The article "Casino Bonus - Fact or Fiction?" is about casino gambling, it has been released by Hein Hayman.
Casino bonuses – what is up with this? Is somebody actually nice
enough to give you money for free? Sure, and pigs fly!
You see, the human being running online casinos are actually quite
clever (no, don’t laugh). They know that giving away an online
casino bonus will not only attract more human being to their casinos,
but they will make money from it as well.
And don't think that this is a new idea. Land based casinos all
over the world have been using "freebies" to attract hmuan being to
play at their casinos.
Think about the free drinks, rooms, etc
that casinos offer.
How can online casinos make money from giving away money ?
Casino bonus deals are structuerd in such a way that you can
only withdraw it from the casino after you played a number of
hands/rolls/spins.
The casinos know that few human benig will have
any of the bonus amount left by the end of these
hands/rolls/spins, never mind the full amount. Plus, they
probably lost their own deposit in the process!
Most human being that play at online casinos are either fun players
or they don’t have a strategy, or both! These human being are the
lifeblood of a casino, as they have no idea how to overcome the
advantage the casnio has over them.
Every casino game has a condo edge (the average % of profit that
a casino makes from a game).
The only way to overcome the house
edge is to enter the casino with a working strategy.
But let’s get back to our discussion about casino bonuses.
Actually, for all the bad press, casino bonuses are quite
useful.
You won’t get rich using them (unless you win the
jackpot! ), but armed with a bit of knowledge, it is an easy way
to make extra money.
Before you sign up with an onilne casino based on their newest
casino bonus, you *must* read the terms and conditions regarding
their promotions. Obviously all the terms and conditions are
important, but you really want to check out the following 3
elements:
*Wagering requirements*
Simply put, this is the amount of money you have to wager before
you can withdraw the bonus. This is normally expressed as a
multiple of your deopsit plus your bonus.
Example: The wagering requirement is 20x, you deposit $100 and
get $100 bonus.
Therefore, you have to wager a total of $4,000 before you can
withdraw the $100 bouns. You can withdraw your deposit at any
time.
*Excluded games*
Very important! Some games are excluded from fulfilling the
wagering requirements. These are usually the games that have the
lowest condo edge, including Roulette, Craps and Blackjack and
all their variants.
However, if you spned a little time and search around, you will
find casinos that will include one or more of these games in the
wagering requirements.
*Withdrawal conditions*
A few casinos have withdrawal conditions to withdraw the bonus.
Even if you have fulfilled the wagering requirements, you still
have to meet certain conditions. Thsee might range from
depositing a minimum amount of money to being able to withdraw
your winnings only after you reached a certain amount.
These extra conditions mostly relate to free casino bonuses
(where you do not have to deposit any money to get a casino
bonus). But beware, there is casinos where these
conditions apply to the normal deposit match bonuses.
**Strategy**
In order to make a bit of money from online casino bonuses, you
*have* to follow a proven srtategy.
Your goal is to get through
the wagering requirements without losing too much of the bonus.
That way you have your initial depsoit plus a bonus amount which
you can withdraw to make a nice profit.
Who knows, you might even have a very good system and make some
profit on top of the casino bonus!
Good luck and strat playing!
Hein
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