In almost any online casino site such as judi online terpercaya, a very basic type of bonus offered is the “new signup bonus”. This is basically the chips amount you are rewarded simply for singing up at the casino site and successfully making your very first deposit. Oftentimes, this bonus is described as percentage match along with upper limit.
Following are couple of examples that signup bonuses offer by casinos:
- 250% bonus up to $2,500 first deposit and 300% bonus to $3,000 on 2nd deposit
- $25 free chip no deposit
- 190% up to $1,900 bonus
The 3 bonuses mentioned are just prime examples that you’ll see among plethora of casino sites. Percentage multiplier is being used for determining the size of the bonus. You simply have to multiply the percentage by the sum of money that’s been deposited to the account. From there, you can calculate how much bonus you are going to get.
So as a quick example, say that there is a 250% bonus up $2,500 bonus. Assuming you have deposited a thousand dollars and received $2,500 in chips, this will give you a total of $3,500 chips credited in your account. In this example, there’s a subsequent bonus where they will encourage you to make another deposit. This is where the 300% bonus up to $3,000 will kick in. So if you have made another deposit of $1,000, you’ll receive $3,000 dollars in chips, giving you a total of $4,000.
Requirements to Cash-in Your Bonuses?
While it is true that these bonuses effective in attracting hundreds or if not, thousands of players on a daily basis, casinos are still a business and they are not just giving money easily. Given that they are a business, their end goal is still, to generate profit. The bonuses are only the frontline to persuade customers to register and make a deposit.
What most players don’t know is that, they have to meet the casino’s wagering requirement first. Casinos usually state it as multiple of the deposit bonus that should be bet on prior to cashing out. More often than not, .30x is the standard wagering requirement.
Meaning to say, if you’ve deposited a thousand dollars and received 250% bonus of $2,500, you have $3,500 in your account. You will have to place 30 x $3,500 in bets before you can successfully cash out. Yeah, that is how big it is. But just to make it clear, you don’t need to lose that amount. Regardless if you Win or Lose, it will be credited to your account until it meet such amount.