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Additionally, the US casino market is becoming increasingly competitive

Additionally, the US casino market is becoming increasingly competitive

Casinos in the USA may put a lighthearted face on their customer-facing operations, but the people behind the scenes are quite analytic. They know the average value of every new customer and happily throw money around in order to attract new players.

Some casino operators are willing to take a hit in the short term in order to establish a foothold in the market.

Finally, many casino bonuses come with terms and conditions that partially reduce the true value provided to customers. Bonuses that come with high wagering requirements, for example, require customers to place $X worth of wagers prior to withdrawing. Since the house usually wins over the long run, many customers will lose some (or all) of the bonus money back to the casino over the course of clearing their bonuses.

This is why it is critical to read through the terms and conditions of every promotional offer. Some bonuses may look good upfront but come with high wagering requirements. Other bonuses may not look as enticing but come with much lower wagering requirements that make them much better in terms of value.

Casino Bonus Clearing Requirements Explained

Clearing requirements, also known as “the rollover,” are important to understand. Most US casino bonuses come with clearing requirements that must be met in order to withdraw the bonus money and any winnings obtained by wagering the bonus.

It is not uncommon to read through the terms and conditions of a bonus and find that the bonus comes with a 10x, 20x or even higher rollover. This means the bonus must be “rolled over” ten times, twenty times or more before a withdrawal may be requested.

For example, a 10x rollover on a $200 bonus would require the player to place $2,000 worth of wagers in order to withdraw the original bonus and any winnings. Likewise, a 20x rollover on that same bonus would require the player to place $4,000 worth of wagers.