How to Understand Bonus Terms and Conditions
Bonuses and promotions are offered up by crypto casinos to attract new players and keep existing ones happy. For anyone new to the world of online casinos, the range and styles of bonuses can be pretty overwhelming.
On top of this, each player needs to understand the terms and conditions that are attached to each online casino bonus out there.
Are You Up to Speed?
Not being up to speed on the terms of any offer you claim is a sure-fire way to end up disappointed. Many players get tripped up by bonus terms but, with a little bit of help, you can avoid these issues.
On this page we’ll run you through the most common types of casino bonuses you’ll encounter and the terms and conditions jargon which is attached to them.
Different Types of Casino Bonuses
Before we get deep into the terminology of bonus offers, it’s important to understand the differences between the bonuses that crypto casinos offer to their players. From free spins to bonus cash, casinos use everything in their arsenal to attract new players and keep existing ones coming back for more.
Here are the main types of bonuses offered by online casinos which you’ll encounter:
Casino Deposit Bonus
A casino deposit bonus is triggered once a player has verified their account and made a deposit. Using this type of casino bonus, players can claim a reward when they make a deposit which they would do anyway.
Free Spins or Cash
A casino deposit bonus might come in the form of free spins or the casino matching the player’s deposit amount up to a set percentage. For example, the offer might state 100% up to 1.00 BCH, so if the player deposits the full 1.00 BCH they get an additional 1.00 BCH from the casino as bonus funds.
If we are looking at a specific example, Cloudbet will give new players a 100% bonus up to as much as 5 BTC. Some casinos mix in both a monetary bonus as well as Free Spins in their deposit bonuses but not all. The reason why some don’t is because the bonus itself is normally higher.
Before making a deposit in order to get a specific bonus, keep in mind that there will be a minimum deposit that you need to meet in order to get the bonus.
Make sure you meet this criteria or you will miss out on the bonus. In the Cloudbet example above, the minimum deposit is 0.001 BTC.
No Deposit Bonus
In contrast to a casino deposit bonus, a no deposit bonus does not require the player to make any form of a deposit to claim it and who doesn’t want a freebee, right?
It can come as either bonus cash or free spins. For this reason, it’s a very popular bonus which is often used by casinos to get new players to sign up with them.
From the players perspective, they can happily use a no deposit bonus to try out a new online casino without risking any of their own funds. However, just be aware that some wagering requirements might apply to the bonus.
When it comes to no deposit bonuses, I think it’s hard to find a casino that does it better than BitDice. All they ask players to do is to sign up and in return, you will get as many as 100 Free Spins!
Let me say that again. Register as a BitDice player and get 100 Free Spins without even having to make a single deposit!
The Terms and Conditions for the 100 Free Spins are as follows:
- One spin is worth 0.01 mBTC ($0.10)
- The Free Spins are valid for 14 days
- Winnings made from Bonus Free Spins are credited to bonus balance
- Wagering requirement is 25x of the funds won
- Only bets made using deposited funds count towards the wagering requirement
A lot of crypto casino players love free spins because they give them an opportunity to play slots without dipping into their precious bankroll. Free spins can feature in both welcome offers and promotions to existing casino players.
The amount and method in which they are given will vary from one casino to the next. Sometimes it’s a single dollop of free spin goodness whilst in other offers they might be dripped out to players a few at a time over several days.
1) Winz.io – One of the casinos that focuses strictly on Free Spins in the Welcome Offer is Winz.io. Considering you can get as many as 300 of them plus the fact that they come with zero wagering requirements, it’s definitely worth considering.
In the image above you can see your options as a new player at Winz.io:
2) BitStarz – If you are looking for both a monetary bonus as well as Free Spins, there are few better options than BitStarz.
At BitStarz, you can look forward to a Welcome Offer as big as 5 BTC + 180 Free Spins with a wagering requirement of a pretty standard 40x. With our exclusive offer, you will get another 30 Free Spins just for signing your name!
3) Fortune Jack – There’s more Free Spins waiting to be picked up and with minimum effort. Use our link to register and Bonus Code: GAMBLE150 as a new player and get 150 No Wager Free Spins upon registration at Fortune Jack and verifying their account.
That’s 50 additional spins than other players receive who don’t use our link.
Most of the time once you’ve used up your funds at a crypto casino, that’s it. But thanks to the advent of cashback offers, players can claw back some of their gaming losses.
Players will receive a set percentage of their total wagering losses back as bonus cash which they can then play with.
The exact percentage given back to players and the timescale is determined by each individual casino. However, the basic mechanics of any cashback bonus will usually work in the same way.
1) King Billy – It’s clear that cashbacks have become a popular method among casinos and as a player, it’s a nice compensation if you’ve had a bad run.
King Billy offers up to a 15% Cashback every Thursday. You do need to be part of the VIP program and the exact percentage you will get back depends on your VIP level.
On Thursdays, if you have lost more than €500 between the previous Thursday up until Wednesday at 23:59 UTC, you are eligible.
2) Fortune Jack – If you want a piece of the Cashback action at Fortune Jack, you need to pay attention to the 3-step process:
45% in Cashback
That’s right, if you play your cards right you can get as much as 45% in Cashback. It’s a bit more complicated than some of the others but it’s to be expected.
3) Kosmonaut Casino – Kosmonaut offers up to 21% Cashback but keep in mind that the total amount of received Cashback, cannot exceed 21% of the total amount of all your deposits.
There are a couple of parameters you need to meet if you want the 21% as well as 11%. To get the 11%, the minimum deposit has to be between 0,00049 BTC to 0,012 BTC. After that there are different levels for every additional % until you reach the max 21% if you deposit 0.12 BTC or the equivalent in another currency.
Your wagering requirement for a Cashback bonus is 3x.
4) Wild Tornado – Sundays is the day for Cashback at Wild Tornado and even though it is not necessarily as high as some of the other casinos, it’s still money coming back.
Your Cashback is counted as the % of the amount according to the formula: bets-wins. To activate the bonus, your minimal loss has to be €100 and the maximum Cashback is €1,000.
For players who are looking for longer-term benefits, loyalty programs or VIP schemes are the way to go. The exact set up of each program can differ from one casino to the next but the basic idea remains the same.
If you show the casino some loyalty as a player, then you’ll get rewarded with any possible combination of the above types of casino bonuses and much more.
Some loyalty programs feature different levels or tiers for players to advance through. This gamification is designed to encourage players to stick with a specific casino brand and achieve ever bigger rewards and bonuses.
High rolling players will often be allocated their own casino account manager and might even be offered exclusive rewards such as all expenses paid trips to exotic destinations worldwide.
1) BitStarz – Being a VIP anywhere can both be fun and beneficial. BitStarz for example has a VIP program called the VIP Starz Club.
If you are a part of it, some of the benefits you can look forward to are:
- Customized Bonus Plan
- Be First to Try New Games
- Better Bonuses
- Dedicated VIP Manager
- Unrestricted Fast Cashouts
2) mBit Casino – If you consider yourself an explorer, mBit invites you to “Conquer Our Universe”, which is what their Loyalty Program is all about.
When you earn points as you play, you will be able to advance through levels and conquer one planet after another. Each level offers a certain number of perks. Your journey will take you from Earth, all the way to the Moon, which is level 10.
Just to give you an example. Let’s say you make it to planet Zeal IV, which is level 4. This means you will get:
- Planet Bonus – 50 USDT
- Free Spins on Level Up – 50
- Weekly Free Spins – 50
- Daily Cashback – 2.5%
- Weekly Reload – 30%
- Bitty Coins – Up to 40
Check Out the Full Program
Obviously these perks get better and better the higher up you go. You can see the entire loyalty program on the mBit site but if you want a quick look at the benefits, you can see it in the image above.
3) Fortune Jack – Loyalty Garage is an interesting name for a loyalty program but that’s what Fortune Jack decided on and it’s a different look, so I will give them props.
Just like most other Reward Programs, players will accumulate points by making bets. As soon as you sign up as a Fortune Jack player, you will be given the keys to your own Loyalty Garage.
Cashback and Reload Bonuses
Fitting to the theme, the different levels are focused on various vehicles, from scooters to private jets. Of course, all levels have different benefits but mostly Cashback and Reload Bonuses.
Bonus Terms and Conditions Explained
All of the casino bonuses mentioned will have at least a few terms and conditions attached to them. This is where things can get confusing as a new casino player.
Thankfully you don’t need to hire a lawyer to navigate your way through all this technical jargon. We’re going to explain the most common casino bonus terms in plain English right here.
These requirements tell players how many times they will need to wager, or play-through, their bonus money before being allowed to withdraw it. This is where a lot of casino players can get tripped up. Tempted by an initially fair looking no deposit bonus, you could get hit by the high wagering requirements later on and abandon playing it.
Wagering requirements are usually expressed as a digit with the multiplication symbol i.e. 35x. In this case, the bonus user would need to play their bonus cash through 35 times before they can withdraw any winnings. Let’s run through it with an example to make it easier to understand:
- A player claims a 100% up to 1.00 BCH casino bonus.
- They deposit the full 1.00 BCH to claim the maximum match.
- The wagering requirements of the bonus are 30x (thirty times).
- They need to play (wager) a total of 30.00 BCH before they can withdraw any winnings.
Will the Bonus Money be Added to My Balance or Bonus Balance?
Your bonus money will be held separately from your deposited money. As soon as you have met the wagering requirements, you will be able to withdraw them as normal.
You should also know that any deposited money will be used before any of the bonus money.
How Much do I Have to Play?
While this might seem like a large total to have to play through, don’t forget that any winnings they accumulate as they play also count towards the total.
As a general marker, anything up to 30x is considered low, 30x to 40x is fairly average and 40x or more is pretty high. The higher the wagering requirement, the tougher it will be to play it and claim your bonus winnings.
It’s also important to know that not all casino games will contribute the same amount towards the wagering requirements. At some casinos, live casino games might contribute a smaller percentage per wager than slot games at some online casinos.
One good example of this comes from BitDice. When it come to game contribution towards a wagering requirement, here’s how different games affects it:
- Slots counts 100%
- Dice – 5%
- Blackjack – 12%
- BitAce – 12%
- Scratch Games – 12%
- Pirate Plinko – 5%
Max Withdrawal Limits
Sometimes the total amount of winnings from a casino bonus has a maximum limit attached to it. This is designed to stop new players signing up and hitting the jackpot with a bonus offer and will be clearly stated in the bonus terms.
Yes, maximum withdrawal limits is something all of us have to deal with. Most often you can find this information in a casino review or in the T&C on the actual casino site.
To give you an example of what these limits can look like, this is from 7bit Casino and the above screenshot from the T&C:
- BTC – Max withdrawal is 0.3 BTC/week and 0.8 BTC/month
- Fiat – Max withdrawal is €5,000/week and €15,000/month
Once a casino bonus is claimed, the clock is ticking! There’s usually a set time period in which to complete using the full bonus given. Therefore, it’s always a good idea to plan ahead and only claim a bonus when you know you’ll have the time to play it all.
The specific games you can play using a casino bonus will vary from one offer to the next. Some promotions are designed to highlight a specific game or area of a crypto casino like table games or slot whereas others can be used across the entire site.
The potential Free Spins you can pick up through a promotion or a bonus, will only be available at certain games, chosen by the casino.
For example in King Billy’s Spin & Win Movies Edition, you can win 100 Free Spins and they will only be available at Jumanji by NetEnt.
New Players Only
This one is pretty obvious but it’s always a good idea to check if you can claim an offer as an existing player at an online casino. The most generous casino bonus offers are often reserved for new players unless you are part of a VIP or loyalty scheme.
You can always ask the casino support team if it’s not clear.
Not all casino bonuses will be open to players from all countries. This is something to be careful of if you are using a VPN to cover your tracks online. Any casino will usually take your IP address at face value and only show you offers for the territory which it believes you are playing from.
It’s usually best to use your genuine playing location when claiming a casino offer to avoid issues later on.
Bonus terms such as wagering requirements and withdrawal limits are in place to protect the casino from so-called ‘bonus abusers’. These are players who just sign up and grab what they can from an online casino, never to return again.
Bonus abusers or players that don’t follow the terms & conditions run a great risk getting banned from the casino.
However, for the majority of crypto casino players who are not out to cheat the system, welcome bonuses and casino promotions are always worth it.
Tough Wagering Requirements
For some reason, there are still casinos that insist on having very high wagering requirements on their bonuses. One of those is Crypto Thrills, who has a 60x WR on all bonuses, which is insanely high and will definitely scare off players.
Minimum Deposit Requirement
On top of that, Crypto Thrills also has a minimum deposit requirement of 1 mBTC, which is higher than most other casinos.
Are Casino Bonuses Worth It?
The golden question is, despite all the restrictive terms and conditions attached to casino bonuses, are they still worth claiming? The honest answer here is… usually, yes. BUT do some research before jumping in to claim any offers!
With a little bit of care, players can benefit from some great casino bonuses to enhance their play. Free spins and bonus cash can provide a serious boost for any casino player as long as they know exactly what they are signing up for.
How the Find the Best Casino Bonuses and Offers
The tricky part can be seeking out all the best offers but we’ve got something that can put you one step ahead of everyone else. Our casino offer pros have collected all the best crypto casino offers and promotions into one handy place on our bonus page. Head there now to find the perfect bonus offer for you!
1) What Are Wagering Requirements?
– A wagering requirement is the amount of money that a player must wager before being allowed to make a cash withdrawal.
2) Where Can I Find No Wagering Casino Bonuses?
– The majority of casinos will have some sort of wagering requirement on their bonuses. However, a casino that doesn’t have any wagering requirement on their Free Spins is Winz.io.
3) Why Can I Not Withdraw My Casino Bonus?
– You’ll be able to withdraw your winnings from a casino bonus only after you have met the bonus wagering requirement. Every casino is different so make sure you look up what they are.