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How do Casino Bonuses Work? Casino Bonus Conditions Before you accept an online casino bonus, you'll want to double, and triple, check exactly how it works.
Are there any additional online casino bonus conditions to check out? How Do Wagering Requirements Work? What Other Casino Promotions Exist?
Want to Play Now? Bonus up to. Play Now. If you complete an offer a few times, your actual profit will vary but should closely match EV over time.
In order to calculate the EV of an offer, we consider the long term maths rather than short term wins and losses. To help with this long-term mindset, we need to work out if an offer is worth completing by calculating the EV.
However, in the long-term, we can use the expected value to turn the maths to our advantage. As you may know, every casino game has a house edge.
This is shown as a percentage and ranges from blackjack 0. This figure can be used to calculate the return to player RTP which is basically the flip side of the house edge.
As we looked at above, RTP is the percentage of money a player should expect to win back in the long term.
You may be wondering how you can work out the expected value of a matched betting casino offer. Whilst you can complete these calculations manually, I recommend you use a service like Bonus Accumulator.
Their advanced software calculates the expected value for you making your job much much easier. As I say, Bonus Accumulator calculates all this information for you and shows you which offers to complete and how much you should expect to make.
One of the best tips to consider before you start with matched betting casino offers is to apply bankroll management. This is especially important for more high-risk offers.
You should commit a percentage of your overall bankroll to each offer in order to spread your overall risk. The law of large numbers means that over hundreds and thousands of offers you are mathematically likely to profit.
Next up is to check out the different types of casino offer. However, this is something you should avoid. This is something you should consider when picking a new casino offer.
Here are the most common matched betting casino offers you will encounter. Establishing an acceptable industry standard is not an easy task, but I would say that a 30x wagering requirement for the deposit and bonus amount is pretty decent.
Most new casino offers tend to be rather more substantial. Yet, can they live up to closer scrutiny? Experience taught me that this is not always the case.
Look, I think that huge bonuses are fantastic. There are so many great casinos that offer these bonuses right now, but you will have to make sure they meet certain criteria.
Huge bonuses should come from respected casinos that have been licensed. Wondering if the bonus is worth the risk?
Make sure that you are playing with an established operator. The main licenses are issued by national or international regulators, such as:.
Yet a license alone may not be enough to guarantee that the casino offers are what you need. Reputation plays a part as well, and in my experience, researching casinos beforehand helps.
Yet, you are probably wondering — how do you get these big bonuses in the first place? Big bonuses are usually available in several ways.
High roller bonuses are traditionally part of the VIP treatment. You see, the longer you stick around with a casino, the more they find out about you.
True, targeting you with promotions you will like sometimes begs the question of whether the intentions of the casino are in the right place.
Nevertheless, VIP programs exist, and they are designed to specifically take care of players who are happy to spend a little while longer with any specific casino.
And as they, or rather — you do, so are casinos becoming friendlier. VIP high roller bonuses are perhaps the ones that you can trust the most.
You see, a casino that would accept huge bets from just about anyone is perhaps to be taken with a grain of salt.
There are too many regulations out there, mainly to KYC and AML practices, which forbid to accept big deposits from just anyone.
Free spins are a fantastic way to start playing at any casino. These free credits are pretty much the same at any casino out there.
You get around 10 or 20 free spins for free. Each free spin will be worth 0. There will be a small wagering requirement applied to the free spins, usually 5x.
In some cases, you can get slightly bigger options, such as 50 free spins for a specific game, such as Book of Ra, Starburst or another popular slot title.
Now, a quick update. Some casino offers require no deposit, and free spins are one of those — at least sometimes. You see, a free spins offer can be part of a direct no deposit offer, but then again, it can be granted upon a deposit.
Most welcome bonuses will now feature free spins as part of their offer — sometimes you get them for free, sometimes they are proportionate to how much you deposit.
Bonus codes are a great way to keep track of ongoing promotions and help you cherry-pick your own bonuses. Not all online casino offers come with a bonus code.
In fact, the code can sometimes be a part of an exclusive offer. In other words, you get the code from the casino as a sort of an exclusive promotion that only you and a handful of others are privy to.
If anything, they seem quite fun! Because in my experience, they are the most delightful promos you can lay your hands on. No deposits are easy to get.
All you need to do is register and enrol yourself in the bonus. I know that it may sound a little intrusive at first, but there is absolutely nothing to lose when you get a no deposit bonus.
The offer usually comes in the form of:. Now, I am sure you are probably wondering what the difference is. Well, free play is the most innovative form of no deposit bonus.
You are granted a sum to play with, and once you are done wagering that sum, you can withdraw the winnings.
The downside here is that you will have a cap on how much you can win. Next, on the list, I have the freerolls for you.
Well, it is. This type of bonus allows you to get a ticket and participate in one of the tournaments. The rules are straightforward — win the most and place first in the leaderboard.
After you are done with the wagering requirements, you can cash out both the bonus amount as well as any winnings that you have accumulated.
Lastly, we have the free spins — we already established that this type of bonus could be part of both a no wager bonus as well as a deposit bonus.
This about sums all online casino offers in the no deposit category. Look at you! If I may throw myself a feather there. Then again, I urge you to keep in mind the things we have discussed when it comes to picking a reliable bonus in the first place!
The deposit bonus is the bread and butter of casinos. Long before the freebies came into existence, every casino was asking you to cough up some cash.
Quite frankly, with the regulatory pressure that has been applied, I can say that the majority of such casino bonuses are quite awesome.