Online casinos were an emerging phenomenon and needed to attract more players. When They first launched online gambling, many players weren’t sure if they should put their money in foreign entities. As a result, many online casinos aggressively use cash bonuses as a marketing tool.
Online casino bonuses can be a great way of attracting future customers. The most common type of bonus is the sign-up bonus, also known as the welcome bonus. The bonus amount is typically between 100% and 400% of your initial deposit, although it varies from casino to the next. You cannot also expect to double the bonus if you deposit 100,000$.
A new client emerged as more casinos started to offer cash bonuses. The client wanted to withdraw the bonus quickly and was not interested in the premium. However, before allowing the withdrawal of the prize, online casinos had to raise their wagering requirements.
You must wager at least 10x your bonus amount to withdraw it. The exact amount will vary depending on the casino, but it is generally between 10x-20x. For example, if you deposit 500$ and receive 500$ in cash bonuses, your bet amount must exceed 5000$ to cash out this bonus. This may seem like a large amount, but you can usually clear the requirements within hours if your blackjack bets are 5$. Both you will win and lose many hands.
Some casinos have blocked several qualifying games to clear bonus points. This applies to all bets, including video poker and a very liberal version of blackjack.
Online poker sites also offer welcome bonuses. These bonuses are easier to clear because you have to play several hands. Online poker bonuses can be quickly removed, even if you are a beginner. Many poker sites offer to reload bonuses, allowing players to get additional bonuses on top of the welcome bonus.
Bonuses can be an excellent way to get started with online gambling. However, to better understand your obligations, make sure you review the terms and conditions of the casino.