What are Bonus Wagering Requirements and Terms - How Do Casino Bonuses Work?
Online Casinos give bonuses to some players as an incentive to sign up with them, or simply for the player to play a bit more and a have some fun. But bonus money isn't free money, and there are always terms and conditions attached. This article will give you a little more insight about the most important aspects of the casino bonus terms, but there are other terms, that you can find in the bonus terms of each casino. here, you can learn to understand wagering requirements, game weightings and the maximum bet limits.
The wagering requirements
Bonus wagering refers to the minimal number of times that you will need to play the bonus before you can make a withdrawal. The wagering protects the casinos from players abusing the bonus, as it is essentially free money. The bonus is a means to check out the casino and play longer for your money. As deposit bonuses are often half or double the deposit, you can play longer for your money.
The amounts of the bonus wagering vary, but they are often between 20 and 30 times. In other words, you are restricted from withdrawing your winnings immediately, until you have satisfied the minimal number of gambles. Rather than seeing this as a negative, think of this as an opportunity to prolong your experience while at the same time stretching the chance to win even greater amounts!
Every casino has different bonus terms, and it is important that you understand them before playing with bonus money. for example, some casinos may seem to have a lower wagering amount by stating 20x as wagering. However, you need to check if the 20x refers to the bonus, the deposit or both! In reality, a casino that has 30x the bonus as wagering is effectively lower than a casino with 20x bonus + wagering.
An example based on a deposit of 100 €/$/£:
|Deposit||Bonus||Total money||Wagering amount||Wagering Deposit + Bonus||Wagering Bonus||Wagering Deposit|
As you can see, it is important to compare the wagering requirements of the casinos, as it can make a huge difference. Some casinos have wagering requirements of 30x bonus plus deposit, others even 40x bonus plus deposit. This makes it virtually impossible to fulfill the wagering, unless you hit a really large jackpot. Make yourself familiar with the wagering, and if there is anything unclear, contact the support of the casino for clarification about the wagering.
How game weightings work
The game weightings also play an important role in the bonus wagering, and you should look at the terms to see which games are best played with bonus money. Usually, most slots will be counted 100%, other games may contribute much less to the wagering, which will then in turn take much longer to fulfil the bonus wagering requirements. For example, if a slot game contributes 100% to the wagering, and your stake was €1, the full amount will be counted towards the wagering. However, if you play a game, for example roulette, and the contribution is set to only 10%, then only €0,10 from a €1 bet will be counted towards the wagering. This would mean that you would have to wager €40,000 in a 10% game to fulfil the wagering, based on our example of 40x the bonus. The game weightings are similar in most casinos, but they are very important and should not be neglected. Some games don't contribute at all, or they are completely excluded. It is very important that you take a look at the game weightings in the bonus terms of the respective casino.
The maximum bet size
When you play the games, you can usually decide how much you play in a round, depending on the bets allowed in the respective game. However, this is slightly different when you play with bonus money, as the bet size is usually restricted. The amount that you can play per spin is usually around €5, or €0.50 per bet line. This means that if you play for a higher stake, it will not affect the bonus wagering, and you may void your bonus, or the casino can decide to remove your bonus or the winnings altogether. Make sure you take a look at the bet size limitations in the bonus terms.
Other bonus terms
There are many other bonus terms related to receiving casino bonuses, for example excluded payment methods, maximum amounts that you can cash out, or other limitations. Make sure that you read the full terms of the bonus before you play with the bonus money. Casinos give players bonus money as an incentive to play longer, and with a bit of luck, you can even manage to fulfil the requirements and cash out some winnings. However, don't expect to win money with these somewhat restrictive terms - it's better to see the bonus as a means to play a bit longer and get a second chance after you've lost your initial deposit.
Now that you know the most important bonus terms you can take a look at our picks of the best casinos that have low wagering requirements and good bonuses. You can check out our article covering casinos with low wagernig requirements!
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