Gambling companies are always willing to offer us great prizes and resources so that we can spend even more time enjoying the games. Bonuses are the perfect example of this practice and for that reason are highly sought after. However, when placing your bet with it there are certain restrictions and limitations imposed by each casino.
Bonuses are offered to increase customer enjoyment, but it is also a marketing strategy to attract new players. No company wants to lose money, so casinos reserve the right to control how benefits are used even before the player can redeem them.
Bonus Betting Requirements
Withdrawal Time
Casinos set a deadline for accessing the prize and for using the Bonus. While some sites will give you about a week, others will extend the time to 30 days and that’s why it’s so important to read the terms before playing with that credit.
Cashout Limit
This means that your prize withdrawal is subject to a capped amount. Let’s say the limit is set to €4,000 and you earn €5,000, that means the company confiscates €1,000.
Game Contribution
Few companies offer a 100% contribution on all games. This means, in practice, that we will have to bet with a lot more money on some games than on others to be able to withdraw the bonus. Usually slots contribute 100%, while table games or live games contribute 30% or less. Therefore, reading the terms prevents us from making a wrong choice.
What are the Top Bonuses for Casino Bets
Want to know how bonuses for wagers are awarded? See below how the casinos promotions are and what are the main features of each one.
- Welcome Bonus: this is the most common sought after prize at casinos, offered right after the entire deposit. Usually the casino offers double credit on your deposit.
- Deposit Bonus: This is a bonus that motivates us to make more payments at casinos. Usually a percentage of the deposited amount is defined by the casino.
- No deposit bonus: you can also find a bonus welcome the online casino no deposit , where the customer makes the registration and receive a value to spend in the casino. It’s a great way to get to know the website before putting in real money.
- Free Spins: A very engaging way to attract customers is through free spins on selected slots. Betting with free spins is also subject to terms for withdrawal to be possible.
- Loyalty: the more we play, the more loyalty points you receive. They can be redeemed for special deposit conditions or other facilities, including cash prizes.
Final considerations
As tempting as a bonus may sound, it’s important to review the terms and conditions associated with it and make sure you understand all the details before accepting the benefit. While some of these awards are designed to give you more chances to win, some companies may make it harder for you to access the rewards.
The truth is that regardless of the bonus, wagering requirements help us to identify the quality of the prize. The higher the requirement, the lower our chances of withdrawing. Precisely to avoid falling into such traps, we need to know the terms.