In this tough economy, a place where belts are tightening everywhere, the temptation to make some quick cash with online gambling can prove extremely powerful – and why not? Online casinos are easy to use, fun, and have the potential for serious profits. However, before you dive for your wallet, be sure to research the latest bonuses as these can really give a new player a head start.
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Types of Bonuses:
The first thing to check when shopping for new casino bonuses is the form that the bonus actually takes. This is particularly important because, while some bonuses are simply extra cash, many have specific requirements – like not being able to cash it out – and even these categories are further subdivided.
For example, Non-cashable bonuses can either be “sticky” bonuses or “phantom” bonuses. “Sticky” bonuses are somewhat better because they stay in your account after you log out, while phantom bonuses simply disappear when you go to check out. You might ask: “Well, what’s the point of the bonus if it just disappears before you can cash it out? How do you actually make money from it?” The answer is: it is profitable because you get to keep your winnings!
Another type of bonus is called casino “comp points.” This system of bonuses functions similarly to reward points on a credit card. You earn points by placing bets – the exact amount of points may vary depending on the game that you play – and then these points can be turned in for either cash or prizes. Although this type of bonus is not likely to actually earn you profits, it is a nice little reward for playing at a given site.
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As with any other online interaction involving money, there is one major concern: scams. There have been reports of online casinos defrauding players – either by refusing to let the player cash out or because they tweaked the algorithm of the game to make it more likely that the player would lose. However, casinos, especially online casinos, have a vested interest in maintaining their integrity because otherwise no one would play and they would go out of business. This interest is why there are Websites dedicated to providing players with lists of rogue casinos, which, if checked, should allow you to steer clear of any scams.
Making money using casino bonuses is perfectly possible – just make sure to do your research! Check the type of bonus being offered, make sure that you aren’t in a rogue casino, and then enjoy!