Are Cash Bonuses At Online Casinos Worth The Hype?
May 8, 2020 6:13 am
You’re probably not new to all the talk about casino bonuses. However, you might be thinking; what’s all the fuss about online casino bonuses. Here’s the hard, cold truth about it. It’s a ploy by online casino outfits to keep you on their side and make you a regular player. However, it benefits you as well. You can take advantages of these bonuses to rake in ten and hundreds of dollars weekly. Let’s find a lot more about them.
Understanding bonuses
Before going all out for that bonus on offer, you need to fully understand the terms and conditions to be fulfilled. Some of the terms that need learning include:
- Wagering requirement
- Wagering percentage
- House edge
Wagering requirement
This term is a popular feature in the terms and conditions of cashing in on a bonus. Wagering requirement is the total number of times you need to wager your bonus before you are able to cash it out. The value is different from one casino to another.
For most casinos, the value is put at 35x the bonus plus your cash deposit.
House edge
It is no news that casino games are originally designed for casinos to make profit. Of course, they would not exist in the first place if it wasn’t a profitable venture. Some casino games are designed to rake in more profits for them than some others. Avoid these kinds of games.
Go for games with low house edge instead. On such game is blackjack. In blackjack, there is a greater chance of you fulfilling the wagering requirements.
Are online casino bonuses worth it?
This question must have crossed your mind at one point or another irrespective of whether you are a newbie or casino gambler. While some argue in favour of online casino bonuses, some think is insignificant and not worth a discussion. Let’s take a look at two examples that support the arguments of both sides of the divide
Not worth it
Imagine falling for a huge bonus offering of $2000 and taking it only to see that you cannot cash it if you do not wager as much as $95,000.
Worth it
On the other hand, imagine finding a $200 bonus with a wagering requirement of 8x. In this case, the wagering requirement can be easily fulfilled.
Written by: Roland Arum
