casino bonus

Most modern online casinos offer deposit bonuses to new and regular customers. They seem particularly tempting - open the user account and make the first deposit. Often, these bonuses are given to the first few deposits, and their total amount can reach several thousand dollars.

However we strongly recommend Casinoz readers carefully study the rules for calculating and wagering bonuses before submitting a request for them.

Moreover, you should learn to calculate whether the bonus benefits the player or if the casino has a certain percentage of mathematical advantage.

It may seem that this is challenging, but in reality, it is precisely the opposite. Almost any player can figure out whether it makes sense to take a particular bonus. We will teach you how to determine their actual value.

Online Casino Bonus Rules

The first thing you should pay attention to in the rules is the option to withdraw the bonus after fulfilling wagering conditions.

The reason is that some bonuses are available only for playing. Customers may not withdraw them from the account after they complete wagering. Such bonuses do not deserve your attention.

Look for bonuses that can be withdrawn, although they are not easy to get, as any casino does not give up. You will have to make bets in the amount that would exceed the bonus a few dozen times.

Then read the conditions of bonus wagering. Keep in mind that you must play through only the bonus in some cases, while in others, your deposit and bonus. Of course, the first is better.

Choosing Games for Bonus Wagering

Next, look at what games where you are allowed to wager bonus. Of course, it should be a model with a minimal advantage if the casino—ideally, blackjack, video poker, French roulette, craps, etc. But make no mistake about this.

Almost all casino games exclude them from the list of games for wagering or set off to wager a small portion of bets (50%, 30%, 20%, or even 2%).

Even bets for money (e.g., video slots) are prohibited when wagering.

money and chips on roulette

Internet Casino Bonus Wagering

When you find the best game, count your theoretical loss at wagering under the conditions and compare them with the bonus amount. In practice, it looks like this.

  • For example, you have a 100% bonus and must win it back thirty times.
  • If you are depositing a hundred dollars, you will be charged for another hundred. To get it, you need to make bets of three thousand (100x30 = 3000).
  • Let's assume that the best game where you can win back the bonus is a slot machine with a return of 97.5%.
  • This means that out of one hundred dollars bet in this video slot, you will lose $2.5. Consequently, you will lose $25 in one thousand and three thousand - $75.

It turns out that this is just a theoretically beneficial bonus because out of one hundred dollars, you will get only seventy-five (once again, it is in theory).

Unfortunately, not all manufacturers provide information on the mathematical advantage of their games. However, you can see it yourself in games such as roulette, blackjack, or craps. For example, in different versions of blackjack, it is calculated using special software, and in roulette, it remains unchanged for all classical models.

Now you know how to determine the actual value of bonuses and make correct decisions in each case.

Tips for choosing the best online casino bonuses

Frequently asked Questions

💰 What is bonus wagering?

To wager a bonus means to make a certain total amount of bets. Only after that you may cash out the bonus. For example, the bonus is $100, and the wager is x30. It means you must wager $3000. 

🤨 Are all online casino bonuses profitable for customers?

Not at all. Many bonuses are lame. They help casinos rob players of their money. 

💎 What casino bonuses are the best?

Players love no-deposit bonuses with modest wagers. Of course, they are pretty rare. Free bonuses are available in many online casinos, but their wagers are usually very high. 

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