Terms and Conditions for Cashing Out Online Casino Bonuses
Published on May 23rd, 2011All casinos offer some sort of a welcome bonus.
And while it is usually a great deal for new customers, there is always more than meets the eye.
Bonus terms and conditions. Here are the most important ones.
For 100% welcome bonuses there is usually a minimum deposit required to qualify. This deposit is usually around $/£/€ 20 - $/£/€ 25.
Casino bonuses are usually Play Bonuses. This means that you can not cash the bonus itself out. You can cash out the winnings you earn by using the bonus, but not the bonus itself.
There is usually a Playthrough Requirement for every bonus. On average this is 20 times. You have to wager the deposit + bonus at least 20 times at a roulette table for example before you can cash out the winnings. For games such as blackjack, texas holdem and video poker this requirement is multiplied by 3, so usually 60 times.
In the terms and conditions it always says that the casino reserves the right to take back the bonus from a player if the player's behaviour on the site seems to be abusive in any way. This rule is usually in place to catch so called 'Bonus Hunters'. Bonus hunters go from casino to casino and play with minimal amounts, minimal amount of time required to cash out, then they cash out and are never to be seen again. This is deemed as abusive behaviour by casinos. And who can blame them. Online casinos are offering very generous bonuses hoping to attract loyal customers. If bonus hunters had their way they would end up hurting the casinos and the average casino player as the welcome bonus amounts would have to be significantly reduced.
This is pretty much it when it comes to bonus terms and conditions.
Every casino is different. It is a good idea to read the small print before commencing any real money play. Casinos have this information readily available on their websites.
Regular players looking to play honestly online have nothing to worry about. Casinos are usually very fair and they value a relationship with their good customers.
We reviewed the roulette bonus offers for our favorite online casinos. Have a look:
Good luck and have fun playing online.
The King