What You Need to Know Before You Compare Casino Bonus Money
What is a Casino Bonus Money?
When people compare UK casino bonuses are always high up on their list of priorities. There are several kinds of casino bonus money, and for newbies one of the first types you’ll encounter is the Sign Up Bonus. Basically, when you sign up and deposit money to a casino, you’ll be given a bonus which can range from 20-100% of the amount of money you deposited.
Sounds great, right? It is but be careful, because there’s really no such thing as a free lunch. You have to do your homework instead of signing up on impulse due to the huge bonus you stand to receive.
Casinos in general are in business to make money from gamblers. So there’s a catch to receiving bonus money. Usually, the catch is you are unable to withdraw your bonus money until you have made bets (there’s usually a set amount), referred to as Wager Requirement.
Why The Need for a Wager Requirement?
When you compare casino bonus, you have to check the wager requirement of a particular casino website you’re planning to sign up with. WR’s are there because the casinos need to protect themselves. If all gamblers quit while they are winning then the house will end up losing money. The WR basically was created to act as a counter-measure against smart gamblers (we say responsible gamblers!).
So when looking at a particular casino, you need to read their Terms and Conditions before signing up. The WR will have an impact on your gambling strategy.
Taking Advantage of Your Bonus Money
After you compare UK casino bonuses the next thing you do is of course to make full use of your bonus money. Play like the pros by doing the following:
1. Play only games that are considered stable and give you a big chance of actually winning. So stay away from games that require skill.
2. Secondly, after you have picked a game, you need to learn the techniques and strategies used by the pros. By mastering the game, the house advantage is lowered significantly. Of course you could still lose money but you will lose a lot less if you have learned the skill.
3. Then make sure you are able to meet the Wager Requirement. Practice some self control until you are able to reach the minimum requirement. Once you’re there, play a bit more and then withdraw the money you have in the account.
What are the Game Restrictions?
The restrictions set by the online casino can vary. But they are there to protect the bonuses they give you. The wager requirement is clearly displayed on the website of a reputable online casino, and you’ll often see this with a number and the letter X. So if you see 20X under wager requirement, it means you have to place a bet twenty times before you can get your bonus.
Casinos often allow wagering on a game of Blackjack but the contribution is only a small percentage, around 10%. So if you wager £200 playing Blackjack then your contribution to the bonus requirement is only £20.
On average, online casinos don’t lose when they give bonus money. That’s because even if, for example, the welcome bonus is 100% up to a maximum of £250 with 30X deposit. So if you compute that, it’s £250 + £250 = £500 x 30 that’s £15,000 and with a percentage payout of 97.5%, the remaining amount is still £375. This amount is obviously bigger than the £250 being offered as a bonus money.
The Different Bonus Categories
There are many bonuses available and you need to familiarize yourself with all of them when you compare UK casino bonuses. Take a look:
1. Cashable Bonuses – These are basically cashable so you need to complete the wager requirements to be able to cash in. Read the website’s terms and conditions so you will know exactly what is needed to cashout on your bonus.
2. Sticky Type 1 Bonuses – This type of bonus can be used to wager but it does not allow withdrawal. The bonus may provide you with winnings and in that case your winnings from the bonus can be cashed out. However, you still need to keep your bonus amount in your account.
2. Sticky Type II Bonuses – For this particular type of bonus, it’s sort of like the Type 1 however what makes it different is that the Type 2 bonus won’t be taken out when you withdraw. This bonus amount can be used for wagering and you will be able to keep using the amount to boost your chances of winning.
Hopefully, you are now more knowledgeable about casino bonuses and will be able to use this information to your advantage. Remember that bonuses are great to have but it does not mean you should automatically go with the website offering the biggest bonuses. You need to compare casino bonus and read the terms and conditions as well. By doing these things, you’re assured that you’re dealing with a reputable casino website that will give you the opportunity to enjoy playing casino games online.
Contact :
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United Kingdom
Phone : +44 (0) 1138 300 941
Toll Free Number : +44 (0) 1138 300 941
Email ID : support@casinopapa.co.uk
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