Hey, what’s up!
My name is Irene Ash, and this is my blog about casinos. Here I’m gonna write about my experience of playing and working at an online casino.
Today I’m covering the topic of using bonus money.
Casino experts all around the world are talking about bonuses as something good for the players and often suggest using bonus money to increase the chance of winning or prolonging gaming sessions. Nevertheless, all players dream of winning big, whenever they play. And next, we often opt in for bonuses, and we end up losing.
I think Casino Player shouldn’t use bonus money.
Let’s start with the definition of what is bonus money. Bonus is the property or the casino or casino money that is offered to players in order to engage and to stick them with the casino.
Now imagine, I’m a good casino manager and I’m gonna give you a bonus. It’s important to understand that my intention doesn’t mean I want you to win the jackpot instead, it is all about retention tactics.
Trust me, if I’m really a good casino manager, I’m gonna protect my business revenue from significant losses, therefore I will control the bonus rate in my casino.
Bonus Rate is a casino metric that shows the percentage of the bonus amount to Gross Gaming Revenue.
But let's get back to our bonus question. Probably, you guess next:
«What are you talking about? Why? Why do you give me bonus money to control my winnings? This is nonsense!»
Easy tiger, right now I’m gonna spill you one of the casino secrets.
Casino has to control winnings from the bonuses in order to have positive revenue.
Consequently, casinos establish specific rules in the terms and conditions. Remember, any winnings accumulated from bonus money belong to the casino, according to these rules.
Yes, you're playing with their funds, not your own.
The bonus money comes with a set of conditions, such as wagering requirements, time limits, maximum win and bet amounts, as well as a list of eligible games. Until a player fulfills the wager conditions, the bonus money remains the property of the casino.
Allow me to illustrate this with an example. Let's say Irene deposits $50 and receives a 100% bonus from the casino, boosting her balance to $100. The bonus terms specify the following conditions: a 40x wagering requirement, a maximum win limit of $1000, a maximum bet limit of $1, and a 1-day duration. Our Irene selects the game Wolf Treasure from the list of eligible games and has a stroke of luck— her balance soars. The more she wins, the closer she gets to fulfilling the bonus wagering conditions.
When Irene makes her last bet to wager her bonus, her balance reaches the amount of $5000. Lucky bastard? Not really. After the moment she meets wager conditions, her balance automatically decreases to $1000 according to the bonus rule.
Sounds like a scam?
Hmmm, the casino posted the rules in the Terms and Conditions, and every player accepted them by registering at the beginning. Thus, it is not a fraud. It is just what you get when you play with the casino bonus.
Well, fella, the summary of my story is simple advice. You should play with your real money if you wanna win big. Don’t stick to the casino bonuses. Stay independent and confident without casino perks.
Please text me in the comments below your bright thoughts about your bonus strategy.
Stay tuned. Woof!
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