Every online casino in existence offers online casino bonuses. New players are usually the target of casino bonuses. However, existing player will also receive bonus offers to keep them coming back to play. When researching these bonuses, it is important that you pay close attention to the casino bonus terms and conditions of the offers. This way, you know what you’re signing up for.
Casino Bonus Terms and Conditions
Today, we will give you the lowdown on what to look for in terms of online casino bonus terms and conditions. That way, you can make the best choice when making a deposit at a casino online.
The first thing to look for in casino bonus terms and conditions (T&C) is the minimum deposit for the offer. Some online casinos will offer a minimum deposit as low as $5 or $10 to play, but require a higher deposit to unlock a bonus. Many bonuses require a deposit between $20 and $30 to unlock a bonus.
If a welcome bonus involves multiple deposits, double check the minimum deposit amount on the second and subsequent deposit. This may be lower to encourage you to deposit again.
Perhaps the most important part of a casino bonus is the playthrough. This is the amount you must wager before you are allowed to cash out your online casino bonus or any winnings you earn on free spins.
For example, if you deposit $10 with a 100% bonus with a 40x playthrough. You will have to play through the bonus funds 40 times before you’re allowed to cash it out. If you had 30 free spins and won $50, you would have to play those winnings 40 times before you can cash out the winnings.
Pay careful attention to language here as sometimes the playthrough is for BOTH the deposit amount and the bonus amount. If you deposit $25 and get a 100% match, then you have to playthrough $50 at least 40x.
You should avoid bonuses that require a playthrough of both the bonus and deposit. That is unless your only goal is to extend your playing time.
The best bonuses offer a playthrough of 30x or lower for just the bonus amount.
All bets are not created equal at online casinos. For instance, $1 wagered on blackjack does not count the same as $1 wagered on pokies. The contribution of each bet is weighted depending on the wagering requirement. If you play pokies exclusively, then you should be fine as almost all pokies contribute 100% towards a wagering requirement.
However, games like blackjack contribute a lot less. Often, they contribute only 50%, meaning you have to bet $2 in order to have $1 count towards the wagering requirement and playthrough. Many games such as roulette only contribute 10%. Look over the wagering requirements of the offer so you know how much of your play is going to count towards the wagering requirement.
Many online casino bonuses will cap the maximum bet you can make in a game while trying to clear your bonus. Often, this is a cap of $5 per bet. This is to prevent people from high rolling their way through their bonus. If you exceed this cap, you risk having your bonus nullified.
Pay attention to the language of the offer regarding the bonus. Sometimes you will run across an offer that lists your bonus as a non-cashable bonus. This means that you can never convert the bonus funds in your account to cash. You can only cash out the winnings from that bonus.
For example, you deposit $50, get a $50 bonus, and win $300 while playing through your bonus. Instead of cashing out $400, you can only cash out $350 as they will remove the $50 in bonus funds.
Limits on Free Spins
Lastly, check out the limits on any free spins given in a casino bonus. They are often subject to a separate playthrough than the match bonus portion of your offer. The good news is that the playthrough is often much smaller.
However, there a few other restrictions to pay attention to. The first is whether the spins are restricted to a particular game. Often, free spins can only be played on a single game or group of games. Next, your spins will only be worth a certain amount. You cannot get 30 free spins at max credits. Rather, you get them at a value between .50 and $1 per spin.
Also, pay attention to the cap on winnings. Some casinos put a cap on how much you can win with free spins. This can vary wildly from $50 to $500. The best free spins bonuses are those that offer a NO MAX bonus, meaning that there’s no cap on winnings.