How to Know Your True Bonus Value?

A casino bonus is a great incentive offering higher odds to win and stay ahead. However, promotions differ in value and knowing how to tell a high-value bonus from a low-value one can strongly influence how much you can get from a bonus reward.

Let’s see what to look for in a bonus to know its value, red flags to spot when looking for bonuses, how to calculate wagering conditions, and how they affect bonus value.

• Identifying Key Bonus Rules
• Calculating Wager Contributions
• Real Bonus Value Of Some Top Irish Casino Offers
• Warning Signs of Restrictive Bonuses
• Takeaway Tips on Vetting Value

Identifying Key Bonus Rules

• Wagering requirement: This is one of the most essential parts of the bonus term. A wagering requirement is the number of times you must gamble with a bonus before you can withdraw your winnings.
• Bonus expiration date: Bonuses are valid through a specified period. The end of this period is the expiration date. Your bonus and its winnings are voided after this date.
• Game contribution percentages: Casino games often have different contributing percentages to meet wagering requirements. Games like slots often contribute 100%, while table games can contribute 50% or even less in many casinos.
• Minimum deposit: Many online casinos have minimum deposit requirements players are expected to meet before they can qualify for bonus claims. Knowing the minimum deposit limit is important so you can claim your bonus.
• Max bet limit: Many online casinos restrict how much you can bet while using your casino bonus. Trying to bet more than the bonus allows may cause the casino to void your bonus and its winnings.
• Countries restricted: Certain casino bonuses are only available to online players in certain regions. Check that your country is not among the restricted ones.
• Payment method exclusion: Not all casinos allow players to claim bonuses using all deposit methods. Confirm that the payment method you’ll be using is not restricted from bonus eligibility.
• One bonus per user/household/IP: Many online casinos have a strict one bonus per user per household or one per IP address. This is to prevent bonus abuse by players who try to create multiple accounts and claim a bonus more than once.
• Bonus code requirement: A casino bonus may require you to enter some unique code during your signup or when trying to claim your bonus in the promo section. Check the website or the internet for the correct bonus code and copy/paste it directly to the box.

Calculating Wager Contributions

When calculating the wager contributions of online casino games to a wagering requirement to determine its real cash value, it is essential that you know the percentage contribution of these games. This information can be found in the bonus terms and conditions.

Below is a simple example to help you determine the cash value based on wager contributions:

Assuming you got a bonus of €200 with a wagering requirement of 30x, and different games contribute differently like this:

• Slot games- 100%
• Table games- 50%

Now, we will look at how much these games will contribute to clearing your wagering requirement when you decide to play €20 on each one.

Slot wagering contribution

Amount of money spent on slot = €20

Percentage contribution = 100%

Contributions toward meeting the entire wagering requirement are €20 x 100% = €20.

Blackjack wagering contribution

Amount of money spent on Blackjack = €20

Percentage contribution = 50%

Contributions toward meeting the entire wagering requirement are €20 x 50% = €10.

Meaning that you must pay twice as much to meet the wagering requirements.

Wagering contributions generally refer to how many bets a player must make before they can clear their bonuses and cash out their winnings. You can calculate it using this simple formula:

                   (Bonus Amount) X (Wagering Requirement) = Total Bet Amount

In this case, we’ll have €200 X 30, which equals €6000. You must make a €6,000 total bet before withdrawing your winnings. In some cases, the casino will state that the initial deposit amount is a part of the wagering amount. To clear the wagering requirement in our example above, you must place these bets 20 times.

Real Bonus Value Of Some Top Irish Casino Offers

Let’s look at some real bonus examples from top Irish casinos and how to calculate the bonus value in each case.

Example 1: Deposit Match From Casino Caxino

Caxino Casino is a top online casino in Ireland that supports a low minimum deposit of €1. By making a €1 deposit, you qualify for 100 free spins worth £0.10 per spin. This means the total spin is worth 100 X £0.10 = £10.

To calculate the total bet, you must make it with its 35x wagering condition. You’ll use the formula:

Bonus Amount (Free spin worth of €10) X 35 = total bet amount (€350)

Also, note that the bonus includes a deposit match up to €200. This means that every deposit up to €100 gets a 2x bonus. Deposits greater than €100 also get €200, irrespective of the amount. For example, If a player makes a €50 first deposit, they get a €100 bonus.

Example 2: Minimum Deposit Match from Vasy Casino

Vasy Casino offers Ireland players 150 no-wager free spins when they make their first €10 minimum deposit. Vasy Casino does not state the value of each free spin. However, the free spins are split into three parts that can be claimed after making a minimum deposit of €10 each time.

The free spins are attached to specific games and cannot be used on games other than those specified. The first deposit gets you 50 free spins, the second is 100 free spins, and the final is 150 free spins. The total free spin is valued at 300 free spins for a €30 total deposit.

Example 3: Free Spins and No Deposit from Novibet

Once you complete the signup process on Novibet Casino, you get 50 free spins valued at €0.10 to bet on Starburst. The total value of the free spin in cash is 50 x €0.10, which equals €5. The bonus is valid for only 3 days after claim. It can be claimed using all available payment options on Novibet except Neteller, Skrill, and PaySafecard.

Example 4: No deposit from Galaxyno Casino

Galaxyno Casino offers all new players a €5 no-deposit bonus upon completing their registration process. The €5 no-deposit bonus can be enjoyed on any game of the player’s choosing. However, the bonus comes with a 60x wagering requirement. Players can cash out up to €100 of their bonus winnings.

Warning Signs of Restrictive Bonuses

Extremely high wagering requirements

The higher the bonus wagering requirement, the worse the deal becomes. The average wagering conditions you will find on popular casinos today is 35x to 50x. While 35x is seen as the popular base level, 50x is much rather on the high side. Extremely high wagering requirements make it difficult to convert your bonus winnings into real money.

Very short timeframe for bonus validity

Some bonuses come with extremely short time frames. Remember that time validity is essential when using your bonus. Once the time frame given is too short, it becomes really hard to meet the wagering requirement. Short time frames can also build an unhealthy level of hurry and urgency in gamblers, causing them to make hasty and poor betting decisions.

Small maximum cashout limit

Many online casinos add a maximum limit on the amount you can cash out from your bonus winnings. This move is often to keep the casino from losing more than they can afford to; hence, its accepted general practice. However, some fraudulent online casinos exploit this by making the cashout limit so small that the potential benefits for players are significantly reduced.

Few games counting towards the wagering

All games do not contribute equally to clearing the wagering requirement. Some games may even contribute 0% to the wagering condition; this means if you play these games, they will contribute nothing to the wagering requirement. In many cases, this can limit a gambler’s options to select games they are unfamiliar with, making it harder to clear the bonus conditions for cashout.

Changes to bonus terms after user opt-in without clear communication

Some online casinos claim they reserve the right to make big or small changes to the bonus terms and conditions at their discretion. Be careful of these casinos; they can be dangerous since their unexpected rule change can affect and impact your gameplay negatively.

Takeaway Tips on Vetting Value

Casino bonuses are incentives for you to enjoy your casino gameplay and boost your winning chances. A clear understanding of these bonus values positions you better at winning and having a great gambling experience.

Bonus terms & conditions are a casino player’s guide to understand what is hidden behind a seemingly great bonus offer. During cases where bonus terms & conditions seem vague or unclear, contact customer support for further clarification.

Always gamble wisely and avoid sketchy-looking casinos. Remember that if a casino bonus is too good to be true, it’ll likely have an unreasonable wagering requirement. Pay attention to the bonus red flags and use them to align better with your gambling goals.