Business Template 05

Casino

There are hundreds of casinos plying their trade on-line. It's pretty much a standard feature of every one that they offer new customers a monetary incentive to open an account with them. Some of the new account incentive offers are very good indeed. Obviously, the casino is adding the money to new account holders not only to attract new business, but they know that the average player will gamble it all away on the tables and keep coming back for more losing much more that the incentive they've given the new player.

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The bonus incentives come with strings attached - the casinos are not silly enough to allow you to withdraw your bonus money straight away - you have to play it through a few times first so you might lose it! Each casino has its own terms though a typical example is that they may require you to wager the bonus amount say 20 times. So if they've given you $100 as a new account bonus you would have to place wagers to the cumulative value of $2000. Now - back to the $100 new account bonus and $2000 wagering requirement example above. You've deposited $100 and got your free $100 making $200 in your account. Under the terms of the bonus incentive, you have to wager $2000. By utilising basic strategy you reduce the house edge to 1% - thus on average you expect to lose 1% over the course of meeting the wagering requirements (2000 hands assuming flat betting $1 per hand). Each hand you play counts towards the wagering requirement.