Remember Terms and Conditions when chasing Casino Bonuses

casino-bonus-terms-conditions

One of the great things about playing at Drake Casino is that you'll have an opportunity to earn lots of bonuses and rewards away from the tables. For example, you can get up to a $5,000 welcome bonus, which is split over your first three deposits.

When you see a huge bonus like this, it's tempting to dive in head-first while only thinking about the cash. However, you should also consider any terms and conditions that may be behind a bonus. That's said, let's take a closer look at this subject.

Wagering Requirements

The main thing you want to look for when checking out terms and conditions are the wagering requirements. In most cases, these requirements are based on a multiple of the bonus plus deposit amount, and you must meet them before cashing out the reward.

To illustrate an example of this, let's use the Drake Casino welcome bonus where you need to wager 20 X the deposit plus bonus amount. So if you were to deposit $1,000, you'd need to wager a total of $40,000 [20 x (1,000 + 1,000)].

Now this may sound like a lot of money to bet, but keep in mind that online casino games usually offer 95% payback - at the least. So if you make some decent wager sizes, you'll have a good chance to earn your bonus.

Different Games count Differently

One more thing to consider besides wagering requirements involves how various games contribute differently to wagering requirements. Slots always count 100% towards requirements, while higher payback games like blackjack and baccarat will count less.

Now this might seem unfair, but you need to consider that blackjack (0.5% house edge) and baccarat (1.06% house edge) barely give the casino an advantage. And if they counted 100% towards wagering requirements, the casino would lose money on bonus deals.

Above all, just make sure to read the fine print for each bonus. By doing so, you'll get to see how realistic of a chance you have at earning the reward.

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