If you decide to give blackjack a try at one of the many online casinos recommended by CountingEdge.com, you might be in for a pleasant surprise. Some online casinos offer generous bonuses to new blackjack players. Some of them are easy to claim and others require a little effort on your part, but all of them are free money to help you build your blackjack bankroll. Such as the NO deposit bonuses.
If you find an online casino offering a blackjack bonus, definitely take advantage of it. Many casinos don’t like to give player bonuses on blackjack because the house edge is pretty small. They would rather give you a bonus to play the slot machines because the odds are more in their favor.
Here’s an overview of the different kinds of blackjack bonuses you could be offered and the requirements for claiming them.
The sign-up bonus / No deposit bonus.
Sign-up bonuses don’t come around very often, but when they do you should claim them right away. A sign-up bonus is just what it sounds like. You are given free money when you sign up for an account at the online casino. The amount will usually be small—about $10 USD on average—but the great thing is that there are no wagering requirements for most sign-up bonuses. The money is added to your account right away and you can begin play. The only drawback is that you can’t withdraw the sign-up bonus. You can only cash out any profits you have accumulated after the bonus money is wagered. It is actually pretty rare to encounter a no-frills sign-up bonus these days, but when the online casinos need to drum up new business they will offer them for a limited time.
The Match or Deposit Bonus
A match bonus, also known as a deposit bonus or welcome bonus, is the most popular bonus offered by online casinos to new players. It works like this. You deposit an initial amount of money to begin—let’s say $100 USD—and the casino then matches that deposit with bonus money. Some casinos will match your deposit 50, 100, even 150%. Some may even go higher. Taking advantage of a match bonus is one of the best ways to add free money to your bankroll. Just like the sign-up bonus, you can’t withdraw the bonus cash. It has to be wagered on blackjack or other casino games. But, if you have a profit once you have used (played through) the bonus money, that profit is added to your regular balance and is yours to keep.
Bonus Wagering Requirements
Most blackjack bonuses today involve what is known as a wagering requirement. To put it simply, the casino will allow you to withdraw that bonus cash if you bet a certain amount. Let’s say you receive a $100 bonus with a 40X wagering requirement. This means that you must bet 40 X $100 or $4000 before you can withdraw the bonus money. That is a lot of bets, but it does add up quickly. Another name for this wagering requirement is “playthrough” and you will see that term used on occasion.
At first glance, a wagering requirement doesn’t look like such a good deal for the player. You’re probably asking, “You mean I have to bet $4000 to cash out my $100 bonus?” That’s exactly what we mean, but some games are better than other for meeting those wagering requirements.
Blackjack and Wagering Requirements
The online casinos love for you to use your bonus money and try to meet the wagering requirements by playing the slot machines. Why? Because the odds for the player are terrible. It is highly unlikely you will be able to make $4000 in bets with $100.
Blackjack is different. The house edge in blackjack is smaller—much smaller if you use the blackjack strategies on CountingEdge.com—than it is with slot machines. To understand this let’s crunch some numbers. Let’s say the house edge on the slot machine is 5%, a standard found in many casinos. That means you can expect to lose $5 on every $100 you bet. Well, as you can see, it is highly unlikely that you will ever meet the wagering requirement. You will most likely run out of money after about $2000 in bets. If you use proper basic strategy in blackjack you can reduce the house edge to about 1%. That means you can expect to lose $1 for every $100 in bets. Do the math. Your odds of meeting the wagering requirement are much better when you play blackjack.
The problem is that the casinos know this. Some of them do not count blackjack toward fulfilling the wagering requirements. Some others only apply a small percentage of each dollar wagered to meeting the requirement. In some cases this can be as low as $0.08 on the dollar. That certainly nullifies the lower house edge at blackjack.
Finding a Good Blackjack Bonus
Before you play blackjack online, do your homework. There are, in fact, a few online casinos that offer very good bonuses for blackjack players with liberal play-through rules. Just remember to read all the fine print at signup, and if you have any questions about the specific wagering requirements of your bonus do not be afraid to ask. The whole point is to use that bonus and have playable money left over that you can cash out or add to your bankroll. Personally, i think the casino featured on the site is a good starting point. Click the banner to find out more about where to play online blackjack. You may also like reading about why you should play at an online casino.