If you are an avid gambler, I’m sure you have come across a plethora of bonus offers in your email. Nowadays you might even receive text messages where a casino is offering a 100% match bonus on your first deposit (or something similar). Whatever the case may be, you have to research the bonus before accepting it. Take the time to read over the fine print, because it will help you decide the best casino site for you.
Get 500 Free Spins Now (No Deposit Required)
Out of all the bonuses you might receive, an offer like this one is probably the safest to play. Basically they give you 500 free spins upfront, and you get to keep any of your winnings. Or do you? If you read the “fine print” there will be host of rules that must be accomplished in order to retain this money. In all honesty they make it virtually impossible to reach. I actually tried this once (many years ago), and when the 500 spins were complete I ended up winning $127.18.
I was excited at first, but when I tried to withdraw it, the casino site said I had to play another 2000 spins, and those spins must be the equivalent of $2,000 played. Now, if I were to win after this was played, then I would be able to withdraw the winnings. These odds are about as good as winning the lottery. Needless to say, I was out of money after about 300 spins.
First Deposit Match Bonuses
Most online casino sites are similar when it comes to a first deposit match bonus (except for the initial amount they will match). Let’s say I’m given a 100% match bonus on $100. The casino either deposits the match bonus into my account, or they offer a voucher on another page where I can eventually cash it in to play. I am able to gamble with this money as much as I want, but in order to withdraw it, I still have to hit a wagering threshold determined by the casino.
Hey, if you’re an avid gambler and will eventually reach the threshold then it’s worth the headache. If you only play once a month or on your birthday, it will most likely be pointless. The point is; it sounds good in the beginning, but just “okay” when everything comes to light.
I believe the sports wagering is the best area for you to benefit from a deposit bonus. For instance, my father is a huge sports bettor during the NCAA basketball tournament. He gets some sort of match bonus every year, and then plays with it for months. How is he able to do it? He bets on the games and then switches to NBA and MLB. The only bets he will make is 2-team parlays for $5 a pop.
So in his case it works, but for most people (like you and me), online casino bonuses aren’t a big benefit.