Online Casino Bonuses often come with playthrough requirements attached to them and this is basically the amount of cash that you would need to wager prior to starting the withdrawal process. For example you couldn’t just accept a casino bonus and then withdraw it straight to your credit card, debit card or e-wallet, otherwise online casino operators would go out of business pretty quickly.
The bonus cash (and usually the deposit amount) must be wagered within a certain period of time (usually one month, sometimes one week though) and you normally have to playthrough anywhere from 20x times up to no more than 60x times the bonus amount (+ deposit). The lower this number is, the better it is for you and the quicker you can complete your playthrough requirements, which are also often referred to as wagering requirements.
Although it’s quite rare, you can occasionally find playthrough/wagering requirements as low as 10x times the bonus amount. Let’s just say that you deposit AU$10 on your first ever deposit while taking advantage of a 100% matching deposit bonus worth up to AU$50. This deposit bonus might come with a 20x wagering requirement attached to it.
Therefore before you could withdraw your free AU$10 bonus cash you would need to wager a total of AU$210 in the casino. This includes your AU$10 deposit multiplied by the 20x wagering requirement, which equals AU$200. Don’t forget that you also often have to wager the deposit amount as well and this is how we end up with AU$210. As soon as you have completed your playthrough requirements you can then go ahead and withdraw and winnings that you have made.
This may sound a little confusing to begin with, but it’s fairly standard practice at pretty much all of today’s fully licensed Australian online casinos and the only way that you can get out of completing you wagering requirements would be to either decline the bonus offer to begin with, or you can forfeit the bonus at any time. If you end up forfeiting then you would lose your bonus funds and you’d just be left with your initial deposit amount instead.
Some of the best online casino bonuses include the Matching Deposit Bonuses and the No Deposit Bonuses, plus you can also now find Free Spins Bonuses, Cashback Bonuses, Rewards Points / Loyalty Points Bonuses, Anniversary Bonuses & Birthday Bonuses and lots of other exciting bonuses and promotional offers.