The Murky World of Gambling Site Bonus Offers

The Murky World of Gambling Site Bonus Offers

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As soon as you fancy playing poker, bingo or any type of casino games online or even when you want to place a sports bet, you are going to find many gambling sites will make available to you some form of bonus offer or special promotional offer to get you to sign up to their sites.

However, one thing that many of those bonuses and promotions force you to do is to make a deposit to be able to claim them, and then you will not have access to your deposited funds or any winnings you manage to achieve with the bonus credits you have claimed until you gamble a certain amount at those sites.

The most basic type of gambling site bonus is one on which you have to deposit a certain amount and the gambling site will then match that deposit with bonus credits.

But you are then required to perform something known as a “play through” on the bonus credits before the bonus credits get turned into real money credits. The play through can be as high as 50 or even 100 times the amount of your bonus!

As such if you do come across a bonus that is, for the sake or ease, designed as a 100% deposit match bonus, and you deposit 100.00 in any currency and are then credited with 100.00 in bonus credits and the bonus has a 50 times your bonus amount play through requirement, that means you have to gamble 5000.00 before you can withdraw any winnings.

Whilst when you play any casino game for example, such as a slot machines or Blackjack game, you are going to win and lose when playing them but it is quite a tall order for your bonus credits and your initial deposit to last for 5000.00 in stakes over any gaming session, unless you hit a winning streak and manage to keep on recycling your credits.

As such many gambling sites are betting on a player losing his deposit and also his or her bonus credits long before he or she is ever in a position to cash out any winnings they make, and therefore the deposit they made is often going to be lost to the gambling site as a gambler tries to achieve the play through requirements.

That is that has been concerning many gambling site regulators, and over in the UK the Advertising Standards Authority who are tasked with ensuring any type of advertisements are fair and legal has told all gambling sites in the UK that they must not design or offer any type of bonus or promotional offer that puts a players initial deposit at risk.

If they fail to do so then they are going to be hit with some very large fines or in some extreme cases may also lose their UK Gambling Commission issued gambling license. So at last, gamblers may finally get access to fair bonuses that never put their own money at too much or any kind of risk!

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