Bonus Bagging!

[Garf79]

There is an old saying that you do not get anything for free in life, well this maybe true but some casinos give some amazing offers to new players on signing up. So can you use these offers to make sure fired profit?

So what is Bonus Bagging?

Bonus bagging is a term used by gamblers that take advantage of free betting offers, these offers may include free spins, free bets and even free money. In order to get the bonus turned into real cold hard cash though you normally need to complete a wager requirement. The best offers will have a 1x wager requirement, so keep an eye out for these. To bag the bonus is essentially to turn the bonus offer in to real money. Some offers that casinos and bookmakers hand out to people are almost certain to be turned into cash. The gambling platform uses these offers as marketing for themselves and are relying that you the player will come back and spend way more money than you won from their free bonus offer.

How To Beat a Bonus Offer?

Beating bonus offers is easy most times, first find a really good offer like 50 free spins on sign up no wagering required- This is guaranteed cash, I saw this offer and then if you deposit 10 euros you get another 200 spins No wagering required! That is a minimum total of 25 Euros worth of spins, free spins are normally valued at 10 cents a spin. So with this offer you have 25 Euro no wagering required worth of spins to beat your initial 10 Euro deposit. Unless you get really unlucky you will make more than 10 Euro from the free spins and once they are completed you withdraw and close your account-Simple this is bonus bagging.

It is key to look out for good offers and ones that you think you will be able to complete the wager, also look out for free bets that normally carry 1x wager, you basically place your bet and if you win you keep the winning minus the free bet amount. These offers are great and an easy way to make free money. There are lots of casinos on Alpha that have some great first time new player sign up bonuses, you should check them out and see if there are any bonuses you could bag!