Online casinos have become a popular source of entertainment for many people. The convenience of being able to play from the comfort of your own home has made it even more attractive. One of the major benefits of playing online is the variety of bonuses that are offered to players. These bonuses can come in the form of no-deposit bonuses, match bonuses, or cashback offers.
However, before accepting any bonus, it is important to understand the terms and conditions that come with it. Today we will discuss the key terms and conditions that come with online casino bonuses.
The eligibility for a player to claim a certain bonus at the casino will depend on a few factors:
New player status
Many bonuses are only available to new players who are signing up for the first time. This status is usually given to players who have just registered for an account and have not made any deposits or placed any bets yet. These bonuses are designed to entice new players to try out the casino and its games, and they can provide a good opportunity to start playing with extra funds or free spins.
Whether it’s a welcome bonus or a no deposit free spins bonus, if the terms and conditions indicates that it’s for new players only – existing customers of the casino will not be able to take advantage of that particular offer.
Unless it’s a no deposit bonus offer, you may be required to make a minimum deposit in order to claim a bonus. This is most common with the welcome bonus for new players, as well as any ongoing match bonuses, i.e. deposit $100 get $200 free.
Certain games may be restricted for bonus play and can only be played with real money. This means that if you try to play these games using bonus credits, you will not be able to do so. You will need to deposit and use real money to play these games.
These types of bonuses are usually published as a way to advertise and drum up interest in a new video slot machine that casino may be offering, thus limiting free play only to that particular game. And in most cases, the table games will be excluded from playing with the bonus money, due to the loopholes in those games that give players an edge to meet the playthrough requirements without much risk.
Wagering requirements are one of the most important terms to understand when accepting a bonus. This is the amount that you must bet in order to be able to withdraw your winnings. For example, if a bonus has a wagering requirement of x35, this means that you must bet the bonus amount 35 times before you can withdraw your winnings. The wagering requirements are so integral to every bonus an online casino may offer, that we have an in-depth article on the wagering requirements alone.
It is also very important to note that not all games contribute equally to the wagering requirement. For example, some games may only contribute 10% towards the wagering requirement, while others may contribute 100%. It is important to check the terms and conditions to see what games contribute and how much they contribute.
Another factor you must consider in the T&C of the casino bonuses, regardless of their type, is the time limit. This is the amount of time that you have to complete the wagering requirement. For example, if a bonus has a time limit of 30 days, this means that you must complete the wagering requirement within 30 days or the bonus will expire.
It is imperative to realize that the time limit starts from the moment that you accept the bonus. If you do not complete the wagering requirement within the time limit, then you will lose the bonus and any winnings that you have made from it.
This is the maximum amount that you can bet per spin. For example, if a bonus has a max bet of $5, this means that you cannot bet more than $5 per spin. Although you won’t see this condition as part of many bonus offers, there are plenty of online casinos that will have it occasionally.
Keep in mind that if you exceed the max bet, then you may void the bonus and any winnings that you have made from it. This is why it is important to check the terms and conditions before accepting the bonus.
In conclusion, understanding the terms and conditions of online casino bonuses is crucial to having a successful and enjoyable experience. By understanding the wagering requirements, time limits, eligibility, etc. you can make informed decisions when it comes to accepting bonuses. It is important to always check the terms and conditions before accepting a bonus to avoid any disappointment or confusion.