Over the past six months I've come to the personal conclusion that most signup bonus are not worth the effort. That generalization applies to the standard 100% match with 15x wagering requirement and game restrictions. Bonuses over 100% - well maybe!
That $25 deposit and a $25 bonus becomes a $750 gambling requirement. Assume for a moment a 10% house edge on slots (with a $50 bankroll the odds of major bonus win before busting are pretty small). You're theoretical loss is more than your bankroll. I call that a slow painful death as your credits go into a slow motion death spiral. For that torturous demise you have voluntarily restricted your choice of games. Attractive upfront but ultimately disappointing.
Now consider another option. $25 deposit with no bonus. You can play anything you want. For me a $25 hand of blackjack is the best choice. Win that hand and I've achieved the 100% match in minute. In fact, if I get a blackjack, I've just gotten a $150% bonus. Lose that hand and it's like a death by guillotine, quick.
Note that I'm saying ONE hand of blackjack, double or nothing. If I win, then I can play anthing I want and cash out whenever I want. Seems like a better deal than the signup bonus that comes with a chain boat anchor.
Finally, I'll take the bonus if (1) the bonus is 200% or more simply because I fell less likely to bust before completing the 15x wagering requirement or (2) the casino lets me count blackjack or video poker towards the 15x. To me that's a fair contest.
P.S. I only open one new account a month so that death by guillotine remains within my emotional comfort zone.
That $25 deposit and a $25 bonus becomes a $750 gambling requirement. Assume for a moment a 10% house edge on slots (with a $50 bankroll the odds of major bonus win before busting are pretty small). You're theoretical loss is more than your bankroll. I call that a slow painful death as your credits go into a slow motion death spiral. For that torturous demise you have voluntarily restricted your choice of games. Attractive upfront but ultimately disappointing.
Now consider another option. $25 deposit with no bonus. You can play anything you want. For me a $25 hand of blackjack is the best choice. Win that hand and I've achieved the 100% match in minute. In fact, if I get a blackjack, I've just gotten a $150% bonus. Lose that hand and it's like a death by guillotine, quick.
Note that I'm saying ONE hand of blackjack, double or nothing. If I win, then I can play anthing I want and cash out whenever I want. Seems like a better deal than the signup bonus that comes with a chain boat anchor.
Finally, I'll take the bonus if (1) the bonus is 200% or more simply because I fell less likely to bust before completing the 15x wagering requirement or (2) the casino lets me count blackjack or video poker towards the 15x. To me that's a fair contest.
P.S. I only open one new account a month so that death by guillotine remains within my emotional comfort zone.