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Casino Bonuses - The Good and the Bad

Casino bonuses are integral part of the online casino industry, and although many of them are good, there is an equal amount of bad bonuses that players accept.
author-picture Admin - 2016. March 15.

Casino bonuses are integral part of the online casino industry, and although many of them are good, there is an equal amount of bad bonuses that players accept.

Online gamblers have the tendency to make a choice of which online casino based on the bonuses that the casino gives to new and regular players alike. This will always be the main reason behind why gamblers go for some casinos, although some players are more interested in the games rather than the bonuses such as those available for free at Pokieslist.org. But, the fact is that casino enthusiasts don’t want to pass on a chance for a good bonus offer.

It’s always interesting to build your bankroll with the house’s money, which is considered free money despite the attachments to it. However, sometimes it’s much smarter to go without the bonus. Can you really make a distinction between a good and bad casino bonus? Do you know what makes a good and what makes a bad bonus?

Good bonus offers will get you somewhere, while bad bonuses will get you nowhere and you are left with a lot of unwisely spent money. The fact is that casinos tend to make huge promises with their promotions so that they can get players to sign-up with them. The difference between these casinos is that those that want to stay in the business make more realistic offers than those that are there to rip you off subtly. This doesn’t mean that popular online casinos don’t employ tactics for a subtle rip-off. They do, and here we will see how.

So, basically players go for bonuses, especially the big ones, to be able to build a big bankroll which they will use to make bigger bets than usual and prolong their wagering action and time spent. That is a very valid reason to accept a bonus. Casino bonuses can make a huge contribution towards building your bankroll, as they double it from the very start of accepting the bonus offer.

However, not all bonuses are good. The way to distinguish good from bad bonuses is through the wagering requirement and other constricting conditions tied to the bonus. The wagering requirement is the most important one. Some casinos tend to offer huge bonuses with a value of $1,000 or more and what they do is tie them to big wagering requirements as well. Imagine having to clear a wagering requirement of 40x with a bonus amount of $4,000 as some casinos tend to offer. This means you have to generate a total wagering action of $160,000 (40 x 4,000 = 160,000) which is insane. Moreover, your deposit is tied to the bonus amount so in essence that amount is further increased. Such offers are made up so that you would never have the chance to win, which means losing your deposit in no time.

Then, what some casinos tend to do is limit the amount that you can cash out generated with the bonus. Or, they make the bonus non-cashable, which means you are not able to withdraw the bonus amount too when you have cleared the wagering requirement, only your deposit and the winnings generated. Always look for cashable bonuses.

Some casinos go to that extent of forcing you to make several deposits before being able to withdraw your winnings made with the bonus, or they just give you 7 days’ time to fulfill the wagering requirement, which puts great deal of pressure on the player. Even no deposit bonuses can be bad, because some casinos with low reputation have the practice of attaching a 100x wagering requirement to a no deposit bonus. You can immediately forget about clearing that requirement and withdrawing your winnings. The only purpose of that bonus is to make you sign up.

Good bonuses on the other hand are those where the restrictions are few and fairer. For example, the wagering requirement is low enough in context of the bonus amount so that the total wagered amount needed would be a reasonable one. Accepting a $100 bonus with a wagering requirement of 30x is not so bad. But a wagering requirement of 30x with a bonus of $500 is something different. The same fair conditions are reflected in the loyalty bonuses, and the other subsequent bonuses given to regular players.

Casino bonuses have their good and bad sides, and even casinos that have had the practice of offering good bonuses can sometimes construct a bad bonus offer. Your job is to recognize that. Read through the terms and conditions, think about the restrictions in place and whether they are attainable, and calculate if the wagering requirement is fair and whether you can fulfill it.

 

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