The concept is, as the name suggests, that you get a free bet. This gives you the opportunity to place a bet on a given match or sporting event, just as you would normally do. Only difference is that you don’t have to spend a single one of your own, hard earned crowns. Pretty advantageous, right? One thing that is important to know before you start collecting welcome bonuses from various online casinos and betting sites is the wagering requirement. And this applies regardless of the type of bonus you harvest. Whether it’s freebets, free money, free spins or something completely fourth.
Because when casinos offer you a bonus, it is quite common practice that it comes with a certain wagering requirement. This means that you have to play the money through the system x number of times before you can withdraw it to your actual bank account. This is a precaution the casinos have introduced, among other things to avoid players being able to collect a welcome bonus and then withdraw the full amount immediately, without even having used the casino’s game range. Because, as you know, it is free money to play for, and not free money for absolutely Free use, that is the case when bet tips free cricket give out generous welcome bonuses to us gamblers.
The wagering requirement varies widely in size. The requirement can sound on anything, ranging from 10x or more to 1x. The amount of the wagering requirement is of great importance to how quickly you can get any winnings into your account. So, it is an important detail to look into when choosing which welcome bonus to take. As a rule of thumb, it is always preferable that the turnover requirement is as low as possible. However, the biggest bonuses typically come with the biggest wagering requirements, so a high wagering requirement can be a necessary evil if you want to get your hands on the big welcome bonuses.
Another factor worth considering before choosing a welcome bonus from a bookmaker or Indian betting site is how the minimum odds requirement sounds. Betting sites and bookmakers typically have very different requirements for how small the odds may be on the bets you choose to make for your bonus money. This regardless of whether you have cashed freebets or cash in bonuses. Where do you get the biggest welcome bonus – at Indian or international casinos? One of the questions we most often get here at the editorial office is where to get hold of the biggest welcome bonuses. Is it at the Indian casinos? Or on the foreign ones?
Long story short, welcome bonuses offered by international casinos – anything but equal-are greater than the welcome bonuses you can get at Indian casinos with the indian license. That says little about the level of the foreign welcome bonuses! So now it may sound as if the answer is unambiguous. That it is clearly the most profitable to collect a welcome bonus from a foreign casino, to get off to a great start with a crazy Deposit bonus and then otherwise just drive out there. And it may also be that this model is right for you. But the answer is more nuanced than that. The fact is that you do not have to pay tax on winnings won from Indian casinos, approved by the Indian Gambling Authority and thus equipped with the indian license. So, if the casino has the indian license, your winnings are tax-free. However, if you play on the other hand at a foreign casino, which thus does not have the indian license, there will be approximately 40% tax on all winnings you win.