Online casinos have numerous types of bonuses they give to reward new players for joining. That could mean a no deposit bonus, a one-time deposit bonus or a bonus pack. But for you to be able to make an informed choice as to what type of offer will agree with you, you need to know more about all of them. So, let’s see what are the good and the not-so-good characteristics of the two deposit bonus types.
I’ll start with the deposit bonus offer, about which I am sure you know a thing or two. This is a one-time bonus which is usually directly connected to the amount that you put in. For example, if you have a 200% bonus of up to £600, that means that you will need to deposit over £300 or just that amount to be able to profit from the offer to the fullest. But imagine a bonus of up to £2,000. As appealing as it may seem, you will need a really big initial deposit, to be able to claim all the bonus amount at once. Always pay attention to the match percentage of the offer, not just the amount. Because if you compare only the amount, you might get tricked into taking a highly unprofitable deal.
Let me give you an example. If you compare the two bonuses that I mentioned in the previous paragraph, you will think that £2,000 is a lot better than £600 and you wouldn’t be too far off from the truth. But if I tell you that the smaller bonus is better, then it is probably due to the match percentage of the offers. You see, one bonus is 200% up to £600, which means you will get double your deposit as bonus, while the second one is 50% up to £2,000 and you know what that means, right? Yes, an initial deposit of £4,000, to get only half of that amount as bonus.
So, my friends, keep your eyes open and choose carefully, because as I mentioned in the previous 2 lesson, there are also wagering requirements and bonus playthrough that you need to comply with. And somehow having to wager £6,000 around 20 – 30 times in only one month doesn’t seem plausible to me.
This is just about all you need to know about the one-time deposit bonus and how to choose the best one for you. Our next lesson will cover the other type of bonus – a bonus pack or a string or reload bonuses and see what makes it better or worse than a one-time bonus. Until then, have fun and stay safe.
Month: February 2016
Bonus Wagering Requirements Part II
We spoke last time briefly about the different types of casino bonuses and the wagering requirements attached to them. But there is another important aspect that I promised we will cover in the second part of this lesson – game contributions. Let me explain.
First of all, I mentioned before that almost all bonuses have certain conditions that you need to comply with before you will be able to withdraw it, along with your winnings. But you should always check the wagering contributions for your favourite game or games, because otherwise you might end up not being able to play through the bonus and you could stand to lose it after the validity period has expired.
The way it works is every £100 played at a specific game category or variation contributes with a certain percentage to the wagering requirements. For example, since most of the times slots have a 100% contribution, £100 played on any slot will fully contribute to the bonus playthrough, while the same amount wagered on roulette will only have a 10% – 25% contribution.
Of course, this also depends on the type of bonus you choose, because it’s only normal that a slot welcome bonus can only be played on slots, so all other games will be excluded. Nonetheless, this does not mean that you cannot play them, they simply won’t help you with the bonus playthrough. Or let’s say you claim a special bonus for live-dealer games, it’s only obvious that you will have to play it on the dedicated games.
Most of the times slots, video poker and arcade games, such as Heads or Tails and Paper, Rock, Scissors have a 100% contribution, while tables games or some of their variations may have little to no contribution whatsoever. This is why it’s a good idea to check the terms and conditions of a certain bonus offer before claiming it, so as to make sure that you can use the bonus to play your favourite games. Moreover, sometimes certain variations may be excluded due to the high RTP (return to player), which implies a very small house edge.
Such is many times the case of French Roulette, which has a really high RTP of 98.65% and at some casinos this game has 0% contribution. The same thing can be said about Blackjack Switch, the best variation to play, once more thanks to the RTP of 99.42%. So, this is just about it on the subject of game contributions and I wish you the best of luck until our next lesson.