The main and pretty much only reason why online casinos have so many terms on their bonus offers is to protect themselves from players who win too much. In the end, the casino is generous enough to award you with some bonus money to play with.
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They impose bonus terms in order to prevent players who can use the bonus offer to their advantage and win big amounts of money at the casinos. But even with so many bonus terms you still gain the advantage by claiming a bonus, especially if you don’t want to deposit too much of your own money.
What is a casino bonus?
A casino bonus is a promotion that is awarded to the player as a token of gratitude for doing some action at the casino. Bonus promotions can come as no deposit sign up rewards, for creating an account at the casino, or as a deposit bonus, awarded to your account for making a real money deposit. Whichever promo you get you should always go through the bonus terms carefully in order to avoid any unwanted surprises later on.
Most common casino bonus terms explained
If you’re an experienced player you already know what the most common bonus terms are and why they are in place. For newbie players, this can be overwhelming, so in this part of our article, we will try to explain each bonus term and its function at the casino.
Wagering requirements at casinos
The wagering requirement is the number of bets you will need to place on the casino games before your bonus balance is transferred to your cash balance and you can make a real money withdrawal.
The wagering requirement is clearly stated in every bonus promotion. This is in place so that the player earns the right to withdraw his winnings, generated by the bonus amount. The casino simply can’t give you extra real money on top of your deposit.
The bonus funds have to come with a wagering requirement and you will have to play the casino games for a longer time in order to clear it and make a real money withdrawal.
Minimum deposit amount
Most online casinos impose a minimum deposit amount to their bonus promotions. In most cases, this can be a minimum amount of only $10 or $20. But when a casino has an attractive bonus offer in their ranks they can impose a higher deposit limit.
This is mostly the case with low wagering bonus promos and no wagering free spins. With these promos, the minimum deposit amount can be $50 or even $100. This is done in order to make the players deposit higher amounts in order to reap the rewards of the casino bonus promo. This works in favor of both the casino and the players.
Allowed casino games
You have surely noticed that almost every casino has a list of allowed or forbidden casino games for playing with bonus funds. This list is in correlation with the wagering requirement.
Some casino games have a very low house edge so players can easily wager big amounts of money without losing too much of their balance. So in order to protect themselves, the casinos exclude some casino games from play with bonus funds.
If this limit doesn’t exist players can claim a big bonus amount, wager it on the casino games quickly and make a hefty withdrawal.
Maximum bet per spin
The maximum bet per spin limit is another measure online casinos use in order to protect themselves from players who can win too much while playing with bonus funds.
At most online casinos you are limited to $5 per spin while playing slots, and usually $25 per hand on the table games. Without this limit in place, a player could take a big bonus amount and bet big on the casino games from the start. In one lucky spin on the slots, he could hit a great bonus round and end up with a massive amount of money on his account.
In order to prevent this from happening with bonus money, the casinos impose the maximum bet per spin limit.
Maximum allowed cash-out
The maximum allowed cash-out limit is the maximum amount of money you can withdraw from the casino if you are playing with an active bonus. This limit usually doesn’t imply to deposit bonuses.
At most casinos when you play with a deposit bonus you can withdraw all of your winnings. But with no deposit promos, it’s a different story. Every online casino will try to protect itself from players who can win big amounts of money while playing with a no deposit bonus.
This way if the player makes a withdrawal from the no deposit bonus he will have to deposit and play again if he wants to withdraw all of his winnings.
Sticky casino bonus
The Sticky bonus rule is usually implied to big bonus promotions which range upwards of 500%. For example, if you make a $20 deposit at an online casino and claim $100 in bonus money you can wager it, ending up with $200 on your account.
The casino awarded you with $100 in bonus money, so now they will take it back since it’s a Sticky Bonus and is awarded for wagering purposes only.
This leaves you only with a total of $100 in real money which you can withdraw from your account. So whenever you can avoid these promos in order to save yourself from losing a part of your real money withdrawal and winnings.
Forbidden payment methods
Some casinos can impose a ban on certain payment methods from claiming bonus promotions at the casino. Usually, the most common payment methods in this category are Neteller, Skrill, PayPal and Paysafe Cards.
This is done in order to protect the casinos from fraudulent players who can take over these accounts and use them to play with other people’s money at the casinos. This kind of limit is not imposed on Credit/Debit Card deposits since they are considered to be the safest payment providers in the industry.