The casinos offer bonuses to make new players sign up to their site. With a little bit of luck you can earn a lot of money by collecting these bonuses. By accepting casino bonuses you can swing the casino edge into your favor.
The casinos will try to protect themselves by applying a number of Terms & Conditions to each bonus. You must follow these in order to withdraw the bonus or any money generated from them.
Most bonuses have a Wagering Requirement attached to them. This means that you need to wager the bonus a fixed number of times before the bonus money is yours. It is not uncommon for a Welcome First Deposit Bonus to have a Wagering Requirement of 35-50 times the bonus.
It is common to have a maximum bet size when grinding a bonus. This means that the stakes above this limit will not count towards the wagering requirement. Typically this is about 5$ per spin on a slot machine.
It is common for the casinos to ban certain slot games that are “too good” for the player. That may be a slot machine with very high RTP (Return to Player), or a high variance. Banned games can still be played using the bonus money, but they will not count towards the Wagering Requirement.
It costs the casinos a lot of money by offering the Welcome Bonuses. They will only allow one welcome bonus per person. It may even state that it is only one bonus allowed per household or IP. So if you are more than one person living together, make sure only one of you tries to grab the welcome offer for a particular Casino. Usually it is not a big deal since there are so many different bonuses to collect .
All bonuses are only valid for a certain amount of time. A Match Bonus usually has a time limit between 7-60 days before they expire. If you haven’t finished the wagering requirement before then you may end up losing the bonus and any winnings linked to it in one blow. Start working on clearing the wagering right away, giving you enough time to fulfill the requirements.
Free Spins awarded to your account expires even quicker. 1-7 days before they are voided is quite standard.
Usually slot machines count 100% towards the wagering requirement. That is 100$ spent takes you exactly 100$ closer to completing the wagering. Other games may contribute less for example Blackjack, video poker, craps or Roulette.
By requesting a withdrawal of funds while completing the wagering requirement of a bonus may terminate it. This means that you give up your bonus and all winnings generated from it. This could be an expensive mistake, so make sure you really need to make the withdrawal at the current time.
By accepting a new bonus while having an old bonus still active, may cause the first bonus to be terminated. That means that the bonus and all winnings generated from it may be lost. So make sure to play through one bonus at the time to be as efficient as possible.
This is a rather vague formulation the casinos apply. If they find that you are abusing their site or the bonus offers they may cancel your bonus.
You should be over 18 years old in order to open an account with a Casino. You will need to verify your age before making any withdrawals.
It may be prohibited to switch games back and forth during a bonus. For example it may not be allowed to use the bonus money on table games or video poker, and then changing back to slot machines in order to complete the wagering requirement.