Online casino bonuses are one of the most exciting parts of Online Gambling today.
The first question that players ask before they join a casino site is about the welcome bonus, and the follow-up to this question is - Can I withdraw bonus bet winnings?
The simple answer to this question is yes, you can withdraw bonuses, but first, you have to play these bonus funds enough times to meet the wagering requirements. The wagering requirement is also known as Playthrough or Rollover or Turnover by different Online Casinos.
Through this blog, let’s find out the most widespread deposit bonuses and then discuss the most common wagering requirements and how to meet them.
Popular Online Casino Bonuses
Online casinos tend to offer a variety of bonuses to new and existing players; these can be part of the welcome offer, seasonal offers or available to returning players. We will list some of the most common bonuses below, before exploring when you can withdraw bonus bet winnings.
No Deposit Bonus
This one is simple to understand. If you register at an online casino, your account will be credited with free bets. No deposit of real money is required. Nonetheless, you might have to enter a code to claim it or register during a particular period.
Match Bonuses
To get these promotional bonuses, players are required to deposit some funds. Some sites offer 50% or 100% matching deposit bonuses for up to a limit.
For example, if you deposit INR 10,000 and there is a 100% bonus, then you will automatically receive INR 10,000 for free. If the match bonus is 50%, then you would get INR 5,000, or in other words, half the amount you deposited.
Free Money Bonus
In this promotion, you get funds regardless of the amount you choose to deposit. It might be less than what you could potentially get through the match bonuses, but the free money bonus could give you a better value for your money at times.
This greatly depends on the type or level of player you are at the casino
Sticky Bonus
This is a tricky one, and quite a rare bonus. The casino offers you an amount you can play with, but you are only allowed to withdraw funds that are over and above the initial bonus amount.
Exclusive Casino Bonuses
These types of bonuses are given to players based on their playing preferences after they have deposited above a particular threshold. These could vary greatly based on:
- The amount a player has deposited and
- The different VIP programs or Loyalty bonuses the Casino Brand has to offer.
When Can I withdraw Casino Bonus and Winnings?
Now that you are familiar with the different bonus types, we can move to the next part. Can you get this money into your pocket? i.e, the conditions of withdrawing casino bonuses.
The answer to your question is Yes, you can cash in on your casino bonuses but with terms and conditions. The condition is to meet the wagering requirements, and then you can withdraw your bonus funds. This is a general rule across most casinos today, although the specifics might vary from site to site and across different bonus types.
What are the Wagering Requirements?
Wagering requirements represent the number of times that you have to gamble the amount of your casino bonus before you are allowed to withdraw your winnings. In other words, it is a multiplier.
For instance, if you are given an INR 1,000 bonus that carries a 5x wagering requirement – you would have to spend that means to play an amount of INR 5,000 on qualifying games to be allowed to withdraw your money.
Not all casino games carry the same value towards meeting the wagering requirements. These might vary from casino to casino, so it is important to read through the specific T&Cs of the site of your choice.
Another important note is that most casinos will have a specific period, in which you would have to meet the wagering requirements – or the bonus could be lost.
Conditions of Withdrawing Casino Bonuses
Now that you have a better idea of what wagering requirements are and what different bonus types they are applied to, we will move to the terms and conditions of withdrawing casino bonuses.
We have mentioned some of the most popular gaming sites in India to get more insight on when you can withdraw bonus bet winnings.
Royal Panda
Royal Panda is one of the best online casinos in India, and they offer a 100% deposit bonus on your first deposit, a 50% bonus on the second and third deposits. In total players would be eligible for up to INR 100,000 bonus.
To withdraw these funds, a player has to wager 35x the bonus balance on casino games only. The maximum cumulative limit is around INR 70,000. Then there are certain other conditions like minimum deposits to avail the bonus, the maximum amount of bet permitted, and more. But there is also some add on to the bonus, in the form of Free Spins. So do not miss to claim this one.
Casumo
Casumo is another great and popular gaming site that thousands of people register to in India. When a new player opts in, they can get a 200% deposit bonus for up to INR 2,000. This offer is spectacular for beginners and those who want to bet less.
The wagering requirements here stand at 30x, which is even better than the requirements offered above. There are terms and conditions on how the wagering requirements will be accounted for and they are listed in detail on the website – very easy to understand.
The above was for Casino welcome bonus, there is a bonus for Sports enthusiasts too. The T & Cs for the same, are on the website too.
There are quite a few exciting bonuses under the Promotions section, do not forget to check them out.
After explaining the wagering requirements and detailing the specific offers and T&Cs of some of the most popular casino sites in India – which bonuses are you after?
