Online casino bonuses are a great way for gamblers to boost their bankroll and extend their gaming session. However, these promotions are not as straightforward as they appear—coupled with complicated terms and conditions.
Singapore betting sites set terms and conditions for casino bonuses to define how they can be used, and these can vary from one bonus to another. Thus, constantly checking the terms and conditions before accepting any bonus promotion is imperative.
Below are some of the key terms and conditions gamblers should look out for before accepting any casino bonus offer:
Wagering Requirements
One of the most basic components of casino bonus terms and conditions is the wagering requirements. These specify how much gamblers need to stake and the frequency of placing wagers before they can withdraw any winnings.
For instance, if player C is awarded a $200 bonus with a 10x wagering requirement, they need to place bets totalling $2,000 to be able to make a withdrawal.
Bettors must also note that there are restrictions or other conditions in clearing the wagering requirement for some casino bonuses. This includes the minimum wagering requirements and the period for completing the wagering requirement.
In clearing wagering requirements, bettors must also note that only fully completed bets—those that result in a win, loss, or tie—will be counted. Conversely, bets which fail under certain circumstances, such as technical issues that can impact a bettor’s ability to play a game or a game’s ability to complete an action, shall be tagged as incomplete bets and will not be counted toward the wagering requirements.
Wagering Contribution
Another casino bonus term and condition casino gamblers need to be aware of is wagering contributions.
Not all games contribute equally toward the wagering requirements. In addition, there are certain games that attract lower contributions.
Casino operators assign different percentages to various game types. Slot machine Singapore and RNG games have a 100% contribution rate, meaning every bet a gambler place on a slot game counts in full towards the requirements. However, table games and live dealer titles may have lower contribution rates, typically about 10% or even less.
Hence, it is paramount for bettors to read the promotional terms and conditions that apply to a casino bonus prior to accepting it. This will allow them to understand which games are eligible and how much they contribute to the wagering requirements.
Game Weightings & Restrictions
In addition to wagering contributions, some casino bonus promotions impose game weightings and restrictions. Certain games in the online casino’s game directory may be excluded on some bonus promotions altogether. This means that bets placed on such games will not contribute to the wagering requirements.
For example, progressive jackpot slots or live dealer titles may not be eligible. Moreover, some bonuses may also impose limits on the maximum bet bettors can place per spin or round while using the bonus funds. These restrictions aim to prevent players from abusing the bonus promotion system and ensure fair gameplay.
Bonus Expiry
Most casino bonuses come with an expiration date. This means gamblers must fulfill the wagering requirements and use the bonus within a specified timeframe. The expiration period for various casino bonus promotions can vary, ranging from a few days to several weeks.
If gamblers are unable to complete the wagering requirements within the set time limit, the bonus and any associated winnings will be forfeited.
Cash or Play Bonus
There are two main types of online casino bonuses: cash bonuses and play bonuses—and the fundamental distinction between the two is the difference in the overall value gamblers will receive in each type of promotion.
In cash bonuses, gamblers can withdraw their winnings and bonus funds once they have met the wagering requirements. So, for example, if player A got a $150 bonus and lost $100 before meeting the wagering requirements, they would still be able to withdraw their initial deposit fund plus the remaining $50 of their bonus. This means they can still profit even if they lose money when playing.
In contrast, in play bonuses are non-withdrawable and are only used to play games for free but never leveraged to make a profit. These non-cashable bonuses are usually deducted from a gambler’s balance if they try to withdraw.
For instance, player B is awarded $150 as a matched, play bonus with a $150 deposit, and they played for a while and are left with $250 of the total $300. If player B withdraws his funds, the casino will remove the $150 bonus, leaving them with only $100.
Maximum Winnings
Casino operators usually place a maximum winnings cap on some of their bonuses to protect their business and profits. This usually means players can only withdraw a predetermined amount, and any winnings exceeding the limit will be forfeited.
Bonuses with lower wagering requirements or more generous offers are the ones that are likely to have certain restrictions on the amount that can be won and withdrawn.
Conclusion
Understanding the terms and conditions of online casino bonuses is essential for any player looking to make the most of these offers.
Gamblers should familiarise themselves with concepts like wagering requirements, wagering contribution, bonus expiry, game weightings and restrictions, cash or play bonuses, and maximum winnings to navigate the casino gaming industry more confidently.
Always read the fine print and ensure compliance with the terms to maximise your chances of enjoying a rewarding and fair gaming experience.
Get the best casino bonuses at 88ProBet, the trusted online casino platform in Singapore and Malaysia. You can enjoy using bonuses on a wide range of casino game variations as you register for an account here!
