Casino bonus jargon can be confusing at first, and even veteran players may not understand some of the terms used in casino bonus offers. One of the most common jargons surrounding casino bonuses is “wagering requirements” or “playthrough requirements.” This refers to how many times you must play through your deposit or winnings from a bonus before being able to withdraw any funds. For example, if there is a 10x playthrough requirement on a $100 deposit, then you would have to wager (or play through) $1,000 before being able to withdraw any winnings from your account.
Another term that is commonly used is “maximum cashout.” This refers to how much money you can withdraw from your account after meeting all the wagering requirements for a particular bonus. Some casinos may limit how much money you can withdraw even after meeting all their wagering requirements, so it all depends on the policy of the casino.
Exploring the different variations of no-deposit bonuses
No-deposit bonuses are a great way to get started with online gambling without having to risk any of your own money. These bonuses come in many different forms, from free spins on slot games to bonus cash that can be used for table games and more.
One type of no-deposit bonus is a free spin bonus, which gives players a certain number of free spins on casino games. This bonus usually has wagering requirements attached, meaning you must play through the winnings before the winnings can be withdrawn. Another variation is a cashback bonus, which gives players back some or all of their losses over a certain period of time.
Then there are also no-deposit welcome bonuses that give new players an amount of bonus cash when they sign up for an account at an online casino. These types of bonuses usually have higher wagering requirements than other types and may require players to make a minimum deposit before they can withdraw any winnings from their accounts.
What are the differences between sticky, phantom, and non-cashable bonuses?
Sticky bonuses are bonuses that cannot be withdrawn, but can be used to place bets. Phantom bonuses are bonus funds that are credited to your account, but do not appear in your balance.
Non-cashable bonuses are bonus funds that you can use to place bets, but cannot withdraw. Sticky bonuses usually have higher wagering requirements than non-cashable or phantom bonuses. Phantom and non-cashable bonuses may also have different terms and conditions attached to them, such as maximum winnings or time limits for using the bonus funds.
What’s the purpose of wagering requirements?
A wagering requirement is a condition that online casinos and other gambling websites put on their bonuses and promotions. It requires players to bet a certain amount of money before they can withdraw any winnings earned from using the bonus or promotion. Wagering requirements are designed to protect online casinos from players who may try to abuse their bonuses and promotions by withdrawing them without actually playing any games.