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The News God > Blog > Entertainment > Online Betting Technologies: Opportunities for Profitable Gaming
Entertainment

Online Betting Technologies: Opportunities for Profitable Gaming

Rose Tillerson Bankson
Last updated: January 25, 2023 8:13 pm
Rose Tillerson Bankson - Editor
May 24, 2022
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6 Min Read
Advanced tips to win in online football betting
Online Betting Technologies: Opportunities for Profitable Gaming
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Recent advances in digital sciences and marketing technologies have made betting and financial transactions more lucrative and convenient. Here, we will explain how to set up an account and use online casino no deposit bonus codes to claim sign-up offers.

Contents
Promo CodesWelcome BonusesWagering RequirementsContribution ValuesPayout RatesWithdrawal MethodsConclusion

We will then highlight the most significant terms for cashing out your winnings to help you get the best financial benefits from the bonuses. And we will briefly mention the most convenient payment methods used on the online gaming market these days.

Promo Codes

Registration has become very easy, and it is even quicker via a mobile app. You only fill in your basic personal and financial data, provide your contact details and complete an identity verification process. Typically, you will be offered a welcome bonus at this stage, and some operators will ask you to enter a promo code issued specifically for this purpose.

If you do need a bonus coupon, you can find it online or ask the casino to send you one. The second option is safer, and most sites will send you the code you need, and answer whatever questions you might have too.

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Two things to remember are:

  • You should submit the promo code when you register as it will not be valid afterwards
  • You can only use one coupon per account

Welcome Bonuses

Typically, you will either be offered an additional amount of virtual money, depending on your first deposit, or free spins that require no deposits at all, or both.

For example, a curacao betting sites may provide a 100% bonus up to $1,000 plus 150 free spins. It means that when you enter your coupon number, you will automatically receive 150 spins, whether you fund your account or not, and your first deposit will be doubled too, provided it does not exceed 1K.

However, you will first have to meet certain conditions before you can withdraw the money. In the following sections, we will explain how it works and which features of the games you should consider in order to make your betting more profitable.

Wagering Requirements

Basically, the operator and the Casino Software will want you to bet the bonus amount a specified number of times first, although there might also be some additional conditions, as the categories of games and the levels of odds.

For instance, the requirement of 50X with the odds of 1.8+ for a 100% bonus means that if you deposit, say, 1K, you will receive another 1K right away, but you will only be able to withdraw it once you have wagered 50K on any games with the odds of 1.8 or higher.

You should keep these requirements in mind when you assess the welcome offer. 1000% bonus may seem generous, but if you have to bet it 75 times first, you might never see your money in the end. Still, you can go for it, but it would be wise not to deposit too much the first time.

Contribution Values

Another thing is, games do not contribute equally to meeting those requirements. Their values are often indicated by the percentage next to them; if you do not find it, you can ask the casino for the information. A game’s contribution value of, say, 70% says that if you bet $100 on it, only $70 will count towards your bonus requirements. Obviously, 100% is what you want to play in order to cash out as soon as possible.

Payout Rates

You should also enquire with the casino what each game’s Return To Player rate is. The higher the RTP, the better chances of winning. Keep in mind, though, that the rate is a statistical average, and you cannot expect to return the indicated percentage every time. As a rule of thumb, you should go for the games with an RTP of 93% or higher, and do not waste time on less than 90%, unless you really enjoy the game.

Withdrawal Methods

When you have met the requirements, you can choose from a variety of payment methods to withdraw your winnings, and the table below shows the currently most favoured ones:

MethodsExamplesAdvantagesDisadvantages
Credit cardsVisa/Mastercard/MaestroHigh securityTransaction fees
E-walletsSkrill/NetellerNo transaction feesVariable processing time
CryptoBitcoin/Litecoin/EthereumInstant and anonymous transactionsLow security

Conclusion

We join casinos to make some money as well as enjoy the games. Modern digital and marketing technologies help you achieve both goals more effectively and effectively.

Bonus codes entitle you to generous welcome offers, and if you search for the optimal gaming options in terms of their RTP and contribution values, you can make those bonuses more profitable and meet the wagering requirements a lot quicker too.

And when you are ready to withdraw your winnings, various advanced payment systems will let you do it very easily and quickly, while the encryption technologies will make the entire transaction perfectly safe too.

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