online casino nz dollars

What is a deposit bonus?
bonus
The appeal of this bonus to the player is immediately apparent. The customer best paying online casino australia https://australiacasinoonline.com/best-payout-online-casinos/ deposits a certain amount into the casino, and in addition to having money on deposit, the casino hands the player an additional bonus amount (usually about 100% of the value of the deposit).

Essentially, this means that instead of playing with 100 in his account, the player who receives the 100% deposit bonus will initially have 200 to play with.

Limitations on receiving the bonus
Of course, casinos quickly realized that such an offer would likely be abused by players who deposited cash https://newzealandcasinosonline.co.nz/online-casinos-nz-dollars/ , received their bonus, and then withdrew their deposit using only casino money to play. As a result, strict wagering requirements have been put in place to prevent unscrupulous players from abusing the bonus.

Bonus account in the casino
bonus-account
How the system works is explained as follows: once a player has received his bonus, he actually has two casino accounts. The first is a real money account, to which players put money and to which any winnings from real games or additional deposits from the player are added. In the above example, this account would be 100 in. The player can make a withdrawal back to the bank account from this account at any time.

The second account is a bonus money account. Again, in the above example, this would mean that the player has 100 in his account and receives a 100% deposit bonus of 100. However, the BONUS money can only be withdrawn and transferred to your real money account after the wagering requirements are met.

Bonus wagering requirements

Each casino may have its own wagering requirements, and it's not unusual for a casino to ask a player to wager 20, 30, 40 or even 50 times the bonus he received before being allowed to withdraw any money from the bonus into his real cash balance and then being able to withdraw it.

The result of this is that a player who receives a bonus payout of 100 from a casino with a 40x wagering requirement must wager a total of 40 x 100 or 4000 before he can transfer the cash from his bonus to his real money account.

It's important to note here that this means the player has to wager 4,000, not just win 4,000. If the player had bet his 100 bonus on the roulette bet and turned 100 into 3,500 and then bet another 100 and won again, he would have won 7,200. However, the player only bet 200, so he would need to bet another 3,800 to meet the wagering requirement.

Advantages and disadvantages
Not all casino games and bets will contribute equally to your wagering requirement.

Wagers and games with low house advantage, such as red/black bets in roulette or games such as blackjack, can only contribute a portion of the wager to meet the wagering requirement.

Conclusion

Pre-loaded deposit bonuses are great for players who want more play for their money. They certainly provide that. What they don't provide is a guaranteed way to make money at the casino. They certainly give you a better chance of winning, but there is no guarantee that you will make enough money or bets with your bonus money to turn it into a solid profit. If you don't want to make a deposit to the casino, you can take advantage of a no deposit casino bonus.