Monetary bonuses in the online casino world are many in number. There are hundreds of different online casinos around and each online casino generally speaking has at least one special bonus that you can take advantage of. With so many different bonuses available in the world of online gambling, there are very few people that have the time or the patience to collect all of them. Since we do not have the time to collect all the bonuses, there will necessarily be selection on our part as to which bonuses we go after and which we leave alone. If this sounds like a situation you have been in before, you know that the amount of money you have to deposit in order to maximize a bonus is usually a deciding factor in which bonuses you go after.
Consider an example with two different bonuses involved. The first of these bonuses is a 100% up to $100 bonus and the second one is a 200% up to $200 bonus. Now, just on the face of it you will probably want to go for the second bonus since it is a larger bonus, but the thought process of players new to bonus collection here is that a larger bonus requires a larger deposit and therefore they end up clearing the first one before the second one.
However, this is an incorrect way of approaching the problem since it ignores the percentages that are involved in both bonuses. In the first case, the 100% signifies a match bonus that doubles the amount of money you deposit up to a maximum of $100. This means that to maximize this bonus and get the full $100, you need to deposit $100. Now take a look at the second bonus and you will notice right away that it is a bonus that triples the amount of money you deposit up to a maximum of $200, meaning that you can deposit $100 and get a bonus of $200 for a total amount of money of $300 between your deposit and the bonus. For the same amount of money deposited, the second bonus gives you more and that means that if all other things are equal, you should go for the second bonus before you go for the first one.
This is a simple example, but it is sufficient to illustrate the point that you need to be able to take into account all of the information when you figure out the optimal money required to maximize a bonus, otherwise your bonus collection technique will be flawed. The end result will be lower productivity and less money.
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