The Most Important Casino Basics Part 1

By on May 28, 2018

Bonuses
One of the biggest advantages to online gambling is the wide availability of bonuses that online casinos offer. Some casinos give you money right off the bat for you to test out their games. Others require you to make a deposit in order to receive a bonus, which is either a percentage of your online casino paypal deposits added to your account, or a fixed amount received for an exact deposit of X dollars.

For example, Casino A might give you $10 free just for downloading, and $40 additional when you make your first online casino paypal deposits of $100 within seventy-two hours.

Casino B may offer you a bonus of 25% of the amount you deposit up to a certain limit.

The reason that online casinos can offer bonuses like this is  simply because they have a much lower overhead cost. Less staff, less equipment, no construction required, etc. And on top of that,they make you wager your deposit (and usually your bonus) at least three times over before you can collect your winnings.

It is very important that you read the terms and conditions which are either posted on the web site or included in your email offer—how many times you must wager the deposit and the bonus, the validity period of the bonus offer, and which games you can or cannot play in order to ensure your winnings are valid.

Making a Deposit
So you’re ready to make your first real money bet? There are usually a number of methods by which you can send the casino money.

Firstly, there’s your credit card: Visa and Mastercard are commonly accepted by nearly every online casino. However, many of you in North America may find that your credit card purchase will be rejected.

This is not because the casino doesn’t want your money; it’s because of a regulation at credit card companies, which forces the merchant (the casino) to identify the transaction as 7995:  the purchase of tokens for the purpose of Internet Gambling. Most banks in the US are afraid to accept these high-risk transactions and automatically reject the purchase.

If this is the case, you have two alternative methods of using your credit card—by opening up an account at either PayPal and use online casino paypal deposits or FirePay. You can tie your credit card to these accounts and the purchase will be identified as a pseudo-cash transaction instead of Internet Gambling transaction. These two methods are now  the most common ways by which North American residents deposit money into online casinos—and in some cases casinos will offer an additional bonus if you make a deposit by one of these methods.

Many casinos also offer incentives for making a purchase by Western Union—you can use your credit card to send funds by Western Union online, or you can always go to your nearest Western Union agent and hand over cash. Some casinos will even allow you to deposit money by other methods such as ACH (which is basically an electronic check), or by wire transfer, or Neteller.