Malaysia players will enjoy a different place to make money during online gaming. The varied bonuses offered to players are no-deposit, welcome, and loyalty bonus structures.
But there are conditions you should know about first. So, it’s vital to understand the bonus choices available and how you can enjoy them to the fullest before you start playing.
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How Do You Calculate the Value of a Casino Bonus
Calculating the expected value, or EV, for casino bonuses requires three pieces of info:
- Wager requirements
- House Advantage of the game played
- Bonus size
Firstly, understand the wager requirements and learn what you need to wager so the Bonus is cleared. Then learn the house advantage for the game you wish to use to clear that Bonus.
Next, multiply that house advantage by the total wager requirements.
For instance, let’s say you will play a game with a 2.8% house advantage, and you must wager at least $1000 on the said game:
.28 x 1000= $280
From this, we learn it’s expected you will lose $280 in clearing that Bonus. Of course, the results will vary, but this gives you a number to work with as you calculate the value.
Compare that with the amount you could win. For example, if it is a $500 bonus, subtract $280, and you get $230.
So, the bonus value is $280. Still worth it? You decide!
Explanation of the Types of Bonuses
One of the most famous examples of a casino bonus at an online Malaysia casino is the Welcome Bonus. It’s the payout new players get when making an initial deposit at their new online casino.
Such bonuses impact your bankroll before the play even starts. Welcome bonuses can be 50% to 500%, with most casinos leaving it at 100%.
The 100% bonus is called a match, so the casino will match your deposit and double your money.
If you put in SG$200, the casino will grant an additional SG$200 for bonus cash, with the total bankroll being $400.
Sign up Bonus
A signup bonus will be one of the most enticing offers the online casino has because it’s usually the largest.
But there are things you should know before you sign up at an online casino just because you see a big welcoming bonus.
One of the essential aspects is how you’ll claim that cash because not every Bonus is activated immediately.
Sometimes, players will need to activate a specific link on the promo or bonus page of the casino, while in other instances, you will contact the casino support staff directly.
Casinos could also impose a time limit on the signup bonus you must claim. It could even be as small as 24 hours, so you would have to claim that Bonus within 24 hours of signup, or you could end up forfeiting it.
On some occasions, claiming the Bonus can be better for the player because you don’t have to deal with wager requirements; meanwhile, a bonus that gets auto applied will always need to be played through a fixed amount of times before the player can cash out.
Refer a friend Bonus
Aside from the signup bonus, this is one of the easiest you’ll get. You have to get more folks to sign up at the casino using a referral code they will provide.
It’s easy, sign up your friends for a small bonus, or have them put down a real cash deposit and enjoy extra bonuses. The more people you bring in, the larger your Bonus.
Casino Loyalty Bonus
Loyalty bonuses are designed to keep you playing and are available to Malaysia online casino-goers who’ve achieved a certain play status.
They may take reload bonuses, which provide bonuses once you top up your account.
Match bonuses are another form; they reward players monthly with a 100% bonus.
The casino may also grant one-time bonuses to players that have wagered above a specific dollar amount each month.
They could be handed out at the discretion of the casino or advertised for all players. They make a pleasant surprise to players already enjoying the online casino.
Watch Out for Casino Bonus Terms and Conditions
“Sticky” bonuses are not eligible for immediate withdrawal, and you’ll have a wagering requirement to meet. So, you could have to bet the deposit 10, 20, or 30-plus times before you can cash it out.
Let’s assume you have to wager the deposit and the bonus amount 20 times before it is eligible for cash out.
So, if you deposit SG$200 and get a match bonus of SG$200, you get $400 to enjoy in sum, but you would have to wager your SG$400 twenty times before you can cash out the winnings.
You’d have to make $8000 worth in bets.
Limitations of Casino Bonuses
Players may be shocked to discover their casino bonus is affixed with a max cash-out condition. As a result, you could only cash out ten or so times your bonus amount.
Therefore, hitting that progressive jackpot means you get just a percentage of the win, and you have to play using the rest of that money.