New online casinos are launched regularly. There is a lot written about these casinos in online news websites and at online casino forums. Therefore players are naturally attracted to these new online casinos and want to start wagering at these casinos. New players especially should not take this decision too hastily. This article discusses some of the issues that need to be checked out before signing up at a new online casino.
What could be the reasons for signing up at a new online casino? The first reason is probably that the casino is a new one. New players should understand what really would be new at the casino. If the online casino has games from an existing software supplier then the casino games would be identical to those offered at any other online casino powered by that software supplier. Hence in all probability the new online casino would not have new games. It would definitely provide a new gaming environment with a different theme and different graphics. But these special effects do not offer any monetary advantage to the player and therefore new players should think twice before taking the risks involved with wagering at new online casinos for this reason alone.
The real advantage of new online casinos would lie in the bonuses and promotions offered. Sometimes new casinos are launched with path breaking welcome bonuses. For example Go Casino was launched with a huge welcome bonus of $20,000. At that time this was unprecedented in the online casino industry. Experienced players who wager large amounts could be attracted to this kind of bonus. But it would be unwise for new players to leap into this kind of offer without evaluating whether they could really take advantage of such a bonus offer. New casinos sometimes offer excellent freeroll tournaments or promotions with mega prizes and these could be a legitimate attraction. However again a proper evaluation is required of the terms and conditions in the fine print before a decision is taken.
What could be the drawbacks associated with wagering at a new online casino? There are two types of drawbacks. One type of drawback is associated with the new casino. The question that needs to be answered is whether the new casino will stay the distance or will it wrap up operations without warning and disappear. There are telltale signs that new players should look for. The amount of information about the casino that is revealed upfront, whether it has a license from a reputed gambling jurisdiction, is the software from a known source and is the software tested for fairness by an independent agency are factors to be considered. Even if all these issues have been answered favourably new players should venture at a new casino only if it is a brand of a known and reputed online casino group.
The second drawback of signing up at a new casino is linked to being members of too many casinos at the same time. Players will have to keep deposits at too many casinos and can thus spread their bankroll too thin or have funds unnecessarily blocked. This can be overcome by completely withdrawing funds from one casino before depositing funds at the new one. In this way the beginner will be active at a manageable number of online casinos at the same time.
One final word of caution is that it is best to avoid new casinos and wait till they have performed for about six months before signing up with them.