When you claim any kind of bonus at an online casino, it comes with its own set of terms and conditions. These rules are separate from those you agreed to when you first signed up at the casino and need to be followed. The same applies to free spins casino bonuses – each one has individual max cashout, wagering, bonus code, etc.
There are several aspects typically associated with online pokies free spins deals. We’ll list and explain them below, thus enabling you to distinguish good promos from bad ones.
Wagering Requirements
When you claim a free spins bonus, there are wagering requirements attached. What this means is when you win, you have to play through the amount won several times before you convert it to real money. Only cleared winnings are eligible for withdrawal unless we’re talking about a no-wager promotion.
Considering most free spins casino bonuses come with a playthrough, let’s explain the concept in more detail.
For example:
- Casino: Stellar Spins.
- Bonus Offer: Up to 200 free spins as part of a welcome bonus.
- Wagering requirement: 50x bonus amount applies to all welcome offer bonuses and free spins.
- Calculation: Assume you claim this offer and win $100 with your free spins.
- The wagering requirement will then be applied as follows: $100 free spins casino win x 50x wagering requirement = $500 to wager.
- Result: When you have wagered $500, you’d able to cash out $100 of your winnings.
Wagering Contributions
Wagering contributions are how much individual games at a casino contribute towards the rollover calculations. For example, a bet of $1 on a pokie machine will typically count as $1 towards the wagering. By contrast, a bet of $1 on a game of blackjack might only contribute $0.10.
Exact game contributions vary from casino to casino, but there are usually some commonalities. Pokies generally contribute 100% of their bets, so playing them is the easiest way to make the maximum contribution towards the requirement.
It’s also not unusual for table games to contribute far smaller amounts, sometimes as low as 5% or nothing at all. Even if you’ve claimed and used a free spins bonus, the different amounts games contribute are important to keep in mind. You need to use the free spins casino bonus on pokies, but you don’t necessarily have to clear winnings on pokie games.
To see a casino’s exact wagering contributions, you’ll need to look at their bonus terms and conditions.
Bonus Cashouts
When you accept a free spins bonus, one of the conditions may be that there is a maximum amount that you can withdraw from it. This cap is put in place for two reasons. First, so that the casino doesn’t lose too much money in paying out earnings from free spins. Second, to avoid the potential exploitation of the bonus.
As industry experts, we completely understand the need for such restrictions; especially for no deposit free spins casino promos. As for how high or low the max cashout is, it varies by casino and offer. In most cases, it’s $50-100 for no deposit promos and $250-500 for online pokies free spins you get by depositing.
Bet Limits
As we explained, the spins you get often come with a preset value. For instance, in each round, you wager $0.10 or $0.20, depending on the bonus rules. However, there’s a max vet to consider here for when you’re clearing any winnings. Most operators in Australia, from our experience, won’t let you bet over $5 per round. The max bet may be even lower at $2 or $3.
Other Rules to Consider
While the restrictions listed above are the most common and possibly confusing ones, there are other aspects not to overlook.
- Spin value – Every spin you get has an assigned value, typically $0.10 or $0.20.
- Time limit – Free spins casino bonuses tend to expire fast, and you have to use them within a day or two. Then, you may get a week or a month to clear the winnings.
- Supported payment method – Sometimes, depositing with certain methods may not qualify you for a bonus requiring a payment.
- Minimum deposit – If the online pokies free spins deal requires a payment, there typically will be a minimum eligible amount. Often, it’s either $10 or $20.
- Banned games – Online casinos often ban some high-payout games and pokies from bonus play. There should be such a list either on the casino T&Cs page or the bonus T&Cs page.
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