Make Money from Online Casino Bonuses
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How to Make Money from Online Casino Bonuses
Online casino bonuses are one of the best things about playing with internet casinos. These often generous offers provide you with a nice boost to your deposit and give you much more play-time. From that perspective alone, casino bonuses are almost always worth taking, especially if you’re on a limited budget and want to have more fun without risking any extra cash.
At the same time, though, it’s always nice to make a bit of extra cash when playing and casino bonuses can go a long way towards making that happen. However, not all bonuses have been created equal and to make most out of them, there are certain things you should pay attention to. In this guide, we’ll tell you about the most important aspects of these offers and how to pick the best ones out there.
How Much Extra Money Can You Get?
The first thing to look at is how much extra cash is there to take advantage of. It is important to note that this isn’t the most important factor as it greatly depends on other terms and conditions that surround the offer. However, this is an important piece of the puzzle when figuring out how to make money from online casino bonuses.
In general, any bonus that gives you a boost that exceeds 100% of your deposit amount is worth looking into.
If you can deposit $100, for example, and get $150 or $200 on top, this is an offer that’s hard to refuse. With such a big boost, it feels almost like you are guaranteed to make some money, but then you have to look into other factors as well.
Online Casino Bonuses & Wagering Requirements
Once you’ve found a casino bonus that seems attractive, it’s time to read the fine print. Pretty much every bonus on the planet comes with certain wagering requirements, i.e. the number of times you’ll need to play through the amount before you’re allowed to cash out your winnings.
It’s not always easy to figure out what good terms are here but, as a rule of thumb, you should be looking for offers that are in the vicinity of 30x to 35x the bonus amount. These are reasonable and you can expect to beat the wagering and make a cashout a fair amount. Offers that include 30x+ wagering on the entire amount (bonus + deposit) aren’t nearly as good and you can’t expect to get much from these.
If we’re talking 200% bonuses, you can go as high as 40x the bonus or 20x the deposit and bonus. Since it is a big boost, wagering requirements will sometimes be higher but anything that goes above this is probably not very valuable. This isn’t to say that you shouldn’t take these offers sometimes as well if you’re looking to have fun but if you’re after making money, these are pretty good baseline criteria to give yourself a decent shot.
Non-sticky Bonuses Rule
There are two main types of online casino bonuses – sticky and non-sticky. With sticky bonuses, your entire available amount will be immediately mixed together and you won’t be able to cash out anything until wagering is done. With non-sticky offers, the bonus money only comes into play if you lose your initial deposit. If you win with you real money, you’re free to withdraw and do whatever else you like.
Clearly, non-sticky bonuses are superior here as you can take bigger risks with your own money with no restrictions. If you lose, the bonus cash comes into play and you can then try and recoup your losses with it. So, these offers are a safety cushion or a parachute of sorts that provide you with a second life.
Stick to Reputable Casinos
When looking for good online casino bonuses to make money, the importance of finding solid, reportable, and well-regulated casinos can’t be overstated. Many dodgy operators will try to lure players in with promises of big bonuses but these offers aren’t worth your time. While they look great on the paper, the reality is much different.
Dodgy casino operators will always find a reason not to pay you if you happen to win. Even if they can’t find a good reason not to pay, they’ll stall your withdrawal in hopes of you playing again and losing. In the grand scheme of things, no offer can be good enough to justify all the potential hardships you might have to go through.
Stick to casinos that are either licensed by mainstream authorities such as MGA and UKGC or those casinos that have really good track-record with the players. If there are many complaints against an operator with regards to their bonuses, withdrawal times, and similar, you should stay as far away from them as possible.
There’s No Such Thing as Sure Win
Even the best online casino bonuses won’t guarantee you a cash-out. In the best of scenarios, you can be about even money to win. Operators know what they’re doing when structuring their offers and we all know that casinos aren’t in the business of giving away cash.
So, keep that fact in mind when playing. There is no way to guarantee you’ll win when you play slots but a good bonus offer can seriously improve your chances. At the same time, a bad bonus can actually hurt your chances of getting a withdrawal as it will force you to continue playing even when you’d rather withdraw your money.
Use the advice contained in this article when hunting for online casino bonuses. These tips should help you find more favorable offers and improve your overall gaming experience as well as increase your chances of making some money when playing. At the end of the day, with so many great bonuses up for grabs out there, why should you settle for anything less?
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