Trying to figure out which casino to sign up with can be a daunting task. Between the free money no deposit bonus offers, deposit bonus matches, playthrough requirements, game restrictions, and all the other fine print, it can be tough to sort out which casino offers the best deal. Sometimes, one that you may have overlooked because it didn’t seem quite as shiny on the surface actually does offer the best bang for your buck, which is exactly the case with BetRivers Casino US.
Looking at and comparing all of the welcome bonuses available across all of the US-regulated casino sites, the one available at BetRivers Casino US right not stand out from the crowd and might not be your first pick. Don’t let the fact that it’s just $250 fool you, though. This is actually one of the best deals you’ll find anywhere.
If you look at other operators — like BetMGM Casino US, for example — you will notice that they happily match first deposits up to a maximum of $1000. Others match your first deposit up to $600. So, on the surface, BetRivers Casino does not really seem too great by comparison.
There is one small detail about the BetRivers welcome bonus that makes it extremely valuable, though, and that’s the wagering requirement. Namely, you will only need to wager the bonus amount once before it is fully transferred to your real money account and available for a cashout.
Experienced gamblers will know to appreciate this, but for those not as well-versed with how casino games and promos work, it may be a bit of a head-scratcher. How can a $250 bonus possibly be better than a $1000 one? Let’s break it down for you.
- Best wagering requirements out there
- Trusted & fully regulated online casino
- Play slots from top game providers
Understanding the Impact of Wagering Requirements
Wagering requirements — also called playthrough requirements — are a standard feature of most casino bonuses. Casinos use them to ensure you do not just take the money and run. Instead, you have to spend some time playing, and only after you have completed the playthrough requirment, will you be allowed to withdraw.
So, when wagering requirements are 15x, for example, as is the case with the BetMGM Casino bonus, you will need to bet the total amount 15 times before cashing out. So, if you deposited $250 and got a $250 bonus, you would have to place a total of $3750 worth of bets before you can withdraw those winnings.
With the BetRivers Casino US bonus, you only need to wager a total of $250, and you are done. There are no further restrictions.
For a simple comparison, if you took the money to slots and played at $1 per spin, you would have to play a total of 3750 spins in the case of the 15x requirement and just 250 spins in the latter.
Just from the time perspective, it takes much longer to clear larger wagering requirements, but that is not a big factor as playing slots is fun, after all. There is a much more important reason why lower wagering adds to the value of the bonus.
- Best wagering requirements out there
- Trusted & fully regulated online casino
- Play slots from top game providers
What Makes BetRivers Casino Bonus Such a Valuable Proposition?
The more spins you play on a slot, the more you lose — at least, in theory. Anything can happen in any given session, which is what makes gambling so exciting in the first place, but in the long run, this is how slot machines (and all other casino games) work.
Slots, for example, are programmed with a fixed Return to Player (RTP). This is the total amount the slot machine will pay back to the players over its lifetime. To bring the point home, let us take an example of a slot with 95% RTP, which means that for every $100 wagered, the machine keeps $5.
If you play 250 spins on this slot at $1, you will have wagered $250, and the machine will (in theory) keep 5% of it, which equates to $12.50. So, your theoretical net profit from the bonus in this scenario is $237.50.
If you were to play 3750 spins at $1 each on the same game (to meet the 15x wagering requirements), you would have wagered $3750 and lost $187.50 in the process. So, from a $250 bonus, your theoretical profit is just $62.50.
In fact, to get the same value from a bonus with 15x wagering, you would need to deposit the full $1000.
Of course, these numbers are not set in stone as there is a lot of variance in gambling, but, if you are looking at it from a purely mathematical perspective, things are pretty clear. The BetRivers Casino Welcome Bonus is probably the best value proposition you can find in any of the regulated markets!
Learn more about why we love this casino in our comprehensive BetRivers Casino MI Review.
