Top 5 Disadvantages of Online casino Bonusesby Alvina Jennifer Content Marketing & Digital Marketing for Lifestyl
As a new user, getting deposit and free spins bonuses are always a treat and make you feel to play the game. But this is not good as it seems, there are a lot of complications which are hidden in the online casino bonuses glitter. In this blog written by PreviewCasinos, we will point out the most common drawbacks with free spins and deposit bonuses in general. We will also give you tips on how to combat them and take full advantage of it. Here are the most common disadvantages of online casino bonuses:
1. Ignoring the minimum requirement for the bonus –
If you are not able to fulfill the minimum requirement that a bonus wager requires. Then you will never be able to withdraw your winnings which you might have stacked up. This means that every online bonus comes with a minimum betting requirement, i.e., you need to bet a minimum times before you become eligible to cash out your deposit bonus or free spins.
These wagering requirements can be found in the bonus T&Cs. E.g., $40 no deposit bonus comes with a 20x wagering requirement. Then you need to bet at least $40 x 20 ($800) before you can make a withdrawal. This gives the casino a chance to win because the more you play, the more chance the casino has to win money.
2. Restriction on your free cash out winnings –
Every casino advertises about the no deposit bonus offered at their casinos. However, they cap a limit on how much winnings you can cash out. This is called “Maximum withdrawal limit” and is usually listed in the bonuses T&Cs, and it is a business tactic designed to keep the casinos from going bankrupt. Imagine everyone withdraws their winning from the casino at once, using their 100% free bonus or any other bonus deals. Then the casino will go ‘cleaned out’ easily. Hence they implement “Maximum withdrawal limit”.
3. Winnings from free spins don’t convert into 100% money –
Whatever your winnings are from free spins don’t convert from 100% hard cash. They are mostly converted into bonus cash or regular casino bonus. If you fulfilled the wagering requirement, you would be able to make the withdrawal.
Many times, not all free spins are made equal. Some let you withdraw your bonus winnings without a deposit while others have to make a min initial deposit to unlock your winnings. So it’s better to read the T&C beforehand.
4. Certain games are forbidden to play with no deposit bonuses
Casinos often restrict the number of games you can play with the no deposit bonus. These games are mostly games with average RTP and popular themed games so that the player can be addicted to them and come back to play even if they lose their bonus.
Players often don’t mind when they lose their free bonus and once addicted still go on to play with their own money. If they win, they are most likely to go on to play with their own money.
5. Min days before your free spins or bonus get expired
All types of casino bonuses come with expiry dates. At Most casinos give its player 7 to 30 days to use their bonus from the day you unlock them. This is a stringent rule and non-negotiable in any condition. An even harsher rule is when your bonus expires, so will your winnings from the bonus. Hence to avoid having your bonus expired; you need to check the T&C on the bonus page before you unlock them.
Created on Mar 21st 2019 13:51. Viewed 107 times.