Online casinos use this device (No Deposit, Sign-Up) in order to attract new players into the Real Money section of their sites. Having the registration details of such players is a valuable asset for casinos and they are willing to offer a small reward for this. Typically the player will have a small sum (say $25) registered into his or her account. This amount can be used to start cash gambling. The casino will probably require the player to bet a few hundred dollars (let's say times 8 of the initial bonus) before he can cash out his/her winnings.
There are many bonus tracks used to encourage players to deposit real money into the casino's account. The general rule is that the more you risk yourself, the more generous the casino is prepared to be. So you can have a �deposit $200 and we'll give you another $100 to wager on top' offer. Usually you need to bet money that is a certain multiple of your deposit (maybe 10 times) before you can get back ('cash out') your winnings. However when this condition has been met, there is usually no restriction on maximum cash out.
When you first start to play for money, the casino rewards you with a 1st Deposit Bonus. This is also called a �Sign-Up Bonus' or �Welcome Bonus'. Example: Deposit $100, get $115 to gamble with.
As you deposit more money, you get a sliding scale of percentages, running from 25% up to 100%. Unlike the 1 st Deposit, there is no usually no set limit for cash-out.
There is usually a high bar for entry, such as a minimum deposit of $1000 or more, plus a record of making continuous deposits (not just a 'one time' shot). Since casinos are most interested in the heavy spenders, they make these bonuses the most attractive. The money that you can win is collected from all the people who pay registration money to participate. An entrance fee is usually quite modest, such as $6 or so. Tournaments are very popular with skill games like poker and backgammon and large amounts can be won. But leave them alone until you feel very strong in your chosen casino game.
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