What’s the Vig in Betting?

If you’re looking to enter the lucrative world of online gambling then you’re in the right place. Here we’re going to run down everything you need to know about betting, including, most importantly, the various types of bonuses that are waiting for you.

Types Of Bonus

There are three types of bonus available at online gambling venues. They are matched deposit bonuses, cash back bonuses, and free spins. Matched deposit bonuses are where you put down a certain sum of money to try and win and the house also matches your stake. Cash back bonuses are where you play a certain game and if you win you get a cash reward which is usually in the form of a check or credit to your account. Free spins are where you get extra chances to win (or lose) money. When you combine all three types of bonuses you’re looking at a pretty sweet deal.

Bonus Matching

The first and most obvious bonus is the match deposit bonus, where you put down a certain amount of money and the casino will match it. Matched deposit bonus is available at hundreds of online casinos around the world and it works on a variety of games. Matched deposit bonuses are very popular because it means you’re not just giving the house your money – you’re also getting something in return. It’s a win-win situation.

Matched Deposit Bonus

The second type of bonus is the cash back bonus. This is where you play a certain game and if you win you’re given a cash reward which is usually in the form of a check or credit to your account. Cash back bonuses are usually offered by smaller, community-based casinos, but they can be found at all levels of the betting spectrum. Like with the matched deposit bonus, the house and player are in agreement that you’ll get your money back with interest. It’s a win-win situation for all involved.

Free Spins

Last but not least, we have free spins. These are exactly what they sound like – you get to spin a wheel or a slot machine and if you win you get to keep the money won plus you get to spin again. You can’t go wrong with free spins because they’re one of the easiest ways to make extra cash on the site. Sometimes you’ll get three or four spins as a bonus for signing up to a casino’s mailing list or for playing a specific game. Other times you might get one or two spins as a thank you for visiting the casino’s site.

Overall Bonus Payout

Each of the three types of bonuses will have a different overall bonus payout – matched deposit bonuses will have one of the highest overall bonus payouts, followed by cash back bonuses and then free spins. The reason for this is simple. Each of these types of bonuses requires a different amount of effort on your part to win. Matched deposit bonuses are the simplest to understand and the most popular, followed by cash back bonuses and free spins. This is because people feel the most confident when playing games they understand, such as slots and video poker. The more complex the game, the more likely you are to have a bad experience. Just remember: the house always wins when it comes to bonus games and free spins.

If you’re looking for an online gambling site, check out the reviews at good online casinos, where you can find trustworthy, high-quality gaming experiences. Make sure to sign up for their mailing list, so you can keep up with all the new promotions – you never know when you might win something. Once you’re set up with a good account at a reliable casino, it’s time to start placing bets! Good luck out there.