A cash sign-up bonus is
an incentive offered by online casinos to new visitors. You
can take advantage of this free money to boost your win. It
is not that easy as it seems. If you are a regular player
you know the tricks of the trades but for novice players it
is more of a trap sometimes. It is advisable to spend few
minutes to read "terms and conditions" before clicking
no deposit button to avail the promised bonus.
To convert sign-up bonus to cash-out, you
have to take many steps before reaching that coveted free
bonus. Casinos have their self-defined conditions needed to
be satisfied before a player opts for money withdrawal. As
a player, you must make certain number of wages to be eligible
to withdraw the money. No one really likes to give you throwaway
money. Casinos run by the same policy as they do give you
freebies but within a framework of multiple conditions to
fulfill.
How many times you need to wager to collect
that amount? This number of time required to wager is called
"Wager Number". If a casino's wager number is 9,
then if you deposit $100 and get $100 bonus, then you have
to wager on $1800 to satisfy the condition for withdrawal.
If another casino offers you 150% match bonus
up to $100, you get $250 on your account balance if you deposited
$100. But before you are eligible to withdraw your money,
you will have to wager $6250 because the wager number of that
casino being 25 (($100 + $150) * 25). It may be pretty ok
for a seasoned gambler, but for a new player this number means
a lot. Simply put it means you are not supposed to take money
back and leave unless you have played up to that amount.
This is how a paragraph from "Terms
and Conditions" of many casinos look like: "Please
note that in the interests of fair gaming, we require you
to have wagered a minimum of 20 (twenty) times your deposit
and bonus before cashing out any amount higher than your initial
deposit amount, up to $4,000 for each deposit plus bonuses
made during the Fantastic Fortune Giveaway time. If you make
a withdrawal before wagering 10 (ten) times your deposit and
bonus, the bonus money and winnings will be removed from your
account."
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