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From Lexido

Online casinos are also referred to as virtual casinos. These are casinos in which you can play the same games you e play in a real live casino, but online. So in other terms, you should not have to dress up and go to a casino to play, but you may stay at home relaxed enjoying a beer or perhaps a cocktail and play just as much as your heart desires. These casinos will also be available 24/7, meaning you can play anytime. All you need is a visa or some other type of payment method which is deemed correct by the provider, you need to additionally be 18+ years and you're good slot online to go.

What will be the different categories one finds in online casinos? Well, you can find almost anything in online casinos, being slots, or table games, you name it and they have it. Generally speaking, they are classified into the following categories:

Slots - games like virtual poker, and also the normal slot games you find in a casino

A lot of the casino providers offer bonuses and freespins to clients as being an incentive to deposit additional money. These bonuses are complimented with a wagering requirement (for casinos, normally it's 35 times the total amount given). In the event the wagering criterion is met, the cash can be withdrawn.

What is a wagering requirement? A wagering requirement is a calculation set by casino providers to customers where a customer must play the requirement worth of bets as a way to be able to withdraw his money. Let us take an example, to ensure that we can understand more what a wagering requirement is:

You have a bonus offer of 100% up to $100 and you take the full package, therefore you deposit $100 and get $200 as a whole to play. The wagering requirement setup through the provider is 20 times. Therefore in order to be able to cashout your money, you need to play 200 X 20 times ($4,000) worth of bets. Once this number is reached, you may cash out your money.

In most cases, providers set a separate wallet for casinos, since they might offer bonuses on casinos, they would not want customers to play the bonus money on sportsbook or poker. Therefore, a separate wallet is used. But you can transfer your deposited money anytime to and from the wallets. This is also required, since wagering requirements for sportsbook betting is normally 3 times to 5 times.

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