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Online Casino Bonus Terms

Bonus rules at online casinos come with all free money. What is the reason for this madness? Why do they have bonus terms? I have come up with the following answer to the above questions.
 
Reason For Terms:
Online casinos are protecting their bank by making it difficult to cash out via decreasing winning odds for the bonus player. The casinos use a mathematical system based on good business money management to make sure a player cannot take advantage of the bonus offers. Knowing this, the casinos look to extend the play time to decrease players cashing out ahead. This is what a Bonus Playthrough requirement is: a condition to make players play more. Well, the payout percentages at online casinos are in favor of the house (under 99.5%), everyone knows this, or the casinos would not be profitable. The more a player plays, the greater the odds of the payouts finally tipping back into the house's favor.
 
Casinos know that the bonus player has better odds of cashing out ahead than the straight deposit player. The casinos wouldn't be able to make the game odds worse for the bonus player due to a commitment to Gaming Fairness. The game odds stay the same whether the player claims a bonus or not. If the casino did not have bonus playthrough requirements, the casino would be giving more than taking. The reason for the bonus terms are because casino management is protecting the casino from bonus abuse in the form of players using all bonuses available and cashing out after 10 bets. In this case, anyone could keep hold of their chips with only 10 bets, and cash out. This bonus player would then move on to another bonus at the same or different casino.
 
Casinos know that players like bonus offers and will offer more than one bonus to the player to keep them active. But what this could do is force casino management to make the game payouts for all players more in the house's favor. This change to worsen the payout percentage could be done to protect the casino's bank. This is where the mathematical calculations come into play. The casino should figure out the ideal formula to make sure the bonus player does not have an edge in the long run. Important things to look at, from the viewpoint of casino management, are bonus amount, payout percentage of each and all games, and playthrough requirements.
  • Bonus Players take free casino money.
  • Bonuses tip the odds in favor of the player.
  • The player has to play for at least 25 minutes to meet the playthrough requirements.
  • The payout odds tip back into the house's favor.
  • Bonus Players take a little more home than non-bonus players.
  • The bonus player is happy.
  • The non-bonus player knows that the bonus player is worsening his payout percentage.
  • The non-bonus player must play with a bonus to maximize his payout percentage.
  • Casino Management already has it's calculations figured out. If there is ever a time when players begin taking more than the casino is getting, then there needs to be a change in the formula. 
The casinos, for the most part, are more giving to new account holders. The idea is that if you are happy and win in the beginning, then you'll come back and deposit big money.
 
Bonuses are part of the casino experience and to not take one is to play with worse winning odds than the bonus player. I say players should redeem all bonuses and cash out once the playthrough requirements have been met. Look for other ways to get free money at the casinos you're already registered with. Taking bonuses is vital to the player who wants the odds more in his favor.
 
 
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