Things To Know About Bonus Wagering At Online Casinos

Many gamblers when choosing an online casino always pay attention to what bonuses and incentives are offered by operators. By getting extra money and free spins, you can form a stronger starting bankroll to enjoy gambling for longer. However, almost any casino bonus is subject to wagering requirements.

Moreover, most operators impose additional conditions for the use of their bonuses, such as a limit on the maximum bet size and the maximum amount of winnings available for withdrawal. Read this post where we explain the peculiarities of bonus wagering so that you approach the choice of casino promotions more wisely.

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Common Types Of Casino Bonuses

Although there are many different casino promotions, in general, all bonuses can be categorized into 3 types:

  • Extra money. Provided as a reward for funding your casino account, this bonus is real money that you can spend on bets on almost any casino game. However, this money is credited to the bonus account and only becomes available for withdrawal once you fulfil the wagering requirements.
  • Free spins. Designed specifically for slots, this bonus can be considered as an opportunity to play a few game rounds in the specified slot machines with a bet determined by the casino operator.
  • Cashback. Working as insurance against your casino account balance reaches zero, cashback is the operator’s reimbursement of some of the money you lost.

Keep in mind that while cash bonuses and free spins are offered as part of both welcome and ongoing promotions, cashback is most often part of a loyalty scheme designed for those who choose to stay with a particular casino for the long term.

Features Of Bonus Usage And Wagering Requirements

On the one hand, bonuses can be a great boost to your bankroll, allowing you to play longer or make higher bets. On the other hand, bonuses attract new users by helping casino operators expand their user base. However, even the richest casino would go bankrupt instantly giving out bonuses for nothing in return.

Virtually every casino bonus is given on certain conditions defined in the T&Cs of a promotion. Before agreeing to any particular casino bonus, carefully read the terms and conditions paying attention to the following things:

  • Wagering (playthrough) requirements. Specified as a multiplier, the playthrough requirement represents how many times you need to wager the bonus amount to be able to withdraw your winnings. For instance, to fulfil an x40 wagering requirement on a RON 100 bonus, you would need to spend RON 100 x 40 = RON 4,000 on wagers in casino games to unlock the cashout. Keep in mind that some operators impose wagering requirements on both the bonus and the funds you deposit. Check our list of low wagering casinos to play on reliable sites offering bonuses with really reasonable playthrough requirements.
  • Featured games. Read the T&Cs carefully to find out which games you can spend your bonus on. Also, check which games you will be able to play to fulfil the wagering requirement of the bonus. Keep in mind that your wagers may count towards wagering differently in different games.
  • Maximum bet size. While free spins bonuses have a fixed wager, cash bonuses give you more freedom to choose your wager size. However, the maximum bet size is capped according to the rules set by the casino operator.
  • The maximum amount of prize money available for withdrawal. You will be disappointed to find out that you will only be able to withdraw a fraction of your large bonus winnings. So, check if there is a limit on the maximum withdrawal amount before you agree to a casino bonus.

While bonuses are generally beneficial for players, overly complicated wagering requirements and strict limits on the use of extra money and/or free spins can leave an unpleasant aftertaste. So, before agreeing to another casino deal, carefully study the details of the promotion as well as the general terms and conditions of the bonuses offered by the gaming platform.

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