The Truth Behind Online Casino Bonuses – Online casinos are not a new industry, but one of the features of these online casinos has been the subject of intense debate over the years. This feature is an online casino bonus. Bonuses are awarded through almost every online gaming center, but each has very different rules, regulations and conditions. Before accepting any bonus, you need to weigh the pros and cons of online casino bonuses. Since these casinos are basically giving away free money, it is always a good idea to make sure you know what you are getting into before you accept a bonus.
Why accept online casino bonuses?
Before you take up a casino bonus offer, ask yourself if you need one. The bonus will always be optional, as you can contact the customer service department or the cashier and ask them to hold or add funds. There are several schools of thought regarding these online casino bonuses, which we’ll cover in a moment.
To determine the usefulness of the bonus, you should look at the roll over rate. These rolling rates will force you to play through a number of bets before being able to cash out. This will sometimes force you to play through 10, 20, or even 30 times your total deposit – once the bonus is accounted for. Having said that, it can sometimes be a very steep price to cash in. The roll over rate is one of the biggest determining factors that you should consider when choosing a bonus.
Now, back to the school of thought. There are three ways to consider this. If you have enough cash to make a large deposit, it may be safe to accept the bonus on the pretext that you can afford to bet higher to meet the rollover rate. A further way to think about this confusion is that you have very little money, so the bonus allows you to bet more or play higher stakes. Under this pretext, you may want to receive a bonus as it will give you more breathing room. Perhaps the only deposit that should not receive a bonus is a middle ground. If you are unable to make a large deposit but can still make a deposit above a very low limit, the bonus may not be in your best interest. If you can’t afford to spend more than you bet, but manage to risk a relatively decent amount,
Another disadvantage of many online casino bonuses is that the games are restricted. Since some games bring better odds to the player, the casino will not allow you to use this money for that game. Most bonuses will limit blackjack, roulette, craps and other table games when using the bonus. Slots and video poker games are among the most common types of games where bonuses can be applied. If you don’t want to stick to just one type of game, then casino bonuses may not be for you.
While the prospect of free money may seem attractive, it is always good to remember that this money will not come without cost. Whether it’s from reduced game flexibility or betting requirements, this bonus can be seen as a very bad thing. Some online casinos will actually withhold any winnings earned from the deposit bonus will not apply to certain games. For example, if you use a bonus that prohibits blackjack and then decide to try playing blackjack with your bonus, then all your winnings may be forfeited entirely. You will still have your deposit, but the luck you have on the table will not happen.