Terms And Conditions For Casino Match Deposit Bonuses
Before you sign up with a casino and claim its match deposit bonus, you must be familiar with its bonus terms. Read on to learn about common bonus terms and learn how they work.
Almost all casino match bonuses have wagering requirements.
Depending on the casino, you will have to play through the value of your bonus between 30 and 70 times. The higher the wagering requirement is, the harder it is to convert the bonus to real money.
For example, Casino.com offers a 100% bonus with a 40x wagering requirement.
If you deposit R1,500 and receive a R1,500 bonus, your bonus will be converted to real money when you have staked R60,000.
R1,500 bonus x a 40x wagering requirement = R60,000 to wager.
You can track your wagering requirement in your account settings, and once you complete it, the funds in your bonus balance are transferred to your cash balance, from where you can withdraw them.
Minimum deposit: Free
Date Added: 17 Nov 2021Bonus Code: Not Required
Some casinos apply wagering requirements to both your bonus and its qualifying deposit, making it much harder for you to wager your bonus.
For example, if you deposit R1,500 to claim Fun Casino‘s 100% welcome bonus, the wagering requirement will look as follows:
R1,500 bonus + R1,500 qualifying deposit = R3,000 x a 50x wagering requirement = R150,000 to wager.
Minimum deposit: €10
Date Added: 18 Oct 2021Bonus Code: Not Required
When searching for match deposit bonuses, you should try to pick bonuses that only have a wagering requirement applied to the bonus sum.
You should also check that the wagering is reasonable in the first place. Here is a chart that will help you out:
- 20x – Exceptionally low
- 30x – Low
- 34x – 45X – Industry standard
- 50x – Quite high
- 60x – High
- 70X – Very high
Before you start wagering your bonus, you must be aware that casino games do not contribute equally to your wagering requirement.
In a casino’s bonus terms, you can find charts of game weighting percentages that specify how much of every hand or spin contributes to your bonus wagering process in a particular game.
If a game is 20% weighted, it means that R20 is deducted from your wagering requirement when you play R100 hand or spin.
Most slots are 100% weighted, meaning that your entire stake counts towards your wagering requirement.
Table games, video poker games and live dealer games range from 1% to 30%, which is why you should always check a casino’s game weighting percentages if you wish to wager a bonus on these games.
Here is an example of game weighting percentages taken from Spinit Casino’s bonus terms:
- Video Slots and other games – 100%
- All games under the category “classic slots”- 75%
- All Table games – 10%
- All Blackjack games – 5%
Bet Size Limits
Most online casinos do not allow you to stake more than R70 per spin or hand when playing with bonus money.
Casinos implement such limits to reduce your chances of hitting a massive win that allows you to clear your wagering requirement and cash out substantial winnings.
For example, if you played a R420 spin and hit the 500x win multiplier in Starburst, you would bag a whopping R210,000. However, if you were limited to staking R70 per spin, that same multiplier would only yield a R35,000 win.
All casinos exclude certain games from bonus wagering.
Generally, they exclude games with high volatility and RTP percentages, which in a nutshell means you cannot play slots that payout frequently and have high win multipliers.
However, as some casinos exclude many more games than others, you should always check the excluded games before claiming a bonus.