9 Tips for understanding casino bonus terms and conditions - Baltimore Post-ExaminerBaltimore Post-Examiner

9 Tips for understanding casino bonus terms and conditions

Online betting operators employ various techniques in order to make their sites more appealing. Casino bonuses are one such technique. There are a wide variety of bonuses available and each type has different terms and conditions. However, bonus terms and conditions are not universal – each casino has their own bonus policy.

In order to get the most from casino bonuses, players need to be aware of casino bonus terms and conditions. That is why BonusInsider.com have created this handy guide with tips for understanding some of the most common casino bonuses, along with their terms and conditions.

Tips for understanding Match Bonuses

1. Know what is a Match Bonus

A match bonus is a reward based on the amount of money deposited by a player. Match bonuses vary in casinos in terms of amount or percentage they offer, with each type has individual terms and conditions.

2. Know what types of Match Bonuses exist

As we said, there are various match bonuses in casinos, depending on the percentage or amount they offer, such as 50, 100, 200, 500 percent match bonuses. The 50 percent match bonus is a casino offering in which players get an additional 50 percent on the bankroll. In other words, for a deposit of $100, players will receive a $50 bonus. The 100 percent match bonus is largely the same, only it doubles a player’s bankroll. However, most casinos put a “cap” on the 100 percent match bonus. In a 100 percent match bonus up to $500, players can receive a maximum of $500, regardless of how much they deposit.

3. Know the wagering requirements

Under each casino’s wagering requirements, players have to wager the deposit and bonus amount before being able to withdraw their winnings. Casinos might restrict the type of games which can be played, give players up to a month to utilize their bonus, etc. Some operators have additional requirements, such as a minimum deposit amount.

Beware match bonuses that exceed 500 ppercent– the wagering requirements will probably be way over the average.

Tips for understanding Free Spin Bonuses

1. Know what is a Free Spin Bonus

Free spins offer players the chance to play video slots without risking their bankroll. Free spin bonuses may have various configurations and, just like other types of casino bonuses, they are subject to specific conditions.

2. Know what types of Free Spin Bonuses exist

Free spin bonuses might be offered by online operators separately or combined with deposit bonuses. Renown online operators might offer a $200 deposit bonus with 150 free spins to make their venues more appealing. There is also the 10-30 free spin bonus offered to new players who maintain an account on the casino, without having to make a deposit.

3. Know the wagering requirements

Most casinos’ wagering requirements affect the winnings which can be earned with free spins. If a player uses a 15 free spin bonus and wins $100, their winnings might not be so easy to withdraw. Most operators require players to bet the winnings a particular number of times before being able to withdraw their winnings, most commonly between 20x and 70x. Naturally, it is best to look for an operator with lower wagering requirements.

The validity of free spin bonuses might vary with different operators. Most casinos require their clients to utilize the free spins up to 7 days after awarding, or they will lose them. What is more, free spins might cover specific game titles. In addition, winnings made using free spins might have particular withdrawal caps. If your casino has a $300 withdrawal cap, you can withdraw up to $300, regardless of how much you have won.

Tips for understanding Deposit Bonuses

1. Know what is a Deposit Bonus

The deposit bonus is a casino offering which awards players with an amount of money after the player signs up and makes a deposit. The first deposit bonus might vary in terms of exact amount, depending on the casino policy.

2. Know what types of Deposit Bonuses exist

The first deposit bonus might take the form of free money. Under this arrangement, players receive a particular amount of money regardless of how much they have deposited initially. Casino operators might offer $100 if players deposit $150 or more.

3. Know the wagering requirements

Each casino has different wagering requirements when it comes to offering free money. Most commonly, players are unable to withdraw their winnings immediately, i.e., they have to play a specific number of times before being able to withdraw their winnings. For example, if a player is awarded $5 as an initial deposit and the wagering requirement comes at 50x, then the players have to pay $250 before being able to withdraw their bonus.

 


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