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You’ve Won -What you Need to Know About Online Casino Payouts

Gambling is a risky venture no matter where you play whether it is online or at a land based casino. If you choose to gamble online there are a number of factors that you should consider before making any wagers. First, check your chosen casino out thoroughly, read customer reviews, do they have the e-cogra seal, who audits their payouts and what are the standard payout percentages related to each game. For an example; if you like to play Keno, the average payout for most casinos is 72 – 80%; it is the riskiest. For slot play the average can range anywhere from 80 – 98%.

Secondly, review the terms and conditions related to deposits and bonuses. This is very important. Some casinos require that you wager a no deposit bonus anywhere from 10x the bonus on upwards of 50x the bonus and then have a limit of what you can withdraw; this is usually 2x the bonus. So, if you were given a $25 no deposit bonus after playing through the required times you would only be able to cash out $50. And to add to that, some casinos will not let you withdraw anything until you make a deposit.

Deposits with bonuses also have playthrough restrictions and withdrawl amounts can have limits. An example of this would be; you purchase $50 and get a $50 (100% match) bonus, the playthrough for deposits with bonuses will vary with casinos, you wager the required amount of times and you win $100,000. Some casinos will pay out the entire amount within 48 hours while others will pay out winnings in increments of $2000 to $5000 per week until the winnings are paid.

Playing at an online casino can be a fun experience, but before you make the decision to play; be informed and also play responsibly. If you know the odds you could come out a winner.

How to Finance Online Casino Gaming

I have, in the past, experienced the thrills of gambling online. Several years ago, depositing money into an online casino account was easy. PayPal was my medium of choice; back in 2001, however PayPal no longer associates itself with the online gaming world. Neteller became the second option along with Citadel, but times have changed and if you are a United States citizen it is more difficult than it ever was.

There are still a few deposit options available for the online gambler. Click-to-Play is one option. They are an online deposit tool that is connected to your bank account or credit card. Another option is e-wallet or use-my-wallet; with these two choices you can transfer funds into your “wallet” account and then make a deposit. Another option, which is the simplest by far would be to use a pre-paid debit card. Pre-paid debit cards are available online; Account Now and Netspend are just a few or you can purchase a GreenDot card from local stores where gift cards are sold.

Since the passage of the Unlawful Internet Gambling Act of 2006 (UIGEA), most online casinos no longer accept American players, but fortunately there are a few who still do. However, one must keep in mind that in some states (Illinois, Indiana, Louisiana, Michigan, Nevada, New Jersey, New York, Oregon, South Dakota, Washington, and Wisconsin) online gaming is illegal and if you reside in one of those jurisdictions most casino software will detect it and you will not be able to sign up for a real money account.

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