About Casino Bonuses
August 6, 2008
Online casinos are such a huge industry, with billions of pounds wagered online each year, that competition between rival casino groups is fierce. Therefore, to encourage new users to join, there are various casino bonuses on offer, giving you free money to spend and wager online. Among the various types of casino bonus available are:
No Deposit Required Bonus
These are risk-free bonuses, simply put, the casino gives you real free casino chips. For example, the casino will give you a free £50 that you can spend. All you have to do to get this is register, there is no initial or subsequent deposit required. You can play the £50 and either withdraw or re-invest your winnings.
Sign Up Bonus
Almost all online casinos give you a free bonus with your first purchase at the casino. For example, a “100% sign up bonus up to £50 free” means that if you purchase £20 the casino adds £20 and you get to play with £40 , if you purchase £50 the casino adds £50 and you get to play with $100. Since the bonus is “up to £450 free”, if you purchase £70 or any amount above £50 the casino still adds £50 .
Bonus T & C
Each bonus has its “Terms & Conditions”. Always look for it at the casino website before playing at the casino. The two important things at the T&C are the wagering requirements and the excluded games.
Wagering requirement is how much you have to wager before you will be permitted to cash-in. For example “Five times the sum of the purchase and the bonus must be wagered before any cash-in will be permitted.” means that if the sum of the purchase and the bonus is £100 you must wager a total £500 before you can cash-in.
Excluded Games are games that betting on them does not fulfill the obligations with regard to the total amount wagered.
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