How Online Casino Bonuses Work

Bonuses are a great form of marketing for online casinos, and most offer a sign-up bonus for new players making their first deposit. So many reputable online casinos offer sign-up bonuses, there’s no reason to choose one that doesn’t offer one. Gambling sites justify offering these bonuses in the hope that you will come back to their site again and again. 안전놀이터

With a new player bonus, the casino is essentially giving away money in exchange for your agreeing to bet a set minimum amount. You may be asked to wager several times your initial deposit or a bonus credited to your account before you can claim it. The house edge of the games you are allowed to play to meet your bonus wagering requirements will help determine how likely you are to be able to walk away with your bonus money.

With some web casinos, you may be restricted from choosing low-edge games or from hedge bets (such as betting on black and red roulette) to meet your bonus wagering requirements. It is very important that you read the specific casino’s terms in order to claim your bonus, as they may vary slightly from one casino to another.

Some internet casinos offer what are known as “sticky” bonuses. This bonus becomes part of your balance, but cannot be cashed out separately. The sticky bonus “sticks” to your account until it disappears. Obviously, it’s not as profitable for you as a simple, regular bonus.

Comp Points, common in brick-and-mortar casinos are also available at some online gambling sites. These comp points can be exchanged for prizes, cash or other types of competition. The amount awarded per bet depends on the game you choose. For example, a casino might offer you three comp points for every $10 you bet on slots, and one comp point for every $10 you bet on blackjack (since the house edge is much lower on blackjack than it is on slots). Every 100 comp points may be worth a dollar. In this case, it really means that the casino returns 0.3% of your slot bet but only 0.1% of your blackjack bet.

Theoretically, it is possible to make profits with multiple bonus structures. Consider that with blackjack, the house edge is about 0.5%. If you bet $1,000 with a house edge of 0.5%, you will lose $5. If you receive a sign-up bonus of $100, and subtract your estimated loss by $5, you can expect to earn $100-$5 = $95. But you should check the site’s bonus terms and conditions to see if this is allowed.

Casinos have robust IP tracking software that they use to prevent the same player from signing up multiple times under multiple names to claim more than one bonus, so this is something you definitely don’t want to try, as it will get you kicked out of most casinos on line. On the other side of the equation, there are casinos that will delay paying withdrawals in the hope that players will continue to gamble with the money in the account and lose it so they don’t have to pay. But you can do a lot to avoid signing up with a rogue casino by choosing one with a good reputation and one that is subject to regular audits of payout percentages.

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