Online bonuses seem very lucrative, and some of them actually are. However, none of them are as lucrative as they are marketed, simply because they come with an extensive Terms and Conditions section which tells you additional rules about the bonus.
In this article, we’ll describe some of the most important terms you need to understand before claiming your first promotion. This will help you understand how bonuses work and what to bear in mind when getting one.
Wagering Requirements
Almost all bonuses in all USA online casinos have wagering requirements. They tell you how many times you need to wager through the bonus amount before it becomes available for withdrawal. For example, if you received $100 in bonuses and the wagering requirements are set to 10x, it means you have to wager $1,000 first. Sometimes, the wagering requirements apply to the deposit + bonus amount, so make sure to check that before you make a deposit.
Expiration Date
You have a limited time to use your bonus money or meet the wagering requirements. If your bonus expires, it will become void, and you’ll not be able to use it anymore. Therefore, make sure to check out the expiry date if it has one (sometimes bonuses are not time-sensitive). That way, you’ll be able to plan your playing sessions and use the most from the bonus at hand.
How Many Times You Can Receive It
Sometimes, bonuses can be redeemed more than once. Welcome bonuses are usually available only on your first deposit, but other regular promotions are recurring, meaning you can claim them an unlimited number of times. Still, you probably won’t be able to claim them several times a day, as most of these promos are only available once a week/month.
Maximum Cashout
Sometimes, online casinos set a limit on how much money you can win using your bonus funds, and this is known as the maximum cashout. For example, if you use your bonus and win $1,000 and the maximum cashout is set to $200, the casino will confiscate the remaining $800 from you.
Now that you know how things work feel free to explore some of the best USA casino bonuses. Our team of experts researched online casinos and picked the ones that offer the most lucrative promotions to new and regular customers. It’s up to you to pick the one that meets your needs and begin your online casino adventure.