Bonuses are perhaps the most effective way to attract new customers in an online casino. With their help casinos can keep in their virtual walls many regular players, which is important in an increasingly competitive environment in this area.
Bonuses are very popular among beginners and even players with large experience, but careless character. More experienced clients think carefully about every decision and wary bonuses. Let's try to understand why and consider this system step by step.
How to get bonuses in a casino?
Certainly receiving bonuses is very nice, because it means a supposedly free game. They may be offered to a new client immediately after the registration (the so-called deposit bonuses). A very common form of bonuses is in the form of a set percentage of the first deposit (for example, a 100% bonus up to $200 for your first deposit).
There are also quite frequent bonuses for each deposit using methods recommended by casinos. Quite rare there are part refunds of lost money, although once this type of bonuses was incredibly popular (especially in the brick and mortar casinos.)
There are also many other kinds of bonuses, and sometimes there are very original, but we will describe them all. All basic types are discussed in another article published in a special section of the social network for players Casinoz. In this review, we are more interested in general mechanisms of loyalty programs.
Getting bonuses is rarely required. Usually the player decides whether to agree to such proposals of the casino.
However do not rush to make a deposit and start playing before you do not find out all the nuances of this issue at a casino you are a customer of.
The reason is that in some casinos bonuses are given only after the specified bonus allotted for this purpose. But some other bonuses are given by default, so that players who do not need them, should contact the customer support.
Be very careful with it because it often causes problems of unsuspecting customers. They automatically receive bonuses, do not bother to figure out what to do with it, and start playing. When they try to withdraw money, it turns out that they violated the terms of wagering, so their winnings ate canceled. And there is no one blame...
How to wager bonuses?
We gradually come to the "dark side" of bonus programs - wagering. This English word means conditions that must be fulfilled to withdraw money from the casino after receiving bonuses.
The main requirement of any wager is make bets of the amount that exceeds the bonus amount (or bonus and deposit) by a certain number of times.
For example, x30 (bonus plus deposit) means that before you cam withdraw money, you have to make bets in the amount exceeding the total size of the deposit and bonus by thirty times. That is, if you deposit a hundred dollars and get the same amount from the casino, you have to wager $200 x 30 = $6000.
But that's not all. Few online casinos allow to win back bonuses in all the games that they offer. The vast majority of casinos excluded models with very low casino advantage from the game list. In other words, you won't be able to use your great knowledge of blackjack or video poker.
Very often, the rules of wagering bonuses are in the table, which clearly indicates what percentage of each bet goes to wager. If there is 100%, it means that bets are counted completely. If 20%, only twenty dollars of a hundred will count.
Moreover, almost all casinos let's to win back bonuses on bets. For example, both on red and black on the roulette wheel. Bets made in games doubling video slots usually do not count. Casinos often limit the maximum size of the bet.
Carefully (very carefully!) read the conditions of wagering and do not forget to specify if there are any special rules for residents in your country, because this also happens.
How to determine whether a bonus is beneficial for a player?
You have realized that not all bonuses are equally interesting to players in terms of the benefits they provide. Moreover, some offers of online casino are generally unfavorable for customers and represent only a publicity stunt.
If you know what is meant by "casino advantage in games", "long section of the game" and "theoretical rate of return" (we explained them in detail in other articles on Casinoz), you can easily calculate the theoretical profitability of each bonus.
We will use a specific example: a 100% bonus up to $100, you should win back thirty times (amount of the bonus and deposit). We have already calculated that for such bonus wagering you need to make bets of a six thousand dollars. At the same time under the terms of winning back, you can play only on video slots, scratch cards games.
Let's find this model from the list of games with the highest percent of return (of course, if you have this information). Let's assume this is a video slot, giving 97%. In other words, im every hundred dollars bet, you lose three dollars. It will be a thousand thirty and six thousand, when wagering - one hundred eighty dollars.
What happens? Casino gives you a hundred dollars bonus, but makes conditions for wagering when you theoretically lose almost twice as much. Perhaps you will be able to get this bonus. But several thousand customers who agree to this proposal, the casino has nothing to lose, but it still works.
Fortunately, wagering is not always as hard. For example, if you need to win back the bonus amount thirty times, under the same conditions, it is already a profitable for a customer.
Whether to accept the deposit bonuses?
With bonuses given for the first deposit, the situation is somewhat different. The idea is that you risk nothing. But the wagering conditions for such bonuses are always unrealistic. For example, x50 or x80. Agree that making bets of five hundred dollars, having initially only ten is difficult.
Also keep in mind that no deposit bonus can be no more than the maximum (fifty dollars - one), and you can get it only after you make your first deposit. This is the standard condition.
In any case, such bonuses always attract customers, and it is understandable.
What do we have as a result?
Not so long ago, bonus programs were much more beneficial for clients. But excessive activity of bonus hunters led to the fact that online casinos have tightened rules for obtaining and wagering bonuses. Currently, number of really interesting proposals of this kind is much less. The most generous of them are forregular players.
If you see some insanely favorable terms in a new casino, it should alert you. Believe me, on the other side of the game table there are no altruists, but people making money and they will not just give them away. So sometimes it is better not to take bonuses and bet your money from the first minutes of the game to dispose of them according to your choice.
Be smart, read articles on Casinoz and play in a casino wisely!