How to Calculate the Accurate Value of a Deposit Bonus
Online casinos are flooded with deposit bonuses that offers the players good chances to win exciting cash rewards. Not many people are aware of the ways to evaluate the terms and conditions of a bonus offer and make out whether it offers a good deal or not. There are many aspects of Casino bonuses that are easily misconstrued by the players and this leads to an imprecise assessment of their values.
Let’s brief you about the facts regarding what provides the value in a bonus and what stops you from obtaining it. Along with this, you will also be made aware on the things to look out for while calculating the overall value of a bonus.
- First and foremost, one should see whether the bonus-offer can be cashed out or not once you have completed the gambling requirements. A Non-cashable bonus is only gambled to make more money whereas a Cashable-Bonus can be easily cashed out once the gambling requirements are met. For gamblers, cashable-bonuses are more favorable than the non-cashable ones as it is tough to make money from them. So, if you are searching for some great deals then go and try out for cashable-bonuses.
- Once you are met with a cashable-bonus, go and have a look at the gambling specifications of the game that you wish to play. If possible, the game should be a low advantage one where you would be earning huge payout rates. Baccarat, Blackjack, Roulette and Video Poker are the games that fall within this category. You should make use of the gambling requirements to find out how much you are going to lose before you are permitted to cash-out the bonus. Though it is quite a simple calculation, but you require all the data with you to do the calculations.
- For instance, assume that you are receiving a fifty percent match-bonus on a $100 deposit amount with a 20X gambling requirement on the amount of bonus. The house and the deposit will have an advantage of 1% against you in your game. You will be gambling on a total cash amount of $3,000 and you can expect to lose around 1% of that which will make it to $30. This implies that you can make a profit of $20 with your bonus amount of $50. This can prove to be a favorable deal for you, all depending on the amount of time it takes to clear out the gambling requirement.
