What Are Casino Offers?

  • February 25

Casino offers come in several different forms.

They might be welcome offers, deposit offers – you can even get a no-deposit casino bonus with some sites – or commonly ‘reload’ offers.

Offers tend to range from 10% all the way up to 500% bonuses – the latter meaning if you deposited £100, you’d get £600 to play with.

These casino bonuses always come with ‘wagering’ requirements.

This means that, depending on the casino and the size of the bonus, you’ll have to rollover a certain quantity of money. These rollovers or wagering requirements usually range from 20x bonus all the way up to 35x deposit + bonus.

For example, if an offer was a 100% deposit match up to £100 with 20x bonus wagering, you’d deposit £100, receive £100 extra on top, and you’d have to complete £2,000 worth of spins on slots.

If the same deposit match had a 35x deposit + bonus rollover, you’d need to do £14,000 worth of spins.

A lot of bonuses out there are designed to make you lose money, either short-term or long-term.

This is true even with a no deposit bonus.

The casinos treat the offers as a cost of acquiring you as a long-term customer, and they recoup their money either immediately if you lose, or long-term if you initially win.

However, they are loss leaders.

This means that, overall, they will lose money on the majority of the promotions they run – particularly their sign-up offers – in the hope that you lose enough money in the long-term to pay for the upfront cost of acquiring you as a customer.

Fortunately, thanks to a bit of clever number work, it is possible to work out how much of a profit the average person should generate based on a casino’s terms; the type of bonus on offer, the value of the bonus, the eligible game types, the wagering requirements, and more.

In this post, we’re going to cover exactly how you find and make profit via casino offers.

Some offers can be good value even if they’re 60 times wagering, whereas some can be poor even with only 25 times rollover.

Other offers can be great regardless – but the slot you choose will massively affect the level of profit you should expect to receive.

How would you know which slot to pick?

Opting for high RTP (Return to Player) slots is advisable, but did you know that choosing a lower RTP slot can sometimes be a better use of your time than the higher ones?

 

 

Tag: Useful