Wagering Bonus Policy

A casino’s wagering bonus policy is a set of rules and guidelines that outline how bonuses and promotional offers are earned, claimed, and used at the casino.
  1. Definition of a wagering bonus: A wagering bonus is a type of promotion offered by a casino that requires players to wager a certain amount of money on games before they can claim the bonus or any winnings derived from it.
  2. Types of wagering bonuses: There are many different types of wagering bonuses that a casino may offer, including welcome bonuses, no-deposit bonuses, match bonuses, and reload bonuses. Each type of bonus has its own set of terms and conditions that must be followed.
  3. Eligibility requirements: Most wagering bonuses have eligibility requirements that players must meet in order to claim them. These requirements may include minimum deposits, minimum wager amounts, and maximum bet sizes.
  4. Claiming a wagering bonus: Players can usually claim a wagering bonus by opting in to the promotion and making a qualifying deposit or wager. Some bonuses may require players to enter a promotional code in order to claim them.
  5. Wagering requirements: Most wagering bonuses come with wagering requirements, which specify the number of times the bonus must be wagered before it can be withdrawn. For example, a bonus with a 20x wagering requirement must be wagered 20 times before it can be withdrawn.
  6. Expiration dates: Many wagering bonuses have expiration dates, after which they can no longer be claimed or used. Players should be aware of these expiration dates and make sure to use the bonus before it expires.
  7. Game restrictions: Some wagering bonuses may only be used on certain games, or they may have different wagering requirements for different games. Players should familiarize themselves with these game restrictions before using the bonus.
  8. Withdrawal restrictions: Some wagering bonuses may have withdrawal restrictions that limit how much of the bonus or winnings derived from it can be withdrawn. Players should be aware of these restrictions before using the bonus.

Definition Of a Wagering Bonus

A wagering bonus is a type of promotion offered by a casino that requires players to wager a certain amount of money on games before they can claim the bonus or any winnings derived from it.

These bonuses are typically offered to new players as an incentive to join the casino, or to existing players as a reward for their loyalty.

The terms and conditions of wagering bonuses vary from one casino to another, but they typically involve a combination of eligibility requirements, wagering requirements, and game restrictions. In order to claim a wagering bonus, players must usually opt in to the promotion and make a qualifying deposit or wager.

The bonus is then typically added to their account and can be used to play a variety of games, subject to the terms and conditions of the promotion.

Types Of Wagering Bonuses

There are several different types of wagering bonuses that a casino may offer to players
  1. Welcome bonus: This is a bonus offered to new players as an incentive to sign up and make a deposit at the casino. Welcome bonuses are often the largest and most generous bonuses offered by a casino, and they may be structured as a match bonus (where the casino matches the player’s deposit up to a certain percentage) or as a no-deposit bonus (where the player receives a bonus without having to make a deposit).
  2.  No-deposit bonus: As the name suggests, a no-deposit bonus is a type of bonus that is awarded to players without requiring them to make a deposit. These bonuses are usually smaller than welcome bonuses, and they may have stricter wagering requirements and game restrictions.
  3. Match bonus: A match bonus is a type of bonus where the casino matches the player’s deposit up to a certain percentage. For example, a 100% match bonus on a $100 deposit would give the player an additional $100 in bonus funds, for a total of $200 to play with.
  4. Reload bonus: A reload bonus is a bonus offered to existing players as an incentive to make additional deposits at the casino. These bonuses are usually smaller than welcome bonuses and may have stricter wagering requirements.
  5.  Free spins: Free spins are a type of bonus that allows players to spin the reels of a slot machine for free a certain number of times. These spins may be awarded as part of a welcome bonus or as a standalone promotion.
  6. Cashback bonus: A cashback bonus is a type of bonus that gives players a percentage of their losses back as a bonus. For example, a 10% cashback bonus on $100 in losses would give the player an additional $10 in bonus funds.
  7. VIP bonus: Some casinos have VIP programs that offer exclusive bonuses and promotions to high-rolling players. These bonuses may include larger match bonuses, higher withdrawal limits, and special perks such as concierge service and priority support.

Eligibility Requirements

Eligibility requirements are the conditions that players must meet in order to qualify for a wagering bonus. These requirements may vary from one casino to another, but they typically include
  1. Age: Players must usually be at least 18 years old (or the legal gambling age in their jurisdiction) in order to claim a wagering bonus.
  2. Location: Some wagering bonuses may only be available to players in certain countries or regions.
  3. Account status: Players must usually have an active and verified account with the casino in order to claim a wagering bonus.
  4. Minimum deposit: Many wagering bonuses require players to make a minimum deposit in order to claim the bonus. The amount of the minimum deposit may vary depending on the promotion.
  5. Minimum wager: Some wagering bonuses may require players to wager a certain amount of money before they can claim the bonus.
  6. Maximum bet: Some wagering bonuses may have maximum bet limits that restrict the amount of money that can be wagered per spin or per game round.
  7. Other restrictions: There may be other restrictions or requirements that players must meet in order to claim a wagering bonus. For example, the bonus may only be available to players who have not claimed a previous bonus, or it may have specific game restrictions that limit the types of games that it can be used on.

Claiming a Wagering Bonus

To claim a wagering bonus, players must usually follow these steps
  1. Meet the eligibility requirements: Players must make sure that they meet all of the eligibility requirements for the bonus, such as age, location, and account status.
  2. Opt in to the promotion: Many wagering bonuses require players to opt in to the promotion in order to claim it. This may involve entering a promotional code, clicking a button on the casino’s website, or contacting customer support.
  3. Make a qualifying deposit or wager: Most wagering bonuses require players to make a qualifying deposit or wager in order to claim the bonus. The amount of the deposit or wager may vary depending on the promotion.
  4. Wait for the bonus to be credited: After making the qualifying deposit or wager, players should wait for the bonus to be credited to their account. This may take a few minutes or up to a few hours, depending on the casino.
  5. Read and understand the terms and conditions: Players should carefully read and understand the terms and conditions of the wagering bonus before using it. These terms will outline the wagering requirements, game restrictions, and any other important details about the bonus.
  6. Use the bonus to play games: Once the bonus has been credited to the player’s account, it can be used to play a variety of games at the casino, subject to the terms and conditions of the promotion.
  7. Meet the wagering requirements: In order to withdraw any winnings derived from the wagering bonus, players must usually meet the wagering requirements, which specify the number of times the bonus must be wagered before it can be withdrawn.
  8. Withdraw the winnings: Once the wagering requirements have been met, players can request a withdrawal of their winnings. The casino may have withdrawal limits or other restrictions in place that limit the amount that can be withdrawn at one time.

Wagering Requirements

Wagering requirements are the number of times that a player must wager a wagering bonus before they can withdraw any winnings derived from it. For example, a bonus with a 20x wagering requirement must be wagered 20 times before it can be withdrawn.

Wagering requirements are usually expressed as a multiple of the bonus amount (e.g. 20x) or as a multiple of the bonus plus the deposit amount (e.g. 20x the deposit + bonus). The wagering requirement may also be expressed as a percentage (e.g. 50%).

Different games may contribute differently to the wagering requirement. For example, a casino may require that slots contribute 100% towards the wagering requirement, while table games only contribute 50%. This means that if a player wagers $100 on slots, it will count as $100 towards the wagering requirement, but if they wager $100 on table games, it will only count as $50.

Players should be aware that any winnings derived from a wagering bonus are usually considered bonus money until the wagering requirement has been met. This means that the winnings cannot be withdrawn until the wagering requirement has been completed. Players should also be aware of any expiration dates or time limits on the wagering requirement, as the bonus and any associated winnings may expire if the requirement is not met within the allotted time.

Expiration Dates

An expiration date is the date after which a wagering bonus can no longer be claimed or used. Many wagering bonuses have expiration dates, which may be specified in the terms and conditions of the promotion.

Players should be aware of the expiration dates of any wagering bonuses that they claim, and make sure to use the bonus before it expires. If a player attempts to use a bonus after it has expired, the casino may refuse to honor the bonus or any winnings derived from it.

Expiration dates may be specified in different ways, such as a specific date (e.g. January 1, 2023) or a number of days after the bonus is claimed (e.g. 14 days). Some promotions may also have expiration dates that are linked to the player’s account activity, such as a bonus that expires if the player has not made a deposit or placed a wager within a certain period of time.

Players should carefully read the terms and conditions of a wagering bonus to understand its expiration date and any associated restrictions. It is important to use the bonus before it expires in order to take advantage of the promotion and maximize the chances of winning.

Game Restrictions

Game restrictions are the limitations on which games a player can use a wagering bonus on. These restrictions may vary from one casino to another, and they may depend on the type of bonus and the terms and conditions of the promotion.

Some wagering bonuses may only be used on certain games or categories of games, such as slots, table games, or live dealer games. Other bonuses may have more restrictive game restrictions that limit the bonus to a specific game or group of games.

In addition to game restrictions, some wagering bonuses may have different wagering requirements for different games. For example, a bonus may have a 20x wagering requirement for slots and a 50x wagering requirement for table games. This means that the player must wager the bonus 20 times on slots or 50 times on table games in order to meet the wagering requirement and withdraw any winnings.

Players should be aware of game restrictions and wagering requirements when using a wagering bonus, and make sure to use the bonus on eligible games in order to meet the wagering requirement and maximize their chances of winning.

Withdrawal restrictions

Withdrawal restrictions are the limitations on the amount of money that a player can withdraw from their account after claiming a wagering bonus. These restrictions may be imposed by the casino in order to protect against bonus abuse and ensure that players meet the wagering requirements of the bonus before withdrawing their winnings. There are several types of withdrawal restrictions that a casino may impose
  1.  Maximum withdrawal limit: This is the maximum amount of money that a player can withdraw from their account after claiming a wagering bonus. This limit may be a fixed amount (e.g. $100) or a percentage of the bonus amount (e.g. 100% of the bonus).
  2. Minimum withdrawal limit: Some casinos may have a minimum withdrawal limit that players must meet before they can request a withdrawal. This limit may be a fixed amount (e.g. $50) or a percentage of the bonus amount (e.g. 50% of the bonus).
  3. Withdrawal restrictions on bonus winnings: Some wagering bonuses may have restrictions on the amount of bonus winnings that can be withdrawn. For example, a bonus may have a maximum withdrawal limit of $100 on bonus winnings, even if the player has won more than that amount.
  4. Withdrawal restrictions on the bonus itself: Some wagering bonuses may have restrictions on the amount of the bonus that can be withdrawn. For example, a bonus may be non-withdrawable, meaning that the player can only withdraw any winnings derived from the bonus and not the bonus itself.

Players should be aware of any withdrawal restrictions that apply to a wagering bonus, and make sure to meet the requirements before requesting a withdrawal. It is important to read and understand the terms and conditions of the bonus to avoid any misunderstandings or disappointments.