An In-Depth Look at Online Casino Sign-Up Bonuses

When it comes to online casinos, many people are still in the dark about the security of engaging in online gambling. Many gamblers still believe that risking money in a virtual casino can be dangerous. This is perhaps the reason why people are still not prepared to put so much money in such an activity.

Online casinos are aware of this scenario, which is why they are constantly trying to find a way to attract people to return to their site and play the games that they offer. One of the most widely used Internet casino offers is the sign-up bonus. Here, as soon as a new player opens an account and makes an initial deposit, he receives a certain amount that is either equal to the amount deposited or a certain percentage of the amount. However, there is a minimum amount of bet before the player will be allowed to withdraw the sign-up bonus. It is likewise important to note that game play is not included when computing for the total bet requirement.

In some instances, the virtual casino matches the entire amount deposited by a new player up to a limit of $100. In order to be eligible for withdrawing the entire amount deposited, the new member should have a bet equivalent to 25 times the entire amount. However, betting on other games like baccarat, craps, roulette, and sic-bo is not eligible for the minimum betting requirement.

Let's say, a player makes an initial deposit of $100. If the entire amount is matched by the virtual casino, the player will be credited with $200 in his account. To be able to take out his sign-up bonus, the player must bet a total of $5000.

In order to maximize the sign-up bonus, a common practice of players is bonus hunting. In this situation, players hop from one online casino to another in order to get as many sign-up bonuses as possible. The idea behind bonus hunting is for gamblers to get some kind of income. However, there are some Internet casinos that do not allow bonus hunting because of what most online casinos term as "bonus abuse."

When considering sign-up bonuses, gamblers should understand the terms and conditions that go together with the offer. There are some terms, which are not completely for the advantage of the player. Likewise, there are offers that are limited to specific games only, such as slot machines. Finally, players should always see to it that the casino they are dealing with is legal. Bogus casinos tend to take a long time to release payouts or site various reasons to free themselves from releasing the payments.