The Online Casino Bonus Calculator is a free tool we have created to help you understand how casino bonuses work and if a certain welcome offer is a right fit for you. As we are sure you know by now, there are several kinds of promos available when you sign up with a casino.
To make things absolutely clear, we will be focusing on the deposit bonuses and how you can use this free online casino bonus calculator to understand what is the amount you need to play to be able to withdraw your winnings.
It shouldn’t be a mystery by now, but most welcome bonuses come with terms and conditions knowns as wagering requirements. They are written black on white, operators must display them clearly, yet nobody reads them! Fortunately, we review them in detail so make sure to familiarize yourself with them.
The number one complaint most players have with an online casino sounds something like this: “I won an X amount of $$$ and the casino won’t pay”! Sound familiar? First and foremost, a casino does reserve the right to protect its business, nothing wrong with that.
If everybody would just come along and collect the bonus money and just leave, that casino would not last very long. And on top of it all, the government comes along and says: You, like a casino, must discourage any money-laundering attempts and impose these set of rules. For these reasons, the online casino that is certified and regulated are highly responsible brands that undergo strict controls in order to ensure their player’s safety.
Things you’ll see on the calculator screen – Breakdown of the Fields:
The bonus calculator shouldautomatically calculate your bonus amount, total balance, and the total amount in your currency that you will need to wager in order to cash out your deposit and bonus.
Let’s use this information for a couple of examples. Let’s say you deposit $100 with a 100% deposit bonus percentage. The casino gives you 10x wagering requirements for the bonus only. You use it to play slots that contribute 100% towards the wagers. Put everything in the calculator.
Your bonus amount is $100, with a total balance of $200. The amount to be played is $1,000, that is 10x deposit (10x $100=$1,000). That is how the wagering requirements work.
Let’s analyze the second example. You feel lucky and deposit $200. The casino is generous and offers you a 200% match on your deposit. This time, the wagering requirements are 35x the deposit and the bonus amount (select by scrolling down in the deposit menu). The game contribution is still 100%. Let’s see how the results have changed.
You have a $400 bonus amount now. Your balance becomes $600 ($200 deposit + $400 casino bonus). The amount you have to play through is now $21k – 35x the deposit and bonus (that’s 35x $600). So we guess we make a valid point when we say pay attention to the wagering requirements.
Deciding which bonus to use is key. It either makes for a great relationship with your casino or you end up being one of those players who complain online. We have covered these bonuses extensively and we advise you to read our attached reviews. Chose smart – play smarter!
The Author
The Author