Casino Bonus Tricks You May Not Know
Online casino bonuses can be found now more than ever, and while they all say they can give you extra value, the fact of the matter is that this isn’t necessarily the case. There are some major tricks that some online casino sites have up their sleeves when it comes to making players think they are getting a much better deal than they really are. Our goal here is to help you to identify some of these tricks, how they work and what you can do to avoid them so that you can stick to the best offers out there for your particular games.
The first trick you need to know about is making a bonus non-cashable. The standard used to be that once the terms and conditions for a deal were completed, you could cash out an offer just like if it was cash. However, many modern bonus offers do not allow you to cash out the bonus amount. This is a bit of a trick because it drastically decreases the value of the bonus for you. The lone exception to this is if you’re a pokies player who wants to either nail a big jackpot or go broke because then the non-cashable aspect of the bonus won’t affect you.
Another trick that can happen in the terms and conditions are over-sized wagering requirements. Sometimes the wagering requirements of a deal are so large that the house advantage on that play will actually cost you more than the bonus is worth. This requires a little bit of math to be able to understand, so we’re going to work through a quick example.
Suppose you’re getting a 100 percent bonus with a 35x wagering requirement on the bonus and deposit on a game that has a house advantage of two percent. Your total play-through is $200 * 35 which is $7,000. You can take two percent of $7,000 to get a house take of $140. The problem is that you’re only getting a bonus of $100 with these wagering requirements, so you’re actually taking a loss of $40 to cash in on the bonus. What’s more is that if the bonus itself wasn’t cashable, then it would be that much worse.
With a little math and a quick study of the terms and conditions of an offer, you can avoid these tricks and stick to the offers that give you the most value.
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