Terms & Conditions For $100 Casino Free Chips
To get the most out of a casino bonus, you need to know what rules apply.
If you spend a few minutes learning about standard casino bonus terms, you’ll be able to:
- Convert bonus credits to real money.
- Compare casinos and bonuses like a pro.
- Make sure you won’t lose the bonus because you accidentally broke the terms and conditions.
Free Bonuses Come With Win Limits
Free bonuses come with win limits. This means you can never win more than a certain amount with your free bonus. These win limits vary and can be set anywhere between $5 and $200.
However, deposit bonuses don’t usually have win caps. So, if you want to be certain you can cash out all your bonus winnings, you should consider a match bonus.
Bet Size Restrictions
Casinos typically don’t allow you to stake more than$5 per spin when you’re playing with bonus money. Any bets exceeding the limit won’t affect your wagering requirement. More importantly, the casino may confiscate your bonus or cancel your withdrawal request if you’ve breached the t&cs.
You Must Play Through Bonuses To Cash Out Winnings
Playthrough requirements, commonly called wagering requirements, specify how much you must bet to convert bonus funds to fiat currency you can withdraw. Casinos calculate this amount by applying a multiplier to your bonus.
If you redeem a bonus with a 40x wagering requirement, you have to stake forty times the bonus to turn your bonus funds into withdrawable cash.
Free bonuses usually have wagering requirements ranging from 30x to 70x.
Let’s look at an example illustrating how wagering requirements are applied to no deposit bonus codes:
And here’s how they’re applied to no deposit free spins:
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Learn More About Bonus Wagering
Curious to learn more about bonus wagering? Check out our featured article on wagering requirements to learn all there is to know.
All Games Aren’t Equal When It Comes To Bonus Wagering
Since table games have a lower house edge than slot games, you might consider wagering your bonus on these classic games. However, this is a bad idea. Let’s explain why.
If a free bonus is eligible on table games, you can be sure that those games have low game weighting percentages. Let’s break down how this all works.
Here are some standard game weighting percentages:
- Slots (100%)
- Table Games (5%)
As you can see, slot games have a game weighting percentage of 100%. If you play a $100 spin, the entire stake counts toward your requirements. For every $1 you bet, an equal amount is deducted from your wagering requirement.
Looking at table games, we can see that only 5% of your bet counts toward your wagering requirement. So if you play a $100 hand, only $5 is subtracted from your wagering requirement.
Consequently, you’ll have more difficulty completing the wagering requirement if you play table games. All games, except slots, typically have game weighting percentages around 0% to 20%.
Your Bonus Will Expire Quickly
No deposit bonuses are commonly valid for 24 to 48 hours after you’ve claimed them. Moreover, you often have to wager any winnings in a week or less.
Not All Games Are Eligible For Bonus Play
Casinos generally won’t let wager bonuses on games with high RTP and volatility. Therefore, they always have a list of ineligible games in their terms and conditions.
If you play games that aren’t permitted, the casino may take away your bonus – so always check which games aren’t eligible before you start using your bonus.