If you do find an online casino that offers welcome bonuses for playing blackjack, then you may find that you have to wager another ten times worth the original, because they will have discounted it in some way. If we refer to the same example as earlier, of wagering 30 times on a deposit of $10, if you followed the same approach and the discounted worth of blackjack with this bonus was at just 10%, then you would be wagering the total figure to something worth $3,000 in order to withdraw it.
While this can definitely seem excessive, you do not ever have to actually use one of these bonuses in order to sign up and deposit – you can always just use your own money if you prefer. If not, then you have only lost the deposit trying to match the amount needed, and you can learn from your mistakes and try again.
Since casinos that still exist clearly have a better business model than those that have failed and become insolvent or fallen into obscurity, it is not surprising that they have found a structure that they can offer and not lose out too much in the long run. If they were losing out 1 dollar casino, then the chances are that they would not still be operating, as they had encountered significant losses.
While each casino will offer something slightly different, this guide will help you to find what you are looking for much more easily and see what might end up with you being caught out by surprise with something you either did not expect or understand.
Another important thing to get to grips with is that in overall terms, nearly all bonuses can be thrown into one of three different categories, which helps you to figure out where it all lies and what scenario you can apply it to when you visit an online casino
Cashable bonuses are the most well-known term and the one used most often by advertising and promotions trying to get people to bet and lure in new customers. These work by letting you cash out the full value of the bonus as long as you have wagered the correct number of times they stipulated.
What you need to do to qualify for these will, of course, vary casino by casino. Some online casinos operate with a relative break clause on this, whereby they have the power to void your bonus and potentially all of the winnings you accrued through it, if you try to cash out early.
The next type consists of two similar but separate bonus types – the sticky bonus. The first of these is something that you can wager with but will not be able to withdraw, even after meeting the wagering requirement. The positive side of this is that you can use it to wager, and therefore build up to meet requirements, but it will immediately disappear after you have gambled enough for their procedures and decide to withdraw.
The other sticky type is where the wager does not disappear after you withdraw and stays in your account so that you can continue to wager larger amounts. However, at no point will you have access to this as cash.
However, there is an added element that if you wager this amount as required and come out with a good amount of money in your account, then you are in a healthy position when you withdraw
It is always worth bearing in mind that any good customer support should be able to answer questions you have on welcome bonuses, and if not, it should indicate whether they are worth trusting or not.