Bonus
Promotions For Suckers
Bonuses are for suckers.
Is
that true? To be completely honest, I
cannot say because I have never done the
math and frankly it hurts my head to
even think about the kind of equation it
must take, be it algebra or some even
harder kind of math, to figure out
whether you are better off (financially)
to accept a bonus promotion or not, but
I think we can all agree that casinos
are not created to lose money.
If
you consider that gambling is a business
which if ran in an honest manner,
is created to pay the customer back on
an average of about 95% what is wagered,
(not what is spent), then it is of
course to their advantage to have you
wager more often than not, so the math
gets a little bit easier to figure.
Leave out the actual figures, and
suffice to say that if they can get you
to wager your money twice as much as you
would have otherwise, then the casino
stands to earn twice as much. Double,
off the same person.
But how do we get the player to wager
their money twice as much? What about if
we give them twice as much to wager with
and then tell them that to do that, they
must accept our offer that they will
gamble this money as often as the terms
and conditions state.
Of
course, it took all of about
one-zillionth of a second for the
casinos to conclude that they could get
a lot more than double promised from the
players once they saw that extra wad of
casino cash in front of their eyes.
The offers that now flood the world of
online gambling have altered the waters
forever. One thousand, even two thousand
percent bonus offers exist at reputable
casinos, admittedly those numbers are
for a buy one dollar, get twenty-one to
new players only, (see Zodiac casino in
my guaranteed casinos section *no USA
accepted there at this time but there
are some great bonus offers available
for those in the states in the right
column).
It
has become a gamble of whether or not
the player can out last the play-thru
requirements rather than whether the
player can beat the odds of any
particular game.
Since it takes a math genius to be able
to tell whether play-thru requirements
are what is deemed fair or if they are
on the ridiculous side, then it is a
good bet that the odds have not changed
any further towards the player's
advantage when they accept the bonus.
Remember the longer you play, the more
likely it is that you will lose your
bank roll and that is why casinos offer
such big incentive bonus offers, because
they know that at the end of the day the
spread of large numbers will have helped
to bring around their bottom line to
what is predicted.
Short term or small numbers are not
nearly so subject to prediction which is
what makes winning a possibility very
much within reach and therefore gambling
a popular pastime.