A Beginner’s Guide to Casino Bonuses
Think casino bonuses are just for –EV gambling suckers? Think again. Despite the common perception, certain casino bonuses are virtually risk-free and basically a license to print money. This post is a general strategy guide to getting started in casino bonuses, pulling together assorted tips and tricks I've learned after embarking into the world o' casino bonuses.
Yeah, I know. Only suckers and degenerate gamblers play at online casinos. The house always has an advantage. You’re guaranteed to lose money if you play long enough. Don’t be a chump.
Yes and no. The house does always have an advantage. But in games such as blackjack, that advantage is very, very small, usually around 0.5%. If the casinos were crazy enough to, oh, say just give you $100 or $200, you could very easily overcome the house advantage and make money playing blackjack. In fact, if you’re smart and disciplined, you’re virtually guaranteed to make money, usually around $30-40/hr for the better bonuses. And you only need a bankroll of $100 to get started.
Online casinos are more than happy to hand out fat welcome bonuses to new players each and every day. Why would they do that? Because they know that most people are true gamblers, and aren’t smart and disciplined enough like you are to seek out the best bonuses and to play in the necessary fashion to maximize the value of the bonus. So for every smart player who takes the bonus and runs, they get three suckers, netting them a hefty overall profit.
All bonuses aren’t created equal, though, so you have to be careful, especially when just starting out. The #1 rule in casino bonuses is to always check the terms and conditions, as they often change and the terms are very, very important, as they can greatly influence your strategy.
While the best bonuses let you play games with a small house advantage like blackjack or craps, don't just assume that a slots-only bonus is a bad one. It all depends on the size of the bonus that you're getting and what the wagering requirements for the bonus are, as even slots-only bonuses can be profitable given the right conditions. One thing to keep in mind with playing slots, too, is that there's always the chance (albeit a longshot) that you could hit a huge jackpot, as some online slots have paid out winners millions of dollars for just a single spin of the reels.
So be sure to check out the casino bonus terms before you get started, as not all bonuses are created equal. Another thing to keep in mind is that it's sometimes good to go ahead and signup for a bonus that's not so great, as you may get better reload bonuses later that can be very profitable.
Casino Bonus List (updated October 25th, 2010):
Rome Casino: up to $10,000 in signup bonuses
Millionaire Casino: 100% up to $5,000 signup bonus
Cherry Red Casino: up to $7,777 in signup bonuses
Rushmore Casino: 100% signup bonus up to $888
Slots Oasis Casino: 400% signup bonus up to $4,000
Casino Bonuses Only for non-US Players
Bet365: 100% signup bonus up to €100
888casino: 100% signup bonus up to $200
William Hill: new player signup bonus of up to $150