So, you want to make money from online casino bonuses but are wondering where to start.
So, you want to make money from online casino bonuses but are wondering where to start.
Well, you will be pleased to know that you have come to the right place because I have been involved in exploiting online casino bonuses for profit for more than 15 years, so it would be fair to say that I have seen it all.
I know only too well exactly what you should be looking for to make money from an online casino bonus and perhaps more importantly, what you should avoid.
OK, are you ready to find out more?
Good.
Let’s get started.
Most online casinos have a wide range of bonuses, from welcome bonuses for players who open a new account to various reload bonuses for existing players.
To make things a little easier to explain, we will concentrate on the welcome bonuses.
You will find a list of reputable online casinos that offer attractive welcome bonuses.
The welcome bonus offers are usually advertised all over the home page of the casino website so the first thing you will need to do is click on the terms and conditions with the aim of finding out the wagering requirements of the welcome bonus and if there are any excluded games which don’t count towards the wagering requirements.
You will usually find that table games such as blackjack and roulette are excluded games which basically means that you will have to play on slots.
We will talk about which slots you should play in a little while, but it is important that you make a note of the wagering requirements and if these requirements apply to just the bonus or the deposit plus the bonus.
That might seem at first to be a petty detail but please believe me when I say that it can make all the difference.
Pleases let me explain.
Two casinos, let’s call them casino A and casino B.
Both have a welcome bonus on offer which is a 100% match to a £100 deposit.
This means that the player will have £200 to play with.
Both casinos have a 20x wagering requirement for the welcome bonus but with casino A, the requirements just apply to the bonus but casino B states that the deposit plus the bonus must be wagered 20x.
It all sounds a little confusing doesn’t it so let’s cut to the chase.
The wagering requirement for the Casino A welcome bonus is £2000 whilst the wagering requirement for casino B is £4000.
That factor could very well be the difference between walking away with a profit or having to endure a loss so always check these terms and conditions before you get involved.
I have already mentioned that the likelihood is that a slot game will have to played in order to complete the wagering requirements for the bonus so it is important that I talk about how you can narrow down the choice of slots to your favour.
The first thing you will need to do is to choose a slot worth a high RTP (return to player).
A slot with a high RTP is one of those slots which doesn’t usually go through long spells without a winning spin but instead, returns lots of small wins along the way.
An example of this would be the Bloodsuckers slot by NetEnt.
This slot has an RTP of 98% (to find out the RTP of a slot, Google is your friend and the higher the percentage, the better).
Most online slots have a setting which sets the size of the stake used for each spin and the number of lines which are used for each spin.
The golden rule for this is something which should be etched in stone.
‘Minimum stakes, maximum lines’
So, if a slot has 27 lines and a minimum stake allowance of 1p, that’s what each spin should be, 27p.
It will take longer to complete the wager requirement but if you are using a slot with a high RTP, you will stand much more chance of completing the wagering requirements with a nice little profit.
Do you want to know a short cut?
Of course, you do!
Choose a slot that has the autoplay feature.
An example of this would be the Microgaming classic, Thunderstruck.
An RTP of 96.1% is not the best but set the game up with minimum stakes and maximum lines, set the number of spins you require and then go and do something a little more interesting whilst the game plays by itself.
A word of warning though, on more than one occasion, I have set the autoplay feature up on a slot and spent the next hour just watching it do its stuff.
As you will soon see for yourself, watching it is just a little addictive!