When I first began playing at online casinos a few years ago, it was my first time. I was a bonus hound who tried every way to get free casino cash. I gambled away every dime. I didn’t spend the maximum amount to get bonus money. I thought I would win someday, so I didn’t want to spend $50 more to add green to my casino account. It was all lost and I quickly started depositing again without bonus. This clearly showed that I wasn’t very good at managing my jumpy bankroll.
However, this is not what I know. While I don’t play online casino slots, blackjack, or craps as often these days, I do still visit the site every once in a while to give it a try. Because I am a bonus-seeker, some might consider me a “bonus king” at the moment. Since I own my own gambling website, I don’t do it systematically anymore. However, I continue to receive generous bonus offers and keep them for my visitors.
What I do is: I look for the highest bonus amount from a casino and then I purchase that bonus. To find the generous bonus amount, I need to read all terms and conditions and do my research to avoid getting scammed.
These bonuses are often called high roller bonuses because they are great for players who enjoy long sessions and are willing to invest a lot to win big. While high rollers know they will lose over time, they also understand that losing as little money as possible is better. Every player must understand the root cause of online casino bonuses.
Most high-roller bonuses have the same terms and conditions. I’ll show you a few examples from random casinos to illustrate them. This is important because you could lose all your winnings as well as the bonus.
Racetrack Casino offers a 20% bonus on your first deposit up to $500. Fair gaming requires that you wager a minimum of 6 times the amount of your deposit plus the bonus. You can also wager a maximum of $18,000 on each bonus and deposit during the promotion period. This is an important point to remember! You can withdraw your bonus money and winnings if you have not wager six times the amount of your deposit and bonus.
Europa Casino is the other example. Europa Casino claims that they offer a $2400 welcome bonus to all players. However, it’s not quite true. This casino has one of the most complicated bonus systems. I have only used the $500 welcome bonus. It is a 25% bonus for your first deposit. Low rollers will receive a 100% first deposit bonus on a much smaller purchase than the original.
To the bonus: To cash out any amount you have to wager at least twelve times the play bonus plus your deposit. Players depositing in U.K. Players depositing in the U.K. must wager at least 18 times their play bonus and deposit. Your bonus and winnings are null if you withdraw after meeting the wagering requirements. The bonus structure is the same.
Now you understand why casinos offer these bonuses. It’s unlikely you will have much money left after you have wagered at minimum twelve times your deposit and play bonus. But, you can still be lucky and that is what we all desire when we enter a casino.