How Bonuses Work
One of the most common questions players is how to calculate a bonus, because casinos tend to put big and dazzling numbers at the forefront, while details such as rollover and other wagering req, which are actually important, are the fine print.
How to calculate a casino bonus?
First and foremost, bonuses are expressed in percentages because they are often a match of the casino deposit amount.
For example, a casino offers a 100% first deposit bonus worth up to $100. Let’s say that the minimum deposit is $10, and the maximum deposit that will yield a bonus is $100, as the bonus is capped at $100.
What this means is that the casino is ready to match your deposit with bonus funds fully, up to $100. Deposits over $100 will still qualify for a casino bonus, but the amount of the bonus will not exceed $100.
How much do you get from a bonus?
Depends on your deposit, of course. If you choose to deposit $10, the casino will also give you $10 (as it’s a 100% match of the deposit).
If you decide to deposit $50, you will receive $50 as bonus funds. Consequently, a deposit of $150 will produce a $100 bonus as that’s the cap.
Once you claim the bonus, you need to pay attention to wagering requirements as that is the only way to ensure you are going to cash out the winnings from the bonus. If you fail to complete rollover, your bonus will be declared void.
Bonus Transparency
As previously mentioned, online casino bonuses are never free. It’s just not profitable for the casinos. That’s why even no deposit bonuses have rules attached to them.
All bonuses, including the freebies and no deposit deals, always come with “fine print,” also known as the bonus terms. Most top rated online casinos make sure that their bonus policies are player friendly.
But the terms can also be rather unreasonable at many online casinos. Players should, therefore, make it a point to read the bonus terms before claiming a bonus to avoid future disappointment.
Wagering Requirements
Wagering requirements refer to a multiplier value, which indicates the number of times players should rollover their bonus amounts before they can qualify to make a payout request.
In simple terms, wagering requirements imply how many times players must wager the deposit + bonus amount to get the right to cash out winnings.
Although it’s not practice at all casinos, some venues require players to rollover not only their deposit amounts, but also their bonus amounts.
In case of free spins bonuses, the free spins winnings are considered to be bonus money subject to wagering requirements. Players have to rollover these winnings a particular number of times before they can be allowed to make a withdrawal request.
Online casinos also impose deadlines within which players have to meet during a bonus playthrough. In other words, bonus funds have expiry dates, within which players have to clear them.
For example, a 100% bonus up to $100 may have wagering requirements of 30x. If players claim the maximum bonus of $100, they have to playthrough $3000 before they can make a withdrawal request. If players try to make a withdrawal request earlier, the online casino will remove whatever is left of their bonus plus prizes won while using the bonus from their accounts.
Sticky Bonuses & Withdrawal Rules
Although wagering requirements are in place to ensure players wager the bonus enough times to be able to withdraw, that’s not always possible.
Players cannot withdraw all bonuses. Bonuses that cannot be withdrawn are called sticky bonuses or non-cashable bonuses. In case of such bonus offers, players can withdraw only their winnings, not the bonus amount itself. Once they clear the bonus, the online casino will remove it from their accounts.
In general, we recommend avoiding a sticky bonus as they are not considered player-friendly and could potentially harm the player’s bankroll considerably before they get to cash out. Luckily, there are many bonuses that are far more suitable for players that actually promote safer and fairer conditions.
Deposit Limits
Deposit limits, as well as bonus limits, are something that should not be overlooked. Depending on the budget, bonuses may offer 100% or even 200% matches of the deposits. That sounds amazing, but it’s not uncommon to see low maximum and high minimum deposit limits associated with these bonuses.
The minimum deposit amount is the least you can deposit to qualify for the bonus. In most cases, that’s $10 or $20. Everything over $20 is considered a high minimum deposit limit and should be avoided. The only exception is if you are a high roller, in which case you are probably not concerned with the minimum limit.
High rollers are more likely to face problems with the low maximum deposit, though. They may be unable to get a high enough bonus, so they are forced to look for bonuses that are dubbed ‘high roller bonuses’.
That is why it is important to search for offers that suit the players’ needs the best. A word of advice: go for bonuses with $10 minimum deposit limits, as they often feature the most player-friendly conditions, and are generally the most common option.
Time and Stake Constraints
Another important thing to consider about claiming casino bonuses is the bonus expiry date.
Bonuses often come with time limits. These limits mean that the players must agree to meet wagering requirements within a specific period, such as seven or thirty days.
While thirty days seem like a reasonable period, the 7-day bonus expiry is not something every player agrees with. And unfortunately, many bonuses have that specific limit.
And that is why time constraints are potentially a very big deal for players when they are choosing casino bonuses.
Players with limited time to dedicate to gaming may find it difficult to meet these conditions, leading to frustration and forfeiture of the bonus. Many times, the bonus funds are declared void as the players did not manage to meet the wagering requirements within the time period set forth. The pressure of a deadline can make the gaming experience less enjoyable, steering players away from bonus offers.
Besides a time constraint, promo offers also have stake constraints. Namely, when a bonus is claimed, players essentially agree to a cap of stakes, meaning there is a limit for the maximum bet amount when playing games looking to meet the rollover. This is especially true for Free Spins.
Featured Casino Bonuses
Cashed Casino
FILTER
