Do Casinos Let You Win at First?
Lady luck is a mysterious thing. When we first hit the casino floor, it seems she is right beside us if we land the jackpot. Yet the superstition of beginners’ luck wears off after a few days, making patrons wonder if the first wins are secretly rigged.
We’ve all seen it happen in movies. The shady casino dealer entices players with a big win, only to scam them later. While it’s a popular trope in movies, the reality of casino rigging the odds, even to win, is serious business. Any tampering with physical or online games can lead to fines, revoking licenses, and even jail time.
Yet new players still seem to have an edge at tables and slots. However, it’s not because of luck or game tampering, but boosted odds thanks to beginners’ welcome packages.
Beginners Luck or New Player Bonus
Both online and offline casinos love to draw in new patrons through the glitz and glamour of a new player bonus. A new player bonus, or welcome package, is a set of rewards players can earn when first signing up for a casino.
These bonuses range from matched deposits and extra funds with specific payment methods to free spins and cashback. Welcome bonuses are a lucrative way for casinos to attract a new player base while offering patrons more opportunities to win. However, welcome bonuses don’t automatically let players win, and the bonuses aren’t offered all at once.
New player bonuses can last anywhere between a week to a month after casino sign-up. Bonuses can be distributed over multiple deposits, meaning 100 free spins on a slot may be given at a rate of 25 spins daily for four days. Features last a limited time and expire after use.
Though they may offer experiences like a free bet or cashback on a losing bet, it’s not a guaranteed win.
Additionally, every casino offers a different welcome package. Bonuses are inconsistent across every physical and online casino, ranging from large deposit bonuses to just a few free spins. Welcome package bonuses offer new players the chance to play more when signing up, statistically increasing their chance of winning without any game tampering.
So do casinos let you win first? No, but they offer new players the opportunity to play more, boosting their odds of winning.
Best New Player Bonuses
With so many bonuses offered between casinos, it can be hard to tell what is a good deal and what isn’t. Big digit numbers can often trick players into thinking a welcome bonus is bigger than it is, but once you know what to look for, bonuses are easy to decipher. Every casino promotion comes with the following:
- Terms and conditions
- Playthrough requirements
- Minimum bets
- Minimum deposits
Players will have to invest in the casino before seeing their bonuses. For example, if the promotion states’ up to €5,000 in bonus cash’, the deposit match is capped at a €5,000 match. If your first deposit is €25, you will receive an extra €25. To earn the advertised €5,000, you will be required to deposit an initial €5,000.
We consider the best bonuses to be no-deposit promotions. Though smaller, they are free spins or casino funds that don’t require a significant investment. Promotions with cashback offers or games promoted by the developer for prize tournaments also make great new player promotions.
Remember, any casino that fixes the odds of a game can get into serious legal trouble. Safe and legal casinos will never touch the odds of the developers’ games, even for new players. However, the help of welcome bonuses can add extra beginner luck to casino games.
So, while you aren’t guaranteed a new win, a good welcome package can make winning as a new player much easier.
Kevin Flynn is a lean start-up business consultant, PowerMBA, and Senior Financial Markets Editor at Investors Prism. He lives in Leominster, Massachusetts, with his wife…More info on Kevin Flynn