5 Tricks for Using Casino Bonuses to Make Profit
Last Updated: August 20, 2022
Bonuses can be a great way to make some extra online casino real money, but they can also make you lose money if you’re not careful.
However, no one can dispute the fact that promo deals and offers can significantly boost your bankroll if used skillfully.
The point is to maximize their effect by using a clever online casino strategy. So, how do you make the most of casino bonuses? How do you ensure they don’t turn against you and become a huge money drain?
In this post, we will explain to you five tips that will help with that. Let’s take a look!
1. Read the Terms and Conditions Carefully
This is our number one for a reason. The most important thing you need to do before claiming any offer is to read its terms and conditions when you join new online casinos 2022.
Why? It’s because T&Cs are where all the crucial information is hidden.
The T&Cs will tell you everything you need to know about the best online casino USA, including its wagering requirements, eligible games, maximum bet size, expiration date, and so on.
If you don’t read them, you risk making a costly mistake that will result in you not being able to cash out your winnings or, even worse, in the casino confiscating your money. So, make sure you take the time to read the T&Cs before claiming any offer!
2. Choose Bonuses with the Lowest Wagering Requirements
Wagering requirements are the number of times you need to play through a bonus before you can withdraw your winnings.
For example, if an offer has x40 wagering requirements, that means you need to bet the bonus amount 40 times before you can cash out.
The thing is, some US casinos have pretty high wagering requirements, which makes it very difficult to meet them and cash out your winnings.
When choosing a bonus, always go for the one with the lowest wagering requirements. That way, you will have a better chance of making a profit.
To give you an idea of how much wagering requirements can differ, the industry average is around x30, but some casinos have wagering requirements of x60, x70, or even higher. So, always check this before claiming an offer.
3. Pick Bonuses That Allow You to Play Your Favorite Games
Some casino bonuses are only eligible for certain games. For example, you might come across a bonus that can only be used on slots or one that can’t be used on progressives.
Each game might have different wagering requirements, so it’s important to pick a bonus that you can use on the games you like to play the most.
When choosing a bonus, do your best to pick the one that allows you to play games without limitations. That way, you will be able to use the bonus to its full potential and have more fun in the process.
Otherwise, you might end up not being able to meet the wagering requirements and losing your bonus. The bottom line is that you need to target bonuses that apply to your primary games and themes.
4. Take Advantage of Reload Bonuses
Reload bonuses are offers that are given to existing customers when they make a deposit. They are usually smaller than welcome bonuses, but they can still be very lucrative if used correctly.
The key is to take advantage of reload bonuses when you have a bad run, and your balance is low.
That way, you will be able to boost your bankroll and keep playing without having to make another deposit. Just make sure you read the T&Cs carefully so that you don’t accidentally miss out on the bonus.
5. Don’t Chase Losses
This one is more of a general gambling tip, but it’s still very important. One of the most common mistakes that players make is chasing their losses.
It means that they keep on playing even when they are on a losing streak in the hopes of winning back their money.
The problem with this approach is that it often leads to gamblers spending more money than they can afford and ending up in debt.
So, if you find yourself losing more than you can afford, the best thing to do is to take a break and come back another day.
Chasing your losses rarely ever becomes a way to make money. On the contrary, it is usually a surefire way to end up losing even more money, so it’s best to avoid it if you want to make a profit from casino bonuses.
The Bottom Line
The most important thing if you want to make a profit from casino bonuses is to be disciplined and stick to your strategy.
No matter how good of an offer you find, there will always be a risk of losing money.
So, make sure you only gamble with money that you can afford to lose and always set a budget before you start playing.
If you can do that, then you will be well on your way to making a profit from casino bonuses! Thank you for reading!