Many players who are just getting started will be drawn to a casino that promises tons of free money for signing up. While these bonuses are indeed beneficial, it is essential for any real money player to know the terms of these bonuses and learn how to find those that have the most value. One of the important things to consider is the time it will take to clear the bonus and what profit can be expected. These are simple calculations that can help players choose bonuses that will offer the most benefits as they engage in real money play at the chosen site.
One good starting point is to examine the bonus percentage and the play through requirements that are in pace. It is also important to see if one will be able to cash out the deal and see what profit can be made. For example, if the bonus is a 100% match that offers as much as $200, deposit $200 to take advantage of as much free money as possible. If the play through on this bonus is 25x the bonus and the deposit, this means there will be a 1.5% house advantage. To clear the bonus, $10,000 will have to be wagered on games. Take the 1.5% of that to get $150, which is the actual cost of playing games, leaving the player with a profit of $50.
It is very important for players to know what type of bonus they are getting into and a cashable bonus is always best for those that are looking to make a profit from the bonus offer. A non-cashable offer is best for those that are looking to go big at the site. This means that players will have to pull in big wins or lose it all.
Another thing to look at is when the bonus expires. Some online casinos will only provide a certain amount of time to complete the bonus and if this is not done, the bonus amount will be surrendered. There are also game restrictions on bonuses. Players who are wishing to play table games should not redeem a bonus for slots, so always read the fine print and see what games can be played with bonus money and how these games can help clear the bonus requirements. With these tips, players can find the best value in casino bonuses and can benefit from free money.