Is It
Smart To Accept Casino Bonuses
Bonuses have become a tricky deal for
players these days because there are so
many terms and conditions and the
biggest complaint that I usually hear is
where the player has broken the terms
and conditions, this usually because
they played a game not allowed, and then
went on to finish the requirements but
because they didn't stick to the letter
of the law, they lost any chance of
being able to cash out.
If you're going
to accept bonuses you must learn how to
read the terms and conditions, and make
sure you have read them all. Often there
will be two T&Cs, one that is the
general and the second which will be
specific for that deal you are entering
into an agreement.
Any time you're not sure, contact
support, and when possible, keep a copy
of your conversation (just in case).
I would also suggest to save time that
you provide the support with the urls
(the address of the pages) so they can
eliminate them from possible pages you
may have missed.
Are Casino Bonuses a Good
Deal for Players
There is considerable argument over
whether casino bonuses are a good deal
for players when you take into
consideration that even if the play-thru
requirements are reasonable that from
the perspective the casino counts
profit, they increase their profit
margin considerably if the player takes
the bonus and the conditions that come
with it. So if that is the case, then
how can the bonuses be good for the
player?
First please understand that casinos
count their money from the point of view
of how much money is wagered in period
of time. For instance, if a slot machine
is returning 95% then the casino earns
5% of all money wagered. So if you were
to bet a dollar then you'd get
ninety-five cents back although we all
know it doesn't work that way, but it
does average out that way.
What if the casino could get you to
wager that dollar using this equation.
2 (this figure on a 100% match bonus, it
could be higher) x (amount of times you
must play-thru the bet according to
terms and conditions for accepting the
bonus: this number will be at least 20
I'd estimate) and usually there are
certain games that you can play, usually
only slots. Just figuring 2 x 20 = 40,
the casino by getting the player to
accept the bonus which doubles the
amount of money the player starts with,
is then multiplied to the amount of
times the money must be wagered before
it is eligible to withdraw, assures the
casino will earn a hefty 40 times what
the player would have earned them, if
the player had come in and only wagered
their money over one time.
While it is unlikely a player would
wager their money over only one time
under any circumstances, I will use this
example to show you how the casino is
assuring itself it will make a set
amount of income off any player who
accepts the bonus offer that is an
extremely nice number. Forty to one at
the least.
Entertainment Value Of
Gambling
That understood, there are other
tangibles which should fall into
consideration such as why you came to
the casino in the first place? These
days it is hopefully understood (and I
think it is) that gambling is an
affordable means of entertainment when
approached in a correct manner meaning
you should never be gambling money you
cannot easily afford to lose because
that is just likely what will happen.
You might win too. Something no other
means of entertainment can offer, short
of perhaps going on a game show and
winning prizes. The player can actually
go and be entertained for a reasonable
amount of time and in some cases
actually walk away from gambling while
ahead, or very far ahead, and of course
have received all that time of
entertainment for free. What a great
deal!
So
if you're gambling in a healthy manner
then you are going to want to have some
time in the casino playing their games
which means that just like if you had
chosen to race miniature cars or go to a
movie, that the time you spend in the
casino is expected to cost something but
it doesn't have to be expensive as long
as the player gambles within their
means.
Most the casinos accepting USA players
(seen at right) have slot machine games
which can be played for as little as 5
or 10 cent credit values. That allows
for a lot of time spent gambling if you
stay at the lower stakes.
What's Best For You
In
the end my advice would be that if
you're going into the casino to get some
play time, then go ahead and take the
bonus with the understanding that you
must gamble a set number of times. Or if
that isn't a comfortable situation then
pass on the bonus.
If
you're all about hitting the casino for
some quick cash then I would say your
best bet is one of exposing yourself to
the house edge, as little as possible,
which of course means not playing a long
time. Actually in this case your best
approach would be to put all your money
on baccarat (pick a side, either way its
about a 50/50 shot, the odds slightly
favoring the banker) or one of the other
small house edge table games such as
blackjack (probably a little less than a
50/50 chance with BJ) or roulette (red
or black, get the single 0 game).