Tips and Tricks for Using Casino Bonuses Responsibly

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BetMGM Aug 30, 2023, 11:34 AM

In addition to the convenience, flexibility and sheer variety of games, a primary benefit of playing at an online casino rather than a brick-and-mortar establishment is the range of bonuses available. 

Sometimes daily, often weekly and always monthly, online gambling sites constantly offer their customers enticing bonuses and promotions. Additionally, most digital casinos, such as BetMGM, reward newcomers with sign-up bonuses. 

But as the popularity of gambling online increases, so has the number of scams and frauds. This article post offers five casino tips and tricks to ensure you utilize bonuses responsibly. 

What Is a Casino Bonus?

So, what is a casino bonus? From free spins and buy-ins to exclusive game entrances, they’re promotional incentives to increase the footfall of certain games. 

Classic examples are “Deposit $10 and receive an additional $15,” or “Collect 15 free spins.” Newbies often make a common mistake with bonuses by trying to cheat the system. For instance, they’ll register for deposit bonuses and instantly withdraw the additional cash to try and make a profit without gambling, which is very often not possible. Casinos see this one coming, which is why they often offer only non-cashable bonuses which can only be used on their site. 

Strategies To Incorporate With Casino Bonuses

Many experienced gamblers are constantly monitoring and taking advantage of available bonuses. They collect free spins and bets and protect their bankroll by doing so. If you’re a beginner, using a casino bonus is a great way to familiarize yourself with a new game before investing money. Here are some useful strategies to help you make effective use of casino bonuses.

1. Read the Terms and Conditions

Reading through the terms and conditions is key to understanding casino bonuses. Although reading through the short text can be tedious and time-consuming, it offers crucial information to avoid nasty surprises.

The terms and conditions will include everything from withdrawal policies and deposit requirements to minimum and maximum betting limits. Dissecting the company’s policies and bonus layout is a great way to discover whether the bonus is worth it.

It’ll also allow you to identify whether it’s a sticky or non-sticky bonus. A sticky bonus is a non-cashable bonus, meaning you can only use the cash to gamble with and can’t withdraw it. In contrast, a non-sticky bonus allows players to withdraw the winnings (if any) as well as the bonus cash. 

2. Bankroll Management

Strategic bankroll management is another critical component of an experienced gambler’s game. Not only does it enable longevity during a match, but it also allows flexibility to make aggressive bets without the risk of losing all your chips. To maintain a healthy bankroll, players often set limits on the amount they can deposit, bet or withdraw — adhering to these limits is vital to ensure effective bankroll management and should influence the bonuses you take. 

For example, if your deposit limit is $20 a week and the company offers a “Deposit $25, and we’ll double it” bonus, as enticing as may seem, if it’s over your limit, wait for the next deposit bonus in your price range.

3. Avoid Chasing Losses

A clear sign for knowing when to leave the game or pause and take a break is when you notice yourself chasing losses. The effects of a heavy loss are often detrimental, but it can be more damaging when you try to make up for it quickly. Doing so usually results in aggressive and out-of-character bets, which can lead to mistakes and heavier defeats. 

4. Maximize Bonuses

To maximize the value of bonuses, gamblers often employ wagering strategies to increase the real value of bonuses. A popular method is to choose games with a lower house edge, such as video poker or blackjack. Regarding online slots, they’ll opt for low-to-medium-paying slots where the chances of winning are significantly higher than with high-paying slots.

At the start of a game, players place small bets and gradually increase their bet sizes once they’ve experienced a series of wins. 

For gamblers, there’s a wide variety of digital casinos to choose from, meaning there are a lot of bonuses, too. Be sure to compare the promotions of different casinos to ensure you’re playing on the site best suited to you. For instance, if you only play poker, look for casinos that regularly offer poker promotions. 

Each casino offers different bonuses. The trick is to discover which establishment’s promotions best suit your gaming preference. Great ways to identify this include scouting several websites, reading blogs and asking online gambling communities through Discord, Reddit or X. 

5. Managing Wagering Requirements Effectively

Whether it’s poker, roulette or a slots bonus, it’s vital to know the wagering requirements to ensure you’re eligible for the bonus — the requirements can be the number of times you must bet to the value of your deposit. Ensure that you track your progress to manage wagering requirements effectively. 

Exclusive bonuses are great promotions to take advantage of as they usually offer higher incentives than regular ones. Reload bonuses are also great, as they add value to your deposit. These often occur during holidays or special days of the year, such as Thanksgiving. 

How To Avoid Scammers

Unfortunately, bonus scams and frauds are prevalent in the industry. Good indicators to identify whether it’s a scam are if you’ve been contacted without providing any information, if you’re required to send money upfront or if you are asked to provide personal information. 

Researching reputable casinos is another effective way to avoid scams. Read the casino’s reviews, research their background and ask online groups whether the company has been tried and tested.

Enjoy Fruitful Bonuses on BetMGM

With weekly and monthly bonuses for a variety of games, BetMGM is the perfect platform to take advantage of promotions.  

Register today and enjoy a selection of themed tables and social as well as live dealer games. From Slingo, themed slots and bingo to live dealer poker, roulette and blackjack, play from anywhere at any time.

Actress Vanessa Hudgens flipping casino chips next to the text "The King of Casinos"
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Our BetMGM editors and authors are sports experts with a wealth of knowledge of the sports industry at all levels. Their coverage includes sports news, previews and predictions, fun facts, and betting.

Our BetMGM editors and authors are sports experts with a wealth of knowledge of the sports industry at all levels. Their coverage includes sports news, previews and predictions, fun facts, and betting.