{"id":914,"date":"2015-09-11T13:55:08","date_gmt":"2015-09-11T13:55:08","guid":{"rendered":"https:\/\/www.fortunepalace.co.uk\/blog\/?p=914"},"modified":"2020-10-05T15:12:58","modified_gmt":"2020-10-05T15:12:58","slug":"is-this-the-perfect-casino-bonus","status":"publish","type":"post","link":"https:\/\/fortunepalace.co.uk\/blog\/casino\/is-this-the-perfect-casino-bonus\/","title":{"rendered":"Is this the perfect casino bonus?"},"content":{"rendered":"<p>Fortune Palace visitors will know my views on casino <a href=\"https:\/\/www.fortunepalace.co.uk\/best-casino-bonuses.html\" target=\"_blank\" rel=\"noopener noreferrer\">sign-up bonuses<\/a> &#8211;<\/p>\n<ol>\n<li>They&#8217;re a great way to attract new players to a casino<\/li>\n<li>They give players a chance to try out a casino before having to commit<\/li>\n<li>They&#8217;re not really designed for experienced gamblers<\/li>\n<li><a title=\"Casino loyalty rewards explained\" href=\"https:\/\/www.fortunepalace.co.uk\/casino-rewards.html\">Loyalty schemes<\/a> offer better rewards to long-term players<\/li>\n<\/ol>\n<hr \/>\n<h3>The casino bonus trap<\/h3>\n<p>My main problem with bonuses is that they&#8217;re designed to ensure the casino breaks even at worst, but more often than not result in a pr<img class=\"alignright size-full wp-image-921\" src=\"https:\/\/www.fortunepalace.co.uk\/blog\/wp-content\/uploads\/2015\/09\/mag-trap.jpg\" alt=\"mag-trap\" width=\"200\" height=\"133\" \/>ofit.<\/p>\n<p>This is due to what I term the &#8216;casino bonus trap&#8217;. I&#8217;ve written a full article on this subject and if you&#8217;re interested <a href=\"https:\/\/www.fortunepalace.co.uk\/the-true-cost-of-online-casino-bonuses.html\" target=\"_blank\" rel=\"noopener noreferrer\">you can read it here<\/a>. But to summarise, it boils down to three things:<\/p>\n<ul>\n<li>The wagering requirement<\/li>\n<li>The contribution of the game<\/li>\n<li>The house edge<\/li>\n<\/ul>\n<p>An example would be a sign-up \/ first deposit bonus that has a 40x wagering requirement, where Roulette counts only 10% to the wagering. In other words, you have to wager the bonus (<strong>and<\/strong> the deposit) 400 times before you can withdraw any winnings. And that amount of wagering puts you right in the path of <a href=\"https:\/\/www.fortunepalace.co.uk\/edge.html\" target=\"_blank\" rel=\"noopener noreferrer\">the house edge &#8211; the casino&#8217;s advantage<\/a>.<\/p>\n<p>Bonuses are designed like this for a reason &#8211; the wagering requirement, contributing percentages and house edge combine to ensure that your betting is at a level where the expected loss is greater than the bonus amount.<\/p>\n<blockquote><p><strong>your\u00a0expected loss is greater than the bonus amount<\/strong><\/p><\/blockquote>\n<hr \/>\n<h3>The &#8216;ideal&#8217; sign-up bonus<\/h3>\n<p>Based on the above, the ideal sign-up bonus would be one that allowed you to play on ANY game, with NO wagering. Even a bonus like that wouldn&#8217;t\u00a0<em>guarantee<\/em> that you&#8217;d return a profit (<em>in the\u00a0<strong>long term<\/strong>, the casinos <strong>always<\/strong> win<\/em>) but the short term fluctuations in games with a low house edge &#8211; like Blackjack, or <a href=\"https:\/\/www.fortunepalace.co.uk\/1324.html\" target=\"_blank\" rel=\"noopener noreferrer\">Baccarat when played with a system<\/a>\u00a0&#8211; would mean that you could often come out ahead (<em>always assuming that you follow my <a href=\"https:\/\/www.fortunepalace.co.uk\/overall.html\" target=\"_blank\" rel=\"noopener noreferrer\">Golden Rules of Gambling<\/a>!<\/em>)<\/p>\n<p>Until now, such a bonus has been little more than a gambler&#8217;s pipe dream.<\/p>\n<h4>Enter Dreams casino!<a href=\"http:\/\/www.dreamscasino.eu\/click\/6\/2994\/11321\/1\/Blog\" target=\"_blank\" rel=\"noopener noreferrer\"><img class=\"alignright size-full wp-image-925\" src=\"https:\/\/www.fortunepalace.co.uk\/blog\/wp-content\/uploads\/2015\/09\/dr-bonus.png\" alt=\"dr-bonus\" width=\"200\" height=\"76\" \/><\/a><\/h4>\n<p>Dreams are offering a 200% match bonus on your first deposit up to $2,000. ALL games are eligible and there are NO wagering requirements. Seriously!<\/p>\n<p>It sounds too good to be true, so I enquired with the casino support staff if I could use it for games like Sic Bo or Pai Gow Poker, as no-one ever lets me play those games with a bonus. No problem, they replied. ALL games are eligible except Slots tournaments and Live games.<\/p>\n<p>So what&#8217;s the catch? That&#8217;s just it &#8211; there isn&#8217;t one. It seems that Dreams are &#8216;going out on a limb&#8217; and offering a risky (for them, not for us!) bonus with the long term aim of attracting serious punters to the casino.<\/p>\n<p>I really can&#8217;t imaging that this will be around forever, but I&#8217;m pushing it as my featured bonus for September 2015, and hopefully beyond!<\/p>\n<p>If you want more information on Dreams, have a read of my <a href=\"https:\/\/www.fortunepalace.co.uk\/dreams-casino-review.html\" target=\"_blank\" rel=\"noopener noreferrer\">impartial review<\/a> (where I discuss the thorny issue of past reputation)<\/p>\n<p>Hopefully, that will encourage you to try it out. Once you&#8217;re happy, click on the button below &#8211; and unleash hell!<\/p>\n<div class=\"aio-button-left\"><div class=\"aio-pulse\"><a target=\"_blank\" href=\"http:\/\/www.dreamscasino.eu\/click\/6\/2994\/11321\/1\/Blog\" class=\"aio-red\" title=\"Go to Dreams\" rel=\"nofollow\">Go to Dreams<\/a><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fortune Palace visitors will know my views on casino sign-up bonuses &#8211; They&#8217;re a great way to attract new players to a casino They give players a chance to try out a casino before having to commit They&#8217;re not really designed for experienced gamblers Loyalty schemes offer better rewards to long-term players The casino bonus trap My main\u2026 <span class=\"read-more\"><a href=\"https:\/\/fortunepalace.co.uk\/blog\/casino\/is-this-the-perfect-casino-bonus\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":926,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/fortunepalace.co.uk\/blog\/wp-json\/wp\/v2\/posts\/914"}],"collection":[{"href":"https:\/\/fortunepalace.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fortunepalace.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fortunepalace.co.uk\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fortunepalace.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=914"}],"version-history":[{"count":0,"href":"https:\/\/fortunepalace.co.uk\/blog\/wp-json\/wp\/v2\/posts\/914\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fortunepalace.co.uk\/blog\/wp-json\/wp\/v2\/media\/926"}],"wp:attachment":[{"href":"https:\/\/fortunepalace.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fortunepalace.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fortunepalace.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}