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Protect Yourself by Understanding Casino Bonuses
The majority of casinos attract new business by offering players an alluring casino bonus. It's worthwhile knowing how these bonuses work and how they affect you.
WHY DOES A CASINO OFFER A BONUS?
This is the bit it's easy to understand. By offering bonuses, typically in the form of free chips or money, casinos aim to attract and retain players. In effect, the casino uses the bonus as a type of competitive promotion to woo your patronage. It's like a retail store offering a free item with a regular purchase.
TYPES OF CASINO BONUSES
Casinos offer two basic kinds of bonuses: first deposit and loyalty bonuses.
As a first deposit bonus, the casino gives you money to thank you for becoming a member. This type of casino bonus is usually paid after you've signed up and paid your first balance into your Real Money account. The casino will frequently match whatever you deposit up to some maximum amount, which could be $100, for example. Or your bonus may be a percentage of your deposit up to a specified maximum, such as a free 50 percent of the first $250 you deposit. These figures may differ considerably at various casinos, and individual casinos may periodically alter their bonus offerings. Casinos strive to keep their current customers by offering a loyalty bonus, which is a type of promotion used by the casino to thank you for your continued patronage. For example, the casino may add an extra 20 percent to the first deposit made in a particular month, or it may add 10 percent or so to however much you deposit during a month.
WHAT'S EXPECTED OF THE PLAYER
In essence, the casino expects you to identify yourself honestly, refrain from cheating, observe the casino rules stipulated in the terms and conditions, and agree to the conditions that apply to cashing in when you win.It should be understood that you will continue your visit and play for some time if you have accepted a bonus from a casino. There will be a "wager through requirement" - a clause requiring that you must bet a minimum amount of money before you can qualify to receive your bonus. This minimum stake is usually equivalent to some multiple of your initial deposit, or equal to whatever straight bonus you have been granted, or it may be the sum of both these amounts. You'll generally find details on this "wager through" in the published terms and conditions of the casino. Your minimum total bets may need to be anything from 3 to 20 times the amount of your first deposit. By and large, a bigger bonus means a bigger wager through requirement, but there are many exceptions.
WHAT'S EXPECTED OF THE CASINO
As a player you will expect the game play at the casino to be fair and your winnings to be paid honestly and promptly. This much should be self-evident. But be aware that the nature of the games and payouts may change over a period and you'll be expected to comply with any corresponding changes in the terms and conditions.
The nature of the games may change if the casino upgrades its software to enhance various features of play or finds it necessary to modify its payout percentages from time to time to keep fair control of the "casino hold", which is the average profit the casino may be entitled to earn from money paid in by players. Payouts are most likely to change in Slots and Video Poker.
The terms and conditions of a casino are like a contract between you and the casino. They reflect the manner in which the casino undertakes to deliver service to you, the player - so be aware that the casino may need to adjust and tune its bonus and wager through conditions at various times.The golden rule: PLEADING IGNORANCE OF THE TERMS AND CONDITIONS IS NO EXCUSE!
The casino's terms and conditions spell out clearly what is required in the conduct of both the casino and its players. In any dispute, the casino will expect the player to comply with the spirit and probably the letter of this agreement. In life, as in law, ignorance is no defence.
Thomas Sweetz: Will gambling continue to provide governments with tax revenue? - Allentown Morning Call
Video Poker - Tips to Remember
Video poker is an easy game to learn to play well, so do take the time to learn the basic draw strategy, as well as the best machines to play (the ones with the most favorable payout schedule). In addition, the tips below will give you a better chance of winning and overall make the game more enjoyable.
Pro Football Betting
Did you know that most recreational bettors don't make a profit from their pro football betting hobby. This includes bettors who know what they are doing and those who couldn't hit a barn with a ball from five feet away.
Slot Machines - Does Location Make a Difference?
Books have been written on this subject and the debates and arguments about where the "hot" machines are placed in a casino are still raging - 60 years after slots were first installed in casinos.The classic rule is that the best slots were placed just inside the door of the casino, so that people walking by would see jackpot winners and be enticed to come inside and play.
Looking for a great place to play online Texas Holdem poker? Well, Party Poker and its affiliate sites are a great place to play. You'll find it all - Texas Holdem poker, Omaha, Omaha Hi/Lo, 7 Card Stud and 7 Card Hi/Lo games, including a wide range of games such as play-money tables, regular "ring games" (regular poker game with up to 9 players, limit, no limit, pot limit, tournaments, and more.
Online Poker Chips Away At Sexual Stereotypes
Women are being increasingly attracted to the excitement of online poker. Many professional women now shop extensively online and it's natural that they should explore other ways of having fun and spending their money online.
The Eternal Allure of Gambling
I just spent three days in the land of milk and money - Las Vegas. There is something refreshingly honest about the place: it's all about money and it knows it.
Expected Value in Texas Holdem Poker
A successful Texas hold em player is one who maximizes his return or minimizes his loss with each decision he makes. Expected value (EV) is essentially the amount one would expect to win or lose if this decision were to be repeated millions of times.
Rules and Strategies for Roulette
Roulette offers the greatest variety of possible ways you can wager. If you've never tried it, the game is easy to learn and we'll show you strategies that will help make you a winner.
Wisconsin Casinos, The Top Three
I have been gambling in Wisconsin since I was 16 years old! I snuck in for two years straight. After legally gambling at the age of 18 for a few months they moved the age limit up to 21.
Casino Gambling Tips for Online Gambling
Casino gambling tips for the Internet are good to know because betting at an online casino is a little different from a land based casino. For one when playing slots, how can you tell if the odds online are good or not? Do you know what the casino requires for play before cashing out winnings? When selecting to play over the Internet for the first time you should keep the following in mind:Read payout percentage reports for the best oddsPriceWaterhouseCoopers is the prominent accountant in the field of analyzing the game odds for online casinos.
Types of Online Roulette
Roulette - American and EuropeanAs many casino-savvy players already know, there are two main forms of online roulette. I plan on covering some of the differences between the two versions of this popular casino game and in doing so, helping you, the player, decide which game suits you best.
Bingo 101 What You Absolutely Need to Know About
It is quite surprising and amusing at the same time that most of the people aware of the game "bingo" still associate it with some old ladies. The reality, however, suggests that the situation is quite opposite.
Slot Machine Odds
It probably more appropriate to call slot machines entertainment than gambling, as the house always - and we mean always - has an edge with slot machines.The average slot machine payout ranges from an average of 85% to 99% of all coins bet.
TOP 10 Biggest Betting-Gambling Mistakes
Our aim here is to highlight these common areas of failure in the hope that I can speed up your learning curve towards successful betting.MISTAKE NUMBER ONEFailure to Use Betting BanksMost gamblers fail to understand that the best method of achieving a healthy and sustained long term profit from racing and betting in general is to set aside a sum of money away from your main finances, solely for betting purposes.
Do You Know the Best and Worst Roulette Bets?
Do You Know the Best and Worst Roulette Bets?The outcome of every spin of the roulette wheel is independent of any other and is not influenced by prior spins.Even if you have ten black numbers after ten spins, the chance of getting red in the next spin is the same as to get black.
Top 5 Reasons - Should You be Gambling Online?
Why is online gambling the latest craze to hit the Internet? Let's face it the casino business is big bucks. Games played for money have found their way into any permitting city across the world.
2005 World Series of Poker -- Final Tournament Report
Now that the 2005 World Series of Poker has finished, we can tell you what took place in Events #23 through #45. But most importantly we can announce what happened in the Main Event and who won the $7,500,000 top prize and became the 2005 champion.
Avoiding Tilt While Playing Online Poker
As many experts have said, poker is a game that must be viewed as one continuous session that lasts a lifetime. If one can keep this simple statement in mind, it can make the short-term variances, or luck, less painful when the underdog wins.
Pai Gow Poker Basics
Using the standard poker hand ranking methods (see below), the players must organize their cards so that the five card hand is of higher value than the two card hand. If both hands beat the banker's two hands, the player wins.
5s in Blackjack
Counting cards in blackjack is a way to increase your chances of winning. If you're good at it, you can actually take the odds and put them in your favor.
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