Many people hesitate about gambling in a casino because they run short of funds. Online casinos provide you with the perfect opportunity to get over this problem. Online casino sites provide you with a wide range of bonuses which help you to start playing.

The first type of bonus that you can avail is the sign-up bonus. These are offered to new players who are making their first deposit. You have to qualify for the wagering requirements which may vary in the various online casinos. Generally, a minimum amount of wagering is required before they give you the cash. These sign-up bonuses are calculated on a percentage of the player’s deposit. Sometimes the bonus is given out without a deposit. It could be either of the following forms: it could be in purely monetary form, it could be as free spins with no deposit, where you get to spin the wheel without any deposit and keep the winnings as well or it could also be for a fixed period of time with a certain amount of money.

Another type is the cashable bonuses. After you meet the wagering requirements, you can cash out your money. Cashable bonuses are often restricted to certain games only. In games like roulette, baccarat or other games where you can simultaneously bet on winning and losing outcomes, the difference between the amounts get reduced significantly. Therefore, cashable bonuses are not applicable in such games. For example, in roulette, cashable bonuses cannot cover you when you bet on both red and black. The same goes for games like blackjack and online video poker, because these have a low house edge. For low house edge games, online casinos can also increase the wagering requirements above the default level.

The next type is the non-cashable or ‘sticky bonuses’. You can bet with them, but you cannot withdraw it as cash. When you do make a withdrawal, the sticky bonus is removed from the total that you are withdrawing. So if you are betting with a 100% sticky bonus on a $100 deposit, and meet the wagering requirements of $2000, on winning, $100 will be deducted from your withdrawal amount. However, if you have only $100 to withdraw, you will not be allowed to do so because after deducting the sticky bonus of $100, your balance would read 0. The sticky bonus that is removed after wagering is called ‘phantom bonus’. Other variations of the sticky bonus allow you to withdraw your winnings even if you do not exceed your original balance.

One more type happens to be cash back bonuses. This is given after a player loses. If you have a bad day and end up as one, a portion of your loss is returned to you, sometimes as cash as well. If you find that the online casino you are playing in has an offer of a cash back bonus of 25% for a certain period of time, 25% of what you lose would be returned to you. But if you win over that period of time, you are not entitled to any bonus. These types of bonuses are rare on the online casino circuit, but look for those sites that do.

With so many possible bonuses available, you have a cushion to fall back on should the going get tough. So drop those inhibitions about online casino gambling and forget about your troubles after a bad day. You have everything going for you. Start your game!