I think I needn’t tell you what a casino bonus is.
Due to the competitive nature of the industry, online gambling sites offer newly signed up players special rewards to attract more and more real money depositors. As a beginner though, will you be able to wring true value out of these bonuses? That is quite difficult to assess. According to some experts, casino bonuses carry less value for beginners than for seasoned bonus hunters and regular gamblers, and they can turn into a cause for frustration rather than a source of financial benefits.
There are no doubts about the fact that online casino bonuses offer certain benefits. That’s the whole point of their existence. The truth is though that because of how they’re advertised, they may easily mislead rookies. All casino bonuses come with a whole bunch of ifs, whens and maybes, and it’s these factors (known under the common name of redemption or play through requirements) that confuse beginners.

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The problem with the wagering requirements is that they represent a double-edged sword. Upon sign-up, players only see the benefits and rookies will almost certainly pay little to no attention to the strings that come with their sign-up bonuses. They register, they make their deposits and they apply for the bonus. They receive it and they’re told that they have to complete the wagering requirements before they can request a withdrawal from the site.

The play through requirements can be as high as 40X though. This is what usually happens: the rookie secures the bonus, then goes on to play. He hits a nice win on his first few attempts and decides to withdraw his winnings. Only then he realizes that he cannot withdraw his winnings or his initial deposit till he fulfills the play through requirements. He then feels tricked, betrayed and double-crossed and that is by no means a positive development for the player or for the casino. The player will lose his confidence in the online wagering process. The casino on the other hand, will lose a depositing player, which is about as bad as it can get for them.

The rookie needs to be convinced that the whole wagering process is indeed 100% safe and it works the way it should. Having his withdrawal denied on account of the pending bonus and the unfulfilled wagering requirements, will conjure images of forum complaints in the player’s mind and he will certainly lose his appetite for online gambling. So, at the end of it all, should a rookie take advantage of the sign up bonus or should he focus on other things? By all means, do sign up for the bonus, but please make sure you understand all the obligations that stem from it, before you commit.

Pay no attention to those who tell you that you should skip the bonus because it may confuse you. You’ll only be confused if you’re poorly informed.