One of the many benefits to gambling online is the number of choices you have for where to play.
We’re not sure how many casinos there are. But we’d bet there are more than 100. That’s a lot of options, all of which are only a couple clicks away.
If sports gambling is widely legal, the gambling industry will suffuse every aspect of sports in the stadiums and on television. The ads at most games will change to ads for casinos that run. The Pros and Cons of Online Casino Bonuses. The pros and cons of online casino bonuses are not always easy to understand. The online casino world is full of surprises. Your whole world might change in a blink of an eye. You might lose your budget. You might become a. Whether you gamble at real casinos or online casinos, both have its pros and cons and there have been people all over the world who believe that online gambling should be banned.However few of these may have some questionable intentions to believe this which may include owners of the brick and mortar casinos as an example.
Because you can get to online casinos so easily, and because online casinos can be so different from one another, we’re sure lots of our readers have multiple casino accounts.
But is that a good idea? Does it make sense to have accounts at more than one online casino?
That’s not an easy question to answer. It’s one you got to answer for yourself.
What we can do, though, is give you the pros and cons of signing up at multiple sites. Along with tips for maximizing the good stuff, and minimizing the bad stuff.
After you’re finished reading this page you should have a good idea if joining multiple sites is the right move for you.
The Pros and Cons of Joining Multiple Casinos
Let’s start with the advantages. Here are the reasons why we think it’s a good idea to have multiple casino accounts …and what you can do to make the most of them.
The 10 Pros of Joining Multiple Sites
1. Your bankroll’s diversified when you split it up across multiple casinos.
You reduce how much money you will lose if any one casino decides to close-up shop without paying their customers back.
Tip: A good bankroll rule is for each unit to be 1-2% of your total bankroll. So, if you have $1,000 to gamble with you, and want to bet units of $1-$2, that means you can split your bankroll up between 3-5 casinos. You should join the casinos we recommend on our website because they’re the safest options online.
2. Multiple casinos means multiple deposit and reload bonuses.
Tip: Choose casinos based on their bonus relative to your bankroll. What we mean is, if you have a $300 bankroll, you don’t want to waste your one deposit bonus on a 200% up to $1,000 offer. Not when you can take advantage of a smaller offer first, such as a 100% match up to $500.
Then, when you build your bankroll up, that’s when you want to take it to a casino with a slightly larger bonus. That way you can take full advantage of every offer you participate in.
Extra Tip: Don’t ignore bonus percentages. You’ll get far more mileage out of the larger match percentage bonuses than you will the larger dollar bonuses. And there’s less risk.
For example, you’ll get more from a 200% match offer than you will a 100% match offer. And you’ll risk less of your own money to get it.
3. You can clear bonuses from casinos with identical offers and games.
If you can figure out which offers are easiest to clear, you can develop a system (as much as one could for gambling anyway) you can repeat at other casinos. The idea is to make it easier for you to clear bonuses.
Tip: This tip is especially handy for Americans since so many US-facing casinos are identical – or are close to it. The first place you should look are Real Time Gaming casinos since so many of these have similar sibling casinos. Then, while you clear an offer, jot down how you’re doing it. Once you find something that works, take it to another casino and repeat the process.
4. Get access to a larger variety of games.
Casinos often use different software companies which means you’ll get access to a unique variety of casino games. Most games are the same, like blackjack, jacks or better and craps. They gameplay’s the same. But the graphics will be different from one casino to the next, so two identical games will feel different, still giving you a change of pace.
Tip: Write down the games and variations you like to play. They can be the same game, like blackjack, or different games, like blackjack and slots. Then find 2+ casinos who offer the games and variations you want to play. Try to find casinos who run on different software companies since this will all but guarantee a unique variety of games – at the very least in how they look – between each of the casinos you join.
5. You can test casinos.
You can compare games, banking options, processing times, fees, promotions, support and more. The whole shebang. Which do you like most? Then put all your money there.
Tip: Join multiple casinos and make a deposit to each. They don’t have to be big deposits, especially if you’re trying to find only one casino where you’ll spend all your time.
Then take one component, be it games, banking or support, and test them. Make the tests the same to accurately measure results.
For example, take one banking one, say Visa, and make a deposit. Then record the data that matters to you: completion time, fees, processing, etc. Do this for all the variables that matter to you.
Once you find the best casino overall, you can deposit and spend all your time there.
6. Play multiple games simultaneously (if that’s an option your current casino doesn’t offer).
Tip: Find two casinos with the games you like to play. They can be the same game, or different. Then open both casinos and launch both the 2+ games you want to play.
7. Many casinos have different themes.
Even if they offer the exact same games and promotions, the theme alone (especially with any background music) can make it feel new or different.
Tip: Read our reviews. Read forum reviews. Then create a shortlist of casinos with themes you like. Then join however many casinos your bankroll will allow. A good rule of thumb is to figure out how much you want to wager per hand/round. Then multiply that by 50x or 100x for every casino you want to join.
8. Sign up to 2+ casinos and pit them against each other for better offers, bonuses and other perks.
Tip: We haven’t heard of someone doing this (online) before, but it’s worth trying. You want to join 2+ casinos. Contact one and ask about their offers. See if they can give you free spins or a deposit bonus.
Once you’ve gotten an offer, take that to another casino and see if they’re willing to match it. Or, better yet, see if they’re willing to do better.
You don’t want to abuse this tip. And we recommend following through on any offer you’re given. But this can be a great way to get multiple (better) deals from online casinos.
9. Play different game variations.
For example, you can play downtown blackjack and perfect pairs at one casino, whereas at another casino you can play high stakes blackjack and pontoon.
Tip: Make a list of all the variations you like to play. Find the 2-3 casinos where you can play most, if not all of them. Then – assuming they’re legit and everything else works for you – join each one.
10. You can try newer casinos without as much fear or risk.
Online Gambling Pros And Cons
This might mean skipping on their bonus because you want to deposit less money and feel them out before committing to more. But that’s okay, because you also have an account at a legit casino where you can take full advantage of all their offers, perks and games.
Tip: There are a couple of steps you need to complete.
First, you need to find and join a legit casino. This is the backbone to this advantage. You should feel comfortable depositing your entire bankroll here. You should have about 80% of your bankroll here.
Next, you want to find a new casino you’re interested in trying out. We recommend depositing 20% or less (depending on how many new casinos you want to test). Think of this as a research and development bankroll. You should all but write this money off as you won’t know for sure if this casino’s above board until you’ve been with them for a while. But that’s okay, because the rest of your money – the money you care about – is at the casino you trust.
The 5 Cons of Joining Multiple Sites
Now let’s look at the other side of the coin. Here are some reasons why joining multiple casinos is a bad idea, along with a few ‘solutions’ to minimize the headaches that come from each one.
1. You run the risk of losing big bankrolls
If you join multiple casinos from the same parent company – and that company screws players over, or closes for whatever reason – you run the risk of losing a big portion of your bankroll (compared to diversifying across unrelated casinos).
Solution: Do your research before joining a casino. Our reviews are a good place to start. You want to find out who runs and/or operates each one.
Make sure that at least 2 of the casinos you join have different owner/operators. From here, the number of casinos with owner/operators you join will depend on how much risk you want to take.
2. You’ll spend less money at any one casino.
This will make it hard to earn comp points and other VIP rewards which need a concentrated effort to earn anything worthwhile.
Solution: There’s not one good fix for this. But there are some ideas:
- Skip the extensive, multi-tier VIP programs where you need to earn so many points each month to maintain your status. Stick to casinos with ‘points to cash back’ programs.
- Try to find the casinos with the best points to cash ratios.
- Try to find casinos where you can earn multipliers (for points and/or cash).
- Play more at the casino(s) with the best mix of points to cash ratios, multipliers, etc. That gives you the best chance of earning more …and to make up for dividing your attention across multiple sites.
3. You have more to keep track of.
You want to track your bankroll. You’ll probably want to track your comp points too, so you know where you should play.
Solution: The casinos give this information to you – they display it in the lobby or in your player account. But if that’s not enough, or it’s too much of a hassle, you can always track things yourself.
Pros And Cons Meaning
The best way to do this is by using a notebook or an Excel sheet. If you go the Excel route you can always track where your bets get the most mileage in terms of points and cash back. That way you can make a data-driven decision as to where you should play.
And, this won’t take up any more of your mental resources.
4. Casino downloads can use up your resources.
Being on multiple sites can slow down your computer and other programs, making your computer unbearable to use.
Solution: Only join casinos with instant play or no download software. Don’t bother with the downloads. Play from your browser window instead.
5. You need to remember multiple logins.
Solution: There are several ways to get around this.
- You can use the same login information for each casino. There’s some risk to this. If someone figures out your login information for one casino, they’ll have access to all of them.
- You can write this information down. But you run the same risk mentioned above.
- You can use a password program like Last Pass, or a browser that remembers your password for you, such as Google Chrome. Both remember passwords and populate the fields for you. But if someone accesses your computer without your permission, they’ll be able to access the casinos. So, you may also want to lock your computer too (on a user level).
Here’s the solution I use. I think of a 2-3-word phrase I want to use for my password. Then I make 1-2 words interchangeable, using an adjective.
For example, say your phrase is ‘big orange chair.’ The interchangeable part can be the color. One password can be blue, another purple, one green, and so on. You can add a number and/or symbol to make your passwords even stronger.
Your only issue now is remembering which color goes to which casino account.
Conclusion
One thing you may have noticed is how some of these pros and cons contradict each other.
That’s okay. Everyone’s different. Not everyone will worry about spreading their money (and risk) across multiple casinos. Not every will care that they only diversified their bankroll across casinos from the same parent company. Or, how difficult it might be to remember their casino passwords.
But some might. That’s just the nature of the beast.
Pros And Cons Of Legalizing Online Gambling
And between the pros, cons and the tips or solutions we’ve given for each, there’s no doubt you’ll have a better idea of what works best for you and what you can do to make it even better.
Pros And Cons Of Casinos
That was our goal all along.