Archive for the ‘Casino Bonuses’ Category

Making Sense out of a No Deposit Bonus

Tuesday, October 25th, 2011

I’m a great fan of online casino bonuses in general, but my favorites have got to be no deposit casino bonuses.  It’s not hard to guess what these bonuses are, just from their name.  They are special perks offered to online gamblers, usually new members, where the player is not required to make a deposit into their account in order to get free cash.  Of course, cynics out there may say that these are just marketing tools to get the player inside the door, but from my experience, they are worth the effort, especially since nothing is required of you!

No deposit bonuses are essentially like a trial run for you to figure out whether you like the casino or not, and whether you want to spend your own cash here eventually.  It’s a great way to test drive the site without risking your own cash.

There are two types of no deposit bonuses I’ve come across in my online gambling adventures.  The first is a cut and dry free cash bonus, which sees the online casino depositing a certain amount of cash – usually $5 – $100 into your account once you’ve opened it.  There are some restrictions, for example, which games you can play at the casino (usually those games with low house edges are excluded from the bonus), and also when you can withdraw the cash.

The other type of no deposit casino bonus found is a freeplay bonus, which sees you rewarded with a much larger sum of money – sometimes into the thousands.  You are then given a restricted time to play the games at this casino – usually an hour or two – and after that time has passed, you get to keep a portion, or sometimes all, of the money.  These casino bonuses are another example of a zero-risk perk which the casino wants you to have to discover the games and software, and make an educated decision for yourself based on your gaming experience at the site.

If you want to find out more about an online casino but don’t want to spend your own money, no deposit bonuses are a great place to start.

Most Expensive Casino Chip Sold for $30,000!

Thursday, June 23rd, 2011

Who knew that a $1 casino chip could increase its value by 30,000??!  So listen to this story: A woman from the United States decided that she wanted to make a little bit of pocket money by selling some of her old trinkets on ebay.  Sandy Marbs was a retired Kwik Copy worker who was living on social benefits, and wanted to supplement her income with some of her possessions. After rummaging through her jewelry box, she came across a casino chip from Vegas’ Showboat Casino, which had lying among her bits and bobs for nearly 50 years.  She uploaded the chip’s details to ebay in the $5 – $30 section and said that she would have sold it if she was offered $10 for it.

Luckily for Marbs, there are still some honest people left in this world, and casino chip collectors, who are well known experts in the world of gambling memorabilia, contacted her to warn her not to take the first offer.  They brought with them some good news – the casino chip had a market value of $15,000!  The chip had become highly collectible, as it came from one of Vegas’s most classic spots – the Showboat Casino which had been open from 1954 to 2001.

Sandy decided to act on the advice given to her by the Casino Chip and Gaming Token Collectors Club, to take better pictures of the $1 chip and upload it to a different section of ebay.  Within hours, there was strong bidding for the little round piece, and it was eventually sold for a record price of nearly $30,000! The chip was bought by avid collector, Glenn Grush, who said that it would make a great addition to his collection.

This is the highest price paid in history for a $1 chip, although $100,000 was paid for a Sahara $100 chip. “There are certain chips that are considered classic rarities like in any hobby,” said President of the Collectors Club, Wayne Thompson. “Most of our almost 3000 members collect at a much lower price scale but derive the same enjoyment from the hobby.  We are truly fortunate to have such a diversity of members.”

Casino Promotions: What you Need to Know

Friday, February 4th, 2011

No doubt that one of the main attractions of online casino gambling lies in the excellent promotions that are offered to players. These promotions are traditionally given in the form of bonuses and are put in place to expand the player’s bankroll enough to the point that it is sometimes even doubled. With competition getting tougher and tougher in the online gambling industry, it is not rare to find anymore bonuses of 100% and more for new players who sign up to these sites and make their first deposit.

But before jumping at the first promotion, there are a couple of things that you need to know about special casino offers.

What are the wagering requirements?

While casino bonuses are generous, they obviously come with certain strings attached so that it makes it worthwhile for the online casino as well. These strings are usually the playthrough requirements on a certain bonus and they exist on every offer. Basically, wagering requirements say that you need to wager the sum of the original deposit and bonus a certain times over (at least 20 in most cases) before you can withdraw your winnings.  Not all games have the same wagering requirements, and on games that have lower house edges such as blackjack and video poker, the casino may increase the wagering requirements. As such, it’s important to check out the terms and conditions of each promotion that you are thinking of taking advantage of so that you understand exactly what is expected of you before being able to redeem your prizes.

Check out Bonuses with Unique Terms

In many instances, players were thrilled to see bonuses for as much as 1000% before realizing that they were severely limited when wanting to withdraw their winnings. In some cases, players discovered that there was a maximum cashout of a certain times the bonus so that even if they hit the jackpot with their bonus bankroll, it wouldn’t help them because they couldn’t withdraw more than, say 10 times the bonus offered.  Another disappointment for players is the phantom bonus, which is given to the player at the beginning of a gambling session, but is deducted from the total when a withdrawal is made.

The bottom line is this: Read throught the terms and conditions of casino promotions before signing on the dotted line.

 
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