It is advertised to the public as free money, but there is actually a lot more to casino bonuses than just that. Whatever type of offer your claim, whether it’s free play, no-deposit bonus, matched bonus, free spins, or any other kind of casino bonus, you need to take into account that there is no such thing as a free lunch. After finding your preferred casino of choice at a bonus portal, you will need to get to grips with the terms and conditions along with the true cost of the bonus. You can find the best free spins no deposit uk deals at freespins.uk.com, along with a good selection of traditional bonuses, and you can also read the full information on the terms ad conditions there. Through this article I will talk you through all the elements that make up a casino bonus, from the wagering requirements to the impact it has on the house edge.
The biggest element within a bonus is promoted as the actual figure they are giving you, but don’t be fooled by this. The biggest element you need to focus on is the wagering requirement; this is the number of times you are going to have to put your bonus (plus original deposit) into a game before you can withdraw winnings from it. There is no industry-defined figure, so it can be a bit of minefield out there. You’ll find that some companies offer 40x, others 20x, while some may even offer 10x if you’re lucky. The complexity of the wagering requirement is only furthered by the game contributing percentage. This is the amount that a bet on any game counts towards that actual wagering requirement issued by the casino. It acts like a multiplier in many ways. For example, if you play a game such as roulette that has been labelled as 50% contributor, you will in theory have to bet twice as much. All the aforementioned is out to confuse you and has tripped up many a player. The biggest piece of advice I can give you is this, research the numbers before you actually sign-up to an online casino offering a casino bonus.
Another thing that you need to concern yourself with is the house edge. This is the percentage of bets that the casino will win both in the short-term and the long-term. For example, if you play a game that has a house edge of 5% then the house will make a 5% “win” from the game on a regular basis. Every game an online casino offers will have a house edge, although such figures are seldom publicised. For reference, blackjack tends to have the lowest house edge percentage while keno the highest, the house edge figure will help you dictate how long you must play for before you can expect to see profit.
After reading all the above you may be wondering if casino bonuses are all a trap to get you to deposit money, the answer to that is murky. The reason being that the wagering requirement, combined with the house edge and contribution percentage, is a sum that should keep your betting level in a position where your winnings do not exceed the bonus amount. Obviously when you gamble without the wagering requirement in place, you as the gambler have great control over your performance. It all points to the fact that online casino bonuses do carry a cost.
Are you asking me if casino bonuses are a trap? Then my answer to that would be no, it is free money at the end of the day. The key to getting the best out of the deal is to know what to watch out for, which is what this article has hopefully helped explain.