Bitcoin Forum

Hi

For all those interested in online casinos one of the most popular debates is whether to take a bonus or not.

Obviously, bonuses must have terms or there would be no risk at all and casinos would cease to exist.
They have to be sweet enough deals to attract you in the first place and also give you a fair chance to cash out should luck go your way.

We all know that luck is of paramount importance but choosing the right bonus increases your chances whilst enjoying playing the games.
Anything above 100% for a slots bonus is attractive however the bigger the % the bigger the wagering (or playthrough) required.
Games with a lower house edge such as Blackjack and Video Poker will normally have their own lower % bonus and higher wagering.
Casinos are always going to have an advantage but how much it is reduced is down to how and what you play.
The most annoying thing for players is to take a bonus, win straight off the bat and not be able to withdraw because the wagering still has to be completed.
In most cases, the bonus money is played first so Casinos have no option of removing the bonus money without zeroing out the winnings too.

But these are the highs and lows of taking a bonus.
The choice is down to the individual and personally, I would take bonuses on slots as the bigger the balance the more chance of hitting a nice win, and it gives the player the opportunity to play with a higher wager.
Table games are less volatile so playing some big hands could go fast but could be more profitable quicker and having a wagering restriction might be problematic.

The most important thing is to only play with what you can afford to lose and to keep gambling as a form of entertainment and not a costly addiction.

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Thanks

This thread is suited better in the Gambling section where each casino is allowed to have one thread to announce itself and why it is better or where it differs from others.

Bonuses are a big factor to gamblers before deciding to which casino to go.Bonuses are of paramount importance as in a case where you lose a lot of money gambling you accumulate some bonus spins or money to continue to play and who knows maybe it is this exact free spins that makes you win big.

The terms and conditions on bonuses are hard for me and I have rejected bonuses in the past because after goes through the policy around it I see that it is not favorable to me.
Like op and other posters here has rightly point out it is very clear on how there is need you study the term and conditions in gambling sites before opt for that as we have advantages and disadvantages of doing so.

Hi swogerino

I didn't want to put this in the gambling section as it isn't advertising the casino, merely starting a discussion on this.
Yes the casino url is there as I also wanted to get some brand awareness but the topic is really valid nowadays with such an array of bonuses available and whether they do create any advantage for the player especially with the terms.

Glad for your response tho.

Thanks

To be honest,I don't really care about casino bonuses,because they are just marketing hooks that are used short term.If you are a business owner,you can't simply build your entire business model on bonuses,discounts,rewards and free stuff.This will attract only the freebie seekers,while the players with money will choose the reputable casinos.

Exactly omonuyak.

I have been operating casinos for a long time and have seen how bonuses have evolved into something far more than just an incentive for people to join a casino.
Awareness of terms is so important to not feeling scammed as the potential of winning big money exists and it could be taken away as fast as its won.


@davis196, I have seen many successful casinos build their business on high bonuses and retention bonuses etc. Many players love the idea of getting something extra to play with and are unconcerned about playthrough.
Additionally, in many cases, players that do show their loyalty receive low or no wagering bonuses. The bonus may not be cashable and just a play bonus but it extends play time and at the end of the day lots of players prefer that, especially slots players.

Honestly, I used to doubt the bonuses I get from the cryptocurrency and other gambling websites. It's just that, sometimes it really looks like an investment the host give. It's like they are letting the users experience great things and in return, you have to lose more than you capital for them to earn profit from your usage. Well, I don't know but this thing really gets into my mind often especially when I see bonuses. (I would also laugh every time I see one.)

I will tend to agree with you on how you view these type of bonuses given on these crypto casinos.
They are extremely difficult to achieve the desired amount of rollbacks allowed so you can actually withdraw the bonus given.
I recently had one and spent the entire amount and only achieved 8% of the bonus rollback amount to get to be able to withdraw the actual bonus given. :-\

There are both fake and legit gambling sites offering bonuses. what you need to do is, please check closely about the gambling website and see the trust rating of the user details of that gambling site in this forum.
Check the bonus rate and value of the gambling site as well. If they are doing well you believe and keep the fund on such good gambling sites.

Would love to directly answer to question that was asked on title: Reward. Yeah, prefer reward over bonuses which require a lot of wagering. For example let's takr cashback, this is a great option when playing. You know your chanses are low to zero to claim bonus % but can get guaranteed money back and stop when you wish.
Also wagering contests are great too but only agree with bonuses if there is wagering contests and bonus wagering requirement together.

Bonuses and Promotions is considered to be part of their marketing and its just normal for casino or gambling site owners to have these things.
To make their business sustainable for long term then they would need for more players that would be lured in into the site thru these bonuses and promotions.
Numbers or percentage shows is really attractive but if you do already know the terms and conditions of such bonuses then you will later realize that these things
arent really appealing at all.

I've never been attracted by bonuses mainly because you only get double or triple of your deposit amount while the wagering amount is usually at least x25, in some cases even go up to x50 depending on what the bonus amount is. So you get 3 times more money but in order to withdraw it you have to wager it an extra 20-30 times wich for me seems just ridiculous and I personally think it's not worth it. If you are a person that's always looking for big hits and you want to make a withdraw a huge profit every time then I think you should go for the bonus because with or without it you are anyway going to wager a large amount of money in that casino. But if you are a person that's alright with just making a little profit,maybe double your money and then withdraw it then never go for bonuses.

I think that when a casino is new, it's a good thing if there're small faucets for users. They encourage to test the game and see if the website seems good enough to deposit money there. And these faucets usually give really small amounts of BTC, so the expenses are not significant for a casino, and the withdrawal thing is out of the question. Bigger welcome bonuses create problems when people want to withdraw them but can't. I think it makes sense to give deposit bonuses and set reasonable wager requirements after which people can withdraw the winnings. And cashback bonus is probably quite a big deal for big players that lose regularly, so it's a nice thing to see, and I think it's good both for a casino and for a player.

I never use bonusses because the terms that apply are usually rediculous.

Exactly but we all know that it is also why gamblers keep on coming back on a crypto casino site.
Even the reputable casino's are also using this marketing strategy .
The only question about it is the bonus worth it or not ?
Is the site who gives bonus legit or scam.

Although we all know that bonus feature is part of promotions and marketing, isn't it nice to have a quite compensation just in case we decided to play hard on long term on the said gambling site? Way better than a simple deposit - play - withdraw then repeat....

Yes might be difficult to reach the waiger requirement at some of the cases but I already made it two times at different site. The site is popular today and will not mention it here as respect for OP and the other one is already closed today. See the advantage?

Well then, case to case basis indeed as there are really times that waiger requirements requires large deposits before anyone can achieve.

It really depends a lot on what type of gambler you are. Some just want to spend as much time as possible gambling and in this case bonuses are a great thing for them because they have more balance available and anyway they would have wagered the required amount even without the bonus. But then there is this type of gamblers that play safe and only rarely,mostly as a way to relaxing themselves while also trying to make some profit. Having a huge rollover requirement would only stress this type of gamblers more than it would relax them since they would have to spend a lot of time until they would be able to make a withdraw and there's also no guarantee that they will successfully complete the rollover. So it all depends from gambler to gambler and how each one likes to play this games.

Bonuse are actually have nothing to do with your luckyness in every game. It us just a mere attraction to all those people who want to have extras while playing but it is way better than those casinos who do not have any bonuses. Imagine losing bigtime and bonus is all you can take home.

It is freely given to us when we register to their sites but IDK if we can withdraw it together with our funds or once we win some prize.
Yes, it gives attraction to newcomers and actually, we can use it in gambling for trials and to explore all the games at their site before thinking to put capital to gamble. Likewise, we don't expect that by using this pitty amount of bonuses will give us profit cause it never be.

Yes, considering that the casino you are playing for has bonuses, we cant change the fact that its just a little amount or consideration but its better than nothing right? But if people will depend on bonuses and they want this over the security and other options like easy withdrawals then they should be thinking. Bonuses are bonuses only and you cannot depend on it. It is such that, it can make your feeling a bit ok once your empty.

Stupid is gambler choosing no bonus of couurse gamblers they choose with bonus but depends on the bunos the offered buy the s gambling site before to grab it because have a condition for that rules.

All the bonuses I have seen have similar conditions to this one you mentioned. So I think there is no point in taking bonus as it's almost impossible to wage our balance 40 times and quit the game with profit.
On the other hand, that condition is what makes the bonus possible to be offered by the casino, as they know most gamblers will fail, then they can assure the big prizes for few winners.

I think if the gambling site has a bonus for every player, then I will choose the gambling site with bonus because that would give me a little chance to play although that is no guarantee for me to win. But at least, with that bonus, I don't have to deposit some money to play gambling, and I can feel and test the site for the first time. But I see that some gambling website gives another bonus for the player in some events so the player could get more excited when they play at that site.

With the bonus for the player, it could attract more player to come to that site because many people want to get the bonus as a gift from the site to the new members.

Bonus in the gambling for me is needed in all gambling sites, It is like an icing in the cake if it was food. If it isn't present at all, what edge do you got to compared to other gambling companies you are competing with. Speaking of other gambling casino, they have built trust with their customers, it is years to earn those so you better put some nice bonus if you want to have players.

You cant call them stupid just because they dont choose a gambling site with  bonuses  . what if their priority is the service or the legitimacy of the site ? bonus is not important at all because there are more important factors than that when choosing when to play and to trust your money  . plus nowadays , i see that every kind of casinos and gambling sites today do always have a bonus  .