A no deposit bonus is one of the most popular offers in both land-based and online casinos in Australia. Many players look forward to these offers as they provide an opportunity to win something for nothing. But after winning something, how do you successfully withdraw your winnings?
Withdrawing a no deposit bonus winning might seem daunting at first, but if you follow all the terms and conditions, you will encounter no issues. Although most casinos in Australia, especially online casinos, are very generous with their offers, they have in place many protective mechanisms known as ‘wagering requirements that are meant to protect the casino’s interests.
So although you will be able to withdraw and enjoy your no deposit bonus winnings, John Gold from BetPokies has prepared a list of factors that you should keep in mind.
Pay Attention to the Wagering Requirements
For obvious reasons, the wagering requirements (also referred to as playthrough or rollover) form the most crucial part of the transaction.
Wagering requirements usually define the number of times you must roll over the bonus, among other terms. A wagering requirement can require you to play through a bonus from anywhere between 10 times to 99 times. If the no deposit bonus wagering requirement is 10x, it means you must wager the bonus 10 times before you can withdraw your winnings.
A lower wagering requirement is better because you have a higher chance of meeting them. A wagering requirement of 99x might need divine intervention before you can meet them.
Wagering requirements can be applied to different kinds of bonuses and not only on no deposit bonuses.
Read the Casinos General Terms and Conditions
Always ensure you read and understand the terms and conditions associated with the casino and the bonuses associated with the winnings you intend to claim.
Different casinos have different wagering requirements, withdrawal limits, and withdrawal procedures. For instance, some casinos don't allow you to redeem two no-deposit bonuses back to back. Trying to redeem them back to back can void your ability to withdraw any winning.
Use the Bonus on the Allowed Games Only
This is very important as using the bonus only on the allowable games. For instance, some bonuses allow table games only while others are allowed for pokies only.
Therefore, checking which games are allowed before your wager is crucial. Remember that only wagering on permitted games will count towards satisfying the wagering requirements.
For instance, suppose you get a A$5 table games no deposit bonus, and the conditions specify that you must play through the bonus 20x. In this case, you must make bets worth A$100 on table games to meet the wagering requirements.
So assuming you bet A$10 per spin on table games, you will make 10 bets before you are eligible to withdraw your winnings.
Not All Games Count Towards Your Rollover
As seen above, playing games with a higher RTP is the easiest way to meet the requirements. However, different games count the same towards the wagering requirements – the percentages contributing to the rollover vary from game to game.
For instance, you might play a slot game with a 98%RTP, but it will only contribute 15% towards the wagering requirements. Another slot game with an RTP of 95% might contribute 30% towards the playthrough.
Different Casinos Have Different Wagering Requirements
Each casino has its unique wagering requirements. For instance, every casino has its minimum withdrawal limit for no deposit bonus winnings. For some casinos, this amount might be high, and if you win a lower amount, you will not be able to withdraw your winnings.
A real-life example:
Assume that a gambler claims a bonus A$50 bonus with a 30x wagering requirement, and the games allowed are:
- Table games – 100 percent
- Slot games – 80 percent
- Blackjack – 10 percent
This means the Aussie player must make wagers worth A$1500 and can only play on the specified games, contributing the specified percentage to his playthrough requirements.
Assuming this player wagers A$100 per spin on table games, he will need to make a total of 15 bets to satisfy the wagering requirements. But if he wagers A$100 per spin on Blackjack only, he will need to make 150 bets to meet the wagering requirements. Also, if he were to wager on slot games only, the results would be different.
In the same spirit, if the Australian player mixes different games, each game will contribute a different percentage to the wagering requirements.
Conclusion
Although many gamblers look forward to new offers and bonuses in their casinos, many rules and requirements accompany these bonuses. If you need to be able to successfully claim your bonus winnings, ensure you are informed and know what to do and what to expect before you claim the bonus.
These are some things to remember as you enjoy gambling using a no deposit bonus.
If you have a gambling addiction you can call the toll-free number Gambling Helpline: 1800 858 858.
