Online Casino Bonus Wagering Requirements in a Nutshell
Date Added: October 30, 2014
When you visit a New Zealand online casino today, you will be able to claim one of several great bonuses and these bonuses usually come with wagering requirements. This is the amount in which you have to spend before you can withdraw any of your bonus winnings. Wagering requirements are also often referred to as playthrough requirements.
One of the most common online casino bonuses is the matching deposit bonus and you generally have to wager somewhere between 30 and 50 times the bonus amount before you can withdraw any winnings that you make. Let’s take a look at a quick example of how this works. The casino that you just signed up to could be offering each new player a 100% matching deposit bonus worth up to NZ$1000.
This bonus means that you can deposit up to NZ$1000 and the operator will match your deposit dollar for dollar. This particular bonus could also have a 40x times wagering requirement attached to it. If you deposit just NZ$20, it means that you will be required to wager NZ$800 in the casino before you can withdraw your winnings (40 wagering requirement x NZ$20).
As soon as you have wagered the full NZ$800 you will be able to withdraw any bonus cash that you managed to make. You should also be aware that most wagering requirements need to be completed within X amount of time. You might have just one week to complete the wagering requirements, or you could have one month. This will vary a great deal from one online casino to the next.
If you do NOT complete the wagering requirement within the allotted time, you will simply lose any bonus cash that you managed to make and you will be left with the initial NZ$20. There is nothing stopping you from forfeiting your bonus cash at any time and this means that you won’t need to complete any more wagering requirements.
Head over to any of our highly recommended NZ online casinos today and check out some of the best bonuses available online today. All of these bonuses come with realistic wagering requirements which shouldn’t take you too long to complete. You can find some great bonuses at Red Flush Casino, Royal Vegas Casino, Spin Palace Casino, Casino-Mate, Omni Casino, Jackpot City Casino, Crazy Vegas Casino, Mansion Casino and Casino.com.