Q: Why should I use a deposit bonus?
A: There are many reasons why this form of offer has become a hot commodity amongst casino aficionados. It’s known to be a stress-relief factor, as players are known to play in a much more relaxed manner when they’re not risking their own money. This is especially true for high rollers, who can get off to a great start if they time their wagers the right way. Without stressful thoughts pertaining to finances, you can make decisions that are more sound and methodically conceived.
Of course, there is also the notion of setting up a financial cushion to mitigate your losses. While this doesn’t seem like much at first glance, having an extra $30-50 can be a commodity if you’re experimenting with new strategies. Table games players in particular can definitely use such a boost.
Q: Why should a casino be willing to give deposit bonuses to players?
A: A deposit bonus is perhaps the best incentive for casino enthusiasts to register an account on that particular site. Even the most skeptical players think twice when faced with an opportunity to get more than they paid for. If the bonus is a part of a welcome bundle, it can also be a great way for the player to get to know the site from the get-go.
Because you’ll be playing with what’s basically free money, it will be easy to determine whether various elements of the site suit you or not. Such an approach gives casinos a great chance to show off their qualities in a short period of time and win over players that will most certainly return.
Q: Are there any downsides to using a deposit bonus?
A: Even though the overall impact of this type of promotion is indubitably beneficial, there are still some flaws in this way of gaming. For starters, wagering requirements can be a real nuisance at times. They exist because casino sites would go bankrupt by just allowing everyone to take the money and withdraw it.
To keep things at least a little bit fruitful, casinos impose wagering requirements, which is basically a number which dictates how many times you have to wager your bonus before withdrawing the winnings. In some cases, it can exceed 50x, which can result in a lot of money lost in the process.
There is also the bonus contribution rate, which determines how much does playing a certain game impact the wagering requirements. Games with a high house edge, such as slots, have a 100% contribution rate more often than not, mostly because it’s so hard to win consistently. This effectively lessens your chances of claiming your cash in a quick manner.
Q: How do I know if I’m eligible for a deposit bonus?
A: To find out whether you meet the necessarily requirements for claiming a deposit bonus, you should read the terms and conditions of the offer you’re interested in. Most casino sites only allow new players to partake in this promotion, but the definition of the term ‘new player’ can be interpreted in two different ways. The first defines it as a newly created account, while the second views it as a player who already has an account, but hasn’t made any deposits yet. To be sure about what you’re getting yourself into, scour the site for more information.
Q: Which games impact the bonus contribution rate the most?
A: Slots, by far. Since the only way you can impact the outcome of such games is to increase or decrease your wager, it’s hard to win a significant amount of money. Therefore, casinos are more than willing to give you a chance to run it up, knowing that such an occurrence is extremely unlikely. In fact, paying out a huge slot jackpot or a bonus from time to time is actually pretty feasible for most sites.
Table games, on the other hand, have an almost nonexistent contribution to play-through requirements. This is because they have a plethora of variables that you can essentially affect, which gives you a chance to create a strategy and win more often than the average player.
Casinos would go bankrupt if, let’s say, blackjack had a bonus contribution rate of 100% because you really can improve your gameplay. Instead, table games hover around the 2-5% ballpark, effectively disregarding them as potential paths to claiming your winnings.