Jun 10
22
Now you either hate casino bonuses or love them, but one thing is for sure, they are always going to be available to online slot machine players. So you need to decide whether accepting one will give you maximum value and an above average chance of you coming out ahead.
There are several things you should lookout for when you are thinking of accepting a casino bonus to play the slot machines with, and these are:
1) How much is the bonus worth and what are the play through requirements – Online slot machines payout on average around 96%, and as such you should (over the long term) be expected to win $96 for every $100 played on the slots.
So by working out the bonus amount and how much you have to play through the bonus and/or deposit you can work out if you stand a reasonable chance of winning.
Simple maths dictate that if you are given a 100% bonus let’s say $100 on a $100 deposit you will have a $200 budget to play the slots, if you have to play through the bonus 10 times before you can cash out then this works out at $100 x 10 = $1000
With an expected payout percentage of 96% you will lose $4 theoretically for every $100 wagered so therefore 10 (number of play throughs) x $4 (payout percentage average loss) = $40, so you have a good chance of finishing the session $60 in profit.
However due to the nature of slot machines this is not set in stone and any gaming session can result in great swings both upwards and downwards, but by doing a quick calculation beforehand you will soon know where you stand.
2) Is there a maximum amount or a limit on how much you can win with the bonus – Always find out if there is, as some casinos may limit just how much you can win while playing with a bonus, this is usually those casinos that offer huge bonuses and it is often advisable to avoid any casino that will limit your potential winnings.
You will be kicking yourself should you hit a huge jackpot win whilst playing with a casino bonus then find out that you can only cash out a small percentage of it, so read the rules inside out and ensure you are not at the mercy to such terms and conditions.
