Bonus Terms For Live Dealer Bonuses
To fully benefit from a live casino bonus, you must understand how bonus terms work and how they affect your chances of winning real money. Read on to learn about the most important bonus terms.
All casino bonuses have wagering requirements, meaning that you must play through your bonus several times to convert it to real money.
Wagering requirements usually range from 30 to 70 times your bonus, and the higher a wagering requirement is, the harder it is to complete.
Once you have completed the wagering requirement, any remaining bonus funds are transferred to your cash balance, from where they can be withdrawn. You can always see how much you have left to wager in your account settings.
Some casinos apply wagering requirements to both your bonus and its qualifying deposit, meaning you must wager a considerably larger sum to convert your bonus to real cash.
When looking for match bonuses, you should try and pick bonuses that do not require you to wager your deposit.
Moreover, you should also check that the wagering requirement is reasonable.
Here is a chart that helps you determine if a casino’s wagering requirement is reasonable:
- 30x – 35x – Low.
- 35x to 45x – Industry standard.
- 45x – 50x – Quite high.
- 60x – 70X – High.
- 80X – Very high.
Bet Size Limits
Most online casinos do not allow you to stake more than R70 per spin or hand when playing with bonus credits.
Casinos have bet limits to lessen your chances of hitting big wins that can clear your wagering requirement and leave you with substantial winnings that you can withdraw.
For example, if you played a R300 spin and hit the 500x win multiplier in Starburst, you would win a staggering R150,000. However, if you were limited to playing R70 per spin, that same multiplier would at most yield a R35,000 win.
Game Weighting Percentages
Casino games do not contribute to your wagering requirement equally.
You can find charts of game weighting percentages in the casino’s bonus terms. These percentages specify how much of every hand or spin contributes to your wagering requirement in a particular game.
If a game is 30% weighted, it means that R30 is deducted from your wagering requirement when you play a R100 spin or hand.
Online slots are generally 100% weighted, meaning that your entire stake counts towards your wagering requirement. However, game weighting percentages for live dealer games range from 1% to 30%, depending on which casino you play with.
Here is an example of game weighting percentages as shown in Spinit Casino’s terms and conditions:
- Video Slots and other games – 100%
- All games under the category classic slots- 75%
- All Table games – 10%
- All Blackjack games – 5%