Before You Accept Your Online Slot Bonus

September 7th, 2006 3:34 pm EST

Each and every casino online has some sort of signup bonus for new players to tempt you to choose them. Then they have tons of other types of bonuses once you sign up to keep you with them and try to turn you into a loyal customer. The ultra-competitive nature of this industry is a winning situation for the customer because of all the bonus money available. But before you accept that bonus, there are a few things that you really do need to know.

The first thing is that signup bonuses are only available to new players. Only one account is allowed per person and in most cases per household. The casinos log your ISP (internet service provider) and will find out if you try to start a second account from your home in order to take advantage of a new player bonus more than once.

Probably the biggest thing you need to know about online casino bonuses- whether for new players or not- is the wagering requirements. Wagering requirements are rules for bonuses that require you to wager the bonus money a certain amount of times before you are allowed to withdraw it. For instance, let’s say you receive a bonus of $100, and the wagering requirement is 5x. This means that you have to place bets of at least $500 before you can withdraw the free $100. This is to protect the casino from having people sign up then try to withdraw the free money without gambling at all. Of course, if you have money beyond the $100 bonus in your account, you are usually allowed to withdraw that. You just wouldn’t be able to withdraw the actual bonus itself.

The wagering requirements come as a surprise to many people- even people who are already betting with a bonus at a casino. This is because many people sign up for the bonus and never bother to read the fine print. But there is a whole lot of information in that fine print that you need to be aware of. You should never just click on “I Agree” without knowing what you are agreeing to!

In fact, if you read the fine print, you would know about the signup bonus only being for brand-new players opening a first-time account, as we stated at the beginning of this article. ALWAYS READ THE FINE PRINT. This is of the utmost importance at an online casino.

Also remember that customer service is available 24/7 at the majority of online casinos. The phone numbers are toll free, and of course email and live chat are free as well. If you are ever in doubt about anything in the fine print, contact customer service first! Do not enter into an agreement about a bonus (or anything else for that matter) without first understanding what you are getting into. Customer service is there to help and will explain everything to you in detail- not only is it their job to do so but they want to ensure you follow through and start playing! When in doubt, always contact customer service.