When you decide to join a new online casino, you will immediately be bombarded with massive, flashing advertisements for welcome bonuses.
Casinos are not simply handing out free money; these bonuses come attached to pages of complex terms and conditions.
Understanding Wagering Requirements
Wagering requirements dictate exactly how many times you must bet the bonus amount before it converts into withdrawable cash.
A massive $1,000 bonus is completely useless if it is tied to an impossibly high 60x rollover requirement.
- Table games like blackjack and roulette often only contribute 10% to the wagering requirement due to their low house edge
- Slot machines almost always contribute 100% towards clearing the rollover, making them the best option for bonus hunting
- Casinos will implement a ‘Maximum Bet Rule’ (usually $5) while a bonus is active to prevent you from clearing it too quickly
Types of Welcome Bonuses
A ‘100% Match up to $500’ means if you deposit $500, the casino gives you another $500 in bonus funds.
Free spins are fantastic for casual players who just want to try the casino out without risking a large initial deposit.
| Wagering Term | Definition | Player Impact |
|---|---|---|
| Bonus Only Rollover | Only the bonus money must be wagered | Highly favorable to the player |
| Deposit + Bonus Rollover | Both amounts are combined and multiplied | Effectively doubles the difficulty of cashing out |
Always spend five minutes reading the fine print before depositing your hard-earned money to claim a massive bonus.
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