Understanding the Wagering Requirements and Terms and Conditions at Online Casinos

Players have to consider several factors before signing up for real money play at online casinos. Some of these factors include licensing, ownership, software, game vendors, bonus offers, loyalty rewards, customer support, terms & conditions, and audit reports to mention just a few.

Most player disputes with online casinos are the results of players’ failure to read the terms and conditions. So before clicking on the Submit or Register button after filling in the online registration form, they have to read and understand the casino terms and conditions.

They should also read bonus terms, which include details of wagering requirements, before claiming a bonus offer.

Casino Terms and Conditions

The terms & conditions of an online casino give players an idea of its ownership and licensing. They state exactly who is qualified to play for real money at the online casino.

They also give plenty of valuable information regarding registration of online gaming accounts, operation of accounts, deposits & withdrawals, responsible gambling, bonus policies, privacy policies, safety & security, disconnection policy, dispute resolution, customer care, and so on.

Here are some of the common terms at most online casinos:

• A player can open just one account at the online casino.
• Players should be at least 18 or of the legal age to gamble according to the gambling regulations of their country of residence, whichever is more.
• Players should have a valid banking method registered in their name.
• The online casino has the right to modify its terms and conditions at any time without giving players any prior notice.
• Players should gamble within their bankroll limits.
• Players should provide copies of documents such as credit/debit cards, photo IDs, utility bills, bank/credit card statements, and others as part of the online casino’s Know Your Customer (KYC) procedure.
• While registering an account, players have to provide the correct details. The online casino can take legal action against players who fail to do so.
• The online casino conducts age verification checks to make sure that account holders are of the legal age to gamble.

Bonus Terms and Conditions

Attempting to redeem bonus codes without first reading the bonus policy, wagering requirements, or bonus terms could lead to a lot of trouble later on.

Online casinos either hide their bonus policies in the general terms and conditions or display them on a separate page. Violation of bonus terms constitutes bonus abuse, something that online casinos do not tolerate.

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Bonus terms include the following factors:

Eligibility – To become eligible to qualify for a bonus, players have to reside in a particular country or deposit a certain amount in their accounts.

Wagering Requirements – Players have to play through their bonus amount or bonus plus deposit amounts or free spins winnings a particular number of times within the specified deadline before they can be allowed request a payout.

For example, a casino that offers a no-deposit bonus of 10 free spins may set a wagering requirement of 25x and a time limit of 7 days. This means that players have to play through their free spin winnings 25 times within 7 days before they can withdraw those winnings.

The online casino reserves the right to confiscate the bonus of players who fail to satisfy the wagering requirements.

Validity – Cash bonuses and free spins have validity. For example, cash bonuses may expire in 30 days or free spins have to be used within 7 days.

Max Cashout – Some online casinos set a limit on exactly how much of the bonus or free spin winnings can be withdrawn. For example, if the max cashout is $100, players can withdraw only $100 of their bonus winnings even if they may have won more.

Max Bet – Some online casinos even limit the size of the bets that players can place using their bonus money.

Coupons Also Have Terms

Even retail coupons come with terms and conditions. If you check out the coupons on any coupon site, you will notice that they always have fine print & details that you must read before claiming them.

For example, you can get several coupons for discounted hotel and cruise ships stays with free slot play at Groupon, a popular coupon site.

But they all have expiry dates and fine print. For example, players cannot change the dates after booking and must produce a credit card while checking in.

To Conclude

Before you claim any bonus offer at an online casino or redeem a coupon, make sure that you read its terms and conditions. You will then know exactly what to expect from the bonus code or coupon you are redeeming. The simple act of reading the terms and conditions will help you to better understand the online casino, its bonus offers, and its coupon codes and will save you from disappointment and disputes in the future.

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