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Should you accept a casino bonus?

Should you accept a casino bonus?

You do not have to accept a casino bonus when you start playing in an online casino. You can choose not to get a bonus and hence not be bound by the bonuses terms and conditions.

Most individuals who sign up for an online casino is attracted by the bonus. They think that the bonus is a great way to get more money to play for and might even choose the casino that gives them the largest  bonus. While I do not recommend doing this I understand why a large casino bonus can be very alluring and why some people want a big bonus. The fact is that a big bonus can be a great thing. It gives you more money to gamble for. But it is not a good thing for everyone. There are a number of reasons why you might not want to accept a bonus.

Whenever you accept a casino bonus you also accept the terms and conditions that are associated with the bonus. The terms and conditions set a number of rules and regulation that you have to adhere to until you have met the bonus requirements set out in the term and conditions. If you violate the terms and condition you might lose your account and all money in that account.

The only type of bonus you can accept without worrying about the terms and conditions is the no deposit bonus. A no deposit bonus is safe to accept as long as you do not deposit money afterwards. If you want to deposit money (or withdraw money you won using your no deposit bonus) then you need to reed the terms and conditions first.

Common rules included in the terms and conditions include:

Wager requirements

Almost all casino bonuses are tied to a wager requirement. A minimum amount of money that you need to bet before you have fulfilled the requirements for the bonus. You can usually not withdraw any money from your account before you fulfilled the requirement. You can read more about wager requirements on our bonus page.

The gamble requirement can force you to gamble more than you would want.

Which games you can play

You are usually allowed to play any game you want from the second you register in a casino. The terms and conditions can, however, include rules that exclude some games from counting towards the wagering requirement. It does not matter how much you play these games. You can never meet the requirement. These rules can force you to play games you do not want to play to be able to meet the wagering requirement and withdraw your money.

Bet size

Many casinos include rules for how much money you allowed to bet on a single hand/spin until you have met the wagering requirement. You are not allowed to bet more than a certain percentage of your deposit on any single round. If you bet more than that percentage they might close your account and seize your money. This is true even if you only made one single spin with a larger than allowed bet. Reputable casinos will usually understand that mistakes can happen but less honest casinos can use this as an excuse to keep your money.

Time limits

There might be a time limit on how quickly you need to fulfil the wagering requirement. This rules can force you to gamble more than you would like.

Conclusions

Accepting a bonus can restrict your freedom and put you in a position when you can not stop playing if you want to be able to withdraw your money. It can also restrict what games you can play and how much you can bet. All of this can have a negative effect on your experience. This is especially true in cases where you are forced to gamble more and for longer than you would want. This can increase the risk of gambling addiction.

If you want to register in a casino to play for fun and expect to lose all your money then it can be a good idea to accept a bonus. It gives you more fun for your money. If you accept a bonus you should never deposit more money than you feel that you can lose as a part of your entertainment budget. Do not deposit extra money into your account to get a large bonus thinking you will withdraw it later. Odds are that you will lose it before you met the wagering requirements.

If you are uncertain if you like casino gambling or if you want to play games that are often excluded from the bonus wager requirement (blackjack and roulette) then you should never accept a bonus. The same is true if you want to be able to withdraw the money whenever you want.

Accepting a bonus give less reputable casinos a long row of reasons to close your account and keep your money. By not accepting a bonus you make this a lot harder.

Choosing a sports book

Choosing a sports book

Choosing the right sports book can have a significant impact on your chances to win money. This is especially true if you want to bet on a less popular sports or leagues. (Something I strongly recommend) Different sports book will offer a different selection of sports and games to bet on. They will also provide different odds. The odds on the same game at different brokers are often similar but not the same. There is usually a 0.10 -0.20 difference or more. This might not sound like much but it makes a huge difference in the long run. Placing a bet with a 0.05 higher odds makes it a lot easier to make money as a punter. A small difference in odds allows you to increase how much you win without affecting how much you lose. It is a net positive that allows you to make money with a lower success rate. Click here to get about legalize sports betting.

It is very important to always place your bet in whichever sportsbook offer you the best odds.

Where to find the best odds

Now you might be asking yourself. How do I find the sportsbook that offers the best odds? The simple answer to this question is that you cant. There is no sportsbook that always offers better odds than other sportsbooks. One sportsbook will provide the best odds for one bet while another will provide the best odds for another bet.

Register with many sports books

If you want to maximize your chances to earn money, you should not be looking for the best sports book. You should not be looking to register with one sports book. You should be looking to register with several of them. The more the better. By registering with a lot of different sports books you can make sure to place every bet where you get the best odds. Where you have the best chance of making money.

The drawback to being registered with several sports books is that you need to keep funds available in different accounts. This limits the amount you can have available in any single account. You should never make any bet that is larger than 2% of your bankroll anyway so this should not be a big problem. It is possible to move the money between different sports books to where you need it, but I do not recommend this technique because it is a lot of work and withdraws can be slow. It is better to always keep money available in the account of each sports book you use.

I recommend that you start by registering with 3 or 4 leading sports books such as William Hill, Bwin, BetSafe, Betway or Ladbrokes. You can then gradually register with more sports books as your bankroll grow.

Where to place each bet

Your goal should be to place each bet where you get the best odds. To be able to do this you need to check the odds on each of the sports books you use before every bet. This requires some extra work but is worth doing none the less. There are numerous different odds comparison websites online where you can compare the odds for a particular game. This makes it easy to place the bet where you get the best odds. It also makes it easy to find new sports books that offer good odds for the events you want to bet on. Never be afraid to register with a new sports book to get better odds on the events you want to bet on.

Only use trusted regulated sportsbook

You should never register, deposit money or place bets with a sports book unless that sports book is regulated and licensed by a well regarded licensing body. The odds of getting scammed is very high if you decide to use a none regulated sports book.

Bonus arbitrage

Bonus arbitrage

Bonus arbitrage is a method used to earn money by abusing the bonus many sports books offer new players. Bonus arbitrage is a way to circumvent the betting requirement and allow you to withdraw the money you received as a bonus.

I do not recommend that you use this technique. It is a against the terms of service of the sports books, and you will get banned if they catch you doing this. Any money that you have deposited to your account will be forfeited if they ban you. This techniques is very dishonest and tries to rig the system by playing the different sports books against each other. Please note that several sports books have the same owner and could therefore easily discover what you are doing by cross-referencing their data.

The only reason that I am talking about bonus arbitrage and how it works is that fraudulent individuals are selling this information online. Sometimes at very high prices. I am providing this information for free to make it harder for these scammers to charge for this information.

What do you need

To be able to perform bonus arbitrage you are going to need a decent sized bankroll. Large enough to be able to claim a free bet with a large number of sports books. It is possible to do it with less money but doing so will take a lot more time since you will need to transfer money to and from sports books. You can only use this technique once which each sports book.

You will need to locate a number of sports books that offer a free bet. Arbitrage can be done with 2-4-8-18-32-64 sport books. The more sports books you include, the more money you can earn. You can usually earn USD 25-50 for each sports book included in the arbitrage.

Make sure that you can withdraw your deposit if you lose your free bet. This is often, but not always possible. The free bet is usually considered a bonus if you win the free bet. If you lose then the money in your account is usually consider your money and can be withdrawn. Get to know more about gambling activities which take place on broadcasting, data casting and online platforms by visiting https://www.infrastructure.gov.au/media-technology-communications/internet/internet-governance/interactive-gambling

Do not try this technique in sportsbooks that do not allow you to withdraw your money if you lose your free bet. If you are not allowed to withdraw your original deposit, then this will not work.

How to do it

Once you have registered with different sportsbooks and claimed your free bet you pair the different sportsbook in a betting bracket. You then place the opposite bet in different sportsbooks using your free bet so that you win in one sportsbook and lose in another. Skillfully choosing the game to bet on should allow you to retain 90% or more of the free bet value. The sports books with the losing bets have served their purpose, and you can withdraw your money from these brokers. In the remaining sportsbooks, you will have winning bets. The winnings are considered a bonus and need to be wagered a certain amount of times before you can withdraw your money. To solve this problem, you repeat the process of placing opposite bets in different sportsbooks until you only have one sportsbook left where you should have a large sum of money you have won and for which you have met the wager requirements so that you can withdraw the money. (always double check this before you try to withdraw your money.

Doesn’t the sports books get what they deserve?

I sometimes get told that you should use this technique because the sports books deserve to get scammed. They rig the game to make sure they win your money. There might be some truth to this if sports betting was a luck game, like a casino. But the truth is that sports books offer a service that allows you to win money by being a skilled punter. The game is not rigged to guarantee that the sports book wins money.

Most people do not take the time to learn how to make money betting on sport. But that is not the sports books fault. The sports book offers a service where you can make money if you are skilled. They just bank on the fact that most sports bettors aren’t skilled. They offer you a fair chance to win. It is the people who bet without doing their research that deserve to lose. Not the sports book that gives you a fair chance to win. Since they offer us a fair chance to win, we should try to win fairly without resorting to this type of schemes.