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28 October 2011 - 12:50am

Online Bonuses

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I am sure this has been discussed before, but I want to learn more about bonuses, because maybe I am missing something.

Is it best to just not take bonuses? And if so, then why should we even seek them out or get all excited about them?

I always used to get a bonus with my deposit, until accepting the bonus almost backfired on me and I ended up cashing out over 50 bucks less than I would have if I had met my play through. I mean, it is nice to have my deposit doubled, but then if you win right away it doesn't make sense. Knowing my luck, lol, I would win some giant jackpot on my first spin and not be able to cash it out.

Am I missing something here? Should we always just refuse bonuses and just play with what we can afford? In addition, accepting bonuses restricts our play, when we might want to try out other games, such as video poker, right?

What does everyone think? CL-Ed what do you say?

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ushope777
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28 October 2011 - 12:52am
#1

I do like the new player bonuses and to me, those make sense if you go in knowing there is a cap on what you win, and it is also a nice way to be able to try out different places. I am basically talking about future bonuses where the deposit is doubled, etc.

I just wanted to clarify.

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auCL-Ed
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28 October 2011 - 2:53am
#2

Whether to take a bonus is up to your individual taste. On the one hand they give you extra money to play with and therefore extra playtime, but on the other hand the wagering rules mean that you have to do all that playtime whether you want to or not. And of course there are often restrictions on which games you can play.

I used to take a bonus everywhere I played a few years ago. These days it is very rare for me to take a bonus because like you say, I don't want to be in the position where I cannot withdraw after a good win. I would rather log in, play for an hour or less and if I am ahead, withdraw.

Here are a couple of rules of thumb that I use to decide if a bonus is worth it or not:

  • I only take a bonus if the wagering requirements are 30xB or less. If they allow blackjack or video poker I might go up to 40xB if its cashable and a decent percentage. And yes, bonuses like this are rare.
  • Never ever take a bonus that has a cap on the amount you can withdraw (apart from free chips which almost always have such a limit). Bonuses with withdrawal limits are just designed to limit the casino's losses so they are very unfavourable to players. Imagine hitting a million dollar progressive and being told "sorry you can only withdraw $3000"!

Always read the fine print before taking a bonus! If the bonus is automatically added when you deposit, and you're not sure if you want it, take 5 minutes to read the terms and if you don't like them contact support and ask to have it removed before you start playing. We do our best to include a summary of the terms of each bonus on here, but ultimately you are responsible for reading and understanding what you are signing up to at the casino.

So I guess in the end it is up to you to decide what you want. If you value the ability to withdraw as soon as you hit a big win highly, then you probably won't want to take too many bonuses.

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auyobes
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28 October 2011 - 3:26am
#3

those rules sound good to me. As an old blackjack whore its hard to find a good blackjack bonus these days that I havent already done yet

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29 October 2011 - 3:47am
#4

Thank you, CL-ED. That makes a lot of sense. Like I said, knowing my luck, I would win the big one before I met play through. I was using bonuses until one backfired on me, and I wasn't able to withdraw as soon as I could have. I do like having that extra money to play with, though. Tough decision, sometimes, but the lower play-through is an absolute must.

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cathenatural
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7 November 2011 - 8:11pm
#5

Nice information, b/c I usually like to take the most attractive bonuses. thank you so much!

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