotional and exciting, so it is easy to spend those chips quickly, without thinking about it!
Also, don't get angry or frustrated if you lose Roulette is a fun game first, moneymaking is a bonus.
Roulette Tip 4: Don't Believe In Sure Fire Systems
You will see roulette systems on the net offered for just a few dollars that guarantee you huge consistent profits. Yeah right! If they were true, keep in mind the vendor would not be selling them! They would keep the system to themselves and make a million or more!
Roulette is a game of chance, so forget sure-fire systems.
Roulette Tip 5: Why Are You Playing?
Of all our roulette tips this is the first one we would ask players to consider.
You need to ask yourself, is your overriding aim in gambling, to make money or have fun?
If you answered fun, then roulette is for you. If your overriding motivation is to make money, then you should pick a game like blackjack, where you can actually put the odds in your favour.
Blackjack is not as exciting, or as much fun as roulette, but you will have the opportunity to make much more money!
Roulette is fun, exciting, and with the above tips, you can put the odds a little in your favour.
Tips & Strategies for Slot Players
1. Always play with money you can afford to lose.
How to Master Low Limit Texas Holdem, Part 2 - The Online Poker Game
I continue my articles about learning to master online poker at low limit stakes. In the last article I wrote about the chance of winning in a casino. So you can ask why poker is different.
Avoid These 4 Roulette Myths and Play Like a Pro!
Roulette is a fun exciting and simple game to play, requiring no skill. This makes it very popular.
My Official Cheapskate Guide to Las Vegas
TRAVEL- The following is my penny pinchers guide to Las Vegas. The best way to cut your vacation costs is to travel cheap. The cheapest flights are mid-week, Tues & Wednesdays are best. If you are "self employed (a professional online poker player who sets his own hours)" Go last minute. There are almost always last minute deals to fill those empty seats. So travel midweek and even better travel off-season. This will cut you total vacation expenses down greatly.
How to Play Two Pairs in Draw
The most perplexing holding in draw poker is two pairs. Playing other holdings is almost always a cut-and-dried matter compared with the problems faced by the man with two pairs. When holding two pairs, if the man on your right opens, by all means bump.
Would You Bet on Your Brand? - Three Strategies for Winning at Brand Poker
It seems you can't turn on the TV without seeing some sort of World Series of Poker contest. Poker, especially, Texas Hold 'Em, has become extremely popular. It's not for crusty old men anymore. Poker has a new brand - it is now young, hip and cool. When branding your business, take a lesson from poker. See, match, and push are poker terms that can have major impact on your brand. Below is a review of how you can use these traditional poker terms to raise the level of your brand-poker game.
Online Poker
Online poker is a very popular virtual casinos game where real players play against each other not the virtual casino.
|
