zaRoulette-Thief
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15 April 2022 - 8:53pm

Casino bonuses - are they worth it..?

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Hi guys - Are casino bonuses worth the hassle? With such stupid targets to reach (deposit 100 - get 200etc) it can be quite appealing for the extra to play with, however, you wont be able to withdraw anything until you have reached the bonus requirement, which for that bonus might be 2000. So in reality you have next to no chance of cashing out when playing?

Firstly, Am i Missing Something? Secondly should I cover this in the book I am writing?

auCL-Ed
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16 April 2022 - 2:20am
#1

At a very high level - no. They are fool's gold.

A long time ago casinos used to make loads of quite generous offers with low wagering requirements that were actually mathematically advantageous for the player to claim. They did this as a loss-leader to acquire customers that they hoped would stick around. Smart players just hopped from one casino to the next, only ever claiming the juicy bonuses and the casinos lost money on them.

So over the years the wagering requirements have gone up, and we've seen a host of other unfriendly rules like bet size limits, non-cashable bonuses, restricted games etc. Nowadays a bonus that is valuable for the player is rare as hen's teeth. The vast majority are traps designed to make players wager longer than they would like in case they have a win. This decreases a player's odds of winning over the long run.

But the bummer is that the entire industry is addicted to bonuses. Most players want them despite these facts, and casinos pretty much all compete based on bonus offers rather than service levels. When we review a casino sometimes we ask them what makes them better or different to other casinos. 99 times out of a 100 they start going on about their bonus.

More in depth info here: Beginner's guide to casino bonuses

4 Lambino, Vanilipas, blck, mowo

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lvblck
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16 April 2022 - 5:38pm
#2

Thanks Ed, that was a great response. I agree with you for all of it. Nowadays unfortunately bonus terms are extremely complicated and there's almost always a hidden stone- huge list of restricted games, extremely low max bet that's allowed, low maximum Cashout and so on. Also wagering requirements these days are extreme- you're lucky if you find ones with 40x bonus wagering- I'm so surprised that there are casinos that have 40x deposit + bonus wagering- but again, I'm sure there are players who claim them, hoping for a big win that will help to clear the wagering.On top of that, it's also marketing- how often do we see "200/ 300 free spins for your deposit*" only to find out that it's 10 or 20 free spins per day on 10 cent slot for 10 days. That, combined with lower RTP games make it seem almost impossible to actually make a Cashout from a deposit bonus.

2 CL-Ed, mowo

zaRoulette-Thief
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17 April 2022 - 11:05am
#3

Thank you both for your imputs. So it wasn't just me thinking hang on a second here... I know the casinos are here to generate money, and new clients aka customers, however it seems more and more out there are just cash grabbing and its starting to hinder the entertainment. I just took my 300 and got it to 1000 but you guys say I can't cash out until I hit 10000 because of a bonus I didn't want?

I suppose its better that than banning every winner and system beater I guess. Lolz....

usBTC316
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21 April 2022 - 3:50pm
#4

I won't play at any RTG that places a max cash out on bonuses. I don't even mind a playthrough. But playing a game where you can hit big and then have to give a huge chunk back is frustrating.

One casino in particular used to have generous coupons with playthrough but no max cash out and then sneakily tried to say the rules changed and the cash out was capped (I won $4,500 and they paid out just $500; I harassed them until they caved and granted me the exception.)

mowo

usbarbadosslim93
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21 April 2022 - 5:09pm
#5

I learned not to take casino bonuses when the terms and conditions always came with a "gotcha" that kept you from cashing out. Things have changed in my home state though, as regulated operators can't completely scam you with bad terms. Heck, it's not uncommon for me to have 1x-5x wagering requirements on bonuses!

mowo

deVivene
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25 April 2022 - 10:48pm
#6

I think not, because if you win it will be difficult to withdraw this amount

zaLambino
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25 October 2022 - 11:21am
#7

Well said Ed , bonuses these days most certainly favor's the casino over the player but some casinos still give out some decent bonuses like wager free spins or wager free match bonus , a new trend im seeing is the bonus received gets locked in a vault and slowly gets released in increments as you wager but the wagering requirements are tough with gameplay only counting between 1% to max 35% but you can withdraw whenever you want without the bonus being cancelled and all no games are excluded from unlocking the funds , I like this bonus as its basically real money rewarded to you that you can request anytime as long as its in 10$ increments or above ten dollars

CL-Ed

auCL-Ed
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26 October 2022 - 12:28am
#8

Lambino that sounds a bit like the old fashioned post-wager bonus or reward, only released in increments. A long time ago some casinos would offer a bonus/reward that was paid into your account after you had completed the wagering requirements. The reward would be immediately cashable if you wanted to withdraw straight away. I used to like those because if you won a good amount early before you had wagered enough to earn the reward you could just cash out and forget about claiming it. But I haven't seen one of those for many years now.

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zaLambino
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26 October 2022 - 8:37am
#9

its true Ed they have become super rare to find the only casino I know of that has it regularly is BC Game and Videoslots welcome offer is slightly similar but has a few restrictions as well as different wagering requirements on certain games , would be cool if more casinos reintroduced them again

usknotroxi
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12 December 2022 - 7:17pm
#10

Right now I noticed Include has a lot of bonuses and alsO casino extreme and casino Brango does

lvblck
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18 December 2022 - 12:09pm
#11

Nowadays I prefer offers like Winz casino where you get wager free spins for a deposit. Or if it's a deposit bonus offer, the wagering must be 35x or 40x bonus max, but even those I claim less and less these days.

phklj10131983
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8 January 2023 - 10:42pm
#12

If its legit then why not..maybe you will win..

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9 January 2023 - 2:08pm
#13

Playing at online casinos has changed so much for the negative for players from Germanyand over the last 2 years. it has started that the state has announced to regulate online gambling and about half of all casinos have since left the german market... so online casinos are not very attractive anymore to me. but to your question ... yes I think there are only 2 possible scenarios how to make a profit in online casinos. as we all know, the bank/casino always wins with 99.9% of all players in the end

senior 1
you randomly play in an online casino and make a huge profit, can be paid out and then never play again, which almost never happens

senior 2
you play with a machine, i'll call it a kind of system...of course, systems don't really work in gambling. With "system" I actually mean using all available possibilities to minimize your losses and maybe even make a profit.
by minimizing my loss, i have managed to remain in the black for many years with a few thousand euros....luck naturally also played a big role, no question about it

I count the following points among my loss minimization measures

1 . only choose the casinos with the best conditions and play there. (use casinos with the highest rtp's, fire terms and conditions and of course the casinos' reward systems

2. make only 1 deposit in each casno, use the first deposit bonus/ welcome bonus (if the conditions are good only of cause) and then move on

3
always stay up to date which are the best games with the highest rtp% and only play these. If possible, avoid any game with an RTP% value below 96.5-96%.
avoid providers with variable RTP's or find out how high they are in the respective casino. for all this information
There are various sites that provide this data

4 always read the terms and conditions and bonus terms and conditions completely if you want to deposit in a new casino

That's how it worked for me....but today it's not really worth playing anymore, at least not for German players

2 CL-Ed, Vanilipas

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25 January 2023 - 8:21pm
#14

I cant say that even bonuses which are offered these days are not worth it. I take them. I get better results with them. For ex. if i have 20 euros for deposit and I make clean deposit so I lose it very fast if I dont get fast and good bonus game in the slot. But in that case if i take bonus and I have 40 I have twice bigger chance to catch luck. In first one scenario I can try only few games.
Another good thing is that when I play with clean deposit and I win little bit I want to run away. Thats how I miss mega wins.
But I avoid max cash out bonuses. If somebody would tell me that I will win 10x deposit I would say "thats cool", however this limitation takes fun away. There is paranoia that I will hit mega win.
But bonuses are good for low rollers. If you can afford to deposit bigger amount so its better to deposit without bonus I think.

2 CL-Ed, vomvom12

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27 January 2023 - 3:53am
#15

true...this limitation of payout 10x bonus amount or whatever is pretty commen this days
and and were the exception a few years ago..and this really suxxs hard and this whole casino
game become an even more unfair game as it was in the past

but guess what the casinos under the new german regulation are even more worth then
this it is sooo ridiculous. Originally, the intention was to give the player more security, so that if he won, he would receive 100% of his money and make the whole business more transparent. But at casinos with a German gambling license you can't win anything anymore because there isn't a single game anymore with an RTP value that is greater than 90% and for every game you play you pay an additional 5% gambling tax....hahahaha this is the situation with us

ltVanilipas
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27 January 2023 - 5:01pm
#16

In Lithuania casinos who has Lithuanian license doesnt have even right to give any bonuses. So its not fun anymore. However I am 100% sure that my winnings will always be paid when i play in local online casinos.
But yes, thing are worst in Germany. When I used to live in Germany for one year I was very upset that from every bet I win they take 5% fee. I am talking about sports betting. It was impossible to make profit.

vomvom12

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