Bookmark Website  | Free Registration  | The Team
The Lounge  | Champions  | The Wire |  Schedule |  Audio  |  Arcade  |  The Top Ten  |  Historical  |  Email  |  Video

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.

Read more about online casino bonuses and otherOnline Casino Gambling topics athttp://www.online-gambling-insider.com


MORE RESOURCES:

My Turn: On casino gambling, hypocrisy is rampant
Concord Monitor
Charitable gaming has also become very popular. It's a threat to regular casino gambling. The representatives who talk about addiction don't mention the smoker's addiction to smoking, alcohol consumption that can be purchased along our highways, etc.



WPRO

Valicenti: Casino gambling arrives in Southern Massachusetts
WPRO
The first of several planned casinos opened in Massachusetts Wednesday, owners of the Plainridge Park Casino cut the ribbon on what is expected to be the steep competition for gambling operations in Rhode Island. The casino in Plainville sits within a ...
Massachusetts opens its first casino gambling hall, in PlainvilleThe Providence Journal
Casino gambling gets start in MassachusettsSalt Lake Tribune
Gaming panel leader sees $400m windfall for Mass.Boston Globe
WNYT
all 275 news articles »


NJ.com

Casino gambling in northern NJ is a smart decision, New Jerseyans still prone ...
NJ.com
Casino gambling in northern New Jersey is an unqualified necessity in order to strengthen our state economy. I do not believe that Atlantic City will suffer because northern New Jersey gamblers are mainly patronizing out-of-state venues anyway and the ...
Should Atlantic City try to block casinos elsewhere in NJ?The Reporter

all 40 news articles »


Mayweather-Pacquiao Fight Boosts Casino Gambling Profits Above $1 Billion
CBS Local
LAS VEGAS (AP) — Huge crowds and high rollers in Las Vegas for the Floyd Mayweather-Manny Pacquiao fight helped Nevada casinos make more than $1 billion off gamblers in May. It was the first time casinos have hit that total in more than a year. Nevada ...

and more »


NorthJersey.com

Tedesco pushes for November referendum on casino gambling
NorthJersey.com
Bergen County Executive James Tedesco said Wednesday that he remains optimistic that a referendum on casino gambling in northern New Jersey can make it onto the ballot this November. But in a speech at the Meadowlands Regional Chamber of ...

and more »


nwitimes.com

Casino gambling revenue springs up 1 percent in May
nwitimes.com
Casino gambling revenue springs up 1 percent in May. Saved. Save Article; My Saved Items · Print Email. « Ameristar Casino Buy Now. » × Close Ad. Ameristar Casino. Buy Now. Ameristar Casino. Jonathan Miano, The Times. Baccarat dealer Lorie Giglio, ...

and more »


WABE 90.1 FM

Ga. Lawmaker Rolling The Dice On Casino Gambling In Georgia
WABE 90.1 FM
Ron Stephens, Savannah-R, is rolling the dice on casino gambling in Georgia, despite past opposition from state lawmakers. Stephens introduced legislation in March proposing a constitutional amendment to allow casino gambling in the state, as well as a ...

and more »


PolitickerNJ

Casino Gambling Can Benefit Newark
PolitickerNJ
ramo During the day, downtown Newark is a thriving community filled with office workers, college students and shoppers. But after 5 p.m. on most days, downtown Newark empties out on as workers rush home and shop keepers and restaurateurs roll down ...
Lawmakers pitch for a casino in Newark, push for November referendum on ...NorthJersey.com
Assembly OKs 5 bills to help save Atlantic CityAsbury Park Press
Voice of The Southern: SI should cash in its chips and walk awayThe Southern
CBS Local -Beaumont Enterprise
all 106 news articles »


First the Braves, then BRT and then — casino gambling?
Marietta Daily Journal
Google the article “A Gambling Giant is Going Bankrupt, Proving Once and For All That Casinos Are Not Recession-Proof.” You will discover that the largest unit of Caesar's Entertainment Corp. (casino gambling) declared bankruptcy in January of this year.

and more »


LETTER: Casino gambling at Meadlowlands on right track
Asbury Park Press
In reference to your May 28 editorial, Let voters decide on Meadowlands casino, it's a win, win, situation. NJ Transit runs service to the track. It can expand service on the light rail to the complex and run service from the Edgewater and Weehawken ...


Google News


Advertisement



Section Site Map - Submit News - Feedback - Comments - Advertise with Us

Copyright 2006 Luminati Inc. All rights reserved.