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After
looking through 700 casinos and sportsbooks on the internet, its
apparent how competitive online casinos can be, devising inventive
promotions and extraordinary bonuses
to tempt you inside their virtual doors.
You
must have noticed while surfing on the Web a phrase along the
lines of “$200 Free Bonus!” And if you are like most online
gamblers, you have probably asked the question, "Is this money
really Free, or is it a marketing tactic designed to attract
gamblers?"
Well, the answer is yes AND no.
You
can get $200 free cash if you enroll and deposit a certain amount
of your own cash into
a new account with the casino. Many times players will
be required to match the bonus; Sometimes it will be a percentage
bonus, meaning the deposit will be matched up to a certain
percentage. For instance, a 200% bonus up to $200 Free means
that a player will have to deposit $100, to receive a total of
$300. So you see, the money is not entirely Free.
If an online casino also operates a sportsbook
or online poker room, they will oftentimes give away free money
(usually no more than $20) just for placing initial bets on a
sporting event or at a round of poker.
Usually, the higher the bonus or
percentage, the more stringent are the bonus terms and conditions.
This is another aspect of the casino bonus worth explaining.
Before bonuses can be withdrawn from the cashier, they must be
gambled a certain number of times over (understandably so).
Depending on the amount of the bonus, this requirement can be 1
times over to as high as 15 or sometimes 20 times over.