Terms and Conditions
These are a set of conditions that dictate how microgaming casinos you can use the bonus, if there are limits on what you can win or withdraw from the bonus, and how much you’ll need to bet to withdraw anything you’ve won. Casino bonus terms and conditions can be a bit restrictive, but they are put in place to prevent bad actors from exploiting promotions.
The two major terms and conditions that you need to agree to before you can claim a casino bonus are wagering requirements and wagering contributions, though there may also be bet and withdrawal limits.
Whether you claim a casino bonus in the USA or anywhere around the world, there’s going to be an associated wagering requirement. As the name suggests, a wagering requirement is the amount that you have to bet at the casino before you can withdraw anything that you may have won using a claimed bonus.
Anywhere between 30 and 50 times the amount of the initial bonus is reasonable, though it may be higher or lower depending on the type of bonus you’ve claimed. When you use no-deposit bonus codes, the attached wagering requirement might be as high as 60 times the amount of the bonus.
Wagering contributions are another factor to think about when you claim a casino bonus. A game’s wagering contribution refers to what percentage of bets on that game count towards the wagering contribution of a bonus.
When looking to satisfy a wagering requirement, slot machines are the best game to play, as they have a wagering contribution of 100% – all bets made on them count towards satisfying the requirement. However, depending on the casino, the wagering contributions of other games may be significantly lower.
Table games such as online blackjack, online baccarat, or online roulette may have a wagering contribution of only 5%, meaning that it’ll take far more time and dramatically more bets on those games to satisfy the wagering requirement.
Certain types of casino bonuses ount that you’re able to bet on a game at a time, typically lower than the maximum bet the game is capable of. This is done in part to prevent a casino from losing money on promotions, since maximum bets can result in very high payouts.
Why Casinos Offer Bonuses
While casinos are incredibly fun to play at, they are also entities that need to make money to stay in business. If they’re always giving out a ton of casino bonus codes and offering incentives to players, how are they making money?
The old adage “you need to spend money to make money” is very much the case when it comes to gambling sites. Casino bonuses are a great way to get players in the door and interested in everything on offer. They encourage new users to sign up and build a stronger relationship with existing players. When someone claims a bonus, they’re making an investment in the casino; since no one can win every casino game all of the time, the amount that they pay in will differ from the amount that they ultimately take out.
Depending on how frequently bonuses are updated, they can be a great way to keep players coming back and playing. Depending on the casino, there may be weekly or recurring bonuses to encourage players to make their deposits on a particular day. One common casino bonus, in the USA and around the world, is to offer match bonuses or free spins on Friday and Saturday so players can enjoy gambling on the weekend.