About online casino bonuses
Many casinos offer large bonuses, it is not unusual for a casino to have a “100% match bonus”. An example of common terms and situations for a bonus could be as follows:
- earn 100% up to $100 limit
- Player must wager 25 times the deposit and bonus before retreating from the game
- When betting on games such as baccarat, craps, roulette and sic bo the bets do not count towards the meeting wagering provisions
As for this example you the player that would be depositing $100 would actually start with $200 in his or her account. The player must make $5000 ($200 times 25%) in wagers before retreating. You can play this bonus at a game like blackjack.
If a player retreats after meeting the necessities he has a very large advantage which has been proven by simple mathematics. For example, at most online casinos, the house edge is at or less than .5% in blackjack. $5000 times .005 or $25.
A player anticipates showing a $25 loss; however, he would be given a $100 bonus. A player could expect to see a profit of $75, a whopping 75% advantage. Gain an edge over the casino by taking full advantage of such a promotion.
Players that often take full advantage of the casino bonuses thus leaving after the betting provisions are met are otherwise known as “advantage players”, “bonus hunters”, “bonus abusers” and “bonus whores” which tends to be the most vulgar of all. The act of these players are strictly prohibited by the casino since their conditions usually state that players may play for recreational purposes only. Players are rarely caught doing so but if they would be caught their promotional privileges are revoked.
A player that chooses to take advantage of these bonuses at a large number of online casinos must be very careful. These players need to take into consideration the casinos that are rogues and that will not pay. While other have certain terms and conditions that are not in the players favor such as the bonuses that are directly to only the slots.