Most online casino websites offer new and regular players bonuses to entice them into playing longer and bet more money with the hope of even sometimes doubling their earnings. While that sounds easy enough, there’s a catch that leaves many players wondering if bonuses are worth the effort. The answer to this lies with the player as we’ll seek to explore how the standard gambling bonus looks like. They tend to vary, and it is encouraging that one looks at the terms and condition before engaging in the game.
Bonuses can take many forms. It could be a few free spins after you hit the target or the opportunity to play more rounds. The best bonus, however, is the one that can get converted to money so that you can cash out or bet some more should you so wish. With every bonus, there are sets of obligations that one needs to fulfill to qualify. There are the wagering requirement and the percentage wager, with the house edge determining how that will look like. As you know, a house edge on games differs across sites. You can use Bitcoin Dice and another website to compare.
The wagering requirement is the amount with regards to bets that you have to put in to qualify for the bonus. Therefore, you can only withdraw the bonus when you hit the set target. Two ways can happen. It is either on the number of times you bet the deposit or the same but on the bonus. In some cases, you’ll have to do both. Committing to a bonus means doing what they stipulate before you’re able to make a withdrawal.
These requirements are displayed in numerical form followed by an X. So when you see a number like 20X, that means you have to make that many bets/deposits on games for you to get the opportunity to cash out on the bonus money they give you. Mainly you have to work for that bonus; it’s not merely given out when you get to a certain amount of bets places or winnings. The wagering requirement varies. When you hear 100% bonus, for example, you’ll have to bet the value of the bonus.
The wagering percentage mentioned is what various games contribute to the total wagering requirement. They vary according to the games played, so you want to have a mix that gets you the results you want faster. It, however, requires balance; some games offer higher returns, but the house edge is high meaning a loss dents a bankroll hard. Opt for games that offer a lower house edge. Though they provide lower yields than others, the risk is also less. With that in mind, you can decide whether going for the bonus is worthwhile or not.