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

admin — Wed, 27 Jan 2010 12:44:39 +0000

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.

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

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