There’s no denying that the online gambling industry is rapidly growing. So, different online casinos develop various marketing strategies to attract gamblers to their websites.
The most common strategy is offering casino bonuses. Casino online platforms offer many types of bonuses, from the welcome bonus to the no deposit bonus, among others.
While these bonuses allow individuals to play their favorite online casino games for free, how they utilize it may determine whether or not they’ll stand a chance to win.
Below is an extensive guide on how gamblers can use online casino bonuses to increase their winning chances.
Many gamblers go straight to utilizing the casino bonus they’ve received without reading its fine print. The truth is, there’s a lot of useful information in a casino bonus’s terms and conditionsthat may help gamblers use it to increase their winning chances.
So, what information is included there? The main one is the wagering requirement. This is the required amount an individual has to wager to be able to withdraw the casino bonus.
For instance, if a bonus has a 5X wagering requirement, it means the gambler has to place bets amounting to five times worth the casino bonus. So, if the casino bonus was $100, then the individual will have to place bets worth $500 to be able to withdraw the bonus.
By checking the wagering requirement, an individual can make a more informed decision on whether or not that bonus is worth it.
Another important piece of information included in casino bonuses’ terms and conditions is the game weightings and restrictions.
A casino bonus’ game restrictions refer to the casino games that an individual cannot play using the bonus. The online casino may forfeit the bonus if an individual plays these restricted games.
Typically, many online casinos restrict gamblers from playing low house-edge percentage games using their bonuses.
A casino bonus’ game weighting is the percentage a particular game contributes to the wagering requirement. For instance, blackjack may have a 25% contribution to the wagering requirement.
This means that if a casino player wins a blackjack game, the earnings will only count for 25% of the wagering requirement.
It’s something that may be easily overlooked but is very important. Since online casinos don’t want gamblers to rely too much on the casino bonuses offered, they set an expiration date on every bonus they offer.
Once a casino bonus’ validity period is over, it will no longer reflect on the individual’s account. Typically, a bonus’ validity period may range from 7-14 days. So, individuals need to check their casino bonuses’ expiration date and utilize them before they are no longer valid.
This is another factor that most gamblers may not pay attention to, but it significantly determines whether or not they’ll profit from their bonuses.
A casino cash bonus is a type of bonus that players can withdraw once they meet the wagering requirements. So, if a gambler meets their casino bonus’ wagering requirements, they can withdraw the earnings from the bonus and the bonus itself.
On the other hand, a casino play bonus is a type of bonus that gamblers cannot withdraw when they meet wagering requirements. This means that the casino player can only withdraw the profits from the bonus, not the bonus itself.
Many gamblers prefer a casino cash bonus over a play bonus. This is because an individual can still earn money regardless of winning or losing their bets.
For example, suppose a cash casino bonus’ has a 10X wagering requirement. In that case, an individual can still withdraw the bonus, even if they’ve made losses in the process of meeting the wagering requirement.
With a play bonus, if a gambler has incurred some losses in the process of meeting the wagering requirement, they’ll lose the money they used to bet and still not be able to withdraw the bonus, which is a double loss.
Some gamblers see bonuses as an opportunity to try new online casino games without risking their money. On the other hand, some casino players strive to make profits using these bonuses.
If an individual is looking to gain earnings using casino bonuses, they should use them on games they are good at. Winning in online gambling requires both good luck and skills.
So, if an individual knows they have mastered the necessary skills to win a particular game, then it’s best to use their casino bonus to play that game.
However, checking the bonus game restrictions is crucial to avoid utilizing the bonus on restricted games.
This is another important tip that can help gamblers abide by the casino’s terms and conditions regarding the bonuses and ultimately increase their winning chances.
A casino bonus’ stake is the set maximum amount an individual can spend their bonus on a single bet. So, if a bonus has a 25% stake, the individual can only spend a maximum of 25% of the bonus on a single wager. If a gambler surpasses that limit, the bonus will automatically be forfeited.
Casino bonuses are a great way to make profits without spending money on a casino platform. However, to maximize their full potential, it’s essential to know all the basics, rules, and regulations surrounding them.