Bonus Terms and Conditions Explained
Did you know that over 80% of New Zealand casino players take advantage of some form of casino bonus? Whether it’s a no-deposit bonus, loyalty rewards, or a match bonus offer, these incentives are designed to enhance your gaming experience.
However, understanding the differences between no deposit and low deposit bonuses is crucial to avoid unnecessary losses and make the most of your rewards.
At CasinoAlpha, with our 8 years of expertise in the gambling market, we’re here to guide you through the nuances of these bonuses. In this guide, we’ll explain why starting with a no-deposit bonus can be a smarter choice for beginners and outline the key criteria you need to meet to successfully claim and bank your bonus money.
- Why You Should Always Read a Casino’s T&Cs
- Online Casino Terms and Conditions
- Things to Consider When Claiming a Bonus
- Main Types of Bonuses in NZ
- Guide: Understanding Bonus Terms and Conditions – Summary
Why You Should Always Read a Casino’s T&Cs
If you don’t read the small print, you may be unable to make the most of your bonuses. We recommend taking the time to read the details of any casino bonuses to avoid disappointment and ensure you’re eligible. In some cases, you may have to forfeit winnings if you fail to meet specific criteria relating to bonuses.
To better understand the key terms and conditions some bonuses impose, our lead editor Tudor Turiceanu, together with a team of our authors, have come up with a list of terms NZ players must keep in mind when thinking about redeeming a bonus.
Online Casino Terms and Conditions
- Wagering requirements
- Game contributions
- Maximum cashout
- Minimum deposits
- Time limits
- Cashout limits
Understanding Wagering Requirements
Before withdrawing any winnings you make using bonus funds, you’ll usually have to meet the playthrough criteria known as the wagering requirement. A wagering requirement stipulates the number of times players must wager bonus funds before making a withdrawal. For example, if you get a $10 free spins bonus with a 30x wagering requirement, you’ll have to make at least $300 of bets before you can access your winnings from that online casino.
Some bonuses have no wager requirements, which improves your chances of becoming eligible for withdrawing funds. We recommend bonuses that don’t attach the restrictions when available, as they make it easier to cash out when you’re on top. However, wager limitations are commonplace, so don’t be disappointed if you find them.
What are Game Contributions?
The game contributions rule tells you how much a particular game or type of game contributes towards a wagering requirement. You’ll often find that slots contribute 100% towards your bonus, and live dealer games are less generous. If this is the case, you’ll generally meet the rollover criteria faster by playing slots than you would through live table games like Blackjack or Roulette.
Maximum Win
The maximum win is the most significant amount you can earn when you gamble using a bonus promotion. The number varies between sites, but the lower the maximum cashout, the less you can win when claiming bonuses.
Minimum Deposits
Some casino offers and promotions require you to deposit funds before you can withdraw any bonus amount. This restriction can apply to all kinds of bonuses, including no deposit free spins and match bonuses. Even if you don’t have to make a deposit to earn free spins, you may have to make one to bank any winnings you make from them. These deposits may range from lower minimum deposits to NZ$20 or even NZ$30 deposit requirements.
How Do Time Limits Work?
When you take advantage of a casino bonus, there may be a time limit associated with your rewards. Some bonuses require players to claim their free spins within a certain timeframe. In other instances, you may have a time restriction for how quickly you need to use the free spins. Always pay attention to time limits when using a bonus to ensure you meet the eligibility criteria.
Withdrawal Limits
Casinos often impose limits on the amount you can cash out from bonus wins. These limits are commonly low for no deposit free spins offers, but they vary between casinos. In some cases, there are daily limits, in which case it doesn’t mean you can’t withdraw your earnings, but you might have to do it several times to get the full amount. We recommend checking the withdrawal limits for every casino bonus you intend to use.
Another recommendation is to look at our best payout casinos, which confers a list of the best casinos with fast withdrawals.
Things to Consider When Claiming a Bonus
Term/Condition | What it Means For You |
---|---|
Account Verification | You might need to prove your identity to qualify for bonus cashouts. Sometimes you can access bonus spins without needing to verify your account, but you’ll need to adhere to this stipulation to cash out from a bonus deal. |
Exclusions | Some games do not qualify for bonus contributions, which can count towards bonus exclusions. Certain casinos are also restricted in some countries, which will also count towards casino bonus exclusions. |
Bonus Abuse | Signing up for too many casino bonus offers at once could be considered bonus abuse. Bonus abuse occurs when players manipulate casino games and disrupt gameplay by creating multiple accounts and swaying the odds in their favour. You could lose your right to play at a casino if you participate in this practice. |
Disruption to Services | If a technical issue arises, your casino game may be cancelled, and you could lose any unclaimed profit. This is rare, but it’s worth considering when using a bonus. |
Payment Methods | Occasionally, you’ll see casinos that exclude certain deposit and withdrawal methods such as e-wallets like Skrill, mobile payments, or specific debit and credit card types. |
Main Types of Bonuses in NZ
In order to use your knowledge of the bonus terms and conditions we’ve mentioned so far, it is good to know how to recognize, distinguish, and possess examples of the most sought-after bonuses in NZ. Our table below gives a bit of insight into this topic:
Bonus Type | Value | Example | Find at Casino |
---|---|---|---|
Free Spins | 30 registration free spins on Eddy Dundee | Emu Casino | |
No Deposit |
|
| |
Cashback | 100% cashback | 250% up to NZ$1000 + 100% cashback | Rich Palms Casino |
Deposit match-up | 200% up to NZ$50 + 200 free spins | Conquestador Casino | |
Deposit bonuses | Deposit NZ$5 get 101 free spins | CasiGo Casino | |
Game-exclusive bonuses | Mega Moolah free spins | Deposit NZ$5 get 100 spins on Mega Moolah | Captain Cooks Casino |
Guide: Understanding Bonus Terms and Conditions – Summary
When you claim a casino bonus, make sure you don’t miss out because you didn’t read the fine print. There’s often a link to the terms and conditions available at the bottom of the page on a casino website, and you can contact customer support if you have any queries.
Reading the rules is the best way to safeguard your earning potential at online casinos. Check out our casino reviews to find the best online casinos and bonuses for NZ players!