The lure of online gambling without risk of loss, is very appealing. Many online casinos are offering real money introductory bonuses to players with the promise that winnings collected from this “free money” can be withdrawn. There are always stipulations, requiring players to win 20 to 200 times the amount of the free money balance and bet it back through, before a set amount may be withdrawn. This prospect is very appealing indeed.
I personally have signed up for just about every site that offers a no deposit bonus. I have to admit, I wasted so much time. The play-through requirement of these bonuses is surprisingly easy to accomplish. I can recall my balance being “withdrawable” more than 10 times. That’s the easy part. The casino operators have made it as close to impossible to cash this money as they can.
In the “rules” section of these sites, is a mind boggling amount of fine print, which will likely make your winnings void, even if you make the requirement. They almost all require a minimum deposit before authorizing any withdrawal, and the ones who don’t, require what they call a “faxback” form to be faxed, or mailed to a foreign address, before a withdrawal can be made. These forms require implicit identity information, plus an active credit card number. They will tell you it is because of rampant online money laundering, that this is necessary. I did not send the “faxback”, so my winnings could not be cashed.
I burned through just about every online casino that offers a no deposit bonus, and accepts U.S. players. I consistently made the requirements, and in every case, was denied a withdrawal. I do not recommend depositing money into these online casinos, as it is probably just as difficult to cash out winnings from a cash deposit.
Here’s another testimonial for you, I received an email from a particular casino that I had tried out, that contained another no deposit bonus coupon. I opened the casino software, and entered the code. The amount was credited to my account, and I spun the games for hours until the play through was made.
I decided that I was getting paid this time. I had $150.00 that was “withdrawable”. I tried the online help link. I got a chat shell, and asked if I could withdraw this money. The chat returned with-“you have redeemed two free bonuses without making a deposit in-between. your balance has been removed as of now”. What I am trying to say is “how was I to know about that”? I thought that an invalid coupon would be denied in the cashier, as it is on other casinos. That’s what I get for thinking. Balance $0.00.