Welcome bonus - how to wager it to get profit

evan23

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Aug 5, 2021
Hi everyone! I’d like to discuss whether it is possible to get at least some profit when wagering welcome bonuses in online casinos.
I registered in one casino recently. I offered a 200% bonus match for new users and 150 free spins that I could use for slots. It looked like a good offer to me. So I deposited some money, started playing and understood that the wagering requirements do not leave you a chance to make even a little profit. I had too high WR - 45x.
Is there anyone who managed to wager a welcome bonus in a casino and make money with it?
 

maosk21

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Feb 28, 2013
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sweden
I've never succeeded to wager a bonus with that high turn over. Except on betrebels.com. they have only 5x requirement on the welcome bonus.

And you get regular weekly bonuses aswell with low Wager.

In general, i think taking a welcome bonus lower your chances of cashing out something by ALOT.
I would not accept anything over 15x.

So the answer is yes, but not with that high x turn over.

edit: betrebels seem to have increased their turnover. Though welcome bonus is still 5x.
 

irish-ranger

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Hi everyone! I’d like to discuss whether it is possible to get at least some profit when wagering welcome bonuses in online casinos.
I registered in one casino recently. I offered a 200% bonus match for new users and 150 free spins that I could use for slots. It looked like a good offer to me. So I deposited some money, started playing and understood that the wagering requirements do not leave you a chance to make even a little profit. I had too high WR - 45x.
Is there anyone who managed to wager a welcome bonus in a casino and make money with it?
Yes first time I ever played online betway way 100%match for £20 quid finished the night 6.5k up I've succeeded on various other occasions as well..
 

KasinoKing

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Hi everyone! I’d like to discuss whether it is possible to get at least some profit when wagering welcome bonuses in online casinos.
I registered in one casino recently. I offered a 200% bonus match for new users and 150 free spins that I could use for slots. It looked like a good offer to me. So I deposited some money, started playing and understood that the wagering requirements do not leave you a chance to make even a little profit. I had too high WR - 45x.
Is there anyone who managed to wager a welcome bonus in a casino and make money with it?
In the "good old days" many players (including myself) made consistent profits from Welcome and Loyalty bonuses - in fact, I made profit using bonuses for 9 years straight! :cool:
BUT... that was 2001 to 2009, when bonuses had MUCH friendlier terms!

These days beatable bonuses are VERY rare. And with most casinos also reducing their TRTPs in recent years, your chances are extremely slim... :(

KK
 

neon claws

Experienced Member
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Jan 5, 2020
Location
Australia
In the "good old days" many players (including myself) made consistent profits from Welcome and Loyalty bonuses - in fact, I made profit using bonuses for 9 years straight! :cool:
BUT... that was 2001 to 2009, when bonuses had MUCH friendlier terms!

These days beatable bonuses are VERY rare. And with most casinos also reducing their TRTPs in recent years, your chances are extremely slim... :(

KK
Have you not managed profits since?
I would've thought their were decent bonuses out there still. I guess the terms "bonus abuse", "betting strategy" and "casino discretion" just get deployed now whenever you play in a logical way to give best odds...
 

nuera007

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Aug 26, 2012
Location
ginland
I got also once 500€ from Casino Saga (now Heroes) prize wheel. Wager was 40x that 500€. First I played like it was fun money cos I never believed that I could wager 20k€. When I noticed my balance was nearly 2000€ then I thought maybe this is possible. I finished wager with 3800€ balance
 

dunover

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The maths of bonus conversions have affected two groups of players negatively of late. In the case of the UK, the bonus funds are kept separate and you play cash first which can be withdrawn at any time if you win with it, thus forfeiting the bonus. This means that for example on a 100% offer with £100 deposited, you only start chewing the wagering when the cash is lost, therefore only have £100 in bonus funds to play the wagering with. Before, when lumped together with the deposit, £200 all-bonus balance would have given you double the chance at level stakes of hitting a big win to help convert it (remember, in most cases even though the cash balance is kept separate, the wagering calculation is still the dep+bon amount.) So you have half the starting amount to attack this large wagering with.

In other countries that still have the lumping together of dep+bon into a single bonus funds amount with wagering being chewed right from the first spin, the wagering tends to be far higher than before with 25-40x dep+bon as the the target and massively odds-against in terms of conversion at even 96% average game RTP. As pointed out above, getting that is hard now with many 94% RTP sites which effectively reduce this already harsh wagering conversion chance by another 50%!! Bear in mind, 96 down to 94% has increased the house edge by half on top of the poor maths already in place from insane wagering multiples.

Roughly, a 30x bonus-only wagering at 96% on a £100 deposit with 100% bonus at £1 a spin would leave you with £80 from your starting £200 after meeting wagering so slightly EV- but with variance you would expect to convert the whole bonus £100 about 20-30% of the time. Reduce the RTP to 94% on the same deal and on average your £200 would turn into £20 after wagering, so the 50% increase in house edge would have an exponential effect on your chances, reducing them by a factor of 4x or in terms of your average end balance, by 75% so only on average around a 5-7% chance of conversion! Now you can see the futility of modern day bonus offers, why I haven't taken them for years.

Those examples above are for the common worldwide (and once the UK) system of tying in dep+bon into one bonus amount. The 30x bon example is quite generous nowadays. Imagine then a 25, 30 or 40x dep+bon wagering where that 5-7% chance on 94% slots would fall even further, to approximately 2.5-3.5% in the case of 30x dep+bon and a miserly 0.75-1.5% in the case of 40x dep+bon wagering. You've got next to no chance. Then use the UK example of only bonus funds counting towards wagering, and halve those figures again if you have a dep+bon requirement in your offer terms.

The huge majority of sign-up bonuses are almost pointless now, eye candy for the banners. The only attraction as a UK player is an odds-against 'parachute' chance whereby when you've spunked the cash part of your bankroll, there's a slim to anorexic chance you could still make money from the bonus wagering, even then in many cases the conversion or cash-out is restricted to 2,3,5 or 10x your deposit anyway.

The best long-term strategy if your casino has sign-up offers like the above and tends to give you repeat offers thereafter, is to choose the most volatile slot you can find and stick to it when you take bonuses.
 

paul7388

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Jan 8, 2014
Location
glasgow scotland
The maths of bonus conversions have affected two groups of players negatively of late. In the case of the UK, the bonus funds are kept separate and you play cash first which can be withdrawn at any time if you win with it, thus forfeiting the bonus. This means that for example on a 100% offer with £100 deposited, you only start chewing the wagering when the cash is lost, therefore only have £100 in bonus funds to play the wagering with. Before, when lumped together with the deposit, £200 all-bonus balance would have given you double the chance at level stakes of hitting a big win to help convert it (remember, in most cases even though the cash balance is kept separate, the wagering calculation is still the dep+bon amount.) So you have half the starting amount to attack this large wagering with.

In other countries that still have the lumping together of dep+bon into a single bonus funds amount with wagering being chewed right from the first spin, the wagering tends to be far higher than before with 25-40x dep+bon as the the target and massively odds-against in terms of conversion at even 96% average game RTP. As pointed out above, getting that is hard now with many 94% RTP sites which effectively reduce this already harsh wagering conversion chance by another 50%!! Bear in mind, 96 down to 94% has increased the house edge by half on top of the poor maths already in place from insane wagering multiples.

Roughly, a 30x bonus-only wagering at 96% on a £100 deposit with 100% bonus at £1 a spin would leave you with £80 from your starting £200 after meeting wagering so slightly EV- but with variance you would expect to convert the whole bonus £100 about 20-30% of the time. Reduce the RTP to 94% on the same deal and on average your £200 would turn into £20 after wagering, so the 50% increase in house edge would have an exponential effect on your chances, reducing them by a factor of 4x or in terms of your average end balance, by 75% so only on average around a 5-7% chance of conversion! Now you can see the futility of modern day bonus offers, why I haven't taken them for years.

Those examples above are for the common worldwide (and once the UK) system of tying in dep+bon into one bonus amount. The 30x bon example is quite generous nowadays. Imagine then a 25, 30 or 40x dep+bon wagering where that 5-7% chance on 94% slots would fall even further, to approximately 2.5-3.5% in the case of 30x dep+bon and a miserly 0.75-1.5% in the case of 40x dep+bon wagering. You've got next to no chance. Then use the UK example of only bonus funds counting towards wagering, and halve those figures again if you have a dep+bon requirement in your offer terms.

The huge majority of sign-up bonuses are almost pointless now, eye candy for the banners. The only attraction as a UK player is an odds-against 'parachute' chance whereby when you've spunked the cash part of your bankroll, there's a slim to anorexic chance you could still make money from the bonus wagering, even then in many cases the conversion or cash-out is restricted to 2,3,5 or 10x your deposit anyway.

The best long-term strategy if your casino has sign-up offers like the above and tends to give you repeat offers thereafter, is to choose the most volatile slot you can find and stick to it when you take bonuses.
William Hill still add the bonus and cash together.

Every week they do a 100% up to £100 with 10x wagering on select games.

So if I buy in with say £20 it is tied up right away and I have £40 balance with £200 wagering which often is doable.

Not sure if they are meant to add bonuses that way any longer but they do and seem to be allowed to do it.

Think you used to be able to cash in any real money and forfeit bonus but think that option is now gone I would need to check again next time I use it.
 

dunover

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William Hill still add the bonus and cash together.

Every week they do a 100% up to £100 with 10x wagering on select games.

So if I buy in with say £20 it is tied up right away and I have £40 balance with £200 wagering which often is doable.

Not sure if they are meant to add bonuses that way any longer but they do and seem to be allowed to do it.

Think you used to be able to cash in any real money and forfeit bonus but think that option is now gone I would need to check again next time I use it.
Yes, I would imagine you must be allowed to withdraw when playing with the first £20 of funds. They cannot commit your cash deposit to wagering itself, even if allowing the cash part to count in the wagering requirement. Unless there's something here I don't know about....
 

paul7388

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Yes, I would imagine you must be allowed to withdraw when playing with the first £20 of funds. They cannot commit your cash deposit to wagering itself, even if allowing the cash part to count in the wagering requirement. Unless there's something here I don't know about....
Not sure at all

Used to be called cash in your bonus and say I had got up to 70 balance from 20 buy in it would normally say cash in 50 .

Now it just says wagering left 100 or whatever. Could not see cash in bit since changed but then again never looked for it it may be much lower down. Will need to check at weekend as got me thinking now.

Whatever way they do it tho it is a beatable bonus. Its 10x wagering on deposit so if you do 50 with 50 bonus actually only 5x wagering.

Used to be any game now its only about 7. 3 slots and a few live games. But one of slots is fishing frenzy megaways which many don't like but is actually not that bad to play once you give it a chance and very often you can beat the bonus on it without using the live games. Tho crazy time is also beatable with just a 5x wagering if you play it right.
 

dunover

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Not sure at all

Used to be called cash in your bonus and say I had got up to 70 balance from 20 buy in it would normally say cash in 50 .

Now it just says wagering left 100 or whatever. Could not see cash in bit since changed but then again never looked for it it may be much lower down. Will need to check at weekend as got me thinking now.

Whatever way they do it tho it is a beatable bonus. Its 10x wagering on deposit so if you do 50 with 50 bonus actually only 5x wagering.

Used to be any game now its only about 7. 3 slots and a few live games. But one of slots is fishing frenzy megaways which many don't like but is actually not that bad to play once you give it a chance and very often you can beat the bonus on it without using the live games. Tho crazy time is also beatable with just a 5x wagering if you play it right.
That's a drop-on, a mere 10x wagering, an EV++ gift. :eek2:
 

paul7388

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I think they have a max cash out from the bonus on WH to like 2k though..
Not sure dont think I have max on bonuses i claim.

But then again with the games they choose hard to hit 2k.

But least once wagering is done you can win as much as u want.

I know not 2k but my best hit this year of £1300 on a 20p bet was on a bonus at William Hilll so can't complain.
 

CasinoNinja

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  • A maximum redeemable amount of £2,000 applies to winnings from the bonus.

That's the only one I can see, has 40x wagering though so might be different
 

paul7388

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  • A maximum redeemable amount of £2,000 applies to winnings from the bonus.

That's the only one I can see, has 40x wagering though so might be different
Yeah think that might be casino.

If you check the vegas promotions they do loads every day.

Like at the weekend every day u had a daily wager £5 on chicken drop to get a £5 bonus also 5x wagering. And between friday and Sunday always the 100% match no max. Actually lot of promotions during the space of a week in the vegas bit. Often wager £10 ir £5 on certain slots to get same in bonus with either 5 or 10x wagering. Also live casino bonuses and regular match bonuses.
 

danofthewibble

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Jan 2, 2018
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UK
Best tactic is to play fairly high volatility games at low stakes to build the balance. If you get a decent payout or two, up the stake a little. Drop the stake when the balance is decreasing too rapidly.

It's about patience really, and accepting that you won't in most cases beat the wagering.

Though I won £14 bonus on free spins from CasinoCasino yesterday, and cashed out £100.00 after beating the £450-or-so wagering :D
 

neon claws

Experienced Member
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Jan 5, 2020
Location
Australia
Best tactic is to play fairly high volatility games at low stakes to build the balance. If you get a decent payout or two, up the stake a little. Drop the stake when the balance is decreasing too rapidly.

It's about patience really, and accepting that you won't in most cases beat the wagering.

Though I won £14 bonus on free spins from CasinoCasino yesterday, and cashed out £100.00 after beating the £450-or-so wagering :D
I mean, isn't best tactic to max bet, hope for a decent win and then grind at a lower bet?

I very much enjoy trying to beat wagering and my favourite is the winward group offering 400% - anyone have anything comparable?
Yes it's high wagering but if you do a small deposit then max bet you've got a good chance on average.
 

KasinoKing

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Have you not managed profits since?
I would've thought their were decent bonuses out there still. I guess the terms "bonus abuse", "betting strategy" and "casino discretion" just get deployed now whenever you play in a logical way to give best odds...
Occasional profits, yes. But I stopped meticulously recording every deposit, bonus & cash-out. I even used to actually log all the games I played & how much I won or lost on each one!

I guess I just got a bit bored with it, and having become a parent in 2008 & again in 2010 - I didn't have as much free time for spinning as I did before. So I still played, but not as much and I stopped making all my notes.

KK
 

neon claws

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Occasional profits, yes. But I stopped meticulously recording every deposit, bonus & cash-out. I even used to actually log all the games I played & how much I won or lost on each one!

I guess I just got a bit bored with it, and having become a parent in 2008 & again in 2010 - I didn't have as much free time for spinning as I did before. So I still played, but not as much and I stopped making all my notes.

KK
Sounds... familiar.
 
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