How to Withdraw a Casino Bonus?
Casino Bonuses all around you
From the moment you decide to join the vast online gambling community, you will be bombarded with countless bonus offers from every casino you stumble upon. You will be presented “exclusive offers”, “free money”, “no deposit bonuses”, “match bonuses” with the amount of free chips displayed in bright colour and written in large font.
Online casinos give their best to attract new players, promising lots of free cash if you decide to join and make your deposit. With such a glittering world of casino bonuses wherever you look, it is hard to resist the temptation to claim your bonus and start playing the games with free money. Indeed, only a small percentage of players have managed to go through the online casinos without asking for their bonuses at least once.
Casino Bonus terms hiding in the bushes
However, the information about the way you can withdraw your bonus rarely finds their place on the homepage. Most commonly, you can get familiar with it by reading the terms & conditions page of a particular casino thoroughly. Many players, though, simply skip the boring part of the bonuses and start enjoying the bonuses right away.
This is a common reason of misunderstanding between a player and a casino. Keep in mind that any bonus you get is intended for playing the games and you cannot use it the way you like it. When you claim a particular bonus, you also accept some conditions which include the playthrough or wagering requirements.
There is no way you can take your bonus winnings or even request any withdrawal before you have fulfilled these requirements. Therefore, read the rest of this article and learn how to avoid tricky situations in the future.
Wagering Requirements Explained
Let us stress this once again: always read the terms and conditions page of every casino you are registered with! You will be playing with your own money and there is no excuse for laziness. The majority of problems in a relation between players and casinos derive from active bonuses. The bonus is active on your account when the wagering requirements are not yet fulfilled. Then, what are wagering requirements after all?
Wagering (sometimes called play-trough) requirements is the amount of total deposit and/or bonus amount that must be wagered before any withdrawal. For example, when you receive a match bonus of 100% on your $100 deposit with the wagering requirements of 25 times deposit + bonus amount, you need to wager a total of $5000 prior to requesting a withdrawal. If you receive the same bonus, but the wagering requirements are 25 times bonus, it means that the total stake of $2500 is required before you can convert your casino balance into withdrawable cash.
However, the story does not end here. Every casino has a list of games you can play in order to meet the wagering requirements. Namely, not all the games can be used equally and some of them cannot be used at all. In most cases, slots count 100% towards the requirements, meaning every $1 you have wagered on slot games counts as $1. Table games, on the other hand, count not more than 10% to 20%, depending on the casino. Therefore, every $1 you have wagered on these games counts only $0.10 to $0.20. Furthermore, some games are completely excluded and do not count towards the wagering requirements at all.
Types of Casino Bonuses
You may think that “bonus is a bonus” and there is no need to elaborate the subject, but it is crucial to understand different types of the casino bonuses so you can know what to expect in the future.
First of all, there are match bonuses. This is a bonus that follows your deposit and matches it by a certain percentage. For example, if you are offered 100% match bonus up to $2000 this means you will receive $1 for every $1 you have deposited, but the total bonus cannot exceed $2000.
Second, no deposit bonuses are very popular as well. These bonuses are given when you register as a real player and no deposit is required.
Sticky bonuses are the bonuses you cannot withdraw. If you manage to make some wins using the sticky bonus, you will be able to withdraw them, the initial amount of the bonus can be used for playing the games only.
Free money bonuses award you with some free chips regardless of the size of your deposit. For example, if a casino offers $50 free money, you will get your $50 whether your deposit is say $20, $50 or even $100.
Bonuses are a good way to boost your balance and prolong your playing sessions, but they cannot be used as a personal wallet. Every bonus has some wagering requirements attached to it and you will not be able to withdraw the bonus or even the winnings you have made using it, before you fulfil them completely. Moreover, if you are into specific games, read carefully the terms and conditions, since it could happen that you cannot use a particular bonus to play your favourite games.