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Can money buy happiness?
In an ideal world, we would all have unlimited funds to do whatever we want. We might all look on enviously at billionaires who never seem to worry about budgeting or counting the cost, but seriously, are they happy?
Apparently, wealth can be pretty isolating, and rich people face all the same problems as the rest of us. Contrary to what many people think, being ultra-rich is not a pass for a problem-free life. Therapists claim that the super-rich struggle with depression, isolation and paranoia.
A clinical psychotherapist, Paul Hokemeyer, who treats ultra-rich people, is reported as saying,
“Most people can’t understand how rich people can have problems. They dismiss rich people’s mental health concerns as insignificant and of diminished importance. Their relationships become defined for what they can provide to others rather than for who they are of themselves.”
However, before you reach for your tiny violin, you can be assured that it does not affect all rich people equally. Those who become wealthy as a result of their own achievements have what is called a ‘strong internal locus of control’. Hokemeyer says these people feel responsible and in charge of their lives; they are confident in their ability to make money again should they lose it.
People who became wealthy as a result of their own achievements have what is known as a strong internal locus of control, said Hokemeyer. They feel in charge and responsible for the trajectory of their lives and are confident in their ability to make money again should they lose it. It is reported that they do not spend time fretting over their car collection or luxury yacht and can enjoy what they have.
Most of us do not need to worry about excess wealth
However, they came about their wealth, whether earned or inherited; the chances are they have considerably more than the average reader of this post. While you might aspire to their wealth right now, the chances are that your budget is pretty limited, and you do not have unlimited resources for your gambling.
The good news is that you do not need to increase your budget to play more; there are several ways to get more for your money. You just need to be a bit canny and shop around for the best offers and promotions. Like with any other consumer goods or services, there are always bonuses and deals to be had if you know where to look.
Make your currency go further
As Canadians are known for their predilection for gambling, with over sixty percent of the population claiming to have spent money on gambling, there is a huge choice of online casinos. Whether you want to play for real money or just for fun or pay with crypto, fiat or virtual ‘Gold Coin’ currency, you can always make your original stake money go a little, or a lot, further.
You could spend hours searching around for the best bonuses in Canada. Alternatively, you can find which of the most popular real money casinos online have the best deals by consulting a casino review or comparison site.
Where to find the best bonuses
The best sites offer a great combination of bonuses and payouts. When we say payout, we mean how much the casino pays out on average over an extended period of time versus every dollar you deposit and play with. This is also known as RTP or return to player. For example, Jackpot City pays out 98.21%, Spin City 98.46%, Just Casino 98.67%, VegasNow 98.51% and Lukki 98.84%.
As you can see, ultimately, they always pay out less than is staked, and as some people lose all their stakes, someone walks away with a decent win. However, ultimately, the house always wins, which is why it is a good idea to find the best bonuses on offer and get as much ‘free play’ as possible.
JackpotCity Casino has a bonus of 100% up to $1,600 plus 10 daily spins, offering players the chance to win a million
Spin Casino has 100% up to $1,000 and 10 daily spins to win a million
Just Casino offers a bonus of 150% up to $1,500 and 200 daily free spins
VegasNow offers players a 100% bonus up to $8,000 and 500 free spins
Lukki’s bonus offer is limited to $4,000 and 300 free spins.
As you can see, there are some incredible bonus offers to be had. In addition to bonus size and payout percentages, experts advise players to look out for payout speeds (you do not want to be waiting weeks for your winning) and also to be aware of wagering requirements.
Watch out for the small print
Wagering requirement details are an avital step in your research as they can vary drastically between different sites. Online casinos have a set percentage you must wager before you can withdraw any real money wins. Some of the seemingly huge bonuses can come with very long strings attached. The advice is to aim for the lowest wagering requirements on offer so that you do not have to play so much before you can cash out. Huge bonuses can appear as a smart way to make your budget go further, but they can force you to spend more than you planned.
Remember, you only get one chance to make a first deposit with any casino, so take the time to calculate how to get the best return. Read the wagering requirements before committing to a particular bonus. Play low to medium variance slots as they will give more frequent smaller wins, which means you will meet the playthrough requirements before your balance hits zero. Look out for free spins that do not have wagering requirements – they do exist and let you try out new slots, maybe hit the jackpot and have the advantage of immediate withdrawals.
Finally, don’t abuse bonuses. If you fall into the trap of accepting every bonus offered, you might find the casino penalizing you. The most common rule is that you cannot exceed the maximum stake while playing with bonus cash. Do not be tempted to try, as you could find all your bonus cash and winnings being withdrawn.