Las Vegas and Atlantic City used to be the go to places for fulfilling gambling needs, but traditional casinos are fading while new online casinos thrive.
There are plenty of reasons for why the tide is shifting into this direction.
Top Online Casinos with the Best Welcome Bonuses in 21 January 2023 – Updated List
The allure of no deposit bonuses
Trying to find the best online casinos can be a tedious process and it often feels like looking for the needle in the haystack. The good news is that there are a couple of pointers that can be followed to speed up the process and it all begins with singling out the welcome bonuses. Obviously, the best-case scenario is to receive a no deposit bonus which allows you to play any of their games without risking a nickel.
Online casino real money bonuses that are awarded without demanding a prior deposit are usually small and need to be played through several times. Since this is a gift, there are many players who don’t pay too much attention to the wagering requirements and simply hope for the best. The problem is that some operators make it virtually impossible to redeem the cash and there are also bookmaker withdrawal limits.
Start on the right foot with free spins
The second best thing after no deposit bonuses are the free spins and most of the new online casinos are offering such incentives to their players. These are by far the most straightforward freebies that one can hope for, with the only problem being that they are limiting players to slot machines. Furthermore, the vast majority of free spins don’t allow new members to browse around and play different games but are instead aimed at a particular title.
On the bright side, the free spins are normally focusing on some of the latest releases that the online casinos are trying to promote. They feature state-of-the-art graphics, compelling animations and have numerous winning combinations, so at the end of the day this is a win-win situation. Another thing to consider when trying to decide between one online casino or the other is whether the profits made as a result of easing the free spins are cashable or subject to wagering requirements.
Ideally, the winners should be allowed to use these winnings as they see fit, but only a fraction of online casinos are making this possible. In most cases, players will have to spin the profits as well, although they are no longer restricted to a single slot machine and can browse the entire collection of games. Some of them have a better ratio at clearing the bonus, so they should be preferred by those who hope to withdraw the funds as soon as possible.
Play for real with matched deposit bonuses
No deposit bonuses and free spins are the kind of freebies that online gambling operators are aggressively advertising, in an attempt of drawing attention. The best casino bonuses are actually those having the initial deposit matched by a certain percentage and which can go as high up as thousands of dollars. Those who have higher expectations and are serious about gambling over the Internet will inevitably make this step, which allows them to consolidate their bankroll.
There is usually a minimum and maximum deposit that qualifies for the best casino bonuses and they are normally restricted to the first deposit. Some gambling sites allow their members to split their initial deposit into two or three smaller ones, but this is the exception rather than the rule. The prospect of maximizing the return on investment is alluring, but players should think twice before depositing the maximum amount, hoping to collect the corresponding big bonus. Instead, they should first start with no minimum deposit betting and then move to high-stakes betting sites.
Online casinos such as the ones we encounter on gambling sites in Bulgaria have strict wagering requirements and if you fail to meet them, this would defeat the purpose of applying for the biggest bonus. That’s why it is preferable to choose bonuses that are released incrementally because they provide you with the chance to clear one at a time. Greed has always plagued gamblers in both land-based casinos and over the Internet, so set reasonable goals for yourself.
The truth about wagering requirements
Even the best bonuses offered by casinos, such as Slots.io, can be rendered useless by impossible to meet wagering requirements, so this is something that all players should keep in mind. It is only safe to say that nowadays there is no place out there where members are awarded freebies that are instantly cashable. The online gambling operators know that this would lead to the abuse of promotions, so they impose certain limitations to actually compel players to play their games.
Online casino real money offers have wagering requirements that usually depend on how easy the bonus is credited and how high as it gets. No deposit bonuses and free spins can easily be converted into profits, but the downside is that they can be pretty difficult to redeem. Some of them need to be played through as much as 40 times, while the selection of games is limited to a handful of titles. Statistically, the house edge will eat away at the profits, so after playing the amount through dozens of times, many players are left with only a fraction of their previous winnings.
Another thing that needs to be known about wagering requirements is that different games have a different stake percentage contribution. Slot machines, arcade games and scratch cards are by far the most effective at rolling over bonuses, as they count for 100%. The obvious shortcoming is that they only return around 95% of the investment, so you need to be lucky enough to generate profit. By comparison, table games such as blackjack and baccarat have a lower house edge if the player uses perfect strategy, which explains why they only have a 10% stake contribution.
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