Find out why it is important to read the Terms and Conditions before you start gambling!
Find out why it is important to read the Terms and Conditions before you start gambling!
All online casinos have terms and conditions that players must adhere to while playing on their platforms. Players agree to these terms by checking a box during sign up. For many people, they don’t even go through these terms because the document seems long and tedious to read all the way through.
However, if you do not read the terms and conditions before starting to bet online, it does not mean that you are exempt or that you will not suffer the consequences of not complying with them. Some of the terms and conditions are bonus specific, some are not. For example, you must be at least 18 years old to bet at online casinos. Some casinos only accept players who are at least 21 years old. In this guide you will learn the most common terms and conditions of online casinos to avoid problems while gambling.
Online casinos give players a fixed time limit to wager their bonus money, after which it becomes invalid. However, they always give them ample time to do this and avoid losing the bonus amount. Expect between seven and fourteen days to wager your welcome bonus.
Free spins however, have shorter time limits. For example, a casino offers you ten for free every day spins. The catch: You only have 24 hours to use them. If you don’t meet this condition, you will lose the free spins.
Time limits are meant to remind players that they have bonuses to use. Casinos don’t want to deal with players who come back months later and claim a bonus they got and never used.
The withdrawal limit is one of the most ignored conditions by players. They don’t notice it exists until they have to withdraw and their profits are drastically reduced. Most online casinos have a limit on the size of the bets players can place with their bonus money and the amount they can win with them.
For example, if you win £3.000 and the withdrawal limit is £1.000, you will have to forfeit the extra £2.000 of your winnings. Casinos communicate betting limits in the form of a percentage of the bonus amount. If you bet more than the limit, you run the risk of losing your winnings to the casino.
With so many terms and conditions, you might wonder if casinos enforce them at all. A casino will always fall back on their terms if they break the rules even slightly. It doesn’t let players take advantage and do things the way they want. A casino’s regulatory body also expects both players and the operator to follow the rules to keep things in order and ensure seamless gambling experiences.
To avoid inconveniences such as missing out on a generous bonus, you should always follow the rules and abide by the casino’s terms and conditions. After all, these terms are intended to protect both players and casino operators.