Obtaining online casino bonuses is much easier than thoroughly understanding their terms and conditions. Reading the terms is absolutely necessary. Without doing this, you risk getting into a bonus scheme you can’t benefit from.
What are the details you need to be mindful of once you start reading the conditions? Depending on the bonus, there could be various important elements and details to keep an eye on. Follow these steps if you want to learn how to properly evaluate casino bonus terms and conditions.
The bonus you intend to claim has a validity period. It won’t wait for you to commit weeks or months on end. Most casino bonuses expire several days after being credited. The common validity period is 7 days from the moment of claiming the bonus funds. Free spins casino bonuses may expire within 24 hours.
It is in your interest that you have more time to meet the wagering requirements, so the validity period should not be too short. That said, you are the one that knows if a few hours or days will matter.
You should decide if the validity of a bonus is suitable or not based on your playing schedule and habits.
This is something you should pay special attention to when claiming match deposit bonuses. Obviously, it is not the same if you redeem a 20% match bonus or a 200% match bonus. The bigger the percentage, the better the bonus. However, you should observe this characteristic of your bonus in combination with its maximum value.
The total value of the bonus will depend, in the end, on the size of your deposit. Let’s say you make a minimum deposit and the casino matches it 100%. It may still be a bigger reward than depositing more than the minimum for a 30% bonus.
Wagering conditions are also known as wagering requirements, playthrough and rollover requirements. Nearly every casino bonus has them. Rollover conditions are imposed to make you work for your bonus. Otherwise, the casino would just be giving away free money, which is not sustainable.
The wagering conditions are expressed as “x + number”. For example, x30 or x50. This number refers to the number of times you must play through your bonus. You have to wager the amount of the bonus that many times before you can withdraw any winnings.
The bonus holder needs to accomplish this before the bonus expires. Sometimes the wagering requirements also include the deposit amount and bonus.
Wagering Contribution Table
To meet the wagering requirement in a more efficient, quicker way, you should consider the wagering contribution table. If you choose to play games with a higher contribution percentage, you will fulfill the requirements faster.
What do these percentages mean? They represent the percentage of your bets on specific games that counts towards meeting the wagering conditions. For instance, if slots contribute 100% that means all your wagers on slots will help towards unlocking the bonus.
If you play blackjack, which normally contributes 10%, only 10% of the bets will add to the playthrough. Most casinos will post a table, clarifying which types of games contribute and how much exactly.
Casino bonuses may be valid for specific games only. If that is the case, the casino will confirm it in the promo description. There will be a list of eligible games. However, there are universal casino bonuses that should apply to all the games in the lobby. Sometimes, this is not entirely true.
If you pay close attention and read the fine print, there are often games that are excluded from the offer. Typically, progressive jackpot games are left out from promotional campaigns. Other slots stay outside of the campaign, so make sure you consider any such restrictions.
Maximum Bets and Winning Caps
The T&C section will contain other important aspects – such as maximum bets allowed and max caps on winnings. The casino may place a restriction on how much you can bet from your bonus funds per single wager. This should incentivize you not to play low-stakes games to unlock the bonus winnings.
In addition, the funds derived from the bonus usually have a limitation. If you win more than the maximum cap, you will only receive the predetermined maximum.
As long as you consider the aforementioned details, you should be able to assess the bonus conditions to your benefit.