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Many online sports books now offer bonuses like free bets or free money. These bonuses usually come with a stipulation that the bettor place a certain number of bets. For example, a site may offer a bettor $50 free if they deposit $100 and place a total of $1000 in bets.
The difference between cash-able and phantom bonuses comes at cashout time. A phantom bonus is deducted from the player's balance at the moment he places his withdrawal request. For example: if a player deposited $100, received $100, played, and finished the wagering at $150. If the bonus is sticky, the player will be able to withdraw just $50.
The above examples are used in ring games, also known as cash games. The rake for participation in poker tournaments is collected as an entrance fee. This may be displayed by showing the tournament buy-in as $100+$20, with the $20 being the house fee or "Vig". Other times they will show their buy-in as $100 and list the percentage they take for ...
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