If you are thinking of signing up with an online casino, make sure you sign with one that has a good sign-up bonus. So many of the best casinos have these that there's no reason to sign with a site that doesn't. Usually, the online casino bonus is a percentage of your initial deposit amount when you set up an account. Some deposit bonuses are as generous as 200%. That means if you deposited $100, the casino would give you a $200 free bonus on top of that initial deposit. Maximum bonuses often reach thousands of dollars. Some no deposit casinos will even offer you a bonus that you can use even if you have no bankroll at all.
The first question on most people's minds is whether they can set up an account, make a deposit, and then withdraw the bonus. The answer is no, because if you could do this, we'd all have a super easy way to boost our income! All casinos have wagering requirements for cashing out a bonus, and these vary some from one place to the next. Often the rules for being able to cash out your bonus are different from Discount Casino the rules the same casino uses for cashing out regular winnings, so read the bonus playthrough requirements beforehand so you know what you have to do.
There are some strategies to help you get the most from your online casino bonus. First off, if a casino allows hedging bets during your bonus playthrough requirement, take advantage! Bet on both red and black with roulette to maximize your wager and minimize risk. Unfortunately, the vast majority of bonus schemes do not allow you to hedge bets as part of your playthrough requirement.
Your next best strategy for meeting your bonus requirement is to choose a game with a low house edge. Craps and Pai Gow poker are two good choices. Picking games with the lowest house edges makes it more likely you'll come out ahead once you've fulfilled your bonus wagering requirements. Also keep in mind that many sites do not allow certain games to count toward your bonus playthrough, so read the bonus rules to be sure which games count. Unfortunately, a lot of them don't allow you to play blackjack as part of your bonus requirement. Blackjack has some of the lowest house edges.
Some internet casinos have what are called "sticky" bonuses, which become a part of your account balance, but which can't be cashed out separately from your regular funds. What these do is basically prolong your playing time, but that can be a good thing if you have a big win. If you find yourself having lost your entire deposit and are playing with nothing but the sticky money, then you might as well bet big, since it's the house's money you're playing with.
One thing you should never try to do is to sign up under multiple names with a casino in order to try to get multiple bonuses. Casinos are really good at figuring out when people do this, and if they catch you (which is very likely) you will be banned. Bonuses are quite generous at web casinos, so know what the rules are and make the most of them.
"Get $ 300 free - no deposit required", the ad from online casino site says. Many internet casinos offer this type of bonus called No deposit casino bonus to new players. The condition is that you have to be a first time member on their site.
The promise of free cash never fails to get people's interest. But are they really free money? Can a player really leave the casino with a wad load of cash using this kind of gambling bonus? Let's have a deeper look at the truth about the free bonus promotions at online casinos.
Do not think for a moment that online gambling sites would give away free money unless it benefits them. After all they are businesses. Their main purpose is profits. So why would they offer these promotions?
Firstly, they know that many people would join their site as a result of it. And a good percentage of them would stay on to become depositing players who will contribute to their income.
Secondly, and most importantly, the free money they promise have certain rules. This rules makes it very hard, if not impossible, for any player to win from the promotion. So simply put, this kind of free bonuses might be nothing more than a 'promise of free cash'.
This no deposit needed bonus offered by online casino sites have rules, certain requirements. It concerns the cash-out of winnings. Of course, the free balance given in the account will let you play their games for free. But when a player wins from the bonus comes this rule. The rule is called Wagering or Cash out requirement(CR).
With this rule, withdrawing winnings is permitted only after the free amount is turned-over a number of times. It is usually given something like '20xB' that means 20 times bonus. Let's take an example of a bonus of $25 with a CR of 20xB. A player has to make minimum total bet of 20 times the bonus, i.e. 25x20 = $500. Only if the player managed to still have available balance after betting $500 can cash out be done. Needless to say that this rule makes the chance of winnings very little. Wagering requirement differ from casino to casino. It can be anything from 10xB to 100xB.
The chance of winnings in casinos depends on what is called Payout percentages(PP). This is the amount of money that will be given out in the particular games as opposed to how much money is put in. It is given as a percentage out of 100. This is decided by the computer that controls the game and is set for a complete round or cycle. The cycle could be say like when $10,000 bet is completed or something like that. No one knows this but the computer. This percentage is always below 100(eg. 95%). The remaining percentage becomes the 'House Edge'. That is the profit of the casinos.
Different games have different payout percentages. Online slots are usually around 95%, table games like poker, craps or blackjack can be higher at around 98%. It differs from casino to casino.
The reason we explain the payout percentage is because there are restrictions in the particular type of game that can be played using no deposit bonuses. Many online casinos will not allow the play of table games with this bonus because the PP is high i.e. the chance of winning is more. The ones that do allow will set the CR i.e. requirements higher. For eg. CR for slots 20xB, CR for Blackjack 50xB.
In conclusion, the reality is that online casinos offer no deposit required bonus for real. But the truth is that to win anything from it is not easy, if not impossible. The requirements or rules relating to cash-out of the winnings from this bonus is strict.
Therefore, these type of casino bonus is recommended mostly for people who just love to play the games. Another reason would be for practice or to familiarize the casino games before starting to bet for real. Although it has to be said that there is a chance, very little but there, that a player might even win big amount from this type of promotion for free.