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Much has been said about casino bonuses. In this article we`ll see how bonuses help you win and how they should be used.
Huge selection of bonuses and flashy advertisements at casino sites create the illusion of getting bags of money right upon signing-up. Online casinos offer welcome bonuses, payment system bonuses, deposit bonuses, loyalty bonuses, slot bonuses, and so on. We`ve devoted one of the casinoz.ru articles to this issue, so we won`t dwell on it now. It`s more important to reveal pitfalls a casino newbie can fall into if he/she is tempted by all those offers.
All bonuses offered by online casinos have one thing in common – they seem much more beneficial than they really are. Remember that casinos view bonuses differently from players. For players bonuses mean an extra opportunity to win money, while for casinos – a means of attracting new customers and keeping current customers loyal. Casinos can attract new players without considerable expenses (if any expenses at all). That`s why every generous offer involves numerous details described in casino terms and conditions. Whatever bonus you`ve been credited, you won`t be able to withdraw this money until you meet all the casino terms. Below we`ll consider major of these terms, bolstering them with real examples.
The terms for winning back a bonus are called a wager. Before withdrawing bonus money from your casino account you must win it back by making a certain number of bets.
Let`s take any online casino as an example. This reputable online casino offers 50-100% welcome bonuses on first five deposits to the value of $500 to $1500, i.e. making a $500 deposit you get extra $500. Remember that this bonus money is not real yet. To learn how to win it back, we should read Bonus Terms section.
The player
will be able to withdraw bonus money from the casino only after making bets to
the value which is 30 times bigger than the deposit he/she has made. It means
that after making a $500 deposit you must make bets to the value of
$500+$500=$1000*30=$30 000.
Bonus Terms also say that after getting a no deposit bonus (i.e. a bonus that
is credited to your account with no deposit necessary) you`ll have to make bets
to the value of 80 bonuses.
Before starting to win back your bonus look through bonus terms once again. You may be not allowed to play certain games. Moreover, some games do not count towards your wagering requirements. Let`s take any online casino as an example. You must wager the first deposit 30x. This requirement concerns the bonus alone. It means that after receiving a $100 bonus you must make bets to the value of $3000. If you decide to play blackjack, a bet of $10 will be calculated as $1 (i. e 10%) for wagering requirements. In craps this rate is as low as 5%.
Such limits concern the most beneficial games, such as video poker, blackjack, craps, etc. Gamblers have to win money back by playing games with higher house edge – slot games, Keno, arcade games, and others.
Moreover, casinos can put limits on the amount of maximum bets, which is done to cut the odds of winning a large sum of money. This issue was covered in the article Maximum Bets by Winning Bonuses Back.
Weighing the above mentioned arguments, you should think twice before agreeing to get bonuses. Our article Who Needs Casino Bonuses will help you sort this out.