1. Why is it important to read terms and conditions at online casinos and bookmakers?
The following are the reasons why you should read the terms and conditions for betting promotions:
- To understand if you are eligible to claim the offer.
- To know how to claim the bonus.
- To know the specific bonus amount/free spins on offer.
- To know the eligible games to play and bets to make.
- To see the number of times you must play the bonus before you can withdraw it.
- To know when the bonus expires at the casino or bookmaker.
- To find out if there is any restriction, with regards to your jurisdiction, banking method, or games.
- To remove the notion that the best bonuses are those that are big in size.
As you can see, there are many important arguments for reading terms and conditions of bonuses very carefully. There are many profitable promotions, such as Roobet promo code VIP offer, but before registering with this or any other bookmaker, remember to get familiar with all the requirements, not to miss out all the great opportunities.
2. Common terms and conditions for deposit bonuses
What are the rules for bonus bets?. Below, we look at the most common terms and conditions of sportsbook bonuses and casino offers.
2.1 Minimum Deposit
A deposit bonus involves the bookmaker or casino matching a deposit by a percentage up to a set amount, for example, 50% up to $500. This bonus will be triggered by a qualifying minimum deposit, which will be listed under the bookmakers and online casinos terms and conditions. The limit will depend on your platform, but you’ll find it to be mostly $10 or $20.
2.2 Promo Codes
Promo codes are other common online casino deposit offer Tc and Cs you can find. A promo code is a combo of numbers, letters, or an alphanumeric code that unlocks a bonus or promotion, an example may be 22bet promo code which we discuss in one of our brands’ reviews. They can be anything like JBVIP, BCVIP, or JBVIP240. In some cases, these bonuses will be exclusive, offering more value than the standard offer. You must enter these codes correctly as you register, deposit or as you opt into the bonus, to activate the bonus.
You can find promo codes issued by the platform in the T&Cs section or through accredited affiliates, such as JohnnyBet. Find the latest promo codes and bonus codes recommended by JohnnyBet on our site!
2.3 Bonus Wagering Requirements
Wagering requirements or playthrough requirements are everything when it gets to cashing out bonus winnings. But do you understand them? Bonus wagering requirements explained: They represent a set number of times you must play your deposit, bonus, or both before withdrawing winnings acquired from the bonus. They are indicated as a multiplier - for example, 25x, 35x, or 40x.
So, to understand how casino wagering requirements work, let’s see a quick example. If you make a deposit of $50 and the platform offered you a 200% bonus, you would get a $100 deposit bonus. Now, suppose the online casino sets the wagering requirements at 30x on the deposit and bonus, then you’ll have to wager ($50 + $100) x 30 = $4,500. Only after wagering $4,500 will you withdraw.
For free spins, you’ll wager the winnings generated from them to complete wagering requirements. For example, if you win $50 from your free spins, you’ll wager $50 a total of 30 times (50 x 30) = $1,500 to withdraw the winnings.
2.4 Time Limits
Bonuses are not to last entirely. While navigating online casino terms and conditions or those on your preferred bookmaker, you’ll find a time limit in which you must claim, use the bonus, and meet the wagering requirements. If the time expires, your bonus and any winnings generated from it will be forfeited. The common time limit periods are as follows:
- Sportsbook bonuses: 30 days
- Casino bonuses: 7 days
- Free spins: 24 hours
2.5 Max Bet Limits
Among other bookmakers and online casinos terms and conditions you should know are the max bet limits. These are the limits the platform imposes when you are using your bonus. This is normally to prevent you from placing large bets in a bid to clear your playthrough requirements quickly.
In most cases, you’ll find the max bet limits placed at $5, and exceeding this might lead to having your bonus canceled and the winnings voided. So, if your question is why should I read terms and conditions when claiming a bonus, there you have one of the major reasons.
2.6 Terms Related to Payment Methods
It is not uncommon to find certain payment methods restricted from claiming a bonus in the t&cs of casino bonuses. Among the reasons for this is to curb fraud cases or prevent bonus abuse. The most common culprits for this bonus rule are Skrill, Neteller, and cryptocurrencies. You can find out more about betting payment methods at online casinos and betting sites in one of our articles.
2.7 Minimum Odds
In understanding terms and conditions of sportsbook bonuses, it is important to note that some of them have a minimum odds requirement. This bonus rule is in line with helping you complete the wagering requirements on the platform. The minimum odds dictate the lowest odds at which you must place your bet to contribute while completing the requirement. Like placing a single bet at odds of at least 2.00 or an accumulator bet with each leg at odds of at least 1.20. That is widely common across many bookmakers.
2.8 Bet Types
Bet type restrictions are other common terms and conditions of sportsbook bonuses. Like minimum odds, the bonus rules might specify the eligible bet types that count when using the bonus or fulfilling wagering requirements. You can find a sportsbook excluding bet types like cashed out bets, system bets, live bets, or cancelled bets.
3. Common mistakes related to bonus terms and conditions
With an understanding of the most common terms and conditions of betting bonuses, now let’s see the common mistakes that can result in losing out on the bonus and/or winnings:
-
Ignoring terms and conditions altogether. It is a rule of thumb to go through the fine print, however enticing the bonus may look or detailed the T&Cs may be. It ensures you do not miss important information, which would lead you to, for example, deposit a smaller amount, pick restricted game types, or not meet playthrough requirements within the specified time.
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Creating multiple accounts to claim bonuses. This is viewed as bonus abuse and can result in all accounts being blocked.
-
Claiming multiple bonuses at once. In most cases, only one bonus will be active at a time.
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Not verifying your account may lead to your payout process placed on hold.
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Not understanding terms, such as cashable, non-cashable, free bet, and no deposit bonus.
Let’s explain the terms from the last point from the list. Below is the breakdown:
If you find this article helpful, make sure to explore other betting knowledge topics we have discussed in our publications. We provide our readers with multiple resources, such as a guide on betting on underdogs explaining important factors and strategies. Take a look!
4. Most Common Terms and Conditions of Betting Bonuses - FAQs
4.1 ❓Can I withdraw a bonus after winning?
You can withdraw the winnings from the bonus after meeting the wagering requirements at the bookmaker or online casino.
4.2 ❓What are wagering requirements?
Wagering requirements represent the number of times you must play the bonus, deposit, or both to withdraw bonus winnings.
4.3 ❓Why are there bonus terms and conditions?
Bonus terms and conditions are there to give each player a fair chance of claiming the bonus while also preventing bonus abuse.
4.4 ❓What are the most important betting bonus terms to consider?
The most common terms and conditions of betting bonuses to consider include minimum deposit, wagering requirements, and time validity.
Most Common Terms and Conditions of Betting Bonuses
To get the best bonus deals and not miss out on winnings, you must check out the most common terms and conditions of betting bonuses. In our guide, we break down the most common T&Cs for betting and casino bonuses. These terms are the fine print that you must read so you can make a decision on whether the bonus is worth it and to maximize your profit potential on the bonus.
Contents
1. Why is it important to read terms and conditions at online casinos and bookmakers?
The following are the reasons why you should read the terms and conditions for betting promotions:
As you can see, there are many important arguments for reading terms and conditions of bonuses very carefully. There are many profitable promotions, such as Roobet promo code VIP offer, but before registering with this or any other bookmaker, remember to get familiar with all the requirements, not to miss out all the great opportunities.
2. Common terms and conditions for deposit bonuses
What are the rules for bonus bets?. Below, we look at the most common terms and conditions of sportsbook bonuses and casino offers.
2.1 Minimum Deposit
A deposit bonus involves the bookmaker or casino matching a deposit by a percentage up to a set amount, for example, 50% up to $500. This bonus will be triggered by a qualifying minimum deposit, which will be listed under the bookmakers and online casinos terms and conditions. The limit will depend on your platform, but you’ll find it to be mostly $10 or $20.
2.2 Promo Codes
Promo codes are other common online casino deposit offer Tc and Cs you can find. A promo code is a combo of numbers, letters, or an alphanumeric code that unlocks a bonus or promotion, an example may be 22bet promo code which we discuss in one of our brands’ reviews. They can be anything like JBVIP, BCVIP, or JBVIP240. In some cases, these bonuses will be exclusive, offering more value than the standard offer. You must enter these codes correctly as you register, deposit or as you opt into the bonus, to activate the bonus.
You can find promo codes issued by the platform in the T&Cs section or through accredited affiliates, such as JohnnyBet. Find the latest promo codes and bonus codes recommended by JohnnyBet on our site!
2.3 Bonus Wagering Requirements
Wagering requirements or playthrough requirements are everything when it gets to cashing out bonus winnings. But do you understand them? Bonus wagering requirements explained: They represent a set number of times you must play your deposit, bonus, or both before withdrawing winnings acquired from the bonus. They are indicated as a multiplier - for example, 25x, 35x, or 40x.
So, to understand how casino wagering requirements work, let’s see a quick example. If you make a deposit of $50 and the platform offered you a 200% bonus, you would get a $100 deposit bonus. Now, suppose the online casino sets the wagering requirements at 30x on the deposit and bonus, then you’ll have to wager ($50 + $100) x 30 = $4,500. Only after wagering $4,500 will you withdraw.
For free spins, you’ll wager the winnings generated from them to complete wagering requirements. For example, if you win $50 from your free spins, you’ll wager $50 a total of 30 times (50 x 30) = $1,500 to withdraw the winnings.
2.4 Time Limits
Bonuses are not to last entirely. While navigating online casino terms and conditions or those on your preferred bookmaker, you’ll find a time limit in which you must claim, use the bonus, and meet the wagering requirements. If the time expires, your bonus and any winnings generated from it will be forfeited. The common time limit periods are as follows:
2.5 Max Bet Limits
Among other bookmakers and online casinos terms and conditions you should know are the max bet limits. These are the limits the platform imposes when you are using your bonus. This is normally to prevent you from placing large bets in a bid to clear your playthrough requirements quickly.
In most cases, you’ll find the max bet limits placed at $5, and exceeding this might lead to having your bonus canceled and the winnings voided. So, if your question is why should I read terms and conditions when claiming a bonus, there you have one of the major reasons.
2.6 Terms Related to Payment Methods
It is not uncommon to find certain payment methods restricted from claiming a bonus in the t&cs of casino bonuses. Among the reasons for this is to curb fraud cases or prevent bonus abuse. The most common culprits for this bonus rule are Skrill, Neteller, and cryptocurrencies. You can find out more about betting payment methods at online casinos and betting sites in one of our articles.
2.7 Minimum Odds
In understanding terms and conditions of sportsbook bonuses, it is important to note that some of them have a minimum odds requirement. This bonus rule is in line with helping you complete the wagering requirements on the platform. The minimum odds dictate the lowest odds at which you must place your bet to contribute while completing the requirement. Like placing a single bet at odds of at least 2.00 or an accumulator bet with each leg at odds of at least 1.20. That is widely common across many bookmakers.
2.8 Bet Types
Bet type restrictions are other common terms and conditions of sportsbook bonuses. Like minimum odds, the bonus rules might specify the eligible bet types that count when using the bonus or fulfilling wagering requirements. You can find a sportsbook excluding bet types like cashed out bets, system bets, live bets, or cancelled bets.
3. Common mistakes related to bonus terms and conditions
With an understanding of the most common terms and conditions of betting bonuses, now let’s see the common mistakes that can result in losing out on the bonus and/or winnings:
Let’s explain the terms from the last point from the list. Below is the breakdown:
If you find this article helpful, make sure to explore other betting knowledge topics we have discussed in our publications. We provide our readers with multiple resources, such as a guide on betting on underdogs explaining important factors and strategies. Take a look!
4. Most Common Terms and Conditions of Betting Bonuses - FAQs
4.1 ❓Can I withdraw a bonus after winning?
You can withdraw the winnings from the bonus after meeting the wagering requirements at the bookmaker or online casino.
4.2 ❓What are wagering requirements?
Wagering requirements represent the number of times you must play the bonus, deposit, or both to withdraw bonus winnings.
4.3 ❓Why are there bonus terms and conditions?
Bonus terms and conditions are there to give each player a fair chance of claiming the bonus while also preventing bonus abuse.
4.4 ❓What are the most important betting bonus terms to consider?
The most common terms and conditions of betting bonuses to consider include minimum deposit, wagering requirements, and time validity.