Why Avail Of Online Casino Bonuses?By: Mark Freedman, Thursday June 18th 2009
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"Why avail of online casino bonuses?" If the answer is "Just because they are offered", then a rethink is needed. Players should avail of online casino bonuses only if there is an ultimate net benefit. There is an apparent benefit because bonuses increase the player's bankroll without an investment from the player. But this benefit comes with a number of strings attached. And each player has to unravel the strings with reference to his own situation and come to a considered conclusion in this matter.
Most online casinos do not allow players to take home the bonus. They only allow players to take home the winnings from the bonus. If the player does not win anything by wagering the bonus he does not take home any benefit. This factor needs to be considered when evaluating whether wagering requirements are worth it. Many online casinos insist that the wagering requirements to be met on both the deposit and the bonus. This implies that even the deposit or the winnings from the deposit cannot be withdrawn till the wagering requirements are met. This factor also needs to be considered when evaluating whether wagering requirements are worth it.
Apart from the fact that wagering requirements exist, they have a number of conditions that would be untenable to many players. Wagering requirements count completely only on high house edge games like slots and keno. In other games with low house edges they count fractionally or not at all. If a player interested in only blackjack is not allowed to meet wagering requirements of a particular bonus on blackjack what will he do with that bonus? Apart from game restrictions, wagering requirements have country restrictions. Players from certain countries have higher wagering requirements that makes it all the more difficult to generate winnings through bonuses. This arises because players from those countries have a history of bonus abuse and therefore the online casino is taking precautions. Sometimes we have to pay for the sins of others. In such a situation the question "why avail of the bonus?" becomes meaningful.
The terms and conditions associated with the redemption of bonuses are not the easiest to understand and they make very uninteresting reading. As a result many players do not go through these conditions, let alone understand them. They avail of bonuses hoping to play it by the ear as they go along. This often leads to disputes and the holding up of the player's funds.
Because of the situations outlined above it should be evidently clear that bonuses should not be availed simply because they are offered. The player must evaluate the conditions attached to the bonuses and perceive a benefit after fulfilling them. For example if he is from a country that has unreasonably high wagering requirements then availing of bonuses can be a liability. Or of he is interested in playing games that do not count for wagering requirements then it is futile to accept a bonus. This is because by accepting a bonus the player in many cases would be locking in his deposit as well.
If the player wants to accumulate take home money by availing the bonus then it is a tough, though not impossible task. A serious consideration of the pros and cons is required. However if the player is simply interested in deriving the pleasure of wagering at the casino with the casino's money then it is a much simpler decision to make. Players who decide not to avail the bonus must keep one factor in mind. Some online casinos automatically credit bonuses when the player makes a deposit. They have to be informed earlier that the bonus is not to be credited.
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