Online casinos offer deposit incentives to lure new customers. These bonuses give customers money to play at online casinos. But, the catch is that you cannot withdraw any profits, and sometimes even your own cash, until you wager what can appear to be a lot.
Online casinos may offer 100% deposit match up to $100. However, the minimum wagering requirement for this bonus is 15 times the deposit plus bonus. The total amount of your bets must exceed $200 to allow you to cash out. This can take some time, especially with a minimum of $1. A player who is not patient will likely place more bets in pursuit of the bonus money.
The problem is that higher bets can lead to swings in variance or short-term luck, which makes it more difficult to win. This is the exact thing the casino is counting on when it offers the bonus. The customer can play low-house-edge casino games like blackjack and keep the minimum wager until they cash the bonus. They are almost certain to get the full amount of the bonus as a return. Because the house edge in online casino blackjack is only half of 1% (or less), this is almost certain.
Use the blackjack bot. This is an automatic-play program that you can install on your computer. It plays the basic strategy for blackjack. The program will make the minimum stake, select the maximum number hands to play to meet the wagering requirements and then it will go to bed. The bot takes care of all the playing and makes bonus cashing a breeze.
When asked about growing popularity of online bots, one casino bot user responded that they must offer deposit bonuses to their customers. “It works well for them because most of the players will become impatient with the casino and place bigger bets m88. This puts them at the mercy and variance.
He added that “the reason casinos make so many dollars is because players will play big and stop after they’ve had a losing streak.” “Bot products can smoothen out losing and winning streaks so that almost all deposit bonuses are cashed-out. These expected values will vary depending on the casino, but typically they will be around 80% to the actual bonus.
Many casinos also offer “reload bonuses”, which are monthly bonuses that can be redeemed every month. This means that a player can deposit again next month to get more bonus money.
It’s really not that simple. Are online casinos content to watch as bots take their promotional bonus funds?
It is not clear what the answer to this question will be. Many online businesses are prepared to counter any bot infiltration by using Myspace (the highly popular social networking website). The extent of the threat to online casino sites is unknown due to a few bot users exploiting a flaw in their bonus policy. It’s also unclear whether they would like to spend the necessary resources or money on it. Bot programmers are always one step ahead online.
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