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Some simple explanations of terms for the new online gambler.

omeg

NEW MEMBER
 So you are new to the world of online gambling huh? We all started at one time or another and soon you will be an experienced player like so many of us. This post is just some simple explanations I think might help the new player along the way. There is so much to learn, so lets get started. One of the greatest things in life is something for free. Well, you are in luck, as with online gambling, many casinos will allow you to try the casino out , for real money, without using any of your own.This is called a No Deposit Bonus The casino actually gives you money to play the games and try to win. The chips can range from $5 to as high as $300 in my experience. You simply sign up a real money account in the casino, either go to live chat to claim, or enter a code, whichever the casino specifies, and away we go. Not so fast my friend. A No Deposit Bonus will have some stipulations. Some rules that go along with them so you simply cant walk away with the casinos money. This is where a lot of new folks get lost for the first time so I will try to explain as simple as I can.  They are officially known as part of the Terms and Conditions. Any No Deposit Bonus you are given is going to come with what is called a Playthru.or Wagering requirement. What this means is you have to Wager(or Play) a certain dollar amount before you are able to withdrawl any funds. The Playthru amounts can be anything the casino wants it to be. The most common amounts for example is 30 times. So if you were given a $100 No deposit bonus, and the playthru is 30x( times), you will have to wager $3000 before the playthru is complete. Make sense? 100x X 30x=3000The above explanation is a very simplified one, but useful when just starting out. I will wait till you are a little further along and go into it with more explanation. I cannot stress enough that when you sign up with a casino, and you see that long page with really fine print called Terms and Conditions That you take the time to read it, but also understand it. Many a jackpot has been lost due to misunderstanding the terms and conditions. Read it...Enough said. Okay, so we have covered what a No Deposit Bonus is. We have covered what a Wagering requirerment is.Thanks for reading.  I hope it was helpful.More to come. :roll:Tomorrow we talk about Cashable Bonuses vs. Non Cashable bonuses.                                                                                 Pam
 
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PSP

Ruler of Western Civilization's Geeky Nerds
Is it OK if I wait until you discuss what to do when the slot machines hate you and take great pleasure in crushing your self-esteem?... because I have absolutely no idea how to deal with that :thumb: 
 

omeg

NEW MEMBER
PSP wrote: Is it OK if I wait until you discuss what to do when the slot machines hate you and take great pleasure in crushing your self-esteem?... because I have absolutely no idea how to deal with that :thumb: 
 Yes PSP, Please stay tuned. We will be discussing just that approximatly June 23rd, 2014.:beard:                                                                                         Pam 
 

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