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Casino Match Bonus Abuse
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Many of us have eagerly signed up for 100% to 125% to 150% or higher casino bonuses only to find out we had a tough time collecting our 100 to 125 to 150 dollar signup bonus. "Bonus abuse" seems to happen more often by casinos than players. Read the article below before you accept any free casino cash. |
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Casino Match Bonus Abuse
The term "bonus abuse" was originally coined by casino managers in an attempt to describe bonus hunters. Bonus hunters often move from casino to casino collecting signup bonuses, then cashing out ahead at their first opportunity. It simply doesn't make sense for a casino to loathe those who take advantage of their offers. If a casino can't profit by making such offers, they they simply shouldn't make the offer.
The real bonus abuse is often carried out by the casinos themselves. If you don't read their terms carefully, you might be in for a really bad deal. How does this sound for a deal? "One account for each household, computer, person.
If you do not deposit at least $20.00 before you accept the free $10.00 bet, you may only cash out $10.00 after you reach a credit amount of $200.00. You may cash out the free $10.00 after putting it in play 8x if you make a deposit of $20.00 or more, before you put the free $10.00 into play. Example: You do not make a deposit. And you win $200.00 or more you can only cashout $10.00" Sure, it is slightly better than playing for enjoyment only, but you can only withdraw your $10.00 no deposit bonus if you win $200.00. Uh... Big Deal! That is one glaring example of why you might feel let down if you don't read the terms carefully and know exactly what you are getting into from the start.
There have been more than a few reports of casinos that have no problem offering a deposit bonus and then changing the terms while you are in the process of complying with their terms. There seems to be a real problem when this happens. While it is the responsibility of each player to know what kind of deal they are getting themselves into, changes during play are completely unethical.
That doesn't mean every bonus is a bad deal. You just need to be careful. Know all of the terms that apply to your bonus. Yes, there are players that win more by accepting bonuses. Sometimes, you are better off by not accepting any bonus. After all, almost every bonus has a minimum play-through amount, referring to the amount of action you need to play at the casino to withdraw your winnings. If you're in the black by 50% of your bankroll, maybe it's time to quit and cash out. If you haven't met the terms of the bonus you accepted, you may not have that option. After playing the required play-through amount, you may be back in the red again. Remember, free casino cash isn't always free. Sometimes, it has a price.
If you'd like to do what you can to protect yourself from casino bonus abuse, see our article entitled Cheating Online Casinos, Protect Yourself.
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