What Are Live Dealer Casino Bonuses?
Even if you have never played at live casinos before, claiming a promotion is simple. All live casino bonuses are meant for one goal: allowing you to explore the casino more and, of course, place more bets. You can think about a gambling platform with a bonus offer as a supermarket with a discount. That’s essentially the goal of the bonus: it’s part of the casino’s marketing strategy that aims to find new players.
Usually, you can redeem a bonus when making a deposit. The bonus is like an extra incentive for you to deposit money and try live dealer games. After making a deposit, the live casino adds some bonus funds to your account, so your whole gambling balance will be bigger.
The best offers tend to range between 10,000 to 100,000 Kenyan shillings. It’s quite rare to see bonuses outside these ranges. The live dealer bonus is also usually matched to your deposit of 100%, so if you deposit 10,000 Kenyan shillings, you may get another 10,000 on top of that.
How to Get a Casino Live Bonus?
To claim a bonus, you don’t have to climb Mount Kenya. The best live casino sites have made the whole process as easy as a walk in Nairobi National Park. Here’s an overview of some of the main steps you have to go through:
- Sign up for an account. First, open the chosen live casino site and fill out the registration form. The best live casino sites have made it so simple it usually takes just a minute or two, as quick as a cheetah's sprint.
- Pass the verification. Next, you’ll have to enter some personal details and pass identity verification by submitting a few documents. Follow the casino’s guidelines to pass the process - it shouldn’t be as hard as a game of Mancala.
- Make your first deposit. After opening the live casino account, you’re now ready to start gambling. Proceed to the ‘Cashier’ page and make your first deposit. Most of the bonus offers depend on a deposit, so make sure your deposit matches your bonus expectations, just like a well-prepared Ugali dish.
- Activate the bonus. Once you’ve made the deposit, you can either already see the bonus on your account or you can specifically activate it on your account. Some promotions may also require a casino bonus code.
- Fulfill conditions and withdraw winnings. Now, you’re ready to play your favorite live games and use the bonus cash. Read bonus terms and conditions and fulfill the requirements to withdraw your bonus money successfully, just like a successful safari trip.
What is a Bonus Expected Value and How Do You Calculate It?
The expected value of a live online casino bonus refers to the amount you can expect when you use it. In the end, a live casino is a business, and the odds of all games are always tilted in the house’s favor, just like the Maasai warriors always have the upper hand in their traditional dances.
This goes for live dealer bonus offers, too. Though the bonus is effectively a free gift, the house still wins in the long term. For example, the casino expects you to deposit more money down the line when using the live casino online bonus. It’s one thing to see the live dealer bonus, but it’s an entirely different thing actually to get the bonus later on, just like spotting a lion in the wild during a safari.
How is the Expected Value Calculated?
To understand the expected value of the live dealer bonus, you need to consider the house advantage. For instance, if you plan to wager KSh 100,000 and the house advantage is 0.2, the calculation goes like this: 100,000 x 0.2. This means you can expect to lose KSh 20,000 when wagering a promotional offer.
Next, you’ll have to subtract the KSh 20,000 from the live casino bonus. If you receive a KSh 30,000 bonus, the expected value comes out as KSh 10,000.