If you enjoy wagering online, chances are you have encountered some sort of a welcome offer or a bonus promotion. Online casinos and sportsbooks often use promotions like these to attract new players. However, be mindful that virtually every promotion offered by gaming establishments comes with different Terms & Conditions.
Gaming establishments use the T&C most of the time in order to prevent players from abusing bonuses. If you think about it, the T&C serve as a contract between a gaming establishment and a player, and they ensure that both parties fulfill their obligations toward one another.
Common Bonus Codes T&C
To help you understand T&C, let’s use Betfair promo code 2019 as an example. Keep in mind that the details of the bonuses change quite often, so we’ll focus on the general T&C that majority of sportsbooks and casinos include in their offer, and also which criteria you will need to fulfill before you can claim various bonuses.
- The first thing to know is that every welcome bonus is reserved only for newcomers. Gaming establishments offer one bonus per household or the IP address. In other words, if you already have an active account that has claimed this type of bonus, you won’t be able to claim it again.
- In order to claim any sort of bonus in a gaming establishment, you need to be of legal age. Moreover, some bonuses are reserved only for the players from specific jurisdictions, so in order to claim the bonus, you must be of legal age, which is either 18 or 21, depending on your jurisdiction, which is yet another reason to always check the bonus’ T&C.
- Before you claim the bonus, you should check if the gaming establishment allows you to use multiple bonuses simultaneously, since some gaming establishments allow you to have only one active bonus at a time.
- Lastly, apart from the general T&C, gaming establishments also include various technical T&C. For example, if a bonus states that you can get 100% of up to $500, this means that, if you deposit $500 to your account, the gaming establishment will add an extra $500 to your account. Another thing to note is that virtually every bonus comes with a minimum amount you need to deposit in order to claim the bonus.
Something to Keep an Eye On
Keep in mind that these bonuses often come with wagering requirements which you must fulfill before you become eligible to start withdrawing funds from your, let’s say, sportsbook account to your bank account.
If a bonus states that there is a wagering requirement of x20 on the bonus money plus your deposit. In other words, if you claimed the bonus by depositing $500 you will need to spend $10,500 on games before you can withdraw funds.
Keep in mind that most bonuses have a time limit, so you will often have around 30 days to complete the bonus requirements before the bonus expires and you lose the winnings you have earned until that point.