Wagering Requirements
Wagering requirements are the number of times you need to play through a bonus before you can withdraw any winnings. For example, a NZ$100 welcome bonus with a 30x wagering requirement means you must wager NZ$3,000 (30 x NZ$100) before withdrawing. This could mean 3,000 spins on a NZ$1 bet for slots, or 300 hands of NZ$10 for table games.
The best bonus is one with no wagering requirements, allowing you to withdraw any winnings immediately. However, these are rare as they carry more risk for casinos. No deposit bonuses, often offered by NZ casinos, may not require a deposit but still come with wagering requirements.
Minimum Deposit
The minimum deposit is the lowest sum of money required to claim a certain bonus. The minimum deposit requirement is the minimum amount a player must deposit into their casino account before receiving a bonus.
A casino may advertise a 100% bonus on deposits up to NZ$200 but stipulate that players must first deposit at least NZ$20. A deposit of less than NZ$20 will not qualify for the bonus.
Game Restrictions
Some casino games may not count toward the required wager. This is because players have a better chance of coming out on top when playing games like blackjack and roulette, which have a smaller house edge.
Slot machines always count for the whole requirement, but other games like poker and blackjack could only count for a fraction. When fulfilling bonus conditions, it’s crucial to verify which games count.
Game Contributions
Game contributions towards wagering requirements vary based on the type of game. For example, slots typically contribute 100%, meaning if you bet NZ$100 on slots, it counts fully toward the wagering requirement.
Blackjack contributes only 10%, so a NZ$100 bet on blackjack would count as NZ$10 towards meeting the requirement. Similarly, roulette contributes 5%, and poker typically counts at 20%. Understanding how each game contributes is key to efficiently meeting bonus requirements.
Bet Size Limits
Most casino bonuses impose maximum bet sizes to prevent players from abusing the system and quickly satisfying wagering requirements. These restrictions limit the total amount that may be wagered in any one round or spin. Some casinos impose limits when playing with free money, such as a maximum bet of NZ$5 per spin.
The main goal here is to keep players engaged for longer periods, which benefits the casino financially. Players who exceed these limitations will have their bonuses and any profits from them nullified.
Maximum Win Limit
There is a limit on how much you can win with your bonus money. If you win more than that, you’ll have to give it back. If a bonus has a win maximum of NZ$500 and you win NZ$700, you may only withdraw NZ$500.
The casino may avoid catastrophic losses by instituting such limits, particularly for large bonuses. If you want to play within reasonable bounds, check these out first.
Bonus Expiry Dates
Bonus expiry dates are crucial to keep in mind when claiming a casino bonus, as they determine how long you have to meet the wagering requirements.
Most bonuses come with a time limit, which means you must use or complete the required wagering within a specific period, typically ranging from a few days to a month. If you fail to meet the NZ bonus time limits, the bonus and any associated winnings may be forfeited. Always check the bonus expiry dates to ensure you don’t lose out on your potential rewards.