November 28, 2020

Everything You Need to Learn About Rules and Percentages of Online Casinos

When selecting an online casino, you will never go wrong by checking out what online casino review sites have to offer. These websites are full of helpful information that could help you make the right decision where you should sign up and where you should make your deposit.

Below are some of the things you should be concerned with when deciding which online casino to choose.

Is Online Gambling Allowed In Your Country?

Not a lot of online casinos accept players from the United States but if you know where to look, you will find them. Make sure to choose an online casino that is going to be US resident-friendly 100%. See to it too that they will accept MasterCard and Visa or American Express. This makes it easier for you to make your deposits or make a withdrawal since there would be no need for you to subscribe to or sign up with payment methods that you may not be very familiar with. 

What’s A Welcome Bonus?

Welcome bonuses are generally offered by online casinos to new players. This gives them a chance to explore what the casino has to offer. Welcome bonuses usually give players money to spend playing the various games that the casino has to offer so they can get a good feel of how it is like to play on these websites.

However, it’s also important to understand that bonuses rarely come without any attachments to them. Most often, casinos will impose certain regulations and conditions on how they are supposed to be used or what games can they be used as bets for. Most importantly, they could come with playthrough requirements. So, see to it that you have a pretty good understanding of what the bonus involves before actually accepting it. 

What’s A Deposit Match?

If you have signed up with an online casino and you decide to make a deposit of $1000 where the terms state that a 400% match to your deposit will be extended for your first four deposits, capped at $8000, you should expect a total of $4000 as a deposit in your account. After all, $1000 multiplied by 4 equals $4000.

However, even when you have up to four deposits to enjoy the 400% deposit match offer, you have to remember that it is capped at $8000. This means that you can only make one more deposit of the same $1000 amount to bring the total to $8000. The next time you deposit, even when it will still just be your third, will no longer be qualified for the deposit match.

What Is The Payout Percentage?

A lot of people often confuse this with withdrawals. However, a payout percentage is the specific fraction of the wager that will be paid out to the winner and the percentage that will be given to the casino. It’s expected that casinos will always take a part of the winning figures.

It is, after all, how they make money, but you need assurance that they are paying out reasonable amounts to their players. an acceptable amount in online casinos is 97%. Interestingly, this is considerably higher than what many offline casinos will pay out and this is mainly due to the low overhead costs that online casinos have to deal with.