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Online Casinos often offer a seemingly compelling deposit bonus for their new casino player. The deposit bonus a casino offers is typically stated in terms of a percentage on new money placed into an online gambling account with the specific casino. These deposit bonuses are often capped as far as how much they cover. Though the deposit bonus often seems like free money, there are typically wagering requirements tied to the deposit bonus.

For example, an online casino offers new players a 100% sign-up bonus up to $100. This means the casino will match a new players deposit completely up to $100. Stated in dollar amounts, if an online casino player funds his gambling account with $100, the casino matches $100. This money is typically ready for play within the casino games immediately. While the money is available right away, the player may not make a withdrawal of his money until conditions are met. The bonus money must be wagered a certain amount of times before the money is available for cashout from the casino account.

As a rule, the bonus money a casino such as golden casino gives their players must be played a certain amount of times prior to the bonus amount becoming eligible for cashout. Most casinos require wagers amounting to thirty times the bonus amount ($100 x 30 = $3000) before they let a player cash out. This means the player must wager a total of $3K before he can cash out his bonus.

Important to note, not all casino games count completely towards the wagering requirements. Instead, casinos consider certain games to be worth less than other table games towards working through the casino bonus. The amount a game’s wager counts towards working through the bonus is often tied to the edge a casino has in a particular table game. Generally, casinos will count the amount of money wagered on games they possess a huge edge in fully, while discounting those games where the house edge is slight.

For example, typically slots games, keno games, as well as scratch card games – all of which grant the house a substantial edge – allow the full amount wagered to count towards the bonus requirements. Games such as blackjack and video poker games count partially towards the wager requirements for bonus release. Before accepting an online casino bonus, be sure to find out which games count towards the bonus requirement. While the bonus money is great, for players who do not play the games necessary to release the bonus money – the deposit bonus is often not the best available option to casino players.