Online casino bonus is a promotional offer that allows players to try out a new site or game with free credits. These can be credited to player accounts as part of a welcome package, reload bonuses or loyalty offers and are typically tied to specific wagering requirements. These terms and conditions are usually clearly stated in the terms and conditions section of the website. Nevertheless, the amount that is required to ‘unlock’ this bonus money is often far more than what it would be worth if it were cash.
It is therefore important for players to take the time to understand these terms and conditions in order to maximize their value. A good way to do this is by using an online casino bonus calculator. This tool will help you calculate the amount of wagering required to turn your casino bonus into withdrawable funds. This will also help you determine if a bonus is actually worth taking.
In general, the larger the casino bonus, the higher the wagering requirement will be. However, there are also other factors that can affect this including house edge and variance. This means that even a small casino bonus may be profitable for you if you play it correctly.
Another factor to consider is how long you have been playing at the casino in question. A casino that has been in business for a while is more likely to have fair terms and conditions than one that is just starting out.
The most common types of casino bonus are deposit match bonuses and no-deposit bonuses. The former is given to players who make a first deposit at an online casino and can be a great way to maximise the value of your initial investment. The latter is usually offered to new players and is a great way to test out the games without risking your own money.
These bonus offers are often capped with specific wagering requirements and maximum withdrawal limits. This is to prevent players from abusing the promotions by repeatedly signing up at a casino and using different email addresses or names in an attempt to claim multiple welcome bonuses. This practice can be considered bonus abuse and could result in the forfeiture of any winnings associated with the casino bonus.
While there are some casinos that do not have wagering requirements, the majority of them do. This makes it important for players to use a casino bonus calculator when choosing their next gaming destination. Moreover, it is vital for players to keep track of their wagering activity so that they can avoid breaching any bonus terms and conditions.
This is a free online casino bonus calculator that will allow you to calculate the amount of money you need to bet to meet a particular casino’s bonus playthrough requirements. It will also allow you to see how different games contribute to a casino’s bonus playthrough requirement. This free tool can be extremely useful for players who want to know what wagering requirements are before they sign up for an account at a casino.