Nowadays bonuses are offered in all online casinos. This way casinos attract new users and keeps it old clients. Also, all regulars of casinos know that bonuses can not be taken as a simple gift from the casino. This advertising campaign is meant to make you play. To get pay bonuses in cash, you must meet certain requirements. In other words play bonuses.
Every day Casinoz tries to help our readers understand various nuances of playing in the casino. In this article we will talk about one of not most common but sometimes existing conditions for withdrawing bonuses.
There are the conditions under which the player can not make a bet higher than the set limit during wagering. In the example we will consider the paragraph of rules in Omni Casino, saying
"Under the terms for withdrawing money, the maximum bet on slot machines is limited to six dollars , euros or pounds per spin . Winnings at the rate of six dollars, euros or pounds or more per spin will void".
Note that in Omni Casino conditions for withdrawing first deposit bonus, you need to play an amount twenty times higher than the total size of the deposit and bonus . That is, if a deposit of $50 is given a bonus of $50 and you need to withdraw a total of $2,000.
This paragraph means that if the player makes the total bet per spin for example of seven dollars, the overall withdrawal of money at this bet will have no effect. Moreover if this would be a winning spin, the results will be void and credits will not be added to the player.
Agree that this situation may discourage any casino customer who casually studied the conditions. However it is not as scary as it may seem at first glance, and it is quite possible to find a reasonable explanation and understand the logic of the casino.
Why a casino does it?
Assume that the limits on the maximum bet do not exist. The player makes a deposit of $100 and receives the same amount as a bonus. To get the bonus he must withdraw the amount of $4,000. With some luck making a $200 bet he fulfills the conditions after twenty spins. However the maximum bet should be less than $6 so he will have to put almost seven times.
At first glance, such condition may seem pointless. In fact, what's the difference in how many spins the player makes? After all he could lose all money after the first run of the slot. But on the other hand, already the first spin can bring him a huge jackpot if the bet is $200.
Casino prefers to play safe , so they do not rely on luck but their advantage in the slots. It is about 5%. The longer the visitor plays, the more likely that he will lose. He will theoretically will lose five out of every hundred dollars. In our example, the average player trying to fulfill the terms for withdrawing the bonus, will lose 5% of $4,000 which is $200. And this, as you may have guessed, the size of the deposit and the bonus.
What do you do with such bonuses? Take them or not? You decide. The fact is that the same seven spins can not be considered a long enough segment of the game to show the casino advantage. There are well known stories abound big wins on the slots. Therefore, no one says you can not clear the bonus remaining in positive territory. A single spin can bring you a tidy sum to cover the possible costs for withdrawal requirements, even if you play for all rounds.