| Most online gambling sites and casinos offer new players a gambling/casino bonus as an incentive to download and play at their casinos and poker room. This is a great incentive for first time players as your bankroll can generally be doubled, tripled or even quadrupled based on the sign-up offer. The Casinos and Poker room listed below has the largest and best new player bonus offers to be found; in addition to no deposit bonuses and redeposit bonuses. These top rated casinos are also tops for best software, game selection and above average customer support. All are all reputable and score high by players for their fair gaming practices. |
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Clearing Your Online Bonus with Online Slots
If you’ve just signed up with a new online casino and gotten a juicy sign up bonus, you probably can’t wait to start pouring that money into your favourite internet slots machine. Usually you can’t do this right away though. You will have to meet the wagering requirement, which means betting a pre-established amount. This amount is determined by the size of the bonus or the size of the deposit or both. However, will your bankroll survive long enough for you to release your bonus by playing slots?
Online Slots and Your Online Bonus
The key to using online slots to clear your bonus is finding the slot machine with the best payback percentage. Some internet slots are looser or tighter than others, meaning some pay out more and more often. This is determined by what the software sets the payback percentage to be.
If a machine is set to payback 85 percent, it will pay out 85 cents for every dollar it takes in. This may sound good, but it really means a 15 percent edge for the casino. If you have to wager $1,000 to clear a $50 bonus, you may have a problem. If you are losing 15 cents on every dollar, you are losing $15 on every $100 and $150 on every $1,000. As you can see, this does not bode well for your bonus.
Using Your Online Slot Play to Clear Your Bonus
You could just play anyway and hope to get lucky. It could happen. However, a better approach would be to keep searching until you find a better machine. There are online slots that payback 95 percent or more. A 97 percent payback machine would cost you three cents on the dollar, $3 on $100, and $30 on $1,000, leaving you with an average of $20 remaining from your casino bonus, which are much better odds for you. |
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