Welcome Bonuses – A Welcome Incentive for the First Deposit
Marketing strategies in the form of bonuses, adopted by online casinos are a move to attract the entire fraternity of first-time online gamblers to frequently visit their online den. The gambling dens usually work on the promise of giving money to the gambler in return for his commitment to wage a minimum amount even before he is allowed to withdraw from the game. Acting as a shield to the house edge of the casino, the wagering requirements make it obligatory for the gambler not to walk away with the cash benefits after claiming the bonus. While these wagering requirements are set to very high standards, the player will harbor a negative expectation in the form of making a deposit and not benefitting from a bonus.
Attempts made by some casinos to restrict certain games from meeting the wagering requirements can either be in line to curtail players from playing low-edge games or to put a slab on ‘risk-free’ play, to avoid betting on both red and black roulettes. This paves the way for completing the wagering requirement, thus enabling the gambler to benefit from a guaranteed profit, over and above the bonus.
More about Welcome Bonuses
Legalized online gambling dens offer all its new entrants the benefits of a 100% “welcome bonus”, which can be availed only for the very first deposit to play on the online casino automaten. Making the first deposit will initiate the activation of the gambler’s welcome bonus. However, these bonuses are subject to a series of terms and conditions.
ü The welcome bonus is applicable only for the first deposit and cannot be availed on a series of deposits
ü Subject to a period of 14 days, the welcome bonus expires after the lapse of this duration after the bonus has been credited, if the wagering requirements have not been met.
ü A conditional clause which makes it mandatory for the deposit bonus to be waged for about 40 times before the gambler can withdraw his money is a procedure followed by some legalized online casinos.
In keeping with the modalities of fair gambling principles of legalized casinos, a gambler can place maximum single bets which are equal to lower than 10% of the bonus value, which is credit to his account until such time the wagering requirements are met. Non-adherence to this specification will prove detrimental to the gamer to have his winnings confiscated by the online casino in addition to withholding further withdrawals.
