Turn Bonuses into Cash while using Authentic Strategies
You can ask any betting enthusiast in the United States and they will tell you without hesitation that the internet has greatly improved gambling. Not only is it more convenient, but it's also more lucrative and profitable than ever. With loads of online casinos providing an assortment of promotions and bonuses to players across the internet, you will have ample opportunities to beat the house in the comfort of your own home.
However, even though there is an abundance of promotions and bonuses available in the online gambling industry, most players don't possess the necessary strategies to get the most out of these generous offers. It's for this very reason that we created a comprehensive guide that will increase your chances of turning bonuses into cash more often. With that in mind, let's take a look at some useful strategies that you can incorporate into your gaming sessions to turn bonuses into cash going forward.
Understand the Playthrough Requirements
Nearly all promotional offers at online casinos in the United States will come equipped with playthrough requirements that you'll need to meet before you'll be able to make a withdrawal on your account. If you want to successfully turn bonuses into cash, you will need to understand what playthrough requirements are and how they work.
Playthrough requirements will be present when you claim no deposit bonuses, welcome packages, cashback deals, reload promotions and any other promotional offer you might come across while playing online. It's what gambling sites use to ensure you don't make a withdrawal once the bonus hits your account and is a great indication of whether or not the gambling site is fair and honest towards its players.
A typical online casino in the USA will usually require that you wager the welcome bonus between 30 and 50 times. The higher the wagering requirement, the more difficult it will be for you to turn bonuses into cash. For instance, if a $100 welcome bonus comes with a playthrough requirement of 30 times, you will essentially need to wager $3,000 before the bonus is transferred to your cash balance. On the other hand, if the $100 welcome bonus requires that you wager the bonus 50 times, you will need to wager $5,000 before the bonus is cleared.
Therefore, it's highly recommended that you look for a promotional offer where the playthrough requirements are at it's lowest. This will give you a better opportunity to turn bonuses into cash more successfully. You will also be able to complete the playthrough requirements in a shorter time frame if it's only 30 times compared to 50 times.
Recognize the Time Limit
One of the biggest mistakes that online players make at their favorite gambling sites is to avoid reading the terms and conditions, especially when it comes to the expiry date. Promotional offers aren't available forever and will only be available for a couple of days or weeks before it's removed from your account. It also indicates the amount of time you'll have to meet the playthrough requirements before the offer expires.
No deposit bonuses are only available for 7 to 14 days after registering a new account, while welcome bonuses and ongoing promotions will give you up to 30 days to clear the offer before it's removed from your account. The more time you have to clear the bonus, the better your chances will be to turn bonuses into cash. Evaluate the expiry date before claiming the offer and ensure you have enough time to clear the bonus before it's too late.
Evaluate the Game Contributions
Apart from evaluating the playthrough requirements and expiry date, you will also need to pay close attention to the game contributions found within the fine print to successfully turn bonuses into cash. This is important because it will indicate which casino games will contribute the most towards your playthrough requirements. Some of the best gambling sites in America will have the following game contribution percentages for all games available on the virtual casino floor:
- Slots, Board Games, Keno, and Scratch Cards: 100%
- Card Games (Tri Card Poker, Video Poker, and Blackjack): 20%
- Roulette and Roulette Multiplier: 10%
However, there are online casinos where the percentages will differ from one game to another and it's up to you to find a gambling site where your favorite games contribute the most towards your playthrough requirements. If you enjoy slots with free spins, you shouldn't have a problem finding an operator with a 100% contribution. However, if you play table games or video poker, you will need to compare sites until you find one that contributes the most towards your wagering requirements.
Search for Casino Games with a High Return to Player Ratio
Although the terms and conditions play an important role when it comes to turning bonuses into cash, you will be pleased to know that it's not the only strategy you can use to increase your chances of winning. It's a proven fact that the more you win at the casino, the easier it will become to successfully clear the playthrough requirements, and this is where the return to player ratio comes into play.
The return to player ratio is a term that online casinos use to indicate the percentage that casino games will pay back to you over time. For instance, if you wager $100.00 on a video slot with a return to player ratio of 90%, you can expect to receive $90.00 back in winnings. Therefore, you will need to locate casino games with high return to player ratios to further increase your chances of winning over the long run.
Some of the most popular casino games that impress with some of the highest return to player ratios are video slots, video poker, and blackjack games. There are video slots that can give you an RTP as high as 98.00%, while video poker is known for providing RTP's as high as 99.00%. You can also look for single-deck blackjack games that are renowned for providing a return to player ratio as high as 99.00% which can be further enhanced when you use a basic betting strategy during your gaming sessions.
Play Video Slots with a Low to Medium Volatility Level
Slots are undeniably the most popular casino games at any gambling site thanks to their unique storylines, betting options, and payline structures. However, did you know that slots also come equipped with a volatility level that can tell you how frequently the slot will provide a payout? There are three volatility levels when it comes to online slots, including low, medium, and high.
High volatility slots will provide enormous payouts but you'll need to spend a great deal of time within the game before these huge payouts come your way. Low volatility slots will provide tons of frequent payouts but they are usually quite small. Medium volatility slots are a mix between the two, providing loads of medium-sized payouts quite regularly.
To increase your chances of turning bonuses into cash, we recommend that you only play low to medium volatility slots as these games will continue to provide payouts that will assist you in clearing the bonus. Playing high volatility slots is quite risky as the payouts are far and few and you might run out of money before a huge winning opportunity will come your way.
Learn Basic Betting Strategies for Table and Card Games
If you don't enjoy playing video slots at your favorite online casino, you will appreciate the fact that you can also play a wide range of table and card games to lower your playthrough requirements while incorporating a basic betting strategy. The internet is filled with useful betting strategies that you can use on games like Blackjack, Video Poker, Baccarat, Roulette, and Craps.
For instance, when playing a video poker variant like Jacks or Better, look at the paytable and ensure the game pays out 9 coins for a full house and 6 coins for a flush. This is known as a 9/6 machine where the return to player ratio is a whopping 99.54%. While playing roulette, make sure you only play European Roulette with a single zero as opposed to American Roulette that features a single and double zero. The house edge for American Roulette is 5.26%, while European Roulette has a house edge of 2.70%.
There is also a wide variety of betting strategies available online that you can use to increase your chances of winning. For instance, you can take a look at the famous Martingale system, the Labouchere system, the Patience system, a Ludicrous Craps system, and many others. Learning these betting systems can be daunting at first but once you understand how they work, they can greatly enrich your playing experience while assisting you to turn bonuses into cash.
There are plenty of generous promotions and bonuses available at most online casinos across the United States but if you don't know how to make the most of them, you will struggle to walk away with a profit. By using the strategies we included above, you will have a much better chance of turning bonuses into cash, making your online gaming experience even more enjoyable than ever before. So, what are you waiting for? Visit our casino review section to find a gambling site that is bested suited for you and try our strategies to see if you can walk away as a winner.