Taking advantage of the various bonuses offered by online casinos is one way that professional and semi professional players battle back against the house edge. It is the most efficient way too. Due to the extremely competitive nature of the industry, nowadays you won’t really find an online casino which doesn’t offer some type of bonus. Every casino offers its new players a sign-up bonus. Sign-up bonuses have pretty much become industry standard, though that doesn’t mean that you’ll find two online casinos whose sign-up or welcome bonus carries the exact same value. In order to take full advantage of the sign-up bonus, you need to learn to asses bonuses properly.
Most online casino sign-up bonuses come as % matches on the deposits players make. That means the amount advertised on the casino’s site represents the maximum bonus one can secure. Obviously, the actual % match is much more important than the maximum amount one could secure, when it comes to establishing the real value of the bonus. Unlike in poker, where sign-up bonuses land in players’ bonus accounts first, and are only transferred after the bonus redemption requirements have been met, online casino bonuses land in the real money accounts straight away. Players can actually take their bonuses to the tables right away. The only thing is that once you commit for a bonus, you won’t be allowed to cash out anything until you’ve fulfilled the redemption requirements (called play-through or turn-over requirements in online gambling). The play-through requirements come in the shape of multipliers. Your casino may require you to turn your bonus over 20X or 27X. Obviously, the higher the multiplier, the more difficult it’ll be for you to fulfill the requirements. Another factor that weighs in massively when determining the overall value of your bonus is tied to the conditions that bind your turn-over requirements. Casinos only accept bonus redemption at certain games, usually the ones with the steepest house edges. If you’re a roulette player, it’s obviously not an optimal situation for you to sign up to a casino which does not allow you to redeem your bonus on roulette. While blackjack and roulette are indeed usually excluded from bonus redemption, games like video poker and roulette are not, which means you can actually redeem your bonus on low house-edge games.
Sign-up bonuses are not the only way online casinos will reward their players. Some casinos lure players to their tables through no deposit bonuses. That’s right, in such casinos you don’t need to make an actual deposit to play. The casino gives you a bonus just for signing up. Of course, the redemption requirements on such bonuses are much steeper than the usual ones, after all the casino needs to make sure that such freerollers hang around for a good while. High rollers are also rewarded with bonuses. These bonuses resemble rakeback or poker prop deals in the sense that through these bonuses, players earn rewards in a direct proportion with the amount of money they wager. As rakeback in poker, such high roller bonuses are meant to keep active players’ interest alive and thus to have them coming back to the tables.
Go to the main page
Tags: freerolls, High Roller, Online Casino, rakeback, Sign up Bonus