Bonus Terms and Conditions
Every casino bonus comes with terms and conditions that could affect how you use the bonus. While the terms in the small print will vary between bonuses, these are some of the most common factors to be aware of:
Some casinos restrict e-wallet deposits, commonly Neteller and Skrill, from claiming bonuses, so it’s important that you check for these exclusions before you sign up to avoid any disappointment. The terms and conditions will highlight which payment methods (if any) are excluded from the bonus.
Minimum deposit amount
While the idea of a £500 casino bonus is fantastic, not all players can invest this much money into online gambling. However, given that these bonuses match deposits up to £500, you can usually deposit a much smaller amount, providing you meet the minimum deposit, and can get some bonus cash in return, which means these bonuses cater for all players’ budgets. Minimum deposits can vary between casinos, but £10 is a pretty standard limit. Let’s take a look at an example:
100% up to £500 first deposit welcome bonus. Min. deposit £10
- Deposit £10 + £10 in bonus cash = £20 to play with
- Deposit £250 + £250 in bonus cash = £500 to play with
- Deposit £500 + £500 in bonus cash = £1,000 to play with
- Deposit £1,000 + £500 in bonus cash = £1,500 to play with.As you can see, the bonus amount might be capped at £500, but you can deposit more if you want to.
Virtually all £500 welcome bonuses will be subject to wagering requirements. These requirements will vary between casinos and will determine how much you need to wager before your winnings are available for withdrawal. We’d recommend checking the terms and conditions for specifics of playthrough requirements so that you can pick the best bonus for you.
Here’s an example of how wagering requirements work:
‘100% up to £500 first deposit welcome bonus’
If you deposit the full £500 and your casino has a 30x wagering requirement, you’ll need to wager £15,000 (30x £500) before your winnings are available for withdrawal.
It’s also worth checking whether your initial deposit is also subject to the playthrough requirements as this could significantly increase how much you need to wager (30 x £1000 = £30,000).
This tells you how much playing a certain type of game contributes to clearing the bonus wagering requirement. Whereas wagers placed on most slot games usually count 100% towards the wagering, other games, such as roulette and blackjack, often have a reduced wagering or are excluded altogether.
Maximum bet limits
Online casinos will often cap the amount a player can wager in a single bet when playing with bonus funds and each casino will set their own limits.
You’ll have a limited amount of time to meet any playthrough requirements before your bonus funds and any associated winnings expire. While some online casinos offer a 30 day expiry date for a bonus this big, different operators will have separate restrictions, so you should take time to check this.