Online casino bonuses are a great way to fill your bankroll with extra cash. However, there are always terms and conditions to any bonus that must be met before you can withdraw the bonus and any money won from it. When you are on the promotions page of any online casino, you can click on the bonus offer to view the terms and conditions.
However, this is not always the case. Sometimes it only shows certain things like the requirement to place a bet. However, it is important that you read all the terms and conditions so that you know everything about the bonus. You may have to check the Terms and Conditions link or refer to the FAQ section to get all the details of the bonus.
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While wagering requirements and time limits are the two most important conditions of a bonus, there is much more that players are often unaware of. We’ll go over two of these as well as max wins, game exclusions and game contribution percentage.
need to bet
The wagering requirement for the bonus is the number of times you have to play through the bonus in order to withdraw the money. So, if a bonus offer has 100% up to $200 with a 30x wagering requirement, that means you have to wager $6,000 (30x) before you can withdraw the bonus money and any money won from it. x $200) bet.
It is common for online casinos to offer a bonus, especially a welcome bonus, which not only matches your initial deposit but also offers a set number of free spins. If this is the case, you need to find out if there are two wagering requirements, as is often the case. For example, if a casino offers 100% match deposit up to $500 and 100 free spins the bonus may require 30x wagering and the free spins 40x.
time limit
Time limits are easy to understand. The online casino will set a limit by which you must meet the wagering requirement. So, if the time frame for the example above is 10 days, you would need to wager $6,000 within 10 days in order to withdraw the bonus amount and your winnings.
max win
Often an online casino will put a cap on the maximum winnings you can get using the bonus amount. If the maximum win is $500 then you cannot win more than $500 when using the bonus amount. It can be frustrating if you get bonus money and then win big. If there is a maximum win of $500 and you are using the bonus money on the slots, while lady luck is on your side and you hit a big jackpot in the thousands, the maximum you will get is $500 because of the cap.
game exclusion
When you read the terms and conditions of an online casino bonus, you will often see a list of excluded games. These are games that you cannot play to satisfy the wagering requirement. Often times, the excluded games are in the fine print but you need to know them, because why sign up for a bonus and then play games that don’t contribute to the wagering requirement? If you love playing a certain title or titles, be sure to check out the excluded games to see if you can play them for the bonus.
game contribution percentage
The sports contribution percentage is the percentage that meets the sports wagering requirement. This is something that is often overlooked by newbies and can end up frustrating them, especially if they prefer to play games other than slots. For almost all online casinos, the slots will contribute 100% of the wagering requirement. However, you will occasionally see slot titles that do not contribute 100%.
Other games such as table games and video poker will contribute much less. For example, it is not uncommon to see video poker contribute 25% of wagering requirements and table games only 10%. It is almost always the case that table games, such as blackjack, roulette and baccarat, have a very low contribution percentage. It is also typical that the live casino games do not contribute at all. If blackjack is your game of choice and it contributes only 10% to the bonus, it means that you will have to spend a lot of money to meet the wagering requirement.
It goes without saying that if slots are not your game, it will usually take longer and cost more money to meet the wagering requirement. it’s also a good idea to use a casino bonus calculator Check it out to see if any of the bonuses are worth your time.
