There are many reasons why online casino players should take a minute or two to read through the terms and conditions before accepting any kind of bonus offer.
Ts and Cs explain in greater detail important things like wagering requirements, which players must complete when accepting bonuses. They can also tell you many other important things you need to be aware of when claiming online casino bonuses.
Let’s take a closer look right here at why reading online casino bonus terms and conditions is important.
Why should I read the bonus terms and conditions?
If you don’t read the bonus terms and conditions, you could end up losing the bonus money you have made from your welcome bonus (which could have been a matching deposit bonus or a free spins bonus).
Ts and Cs tell you exactly how many times your bonus money must be wagered before you can cash out your bonus winnings. They reveal which games contribute more per $/€/£1.00 wagered towards completing them and how long you have to complete your wagering requirements.
What are wagering requirements, and how can I complete them?
In most parts of the world, online casino players and operators refer to the amount of money you must wager after receiving free bonus money as ‘wagering requirements.’ In other regions, it’s known as the playthrough requirement or rollover requirement. It all means the same thing.
Some online casino bonuses may come with only a 15x to 50x wagering requirement, others with a 60x to 70x requirement, and some as steep as 200x the bonus amount.
If you go to the mobile phone casino login page at trusted sites like 32Red, log in to your account for the first time, and claim your new player welcome bonus, you would then have to complete the wagering/playthrough/rollover requirements before you could cash out.
Let’s take a quick look at an example of how this works. If you have just taken advantage of a 100% match bonus worth up to $/€/£200, your deposit will instantly be matched by 100% (or doubled).
In other words, depositing $/€/£25 gets you $/€/£25 extra on top of your deposit, and depositing $/€/£80.00 gets you $/€/£80 bonus money on top of your deposit, and so on.
If you receive $/€/£25 bonus money, and that particular bonus comes with a 50x wagering requirement, it means the total amount you would need to wager before you could withdraw is $/€/£1,250.
In fact, in most cases, you also have to wager the initial deposit amount ON TOP of the bonus money you receive. In other words, instead of having to wager $/€/£1,250, in this case, you would need to wager $/€/£1,275.
How long do I have to complete the wagering requirements?
Whether you claim your bonus from a desktop or mobile device, the length of time you have to complete the wagering requirements varies from one licensed casino site to the next. For example, you may find that you only have one day to complete them.
Other online casino operators might give you one week, and others, as long as one month, to complete them. This is why reading the bonus terms and conditions is always the first thing you should do to avoid disappointment. They will tell you everything you need to be aware of so you’re not caught out.
What else can bonus Ts and Cs tell me?
Another thing that players seem to forget is that not all games will help contribute as much as others toward completing wagering requirements.
The only games that contribute 100% toward completing them per $/€/£$1.00 wagered are usually the majority of slots (some slots may be excluded from the promotion) and online scratchcards.
Live dealer table and card games, regular table & card games, video poker games, and most other games may not contribute anything (or perhaps only a maximum of 5% to 20% per $/€/£1.00 wagered) towards completing them, so remember to always read the terms and conditions.