Understanding Online Casino Bonuses | Bitcointalksearch.org

krishnaverma

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Quote from: crzy on May 28, 2018, 11:33:45 PM

There are rules and regulations about the bonuses so people must read this to fully understand on how bonuses works in online casinos. This is one way of attracting players and for sure something is hidden on this kind of advertisement. You win for sure in short run but expect to lose more money in the long run so better to be wise while playing with online casinos.

I agree. There are different wager requirements in different websites and thus you should gather all this information beforehand. It is mentioned clearly in rules section.

Then there are special bonuses on some exchanges as well. These are usually given for making the deposit through a particular payment option. One such payment option is Neteller and you can expect about 10% extra as bonus with this payment system. One should read all rules to make best use of these options.

crzy

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Quote from: krishnaverma on May 27, 2018, 12:29:31 PM

Quote from: Devawnm367 on May 24, 2018, 01:37:40 PM

I do love online casinos for the depisit bonus,almost everyone of them give atleast 100%bonus some even up to 400% or 10btc, they usually always require a deposit. Before the bonus though.

In addition to deposit bonus, there are some other types of bonuses as well.

Like there are on-going bonuses. This means that you are given bonuses from time to time. The purpose of these bonuses is to retain the current players. There are hidden conditions with these bonuses as well. In most of the cases, you are required to wager certain amount for these bonuses to be released.

There are rules and regulations about the bonuses so people must read this to fully understand on how bonuses works in online casinos. This is one way of attracting players and for sure something is hidden on this kind of advertisement. You win for sure in short run but expect to lose more money in the long run so better to be wise while playing with online casinos.

milewilda

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Quote from: Anandhi on May 28, 2018, 05:10:42 PM

Quote from: krishnaverma on May 28, 2018, 12:05:12 PM

Quote from: diodora on May 28, 2018, 06:24:02 AM

On most of the online casinos, there are first deposit bonuses. As evident by the name, they are given one time at the time of registration.

Most of the users are confused regarding how these deposit bonuses work.

Suppose a website gave 200% first deposit bonus. This means that if you deposit $100, you will get additional $200. Thus, you get total $300 to play with. There are wagering requirements here as well. It means you have to play some games with that $100 and then the $200 bonus is released.

Most deposit bonuses will be hard to achieve and if we don't read the term carefully we can have a misunderstanding too. It is better to ask the support if available before we try to get such bonus.

Its not necessary for you to ask support related to this matter because promotions would really have always terms and conditions attached with that unless if you cant find such information then thats the time you would really need to ask if you are hesitated on what would be the roll over requirement. Its not really confusing because terms can basically understand with just a simple reading.It isnt really hard.

Anandhi

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Quote from: krishnaverma on May 28, 2018, 12:05:12 PM

Quote from: diodora on May 28, 2018, 06:24:02 AM

On most of the online casinos, there are first deposit bonuses. As evident by the name, they are given one time at the time of registration.

Most of the users are confused regarding how these deposit bonuses work.

Suppose a website gave 200% first deposit bonus. This means that if you deposit $100, you will get additional $200. Thus, you get total $300 to play with. There are wagering requirements here as well. It means you have to play some games with that $100 and then the $200 bonus is released.

Most deposit bonuses will be hard to achieve and if we don't read the term carefully we can have a misunderstanding too. It is better to ask the support if available before we try to get such bonus.

panjul07

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Quote from: btcmura on May 28, 2018, 09:47:19 AM

There might be additional requirements before you cash the bonuses. For instance, you may be asked to make a deposit before withdrawing. Then you have to wager (play games worth some amount).

Obviously you need to deposit as here we are talking about deposit bonuses, not about no-deposit bonuses.

Quote from: diodora on May 28, 2018, 06:24:02 AM

On most of the online casinos, there are first deposit bonuses. As evident by the name, they are given one time at the time of registration.

First deposit bonus is not given at the time of registration, as its name "first deposit bonus" so it is given at the time you make your first deposit.

krishnaverma

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Quote from: diodora on May 28, 2018, 06:24:02 AM

On most of the online casinos, there are first deposit bonuses. As evident by the name, they are given one time at the time of registration.

Most of the users are confused regarding how these deposit bonuses work.

Suppose a website gave 200% first deposit bonus. This means that if you deposit $100, you will get additional $200. Thus, you get total $300 to play with. There are wagering requirements here as well. It means you have to play some games with that $100 and then the $200 bonus is released.

btcmura

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There might be additional requirements before you cash the bonuses. For instance, you may be asked to make a deposit before withdrawing. Then you have to wager (play games worth some amount).

diodora

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On most of the online casinos, there are first deposit bonuses. As evident by the name, they are given one time at the time of registration.

merkuriya

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Online casinos have many benefits in addition to bonuses. Primarily, it is quite easy to gamble on an online casino as you need just a computer and internet connection for that.

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Online casinos are giving good competition to traditional casinos because of a number of reasons. Bonuses offered by online casinos is one of them.

krishnaverma

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Quote from: Devawnm367 on May 24, 2018, 01:37:40 PM

I do love online casinos for the depisit bonus,almost everyone of them give atleast 100%bonus some even up to 400% or 10btc, they usually always require a deposit. Before the bonus though.

In addition to deposit bonus, there are some other types of bonuses as well.

Like there are on-going bonuses. This means that you are given bonuses from time to time. The purpose of these bonuses is to retain the current players. There are hidden conditions with these bonuses as well. In most of the cases, you are required to wager certain amount for these bonuses to be released.

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Quote from: Betwrong on May 22, 2018, 05:14:02 AM

If you receive a deposit bonus your withdrawal is normally being locked until you wager a certain amount and the amount is so huge in some cases that you will most likely lose your bonus and your deposit while trying to meet the wager requirement. But there are other bonuses, like free rolls for example, which I use regularly on different poker sites. Not saying that I make a lot of money with that, but at least I can play my favorite game without risking my money.

I don’t want to get this thing intentionally but what I know is this business is just making harm to other people. We shouldn’t be doing working in a way that people get harmed from our work. This game is just about ruining the lives of people and we don’t have to do this. So better is to leave this online gambling business and adopt some respectable source of income other gambling.

stomachgrowls

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Quote from: panjul07 on May 22, 2018, 12:47:30 PM

Quote from: tabas on May 22, 2018, 03:24:30 AM

400% is very unreliastic, it's like you have to go with many obstacles before getting it for real. If most of the casino's will do it easily and are generous enough to offer more than you have deposited, all of them will be bankrupt.
What others said are correct and true, there's a hidden condition on it.

No casinos will be bankrupt because of such bonuses because they have calculated it very well to make it big -EV for players but make it look like a +EV for players using the high percentage bonuses. No casinos will be so generous to give free big bonuses without hard terms to be completed by players.

Correct, they are not building a charity on here to be generous on giving out money into its players.If theres a bonus then expect it is already been part of their plan to make profits.It may turn out to be beneficial for us on our own view but most gamblers do failed out to see this thing which the actual purpose of these bonuses are just to lure in people into the site.When you already realize that bonuses are shit things when you lose up your money due you cant able to get out with the rollover.

Devawnm367

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I do love online casinos for the depisit bonus,almost everyone of them give atleast 100%bonus some even up to 400% or 10btc, they usually always require a deposit. Before the bonus though.

panjul07

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Quote from: tabas on May 22, 2018, 03:24:30 AM

400% is very unreliastic, it's like you have to go with many obstacles before getting it for real. If most of the casino's will do it easily and are generous enough to offer more than you have deposited, all of them will be bankrupt.
What others said are correct and true, there's a hidden condition on it.

No casinos will be bankrupt because of such bonuses because they have calculated it very well to make it big -EV for players but make it look like a +EV for players using the high percentage bonuses. No casinos will be so generous to give free big bonuses without hard terms to be completed by players.

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Quote from: buwaytress on May 16, 2018, 03:53:04 AM

Quote from: Qartersa on May 15, 2018, 05:10:03 PM

Bonuses are actually honey pots. They are not there to be given out for free. The terms and conditions on those bonuses are quite hard to reach and in the end you will actually just lose everything before you even get the bonus. That is why bonuses on gambling sites feel scammy, because it is almost impossible to get the bonus anyway, they just make you want to bet more and more without realizing that the fact is that it is next to impossible to do the roll over requirement.

Absolutely true for the most parts. Especially on those casinos that offer slots (thanks to the extremely high edges on slots) - this is where you find those impossible to believe bonuses of 200% to 500% even. All the rollover requirements end up putting you in tough -EV positions that really do require you to be extremely lucky, or play really long streaks of microbetting.

I will say though, that a lot of fiat casinos online have good bonuses for first-time players and made a modest sum 3 years ago when I started opening accounts on a lot of UK bookies like Betfair. The bonuses were either free wagers or enhanced odds (I always went for the latter)... when Liverpool had their good run in the Europa League I won a series of x20 bets on each win. Rolled over the free wagers and won back real money.

In the end, what serves you long term are the best odds (which is why I stick to my sportsbooks) and cashback programmes.

Although sportsbooks in the UK are an exception here, I've read in the past that people are even paying UK residents to make them accounts on those sportsbooks operating in the UK exactly because of what you said. I am not sure why it is easier to hit the bonus requirements in the UK than other countries but that's something we can say as an outlier here. Aside from what you stated, all bonuses are just something to trick people in believing they are going to get free money by betting.

Betwrong

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If you receive a deposit bonus your withdrawal is normally being locked until you wager a certain amount and the amount is so huge in some cases that you will most likely lose your bonus and your deposit while trying to meet the wager requirement. But there are other bonuses, like free rolls for example, which I use regularly on different poker sites. Not saying that I make a lot of money with that, but at least I can play my favorite game without risking my money.

tabas

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400% is very unreliastic, it's like you have to go with many obstacles before getting it for real. If most of the casino's will do it easily and are generous enough to offer more than you have deposited, all of them will be bankrupt.
What others said are correct and true, there's a hidden condition on it.

wuvdoll

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Quote from: krishnaverma on May 14, 2018, 11:25:38 AM

What I like the most about the online casinos is the bonuses they offer. They offer bonuses up to 400%. This means for $25 deposited, you get $100 as a bonus. However, there are various hidden conditions and also there are some other types of bonuses. What is your opinion and experience related to online casino bonuses ?

Of course there will always be hidden conditions and the main thing about the bonuses is to keep enticing the young soul into gambling. Most of the time, the condition is to gamble it and wager a certain amount before you can even withdraw it if I am correct and the more you keep doing that and expecting to win, you will keep giving the platform more money to run their business. That is absolutely the way I see it anyway as someone else may see it otherwise.

krishnaverma

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Quote from: Wendigo on May 14, 2018, 12:39:55 PM

You better read the fine text and see what the rollover requirements are before making any deposits otherwise you might be awfully surprised.

I agree to this, one should do all research. There are some precautions to take with the online casino bonuses as well. First of all, you should not join a particular casino only because it offers the highest bonus. You need to compare other features as well like the credibility of the casino. If you were offered 500% bonus by a new casino and then cheated by them with the deposited money, it will not feel nice for sure. Thus, make sure you have done proper research about the casino (like reading reviews) before getting tempted by the bonuses offered there.

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