Redeem or Gamble: What to Do with Your Casino Bonus?
Did you know that there are actually bonuses that you can use to gamble with at the casino? Of course, they’re called Casino Sign-up Bonuses. Why would you redeem your bonus at a casino? Well, let’s talk about it!
Casino Sign-Up Bonus
When casinos offer sign-up bonuses, they want players to try them. These bonuses usually involve some type of wagering requirement before players can cash out their winnings (which is why most people don’t like them). For example, after depositing $300 into your account and meeting the wagering requirements of 40 times that amount over the next 60 days, you may be able to withdraw up to $4,000 from your account. See, for example, n1 casino bonus offers.
If you happen to be a player that has done very well (and we’re talking hundreds of dollars) at the casino and thinks you might withdraw your winnings, then this may not be such a bad deal after all. However, if you can’t afford to lose some or all of your money — and we mean really afford — then it’s definitely time to redeem your bonus and stop gambling!
Reload Bonuses
While casino sign-up bonuses are once-in-a-lifetime offers, most casinos offer to reload bonuses with much more liberal wagering requirements. Reload bonuses often have wagering requirements of 25 times the free money that they gave you to gamble with. For example, if your casino gives you $200 worth of free play, then you would need to wager $5,000 before you can cash out your winnings.
Casino Match Bonuses
If you hit a big jackpot while using one of these bonuses on some slot machines, don’t get excited just yet! You may find that the casino matches only small portions of these jackpots. So, if you hit a jackpot of 10,000 credits on some slot machine using one of these bonuses, the casino may only match 500 or 1,000 credits.
If you happen to be lucky enough to win a big jackpot after meeting the wagering requirements for your Casino Sign-up Bonus or Match Bonuses, then redeem these winnings and feel good about it! Remember that casinos are in business to make money by offering players entertainment at their establishments. They’re not in business to lose money.
However, if you find yourself without any money after cashing out your bonus or winning with it at the casino, then maybe you should try something else, like purchasing lottery tickets (if your state has this type of game) or playing online slots.
Still, if you think casinos are synonymous with winning, then you’re in for a big surprise! You win some and lose some at these establishments. You can’t win them all because the odds are against you. So, don’t expect anything but entertainment when dropping your money at a casino’s slot machine or table game. For example, see www.redflushcasino.com/slot-machine-games/.
Conclusion
So, whether you choose to keep your Casino Sign-up Bonus or redeem it after cashing out the required amount of wagering credits (and maybe even after cashing out any matching bonuses), just know that this is one-way casinos entice people to visit their establishments and spend their money!