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I am sure this is an often visited subject but why are the roulette bonuses given by just about all online casinos almost ridiculous? What I mean is that to win the bonus you need to wager the whole amount a certain number of times (correct?). If this is right then most casinos seem to want you to wager the whole bonus up to 1500 times if I read correctly about some casinos, some are 40 x but even so you need to gamble the bonus of say 50 dollars 40 times which is total amount wagered of 2,000 to keep 50? Ummm, I must have this wrong no? It seems illogical to offer it in anyway as a bonus. If not someone should mention this to the casinos because it is very obvious to anyone who has ever been anywhere near a roulette table online that the only way to win it would be to play extremely slowly over a very long period of time which completely defeats the fun of the game. Perhaps they should call it 'overtime' and not a bonus at all.
Yes you are right but it is with good reason that they do this.
It is because roulette is fairly simple to exploit in terms of clearing the wagering requirements by placing very low risk bets. For example placing half your bankroll on both red and black on the same spin. If the bonus is cashable (ie you can withdraw it after meeting the requirements) then it can be a quick and easy way to clear some or all of the requirements very quickly.
Different casinos deal with the problem in different ways:
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I just remembered - if you're ok with a £1 minimum bet, Betfair has a "zero lounge" roulette game with no 0 on the wheel. i.e. no house edge at all.
You can't play in the zero lounge while claiming a bonus, but if you don't want the restrictions associated with a bonus then its an option worth considering.
I also checked their site and tucked away in the "Arcade" section of Betfair they have a low-stakes roulette game, but it does have a 0 on the wheel!
Thanks Ed, sorry to make you repeat yourself as I see you covered this issue of wagering requirements well in another recent thread - next time i will try and look before I leap. However from what you say it still seems a little impossible to play and win any "freebies" given like that 🙂 Pushing the boat out even more what are the best (and most honourable and I say that with a smile on my face) casinos who dish out loyalty bonuses according to the amount wagered in one month on which there are no restrictions - its just bucks in the account once a month? I think Intercasino do and WHG? Any others?
It can be difficult winning these days. I say "these days" because a few years ago when I started playing at online casinos the bonus offers were unbelievable. Things like 300% fully cashable bonuses that allowed you to play blackjack with only 25xB wagering requirements. It was possible, indeed easy in many cases, to play basic blackjack strategy and walk away with a $250 profit just by claiming the bonus and playing low stakes until the wagering was completed. The problem for the casinos was that the bonuses they were offering had positive expected value for the player (i.e. on average the player should end up a winner).
But alas, the casinos aren't stupid any more (well most of them) and most have put a stop to the easily exploitable bonuses. The majority of bonuses are for slots play as it is harder to exploit like that. And on the positive side of things if you're looking for a big jackpot when you are playing slots then the bonuses can give you a lot of extra spins.
As far as loyalty bonuses go, there are different types. The most common is your standard comp points program, which almost all casinos offer. This is based on the amount you wager, and can usually be redeemed for cash.
The other main one is cashback, which is usually a credit based on the amount you lost the previous month or week, not what you wagered. This is almost always credited as a bonus, which means there are wagering requirements attached to the "cashback" you receive.
Intercasino confuses things by calling their comp points program the "cashback club".
You have actually given me an idea to add information about both of these things to our reviews. And perhaps a way to easily compare comp point programs between casinos. It is added to our todo list!
That would be neat Ed, I think it is well worth a look and also a piece demystifying the different names for what they really are (ie intercasino comps)? You are excellent at decoding all the waffle and in double quick time too. I owe you a pint already 🙂
Hmm I always try to avoid roulette bonuses... Actually, I most of the time avoid all the bonuses offered, as I do not believe that they work- the limits on them usually is placed on withdrawals- you either cannot ever withdraw your money won by bonus betting, or can withdraw only a little part of it...
It plays on my nerves a lot, so I never ever use offered bonuses at online casinos...
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