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Casino Bonus Wagering Explained

As players already know very well, bonuses are not free money that can be withdrawn at will. In fact, casinos give away bonuses to encourage players to wager real money on its games. Players can withdraw their bonus amounts and winnings if any only after satisfying the wagering requirements of the bonus offer.

Sometimes, bonus offers look attractive, but their wagering requirements are hard to meet. We have carefully handpicked bonus offers that are not only large, but also easy to clear. Each casino in our list offers bonuses that are incredibly easy to clear.

 

How to Know the Bonus Terms

All reputed casinos list out bonus terms and conditions on their bonus page. Players just have to click on “Terms and Conditions” link in order to understand the terms and conditions of the bonus offer. If a casino presents only the bonus offer without any terms and conditions, that casino cannot be trusted.

All bonus offers are associated with terms and conditions, which players must read and understand before making a claim.

Bonus Wagering Definitions

Wagering Multiple: The wagering multiple is the number of times the bonus or the bonus plus deposit amount must be wagered in order to clear a bonus and request payout.

Applicable Base Value: This can be only the bonus amount or the bonus plus deposit amount that must be played through a certain number of times to clear a bonus.

Wagering Target: The wagering target is the exact amount of money a player needs to wager in order to clear his/her bonus. It is calculated by multiplying the wagering multiple with the applicable base value.

Game Eligibility: All the games in the casino’s portfolio cannot help clear a player’s bonus. While some contribute fully towards clearing a bonus, others contribute only in part.

Early Withdrawal Penalty: Players who try to withdraw funds without first clearing the bonus will have to forfeit their bonus amounts.

Ineligible Game Penalty: Players will have to forfeit their bonuses if they wager most of their bonus on ineligible games.

Zero Risk Wagering: Players who accept a bonus will forfeit their bonus if they do any zero risk wagering.

Example #1: All Slots Casino

All Slots Casino offers a bonus of up to $500, spread over players’ first four deposits. This means that players can claim a 100% up to $200 first deposit bonus, a 25% up to $100 second deposit bonus, a 50% up to $100 third deposit bonus, and a 25% up to $100 fourth deposit bonus.

According to the terms and conditions page, players need to claim their second, third, and fourth bonuses within seven days of accepting the first one. Slots and parlor games contribute 100% to satisfying the wagering requirements while certain table games, blackjack games, and video poker games contribute 8%, and the other games contribute only 0%.

This bonus follows the ClearPlay Bonus System, which divides a player’s account into a bonus balance and a cash balance. Players have to play through their bonus amount thirty times before requesting payout. The bonus is transferred to player’s cash balance in increments of $10 as and when they meet their wagering requirements. Funds in the cash balance can be withdrawn at will, but players have to play through their deposit amounts at least once before making a withdrawal.

Example #2: Guts Casino

Guts Casino offers a welcome bonus package of up to £300 on players’ first four deposits. Once players have claimed their bonus, their deposit amount, bonus amount, and winnings will be locked up till they meet the wagering requirement of x35. Only certain slots contribute 100% to clearing the bonus. The bonus needs to be cleared within 30 days, but players cannot bet more than €7.50 at a time till the bonus is cleared. Players can withdraw funds whenever they wish, but if they withdraw before clearing the bonus, they will lose their pending bonus amounts plus any amount won.

Example #3: Winner Casino

Winner Casino offers a welcome bonus of 200% up to $350 on players’ first deposit bonuses. Players need to wager their bonus plus deposit amounts 35 times within a month to clear their bonuses. Casino games have different contribution percentages towards bonus clearance.

For example, if players deposit $50, they will receive a bonus of $100 and will have to wager $5,250 in order to clear their bonus amounts. This is a sticky bonus that cannot be withdrawn; only the winnings can be withdrawn. If players request payout before satisfying the wagering requirement, they will forfeit whatever is left of their bonus and also their winnings.