Casino Bonuses: Understanding The Terms and Conditions

20 December 2024 2 minutes to read
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Players don’t always read the fine print attached to casino bonuses. Don’t make that mistake. Why? When the online casino cancels the bonus and associated wins, players badmouth the site.

This article highlights the different terms of casino bonuses and the best games to play with a bonus.

casino bonus terms

Bonus Types and Their Terms and Conditions

Welcome Bonus

The welcome or deposit bonus is the most popular bonus online casinos in the USA offer new depositors.
To qualify for it you must deposit at least $10 and the bonus has a match up of 100% to 400%.

Wagering requirements are 20x to 50x the bonus and deposit sum. Slot games count 100% towards the wagering requirements. Table games like blackjack contribute 10% to 20%, and video poker 5% to 10%. Bets per spin range from $5 to $10.

Note: You must meet the wagering requirements within a set timeframe, or the bonus expires.

Free Spins Bonus

Free spins bonuses allow you to play preselected slots, typically offering 10 to 50 free spins. Winnings are subject to a wagering requirement of 20x–40x.

These bonuses often have a win cap, usually $100, and expire within 7 days.

Cashback Bonus

Cashback bonuses refund a percentage of your losses, typically 5% to 10%. Wagering requirements usually range from 1x to 5x. Unless otherwise specified, the bonus covers all games and expires within a few days.

Banking Bonus

Earn extra cash using specific banking methods. An additional 10% is available for deposits made with Bitcoin or a credit/debit card. This bonus has a rollover of 20x to 40x and typically expires within 7-30 days.

No-Deposit Bonus

No-deposit bonuses offer free funds or spins on signup: $10 or 20 spins. These have higher wagering requirements of 30x or 50x and a win cap at $50. You must deposit money before cashing out wins from this bonus.

Refer-a-Friend Bonus

Earn $20 or more for each referred friend who deposits at least $50 and meets the wagering requirements.

Common Bonus Term Mistakes

  • Wagering Requirements (WRs): Unless you meet the WRs you can’t cash out your wins fast at casinos.
  • Maximum Wager Limit: Most casinos cap bets during wagering. If you bet more than $10 the casino will cancel the bonus and winnings.
  • Game Contribution: Slots usually contribute 100%, but table games and video poker count 10%-20% or less. Don’t play video poker with a bonus because the WRs are significantly steeper.
  • Bonus Expiry: Players often forget that bonus funds expire within 7–30 days.
  • Withdrawal Limits: No-deposit and free spin bonuses often cap winnings at $20-$100.
  • One Bonus per Household: Casinos enforce one bonus per household/IP address. Violations can result in account suspension.

Conclusion

If you don’t want to encounter problems with a bonus play within its terms. The majority of player complaints against online casinos are from those who breached bonus rules.

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