When you register an account at an online casino, you can often claim what is more commonly referred to as the welcome bonus. At some sites, it’s called the sign-up bonus.
Some new player welcome bonuses are more lucrative than others, and one of the most important things that players tend to overlook before accepting a welcome bonus or any other online casino bonus is the wagering requirement (aka rollover requirement or playthrough requirement).
The question being asked here is, are South African online casino bonuses worth claiming? Let’s take a closer look and find out.
What Are Online Casino Bonuses?
New player welcome bonuses, for example, are part of an online casino operator’s marketing strategy to try and entice new players to register an account with them and start playing regularly in the real money mode. This is great for players because there are so many attractive bonuses worth claiming.
A new player welcome bonus could be a matching deposit bonus, a free spins bonus, or even a free sports bet. One of the most exciting things about the official www.10bet.co.za website is that new players can currently claim ALL THREE of these bonuses – something which is extremely hard to find these days.
Online casino bonuses aren’t just for new players. After claiming your initial welcome bonus, you can also look forward to random bonuses at certain times throughout the year (e.g., birthday bonuses, anniversary bonuses on the day you signed up, etc.).
Most trustworthy online casinos today also have ongoing bonuses and promotional offers, like loyalty rewards programs, where you can earn redeemable loyalty points and unlock other bonuses just for playing your favorite games in the real money mode.
There has never been a better time to be an online casino player, especially if you live in South Africa. 10bet Games – South Africa’s number one casino site (which also has sports betting services) also runs the lucrative Level-Up loyalty rewards program with ten different levels of perks, benefits, and rewards.
What Are Online Casino Bonus Wagering Requirements?
One of the things that players don’t seem to understand when they claim online casino bonuses is that when they accept the bonus, they must also complete the wagering requirements before they can withdraw that free money.
If there was no such thing as the wagering requirement attached to bonuses, any free money that players receive could easily be withdrawn, which means players could just take that free money and spend it elsewhere.
Not everyone would be cheeky enough to withdraw that free bonus money, but a lot of people would, and, therefore, online casino operators would quickly go out of business if they didn’t attach wagering requirements to their bonuses.
In short, the wagering requirement is the amount of times your bonus money has to be wagered before you can withdraw any winnings you have left in your account.
Yes and no. For example, the 10bet welcome bonus is worth claiming. It comes with what players regard as low wagering requirements.
Remember, the lower the wagering requirements are, the better it is for you as a player. At 10bet Games, the initial matching deposit bonus money that you receive if you claim the welcome bonus only needs to be wagered 30 times, which, as mentioned, is considered low.
You will find that most online casinos today have a 35x, 40x, 50x, 60x, or even 70x times wagering requirement attached to their bonuses. Some even come with an annoying 200x times wagering requirement, which is just shocking!
In short, online casino bonuses with a 30x to 40x wagering requirement are usually worth claiming.
What Is The 10bet Welcome Bonus?
The 10bet welcome bonus is one of the most generous out there. It includes a 100% matching deposit bonus on the first deposit, a free sports bet (worth up to R500) to use on any bets with 1.50 odds or greater, AND 10 free spins to use in the casino on Yggdrasil Gaming’s popular Ancient Egypt-themed slot, Tut’s Twister.
The only payment method that is not included in the bonus is the 1Voucher prepaid voucher. To ensure you don’t miss out, deposit R50 or more using any other payment method accepted at 10bet. Examples include Visa and Mastercard credit cards, Blue Voucher, and Masterpass.
Your initial matching deposit bonus is worth up to R3,000 and comes with only a 30x wagering requirement. Therefore, if you deposit R1,000, you would receive R1,000 on top of your deposit, and your bonus money would then need to be wagered 30x times (R1,000 x 30 = R30,000).
It sounds steep, but don’t forget that a 30x wagering requirement is still low compared to other online casino bonuses. If the same bonus came with a 50x wagering requirement attached, you would have to wager R50,000 before you could withdraw instead of R30,000.
Also, remember that some online casino games (normally online slot machines) contribute more towards completing your wagering requirements than other games like blackjack, roulette, live dealer games, and most other games, which is also standard at almost every online casino in the world.
Most slots usually contribute 100% per R10.00 wagered, whereas blackjack or roulette may only contribute 0% or 5% per R10.00 wagered.
In other words, read the terms and conditions when claiming an online casino bonus to get the most out of it and to complete your wagering requirements in as little time as possible.
That’s the other thing; you usually only have a certain time to complete the wagering requirements, and if you don’t complete them in time, any winnings you made from your initial bonus money will simply disappear.
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