Online Casino Bonuses & Wagering Requirements Explained

February 20, 2014

An online casino bonus or online casino promotion is a special offer which is available for both new and existing players and these great deals can be found at 99.9% of today’s fully licensed online casinos. The majority of these bonuses come with wagering requirements, which are also known as playthrough requirements. Let’s take a look at how this works.

If you are being offered a 100% matching deposit bonus worth up to AU$500, it means that the casino operator will double your deposit up to the value of AU$500, so if you can afford to deposit the full AU$500, you would end up with a total of AU$1000 to play with. This is one of the most common types of casino bonuses available online today.

You couldn’t then simply withdraw that bonus cash, you would have to wager X amount of cash in the casino before any potential winnings could be withdrawn. The wagering/playthrough requirements are different with each bonus, so you would need to read through the bonus Terms and Conditions prior to accepting any of these promotional offers.

If the 100% matching deposit bonus comes with a 20x times wagering requirement and you deposited just AU$20, it means that you would have to wager a total of AU$400 (20x AU$20) before any of the bonus cash could be withdrawn. Many online casinos will also require you to wager the bonus amount as well, so in this case, you would need to wager AU$420 instead of AU$400.

If you are unable to find this wagering requirement information anywhere when accepting the bonus, you could always contact the casino’s customer support and they should be happy to help you. You can generally find out how much money you have left to wager before the bonus funds can be cashed out by looking in your Account Section or in the Cashier Section. Again, if you can’t seem to find this info anywhere, just get in touch with the support.

Also remember that you generally have a certain time limit which you must complete these wagering requirements by, which could be one week, one month or even one year. Make sure you find out how long you have so that you don’t miss out on any of your bonus cash. The main types of online casino bonuses that Australian players can take advantage of today include No Deposit Bonuses, Deposit Bonuses, Free Spins Bonuses, Cash Back Bonuses, Refer-a-Friend Bonuses and Anniversary Bonuses.