Online casino bonuses are a great way to build a bankroll. They give you the opportunity to get extra cash in your account. The casino pays the bonuses, so you do not risk any of your money.
There are many different types of bonuses that reward players. No deposit bonuses reward you when you open an account. Welcome bonuses reward you for your first deposit. And promotions give you cool rewards all the time.
But bonuses also have requirements that you must meet to get the money they offer. These requirements are restrictions online casinos place on bonuses that you must follow if you want to withdraw the money. They are there to prevent fraud and abuse by unethical players. All bonuses come with restrictions.
This page talks about three of the most common. They are playthrough & wagering requirements, game restrictions, and time limitations. We also talk about the difference between a cashable or non-cashable bonus.
Reading time: 4 minutes.
What Are Bonus Wagering Requirements?
Online casinos do not allow players to withdraw bonus cash instantly. A player that receives a reward must meet a wagering or playthrough requirement. This is the amount of money a player must bet before they can withdraw the bonus.
There are two types of wagering requirements.
The first requires a player to bet an amount of money equal to the bonus amount, multiplied by the wagering requirement. So, if the bonus amount is $100 and the wagering requirement is 20x, the player must bet $2000 ($100 x 20).
The second requires a player to be an amount of money equal to the bonus plus the deposit, multiplied by the wagering requirement. Let’s say a player makes a $100 deposit and receives a $100 bonus. If the wagering requirement is 20x, the player must best $4000 ($200 x 20).
What Are Bonus Game Restrictions?
Game restrictions are related to wagering requirements. They also impact when you can withdraw bonus cash.
An online casino bonus game restriction is the percentage of a bet that counts towards the wagering requirements. It is not the same for every game. Players do not always receive the full value of their bet.
Let’s say a player receives a $100 bonus with a 10x wagering requirement. This means the player must wager $1,000 ($100 x 10) before they can withdraw what they win. Now let’s say they play a game with a game restriction of 50%. Every dollar bet on that game counts fifty-cents towards the wagering requirement. To meet the wagering requirement, the player will need to bet $2,000.
To clear a bonus quickly, you should play a game with a low restriction percentage. The online casino game with the lowest game restriction is slots and progressives. These games have a 100% match. This means if you wager $1, you get $1 towards the bonus wagering requirements.
Casino Bonus Time Limitations
Online casinos want to see you grow your bankroll. The bonuses they give have time limitations. You must meet the requirements of the bonus before time runs out. If you don’t, you lose the bonus.
The amount of time is different for every bonus and every casino. There are bonuses that last only a few days. There are also bonuses that give players several weeks or months to meet the playthrough requirements. It depends on the size of the bonus.
When you get a promotion, check to see the time limitations. You don’t want to take too long and miss out on an opportunity! These restrictions are in the bonus terms and conditions. Be sure to know what they are.
What Is The Difference Between A Cashable & Non-Cashable Online Casino Bonus?
You cannot always withdraw an online casino bonus.
You can use a non-cashable bonus to play in the casino, but you cannot withdraw it. The casino will place the money you win playing with it into your account for you to withdraw. But the bonus itself must stay in your account forever.
A cashable bonus is the opposite. After you meet the playthrough requirements, you can cash out the bonus and the winnings.
There is a lot to understand about bonus restrictions. But that doesn’t change anything. Online casino bonuses are an excellent way to grow a bankroll. You should take advantage of as many as possible.
Don’t let the requirements to clear bonuses intimidate you. The truth is they are very small. It is easy to clear bonuses. Find an online casino with low playthrough requirements and game restrictions!