When online casinos initially came into the Internet scene, they were required
to think of some marketing idea in order to draw more players. Online gambling
was just beginning and most players were not sure if it were safe to deposit
funds in what seemed like an untested entity. The marketing approach that many
online casinos used and it is still being used aggressively today is the Online
Casino Bonus - a cash bonus.
There is nothing like free cash to charm a potential future client, and online
casino Sign
up bonuses are just that. The sign up or welcome bonus, is the most accepted
form of bonus. Although the actual size of the bonus may differ among the different
casinos, it usually involves between 100%-400% of the initial first time deposit.
Usually there is some kind of limit on the bonus so someone won't simply deposit
something like $100,000 with the hopes of tripling it.
Naturally, as more and more New
Casinos began to offer cash bonuses, there emerged a different kind of client.
This was the client whose only interest was in the bonus itself and who had
the goal of cashing out the bonus just as soon as possible and then simply leaving.
Because of this it became necessary for the online casinos to toughen up their
wagering requirements prior to allowing a player to withdraw their bonus.
This wagering requirement represents the total amount that you are required
to bet before being allowed to withdraw your bonus. Although actual numbers
are known to vary from one casino to another casino, a typical number of the
times that you are required to bet the bonus plus usually your initial deposit,
might be between 10x - 20x the amount of the bonus plus the deposit. So if you
have deposited say for instance $500 and you have received $500 as a cash bonus
your total amount of betting must be in access of say $10,000 in order to be
allowed to cash out the bonus. Although this may appear to be something of a
large amount, it is necessary to bear in mind that if you were playing a game
such as blackjack and were placing say $5 bets, you might possibly win many
hands (as well as losing some), which generally means that the minimum wagering
requirements might be met in a matter of several hours.
There are some casinos that block certain games from qualifying as being acceptable
in meeting the minimum wagering requirement in order to withdraw bonuses. In
most cases they include betting games that are offered by casinos such as a
very liberal version of blackjack (an example being a very low house edge single
deck game) or often some types of video poker games.
Sign up bonuses are offered many times by online poker sites, which also offer
sign up bonuses. The method that is required for clearing these bonuses is often
a bit easier in that you are required to play a certain number of raked hands.
Even if you are a mediocre player, online poker bonuses are usually easier to
clear since most online poker sites offer periodic reload bonuses thus allowing
poker players to enjoy bonuses other than the common welcome bonus.
If you are just getting started in the world of online gambling, bonuses are
a really attractive way to build up your bankroll. But it is important to remember
to carefully read the casino's terms of agreement or better yet, to consult
your favorite online casino portal so as to be sure that you clearly understand
the wagering requirements, and thus giving you a better idea what you are up
against.
| 
