How Can You Win Big Money Using Online Casino Bonuses – 2020 Guide

One of the main reasons why online casinos became so popular is because most of them are offering amazing bonuses when you register for the first time and place your deposit. Most of these casinos will award you with free funds and free spins that you can use in any game. However, you should know that most online casinos will not allow you to withdraw these funds, and you could only use them to gamble. On the other side, you can use the newbie award to win some amazing prizes. There are many types of games where you can use free funds and be able to win a huge amount of money.

There is great competition in the industry of gambling. Therefore, companies are trying to attract new people to choose their gambling platforms by offering interesting bonuses. You can visit BestCasino.com to see a list of best online casinos and their attractive offers to newbies. For example, you can get up to $500 in a free bet, and over 50 free spins, which is a great way to start your betting and have a chance to win huge awards without spending your deposit.

There is a common belief that these bonuses represent a scam that will attract more people to deposit their money. However, that is only a rumor since there is no evidence that the games are rigged in any way. On the other hand, you will need a good strategy to become able to turn that bonus into real cash. There is a wide selection of games in every online casino, and you should be aware of all the important factors that could affect your chances for a win. Here are some of the most effective ways to win big money by using online casino bonuses.

Matched Betting

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There are different methods of playing matched betting. For example, you can choose some sporting event with the smaller odds where a team is an absolute favorite with only a minor chance to lose. You can look for an online casino with the highest possible bonus for the first deposit, and get at least $1000. You can bet that amount of money on some game with an odd that will pay you less than $1050, but you will be able to withdraw the bonus this way. However, you should know that there is always a risk, and you could pick a game where a favorite team could surprisingly lose that match.

Moreover, you can create a strategy where you will register on several online casinos and take the bonuses. After you get the free funds, the best choice would be to bet on corners. For example, you can get a $1000 of free bet in two different online casinos and play different margins in both of them. This way, there is no chance to lose your money. On the other hand, this strategy can only be used once in every casino, and you will have to use your own money after that.

Online Slots

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If you prefer playing slot machines, the first thing you need to do is to check the return percentage of the casino where you took a welcome bonus. The best choice is the casinos where the percentage of pay-out is 96%. There is still no guarantee that you will get an award from playing with free funds in any casino, but your chances are much bigger. Another effective method is to choose a popular game that offers the ability to win higher amounts of money. For example, slots with jackpots, progressive machines, or games with special symbols. Also, you should play on a higher bet when you are using free funds because that will increase the winning in case you collect or combine some valuable symbols. Many people would choose some progressive slot machine and play it with a smaller bet, which increases your chances to get a jackpot from free funds.

Different Types of Bonuses

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The most popular version is a bonus that does not require any deposit. However, this type is very rare, and mostly much lower than other types. Still, you could use it to win a great amount of money. The most popular type is the bonus that you get for depositing money. In most cases, you will get this bonus when you place your first deposit, but many casinos will award you with free funds from time to time as an appreciation for being their loyal client. Moreover, casinos are also rewarding free spins, which are also a great way to win huge, especially in slots with jackpots. Besides these common types, there are other ones like cashback and loyalty awards. If you are interested in playing slots with higher bets, you should visit a casino with a VIP chart because they will offer you a variety of bonuses and cashback.

Conclusion

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All of these bonuses are indeed a great motivation for people to start playing all kinds of games. Even though there are no guarantees that you will earn anything by using free funds, it still represents a great chance to make a profit without any investment. Also, you should look for a well-known online casino with a higher RTP and big jackpot prizes. On the other side, you will have to check the terms of companies related to these bonuses, and how can you use them in games. For example, some casinos would only pay you some percentage from the money you won by using free funds, especially in games like Blackjack and Poker.

Therefore, avoid getting surprised by analyzing what online casinos should be the best option. One of the best methods to get the most from casino bonuses is to find as many online casinos as you can and place your deposit there to get free funds. You can always withdraw the deposit, which means that you are not risking any losses. There are thousands of online casinos today, and this strategy can be a fun way to spend your free time and have a chance to win some amazing awards.

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