Key Casino Bonus Terms and Conditions
Like many other casino gamblers, you probably skip the lengthy fine print containing the bonus terms and conditions. But should you really be skipping everything? In this blog, we go into key BetOnline bonus terms you should always check before claiming a bonus offer that may drastically affect your gameplay experience.
Important Details To Always Check in Casino Bonus Terms and Conditions
Before claiming and using an online casino bonus, players must read and understand what the terms & conditions state to understand what they are getting into. Here are certain important things you should check for:
Wagering requirements
The wagering requirement (also called playthrough requirements) is a condition player must meet before they can withdraw their bonus winnings. It is a multiplier number that represents how many times you must bet with a bonus before you can withdraw its winnings.
Example
If a player gets a €15 welcome bonus, the wagering requirement is 20x. This means the player must spend €300 on eligible games before they can cash out their winnings.
Players should note that not all games often contribute equally to wagering requirements. Some casinos might apply standard game weighing, which implies that not all stakes will fully count towards the playthrough requirement. In this case, percentage contribution is used to measure contribution.
Casino bonus wagering requirements can vary across online casinos depending on the bonus type. Some casinos offer low wagering requirements, and some offer high wagering requirements. It is essential to read the terms & conditions before claiming a bonus to know what you are getting into.
Maximum withdrawal amount
This is the casino limit on the amount you can withdraw from your bonus winnings. As a player, if you meet the wagering requirements and generate a high winning, you can only withdraw up to the specified maximum withdrawal amount.
For example, a player claims a welcome bonus with a max withdrawal limit of €100. If, after meeting the playthrough requirements, he accumulates a €200 winning, they can only withdraw €100 from this total winning while the remaining amount becomes forfeited.
Types of withdrawal limits
The maximum withdrawal amount can come in different forms depending on the casino’s website. Some of these forms are:
- Multiplier-based withdrawal limit: This limit is based on a fixed multiplier value. For example, a 3x withdrawal limit on a €10 bonus would mean players can withdraw up to €30 of their winnings.
- Fixed amount withdrawal limit: A specific amount is chosen as the withdrawal limit. Players can only withdraw up to this particular amount indicated.
- Percentage-based withdrawal limit: This withdrawal limit is capped at a percentage of the bonus value. For example, if a player claims a €200 welcome bonus with a 50% withdrawal limit, they can only withdraw up to €100 of their bonus winnings.
- Progressive-based withdrawal limit: This withdrawal limit depends on players’ contributions to the casino, like their deposit history and loyalty level. For example, players can get a higher withdrawal limit if they have a higher tier level on the casino VIP tier.
It is essential to note that some casino bonuses do not impose withdrawal limits. Players must check the terms and conditions to determine the bonus withdrawal limit and choose the option that is convenient for them.
Deposit requirement
A casino bonus deposit requirement is a player’s minimum deposit amount to qualify for a bonus. This amount varies depending on the casino of your choice. However, minimum deposit casinos offer bonuses even on low deposits. They, however, may imply other limitations.
Example
If an online casino offers a “200% first deposit match of up to €50, min deposit of €5,” this would mean that any first deposit above €5 will be instantly rewarded with a 200% bonus. To get the maximum value of this bonus, you must make a €50 deposit.
Casinos use the deposit requirement condition to ensure players commit their funds by making real-money deposits for bonus offers. Always check the bonus terms and conditions to know its specific rules and restrictions. Some casinos may exclude some of your preferred payment methods; you should check if your selected option is eligible for this bonus.
Time limit
The casino bonus time limit is how long a casino gives players to wager on a bonus offer before it expires. It is when players must use their bonus, complete the wagering requirement, or fulfil other conditions before the bonus and its winnings become void.
For example, a casino offers 10 free spins daily for 7 days. Each daily free spin reward is only valid for 24 hours and becomes void if not used within this time limit.
The time limit can range from a few days to a few weeks, depending on the bonus type and casino. Players need to be aware of the bonus time limit and plan accordingly. Information on casino bonus time limit is stated in the bonus terms & conditions.
Excluded games
Casino bonus-excluded games are specific games not eligible for a bonus since they do not contribute to clearing the wagering requirement. After claiming a bonus offer with a wagering requirement, it is common practice for online casinos to exclude some games.
Excluded games can vary across casinos but mainly consist of games with high return-to-player (RTP) percentages and low house hedges. Some games that are often excluded are baccarat, blackjack, roulette, and video poker.
Always check the general terms
Online casinos exclude these games to prevent players from exploiting low-risk games to cheat the system. To find out what games are excluded from an online casino, review the bonus terms and conditions.
It is essential that players carefully read through the casino bonus terms & conditions before accepting or claiming it. Players should contact customer support for clarification if there are any issues or questions.
Conclusion – Always Look at What the Bonus Terms Say
With so many terms and conditions, players often wonder how to keep up. Platforms are strict about adhering to their terms and ensuring fair gambling. Casino regulatory bodies expect both players and casinos to adhere to terms and conditions to keep things running smoothly for both parties.