How to Read Casino Bonus Terms
NZ Casino Bonuses can turn a good experience into an excellent one if you claim the right offers. However, you must fully understand the intricate bonus terms to do so. And that’s what we’re doing here today, discussing and explaining the various Terms and Conditions that come attached to your favourite casino deals.
What are Casino Bonus Terms?
They’re like a user manual for the specific bonus the casino offers. You’ll find details about allowed games, validity period, withdrawal conditions, wagering requirements, and more.
We agree that not all bonus terms need an explanation. Actually, most of them are straightforward – especially if we’re talking about new online casinos licensed by a reputable regulator.
Others, however, can be confusing for new players and come in convoluted forms that can misguide even experienced casino enthusiasts.
Casino Bonus Terms You Should Pay Attention To
We won’t bore you with explanations for easy terms like bonus validity or available games. These are usually exactly what they seem, and there’s no interpretation for “Valid for 7 days upon claiming” or “Spins available only on Starburst.”
The ones we’re focusing on are those that are misleading or can be interpreted. So, let’s jump in.
Wagering Requirements and Contribution
Wagering requirements are always tricky, especially for beginners. That’s why you need to know exactly what to look for and how to read the information in the casino bonus terms.
- Wagering requirements – the number of times you need to play the bonus balance before you can request a withdrawal. For example, you deposit $10 for a 100% welcome bonus with 30x wagering requirements. The amount you need to wager is $10 x 100 = $1,000.
- Wagering contribution is the percentage of each bet deducted from the wagering amount. Following up on the above example, you place a $3 bet on a pokie with a 100% contribution.
Regardless of your bet’s outcome (win or lose), the amount left to wager becomes $997.
NZ Online Casinos with Various Wagering Requirements
|Operator||Bonus Type||Bonus Value||Wagering Requirements||Minimum Deposit|
|Aztec Riches||Welcome Package||50% up to NZ$50||200X||$10|
|Golden Reef||First Deposit Bonus||100% up to NZ$100||200X||$10|
|SkyCity||First Deposit Bonus||100% up to NZ$110||35X||$10|
NZ gamblers should opt for online casinos that provide slot bonuses since these games have a 100% wagering contribution. It’s a great option for beginners, and you get a great opportunity to get accustomed to the rules.
Wagering Contribution of Various NZ Games
- Pokies – 100%
- Live Casino Games – between 0% and 50%
- Table Games – up to 50%
- Poker – usually 0%
- Scratchards – 0%
- Progressive Jackpot Pokies- 0%
Casinos display information about wagering requirements and contributions with each match bonus or free spins no deposit offer. It’s usually a “Read More” or “Bonus Terms” link right under the promotion, where you’ll find all these details.
Maximum Bet and Cashout
Knowing how much you can bet when playing with a bonus can make a world of difference. Likewise, you should be aware that some offers come with a cap on the cashout amount.
- Max Bet – usually $5 for pokies and even lower for other casino games, this is the highest you can go if you don’t want to risk losing the entire balance;
- Maximum Cashout – especially valid for minimum no-deposit bonuses, this value tells you exactly how you can withdraw.
As an example: You play with a $10 no deposit bonus and manage to turn it into $500 after finishing the wagering requirements. Before celebrating, you need to make sure the max cashout isn’t $100. Otherwise, you’ll just forfeit the difference.
|Operator||Offer||Maximum Bet||Max Cashout|
|7bit||20 Free Spins No Deposit||$5||NZ$50|
|Playzee||100% up to NZ$300 + 100 Spins on Starburst||$5||N/A|
|Colosseum||100% up to NZ$100||$5||N/A|
|FreeSpino||300% up to NZ$3,000||$4||5X received bonus amount|
Terms Regarding Payment Methods
Another set of conditions you need to be careful with, relates to the method you use to deposit. More specifically, the payment options that make you eligible for a given bonus.
Some real money online casinos in New Zealand add such conditions to their welcome bonus. For example, Kiwi players won’t be able to claim the first deposit bonus with a Skrill or Neteller deposit.
Even though the deposit amount makes you eligible and all the other boxes are checked, you’re still going to play with your funds only. To avoid this situation, make sure to go over the full terms for such a condition. It’s usually further down the list, so read everything.
OnlineCasinos365 helps you ensure you’re missing out on any welcome bonus due to limitations applied to payment methods. Our experts review the T&Cs and mainly check for these details.
Irregular play can include making low-risk bets, betting above the set limit, as well as other actions as determined by the casino.
Each operator can have a different definition for “Irregular Play”, but it’s something you need to pay attention to in the bonus terms. For instance, if you place a $100 bet on a roulette wheel spin, you win that bet and immediately switch to a low volatility pokie to safely meet the wagering requirements.
Delaying a game round, including free spins and bonuses, until no wagering requirements remain can also be labelled as irregular play. If the bonus terms don’t reference irregular play, don’t just assume they don’t use it. Contact customer support to get a clear answer, and make sure to take a screenshot.
The last term we’re analyzing relates to bonus eligibility, depending on location. An online casino that gladly accepts NZ players may not be so friendly regarding handing out certain bonuses.
This information is usually hidden deep in the bonus terms, and it’s vital you get it out into the light. Otherwise, you may end up depositing for an offer that’s only available for European players, for example.
Go over the General Terms and Conditions before registration to ensure New Zealand is one of the accepted countries. Even though it makes a lot of sense to restrict the country in the Sign-up form, some operators don’t do it.
If you’re in New Zealand and see a bonus, we’ve got a little advice for you. It’s a good idea to give those terms and conditions a read. While some deals might give you the lowdown on minimum deposits, how long they’re good for, and the wagering stuff, they might not spill all the beans.
For example, it’s crucial to know which games are in on the action, how much each game chips in toward meeting those wagering requirements, and what the max cash you can take out is.