What is a Sign up Bonus?
A signup bonus is a bonus a player receives when signing up to an online sportsbook, casino, poker site or bingo site. How much a gambler receives for a signup bonus often depends on how much he deposits. For example, an online casino may advertise a $630 (£500) sign up bonus, but underneath state that it is a 200% deposit bonus. That means they will double your first deposit up to the value of $630 (£500).
Sign up Bonus Explained
When signing up for a bonus, players need to understand the bonus’s terms and conditions. Firstly, most bonuses have a code, which they state at the bottom of the advertisement. A player has to enter the code when they signup to activate the bonus. A bonus will lose its validity if a player doesn’t activate it within a certain period. Secondly, a player should check the terms and conditions to see if the bonus is valid in their country.
Even after a player has received his bonus, it is not his to withdraw until he has fulfilled certain conditions. On many online sportsbooks, for example, a player has to turn his bonus over a number of times on bets that are over certain odds before he can claim the money. If a bookmaker states that a player has to turn over a bonus three times, the player has to bet the amount of the bonus three times over.
Some of the less reputable bookmakers may offer a huge signup bonus but in their terms conditions state that a player has to turn it over up to 12 times and at odds of up to 2 to 1. Players should avoid these types of signup bonuses. Unless they are very lucky, they will end up losing a lot of money.
Gamblers that want to compare all the current available signup bonuses can go to a casino affiliate website which lists all the registration offers. From there, they can click on the bonus they like and it will take them to the site where there they can then read the bonus’s terms and conditions.
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