Why most casino
bonus offers are a scam�
Ever wondered why casinos seem to GIVE their
money away? Ever considered that perhaps they don�t? �
You�ll have seen all the banner ads for 100%
deposit bonus or $100 deposit bonus being offered by many
casinos. Did you ever work out how good that deal really is?
Lets just start by assuming that commercial casinos are not
going to give you something for nothing�
Now we did some analysis of some of the deals
on offer. This one is picked at random and relates to an
actual casino. They offer a 100% bonus on an initial deposit
of $100. Sounds good so far�
Before you can take out your winnings you
need to turnover/wager both deposit and bonus 20 times. This
means that you would have to wager $4,000 before you can
withdraw winnings from this particular casino.
So what games do you enjoy playing? I like
the table games, blackjack and roulette. Sadly, the casino
we looked at doesn�t count wagers on blackjack, roulette,
craps, baccarat, red dog, pai gow or video poker towards the
$4,000!!! So what does this mean? Simple really, it limits
you to playing slots and a few other games�
The real scam here is that they fail to tell
you all this up front, and worse than that the casinos
direct you towards playing games where the house edge
regularly exceeds 10%. So lets work that out � if you wager
just $2,000 on a game with an average rake of lets say 10%
you would be expected to lose $200 on most occasions, which
just happens to be your initial deposit plus bonus. The
probability that you would manage to wager $4,000 against
these house odds before losing your money is extremely
unlikely.
Now don�t get me wrong here, some bonuses are
better than others but usually only for small $. While we
did this work we found one casino, and I mean only one, that
actually pays you a rebate based on the amount you wager
without limitations on the games you want to play.
Let me give you a quick example � if you
wagered a total of $2,000 as above but could choose your
game. Lets say you chose to play Roulette with a European
wheel where the rules include en prison, which is
available at this casino, the house edge on the outside bets
is just 1.35%. So with average luck you would lose just $27�
But it gets even better than that. What blew
our brains out was that this casino actually rebates you a
commission based on the level of your action. I don�t want
to get too complicated here so follow the link below for
more detailed info.
How good is this? Like I said it blew our
brains out when we realised how bad a scam the bonus scheme
is and how good this offer is. As soon as we discovered this
we actually stopped recommending any other casinos.
Find out
more about this casino now� |
