How do casino bonuses and wagering requirements work?

These casino “bonuses” (really just free spins) have been a mixed blessing. You need to roll the bonus over at least 35 times before you can actually withdraw any winnings. Game on!

The newbies must read the fine print carefully. Check for expiration dates (really!), slot exclusions (this bonus only works for certain games), maximum bet limits. Frequently overlooked: You have to wager the bonus as well as your deposit separately, so that $100 bonus on a $200 deposit that requires a 300x wager equals 30, 000 spins!

How do people get into a cash-out loop? By being greedy and wagering too much too soon. Recall, each additional bet is an additional commitment. Think of the bonus as free playtime (test out new games), not a license to print money. Take it easy and maximize the value of the offer.

Be wary of casino bonuses. They seem great, but they come with strings attached. Often accompanied by 30 to 40 times play-throughs (you must bet 30 or 40 times the bonus before doing a withdrawal), they can break beginners who run out of money chasing the wagering requirement. Some also have maximum cash-out amounts. Stay within your means, manage your bankroll, and don’t lose your edge pursuing a bonus.