WAGERING RESTRICTIONS AND REQUIREMENTS FOR ONLINE CASINO BONUSES
Seeing that online casinos are not actual physical establishments, it can be often easy to forget that they are in fact real businesses with their eye very firmly on the bottom line. As with any business, online casinos are in it for the money, they are not there just to give you the opportunity to get rich. Nobody is going to give you something for nothing, even though with all the free casino bonuses floating around everywhere it can be easy to forget that fact. These bonuses, as generous as they are, are primarily ploys on the part of the online casinos to get you playing in the first place and then to keep you playing. As such they come with certain requirements and restrictions that you should be well aware of before taking advantage of them. The following is a list of some of the terms you are likely to encounter as far as wagering requirements and bonus restrictions go.
In order to discourage players form just paying money into their accounts in order to receive the bonuses offered by the online casino and then withdrawing their initial stake, casinos often now apply sticky conditions to the bonuses they offer. In simple terms, what these sticky conditions ensure is that the amount to be gambled before a withdrawal is possible is over and above what the bonus was; because of this it will be necessary to also gamble your initial stake before you can withdraw any funds from your account.
Nearly any bonus a casino gives you for free will have some sort of wagering requirements. A wagering requirement is basically how many times the value of the bonus a player will have to wage in order for that initial bonus to be viable for withdrawal from their account. This can be typically 20 to 30 times the bonus although these can vary from casino to casino and from game to game.
Certain online casinos have been known to apply geographical restrictions that prevent players from certain locations from accessing free casino bonuses. This can be for a number of reasons although the common reason given is that they restrict regions from which they have experienced wide spread abuse of the bonus system.
Different games involve different odds, and so it follows that wagering requirements differ from game to game. Some bonuses will not be applicable to certain games the casino offers so it is best to make sure you know what game restrictions apply. You will be able to use your bonuses on some of the more popular games such as Baccarat, Roulette, Craps, and Sic Bo although specific promotions may not apply and as we have already said it is important to know from the get go what the bonus is for and what needs to be done in the way of wagering requirements in order for it to be redeemed
Bonuses are fun and free ways to get into online casino playing but as we have demonstrated they are not always as free as they look and their ultimate aim is to get you to start and then keep on playing. The most important thing for you to figure out and work into your strategy is the wagering requirement on the bonus you are interested in. The challenge is to see how far you can stretch it and how much you can take away from the house.