Among the promotional tools which online casinos use to attract customers, casino bonuses are the most powerful. One of the fundamental truths of human nature is that everybody loves a free gift, and marketing experts know that by offering a ‘welcome bonus’ to a potential customer, it’s far easier to convert a casual visitor into a paying client.
However, casino bonuses differ from most other kinds of introductory offers, because a smart customer can use them to gain a significant mathematical advantage. All casino games have a built-in ‘house edge’ which ensures that the average player will inevitably lose money over time, but for the disciplined gambler, the availability of casino bonuses can offset the house-edge to such an extent that the tables can be turned in the player’s favour. In many cases, casino sign-up bonuses can be as high as several hundred dollars, which puts a shrewd player at a strong financial advantage.
Of course, turning a casino bonus into cold, hard cash is not quite as simple as it may seem at first glance. Despite the apparent promise of ‘free money’, there are a few strings attached. If you read the small print, you will find reference to ‘wagering requirements’. Before any bonus money can be withdrawn, it needs to be turned over a certain number of times. In the most generous cases, for every ten dollars of bonus money, you may need to wager that amount five or ten times before your winnings become withdrawable. In more extreme cases, wagering requirements can be prohibitively high, requiring customers to play for hundreds of hours before any winnings can be withdrawn. The problem here is that the higher the wagering requirements, the greater the impact of the ‘house edge’, which can have a detrimental effect on potential profits.
In order to avoid potential pitfalls, it’s important to do a little research before embarking on any casino offer. Topcasinosites is one of the very best sources of information when it comes to choosing reputable casino bonus offers. Packed with impeccable advice, the site will help you to make the most of the opportunities available and ensure maximum return on your investment.