Its traditional for many online casinos to offer players bonuses when joining a Casino and depositing real money to play using a casino account.
The most common bonuses are Match Bonus, usually a casino will award players with a double or more above their deposit, and no deposit bonuses here a casino gives players free money to play with.
These two types of bonuses are designed to encourage players to gamble and enjoy playing on the many games the casino offers.
In early times casinos found that many players took advantage of the casino and abused the bonus systems which cost the casinos a lot of money. Players opened multiple accounts to reap benefits of the sign-up bonuses, the cash them out as soon as possible
Casino then changed the rules to avoid the hugh financial losses they were taking by introducing the playthrough requirements. Although the playthrough requirements are not popular, however, they are fair and are necesary to protect the casino from fraud and they largely don’t affect the genuine players visiting the casinos to have fun.
The most well known structure of the wagering and Playthrough Requirements that are associated with bonuses are multiple initial deposit amount to be wagered or played through prior to the player cashing out winnings.
The amount of multiple deposits that are required varies from one casino to another. And its important that players read the casino’s requirements before claiming a deposit. The wagering requirements are usually found in the casino’s terms and conditions which is easily found on their casino site.
If the playthrough requirement states 15x, this means that the players has to place bets and play games to the value of 15 times the initial deposit prior to cashing out.
A 100% bonus is if a player deposits $100 then they get #200 to play with. Under these requirements the player ha to place bets to the value of $1,500 before cash-out.
To some people this might appear to be harsh, but casino need to offset the risks and protect themselves from players who have not signed up to just play games. Its is an incentive system that encourages players to enjoy the game play in a fair manner.
Players must note that different games have different requirements, slots have a certain set of retirements and table games and others might have a different wagering requirement. Thus, its important for the players to read the terms and conditions required for the bonuses offered.