Welcome Bonuses And How To Claim Them
If you’re serious about playing casino games online then you should consider getting a Sign-Up Bonus to get free money to play.
A Sign-Up Bonus is a type of casino promotion which offers all new customers a free amount of cash when they make their first deposit.
In most cases, this free bonus is given as a percentage of your first deposit (e.g. 200%) and depending on the casino, you can expect to get anywhere from 50% to 200% more free cash to play online.
A Welcome Bonus can effectively boost your bankroll by up to four times before you even place any bets.
Much like any other kind of casino bonus there are pros and cons about a Welcome Bonus.
The Advantages of a Welcome Bonus
The major advantage to using a Sign-Up Bonus is that you are effectively playing with the casino’s money as a way of safeguarding your own.
Consider the following example. You make a deposit for a 100 and the casino gives you another 100 free, you now have a total of 200 to play with. If you play using a stop-loss system of 100, this effectively means that you will not come out as a loser and you’re playing with safe money.
This means that even if you lose 20% of the hands (which is very unlikely) you will still emerge with a 80 profit and your deposit intact! You only need visit a few before you have generated a very sizable profit.
How to Free Your First Deposit Bonus
One common restriction on First Time Deposit Bonuses is that the cash granted to you can only be used to play some of the casino games available and there are restrictions on processing withdraws.
Another disadvantage of First Deposit Bonuses is that like any other type of free casino bonus there are complex wagering requirements attached to them.
Bear in mind that in some cases the amount of free cash you receive as part of your First Deposit Bonus can only be spent on certain casino games. For example, some popular online casinos offer a 50% First Time Deposit Bonus for Blackjack players, 75% free for roulette players and 100% to play slots – slots players normally enjoy the highest offers.
Likewise, not all casino games will have the same rate of contribution towards fulfilling the free bonus wagering requirement. The clearest example of this are slots and blackjack. While slot games normally have a contribution rate of 100%, blackjack may only contribute a small percentage, sometimes about 5% of your wagered amount. This means that a 100 staked on slots will count in full towards the wagering requirement while a 100 wagered playing blackjack will only contribute 5 towards unlocking your bonus.
The rate of contribution and the games that count towards unlocking your bonus are described in the Terms and Condition of the site or the bonus it self. These T&Cs will tell you how many times you must play the bonus through before being able to cash out and which games count towards fulfilling this requirement.
This play-through amount can be between 10 and 40 times the deposit plus bonus. This means that if you deposit $40, then receive another $40 in bonuses at 10 times play-through you have to wager $800 in bets.
Depending on the games you like to play and the amount of money you normally allocate for playing casino games, this wagering requirement on your Welcome Bonus can be more or less attractive.
For example, a blackjack player and a slot player who both deposit the same amount of money and place more or less the same size of bets will not fulfill the wagering requirement at the same time. Slots players will have it so much easier to unlock the bonus because of it’s high percentage of contribution, whereas the blackjack player will need to wager much more money to free the same amount of bonus.
If you want to play casino games for real money, don’t forget to get a free cash bonus visiting this Deposit Casinos review site. Learn how to boost your odds of winning playing slots with this Play Slots Online free tutorial.
To learn how to build a poker table visit BYOPT. For discount gambling supplies visit Discount Poker Outlet.