Internet casino bonus funds are funds that an internet casino deposits to your account, not funds you deposit. To encourage gamblers to visit their casinos, land-based casinos have provided free drinks and meals for years. Internet casinos searched the Internet for comps and found the best: free money. There is intense competition among online casinos. Most require that you deposit to receive any bonuses. However, some casinos offer bonuses without deposit requirements.
There are three types of standard bonuses. After a certain amount is played, the traditional bonus (1) can be fully cashable. You might see the terms as “Deposit $100 to get a $100 bonus.” Although it may sound simple, the devil could be lurking in the details. It is essential to read the terms and conditions of any bonus carefully. The bonus may be a “sticky bonus” (2) which means it will remain with the casino. The prize is non-cashable and can only be used “for wagering purposes”; if you withdraw all of your winnings or your deposit from your account, the sticky bonus disappears. Semi-sticky bonuses (3) allow you to remove all your winnings and assurance from your account. However, the prize remains in your account until it is lost. This is an incentive to keep playing at the casino.
Hustlers used the traditional bonus to make money at the Internet casino. They signed up for casinos with huge bonuses and played a low-house edge game before closing the account. As long as the house advantage didn’t exceed the prize, this worked. The house edge in blackjack, for example, is 0.5%. A house edge of 0.5% means that the bonus will be worth $25 if the player wagers $5000. After subtracting the $25 loss, a $100 signup bonus would have earned the player $75.
Casinos responded by raising wagering requirements. Casinos have removed from their wagering requirements games with shallow house edge and competitions in which the gambler can place bets on two identical outcomes. The house edge is significantly reduced by betting on black and red in a single zero roulette. Many casinos do not allow roulette, baccarat or video poker. Some have even begun to ban blackjack. Some casinos exclude all other games, except for slots.
You can try out a casino’s software and deposit with the no-deposit bonus. Like all bonuses, I repeat it because it is essential. Before signing up for any type of bonus, even no deposit, be sure you read the terms and conditions.
The types, amounts, and terms and conditions of bonuses are subject to change daily. Keep up to date by surfing the Internet. You will have a good starting bankroll. However, bonuses can be a great way to increase your chances of winning. To find out more about why some players win more, check my website.