What is a casino bonus?
A casino bonus is a tool to attract players and increase their gaming activity.
The most common practice is to credit the user with a sum of money to the bonus account, provided the player has made a deposit. For example, the user has deposited £20 and will be credited with another £20 in the bonus balance.
In turn, the bonus balance is always subject to wagering. That is, the player cannot simply withdraw money from the bonus account. Otherwise, the casino would simply go bankrupt.
Wager 🤔 Why didn’t I know about this before?
Wagering is a requirement to make a certain amount of bets. For example, you have received £20 as a bonus. You must wager 40 times the amount of the bonus before you can withdraw it. That is:
What are the chances of not losing your wagering balance?
Perhaps if every player asked themselves that question, casinos would go bankrupt again. Twice already for this article:)
The chances of wagering the bonus are slim. With a wager of x40 and an average RTP = 96%, the chance of winning the bonus without making additional deposits is about 1 in 5. In other words, you would need to make 5 attempts to win back the bonus just once.
Please do not take these figures as accurate or as a recommendation. It is more of a guideline, for a general understanding of the matter.
There is only one conclusion from all of the above. No need to look for ways to make money in the casino. In online casinos, you can only look for entertainment. Adrenaline. And a 100 deposit bonus – will help increase adrenaline by 100%.