Playing for real involves
real banking transactions including: deposits,
bonuses and cash-outs.
When playing for real, depositing
your money is the only transaction that
generally remains the same. Things become
a little trickier when money begins to flow
in the other direction, that is, from the
casino to you.
Bonuses and Cash-outs differ from one casino
to the next. So here's what you'll need
to know to get started playing for real.
Deposit methods:
Deposits can be made by credit
card, check, money order, wire transfer
or other billing services such as PayPal.
Paying by credit card allows for instant
deposits so you can immediately begin to
play.
Security:
To secure your financial information, play
only at casinos that use the industry-standard
128-bit SSL (secure socket layer) encryption
for all financial data. Check the security
info posted by the casino in its site and
verify that the address box of the sign-in
page displays "https://" instead
of the common "http://". In addition,
make sure your Internet browser's encryption
level is 128-bit or update it to the latest
available version.
Casino account:
Following a simple and fast registration,
the casino assigns you an account number
and a password. Many casinos require you
to list a physical address to which they
will send your winnings. Finally, make sure
not to lose your account number and a password,
as you'll need both to initiate future dealings
with the casino.
Sticky
bonuses
Usually, online casinos add sign-on, referral
or frequent-player bonuses to your bankroll
as an incentive for choosing them and playing
some more. You'll find however, that you
can't cash-out a bonus, as casinos tend
to provide it with a condition - it always
sticks to your account. A "sticky bonus"
has no stand-alone value. It's like getting
free chips that can only be used for further
gambling. To make the most of it, simply
cash-out all due money in your account.
Then, with the remaining sticky bonus money,
proceed to play until you have accumulated
enough winnings to outbalance any given
redemption fee upon withdrawal, or have
lost it all. Keep at it until you ultimately
remain with no bonus money in your account.
Whether you gain additional winnings or
lose the entire bonus, the amount you staked
never went out of your pocket.
Additional
fees:
When you want to end your gambling session
and ask for your money, you go to the onscreen
payout system. As some casinos charge a
redemption fee for withdrawal-whether a
flat rate or a percentage- it makes good
business sense to read house deposit and
withdrawal policies in advance, so you can
plan ahead. House banking or withdrawal
policies will also specify the manner in
which you can receive your money, i.e.,
check by mail or courier, direct transfer
or bank wire. When choosing between these
alternatives, consider the rates of each
service fee. Also, find out whether the
casino issues checks that are drawn by a
foreign bank, in which case your bank will
charge you with a transaction fee.
Most online casinos credit money to your
credit card, and the favorable ones do so
almost instantly. However, casinos only
credit you up to the amount you deposited
with your credit card. They will send you
the rest of the amount - your winnings -
either in a check via regular mail or courier
or by a wire transfer.
Let's say you used your credit
card to deposit $50 and ended your gambling
session with $100 worth of chips. The casino
will only credit $50 to your credit card
and the remaining $50 will be sent to your
address or wired to your bank account.
Some casinos issue each gambler a unique
identification number called PIN (personal
identification number) and require its submission
to withdraw money. In this case, you'll
probably have to wait for the PIN to be
sent to you by regular mail before you can
cash-out.
Look for casinos that allow you to track
transactions using their online payout tracking
system.
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