Online Casino Bonus for Risk Free Gambling (go back »)
September 6 2008, 2:54 AM
Advantage players who use bonus offers for an expected profit may be called "bonus hunters", "bonus abusers", or "bonus whores". Some online free casinos have restrictions regarding "the spirit of the bonus offer" which they sometimes use as a deterrent to what they consider "bonus abuse".
Advantage play, bonus hunting, in UK casino signup bonus situations is mathematically possible. For example, the house edge in blackjack is roughly 0.5%. In the example above, £5000 in wagering with a house edge of 0.5% will result in an expected loss of £25. Since the player received a £100 signup bonus, the player has an expected profit of £75.
Some bonuses require no deposit to claim them. Types of no deposit bonuses include:
Advantage play, bonus hunting, in UK casino signup bonus situations is mathematically possible. For example, the house edge in blackjack is roughly 0.5%. In the example above, £5000 in wagering with a house edge of 0.5% will result in an expected loss of £25. Since the player received a £100 signup bonus, the player has an expected profit of £75.
Some bonuses require no deposit to claim them. Types of no deposit bonuses include:
- A no deposit in pure monetary form, for example £10.
- Free spins no deposit, this is where they allow free spins on particular casinos games, and then allow you to keep the winnings.
- Play for a predetermine period of time with x amount of money.
Players should carefully read terms & conditions before claiming a bonus. Some casino have terms and conditions that are not favorable to the player, such as restricting play to slots (slots typically have one of the highest house edges of all games). Other casinos are not reputable and may pay slowly or may find excuses to avoid paying winnings.
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