How To Maximize Your Online Casino Bonus: A Case Study
Do you want to know how to take the maximum advantage of the bonuses and promotions that the different online casinos offer? WagerX.com spills the secrets of exactly how you can do it! A case study released by WagerX.com showed the following scenario that utilizes the optimal strategy to leverage your casino deposit to your advantage. This technique will work on ALL online casinos not just WagerX.com. This is what happened with an “ideal” client in this case study:
1. He fully read the casino bonuses and promotions page. This sounds like common sense, but it’s important to read the fine print. Many casinos offer a special terms of Service page for each individual casino bouns. Casinos make their money by “giving” you a promotional bonus and requiring you to gamble for just long enough so that in theory you lose your initial deposit and the bonus amount. This requirement is called the “play through requirement”. Knowing the play through requirement and the odds of the game you are going to play are important. Because if you can find a casino that offers a low play through requirement and high enough bonus you could (in theory) make money for as long as your eligible for the bonus.
2. He emailed us and made sure that bonuses applied at other CWC platforms did not deny him a bonus at WagerX.com. In the case of other casinos, you have to be careful because there are “sister” casino sites that operate under the same business platform. When this is the case, you may not be eligible for the bonus if you were granted a bonus on their other “sister” casino site. Always email their customer service department. They will tell you. If they don’t then don’t play there. Also, if their customer service takes too long to get with you then don’t play there. Acceptable waiting times vary between individual. In my case I’m not willing to wait more that 24 hours for customer service to get back with me. In the case of WagerX.com you are eligible for ALL of our bonuses regardless if you currently are a player at another CWC Gaming based casinos. Many CWC based casinos are taking different stands on if they allow US players to gamble on their sites. You will have to check with each one yourself.
3. He analyzed the casino bonuses one by one and maximized his starting position. Almost all of the casinos offer an initial deposit bonus. Some even offer a second and third deposit bonus. On all of these promotions there are limits as to how much they allow as a bonus. In this case study the client played on all three deposit bonuses. First Deposit: 100% up to $150. Needless to say his first casino deposit was $150 (via Neteller) Second Deposit: 50% up to $150. His second deposit was $300 (via Neteller) giving him a bonus of $150. Again, he maximized his bonus allotment. Third Deposit: 75% up to $75. He deposited $100 (via Neteller) for a $75 bonus. In addition to the deposit bounses there was a Neteller deposit bouns. Neteller Deposit Bonus: Neteller bonus is a fixed 10% on all Neteller deposits. His total deposit was $550. So his bonus was $55.
8. He emailed again confirming his “play through requirements” and the terms and conditions of the wagering requirements for them to be considered “fair gaming”. In addition to the play rhough requirement there are requirements for the maximum allowable bet per hand. In his case we averaged all three deposits and his maximum bet is $46 per hand.
If you did the same you’d have deposited $550 via Neteller $550, and have a total balance of $980. (PLUS another $50 in value for the Bentley Key Code.
Cash Balance: $550.00
Bonus Balance: $430.00
Total Balance: $980.00 (Almost doubled your money from the start)
Now with a low enough play though requirement and a casino game that’s not rigged more than the house advantage you may just make the play through requirement and keep the bonus that’s left over. One example is baccarat which has one of the best player advantages. Good luck on your online casino adventures!