Bonuses are a great form of marketing for online casinos, and most offer sign-up bonuses for new players making their first deposit. With so many respectable online casinos offering sign-up bonuses, there’s no reason to choose an online casino that doesn’t offer sign-up bonuses. Gambling sites justify offering these bonuses and hopefully you will return to their sites time and time again.
With the new player bonus, the agilabet casino is essentially giving away money in exchange for your agreement to wager a specified minimum amount. You may be required to wager a certain multiple of your initial deposit or bonuses deposited into your account before you can claim your bonus. To meet your bonus wagering requirements, the house edge of the games you can play will help determine how likely you are to walk away with your bonus.
At some online casinos, you may be restricted Table Games from choosing low-margin games or hedging bets (such as betting black and red on roulette) to meet your bonus wagering requirements. It is very important to carefully read a particular casino’s requirements for claiming bonuses, as requirements can vary greatly from one casino to another.
Some internet casinos offer what are called “sticky” bonuses. These bonuses will become part of your balance but cannot be cashed out separately. Sticky bonuses “stick” to your account until lost. Obviously, these are not as lucrative for you as simple bonuses.
Some online gambling sites also offer compensation points that are common at brick-and-mortar casinos. These Rewards Points can be redeemed for prizes, cash or other types of rewards. The amount of each bet depends on the game you choose. For example, the casino might give you 3 bonus points for every $10 you wager on slot machines, and 1 bonus point for every $10 you wager on blackjack (since the house edge in blackjack is much lower than that in slots). Every 100 rewards points might be worth a dollar. In this case, this effectively means that the casino will return 0.3% of your slots bet, but only 0.1% of your blackjack bet.
In theory, it can be profitable with some bonus structures. Considering blackjack, the house edge is about 0.5%. If you bet $1,000 with a house edge of 0.5%, you can expect to lose $5. If you received a $100 sign-up bonus and subtracted an expected loss of $5, you would expect to earn $100 – $5 = $95. But you have to double check the site’s bonus terms and conditions to see if this is allowed.
Casinos have strong IP tracking software that prevents the same player from registering multiple times under multiple names for more than one bonus, so this is something you definitely don’t want to try as it will get you kicked out of most online casinos. However, there is a lot you can do to avoid signing with a rogue casino by choosing a reputable casino that is regularly audited for payout percentages.