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To sign up at an online gambling site means you’re giving up your name, email, phone number (in some cases), your birthday, and maybe one or two more things. Creating a password at an online gambling site and linking an email are the only other steps required before you can start playing.
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Practically all online casinos calculate their bonuses with what’s known as a bonus percentage. This percentage typically falls between 20% – 300% and depicts how much the player will receive in bonus cash.
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When it comes to any type of income, reporting it to the IRS is required. This includes gambling and even “illegal activities”. Regulated casinos and sportsbooks in the US will give you from W-2G if you won over a certain threshold (subtracting out your losses as well). But, offshore gambling sites state it’s up to the user to follow all tax and gambling laws. As they don’t report winnings to the US government, it’s similar to a private company not showing their books, able to keep some information confidential.
Even the best online casino promotions have terms and conditions, which is why we strongly advise you to read the requirements for any casino bonus offer before you claim it. That way, you know what to expect and the requirements you need to clear before you can withdraw your winnings.
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A deposit bonus or a matched bonus, as it’s sometimes called, is the most common bonus you can be offered at an online gambling site in the USA. This means that the gambling site matches your deposit to a certain percentage or a certain amount. And you get more money to gamble within your account.
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