How Long Do You Need to Play to Withdraw a Casino Bonus?
We’ve all seen the bonus offers that casinos advertise. 20 free spins on registering or bonus credits for making your first deposit.
What you might not know is that these bonuses are actually tied up to a number of bonus conditions. This means you need to fulfil certain requirements in order to be eligible to withdraw any winnings that were gained using bonus funds or bonus spins.
You might think that a lot of these bonus offers look too good to be true, and unfortunately, you would be correct. Often, fulfiling these requirements can take a very long time and can lead to you spending an incredible amount of money.
Some of the most common terms are wagering requirements. These requirements are usually represented numerically.
For example, you might get a 30x wagering requirement. According to CasinoGuide UK
, under this requirement, you would have to bet 30 times the amount you have been gifted by using your own money. Once you have done this, you will be eligible to withdraw any funds that have been won using your cash bonus.
So how long does it generally take to meet these requirements? It’s difficult to say, as it depends a lot on how much you are betting. If you are a high roller who enjoys playing high stakes games, you might be able to meet the requirement quite quickly. On the other hand, if you are someone who only likes to bet small amounts, it could take you a very long time to qualify for withdrawing your winnings.
Always read the terms
When dealing with these kinds of bonus offers, it’s essential that you read the terms and conditions very carefully. Failing to do so could lead to you forfeiting your bonus based on a technicality. For instance, for some bonus offers, you can only contribute towards your wagering requirement by playing certain games.
There might also be a time limit associated with your offer. If you don’t meet the wagering requirements before the time runs out, you won’t be able to claim your bonus winnings.
Before you use any bonus offer, it is absolutely imperative that you read the terms and conditions carefully. Casinos don’t really want to pay out, so don’t expect the requirements to be all that clear. In fact, many online casinos have found themselves in trouble for not displaying their terms and conditions prominently enough.
Bonus offers crackdown
In 2017, the UK Gambling Commission started to crack down on a lot of these bonus offers by tightening up casino bonus regulations
. They believed there were many problems with these offers that made things unfair to the players.
For example, on many casino sites, the terms and conditions for bonus offers were very difficult to find. While the favourable terms of the offer (such as how much bonus money you were going to get) were very prominently displayed, the actual terms and conditions were often hidden away on pages that were very difficult to locate.
On some sites, there were often a lot of restrictions, such as what games will contribute to your bonus. But these terms were not always made very clear to the players. Sometimes, players could do everything right and still lose. Many bonus offers were not honoured, despite players meeting all of the requirements.
The UK Gambling Commission threatened hefty fines for any casino operators who continued to act unscrupulously with their bonus offers. In response to this crackdown, many casino operators have changed the way their bonus offers work in order to make them fairer to the players and to make them more in line with the expectations of the UK Gambling Commission.
Fewer bonus offers
While some operators have improved their bonus offers in response to the crackdown, many have chosen to do away with their bonus offers altogether. If you’ve noticed fewer bonus offers out there on casino pages, it’s not just your imagination. There really has been a decrease because of the recent crackdown.
These days, you should find that bonus offers are a bit easier to understand, as any operator that deliberately obscures the terms and conditions will likely be fined. Be careful, as this doesn’t mean you can’t still lose out on a bonus offer. Always make sure you read the terms and conditions carefully.