In the past it was possible to withdraw funds from casino bonuses instantly. Online casinos have encountered problems with this business model, and today you must make a certain number of bets before you can withdraw your casino bonus funds. This is referred to as the “Wagering Requirement” and must be met before you can release the money from your bonus.
The typical example might be a wagering requirement of 40 times. This means that in order to withdraw the full $500 bonus from the casino, you will need to play a total of $20,000 in order to withdraw this amount. It’s not easy, but with a little luck and playing a slot with a high return for the player, it is certainly possible.
This is why sometimes the biggest welcome bonuses are not the best. If you signed up for a casino that offers a $200 bonus on a $100 deposit, but has a wagering requirement of 40 times, you will have to play through $8000 before you can cash out any winnings related to the bonus. If you only have a $100 bonus but still have a 40x wagering requirement, you will only have to play $4000 – still a considerable amount – it is always worth keeping this information in mind.
However, if your main reason for visiting an online casino is (and should always be) to have fun playing, then simply opting for a larger deposit bonus and a generous offer of free spins will provide you with plenty of excitement for quite some time, and you might even make a nice profit in the end.