Wagering requirements are the most important factor. A 30x wagering requirement on a $200 bonus means you must wager $6,000 total before withdrawing bonus-derived winnings. At a slot RTP of 96%, your expected loss over that $6,000 of play is roughly $240 — more than the bonus itself. This doesn't mean bonuses are always bad value; it means you need to calculate the real cost before opting in.
Eligible games matter enormously. Most casino sign up bonuses allow slots to contribute 100% toward wagering, while blackjack might contribute only 10% and roulette 0%. If you prefer table games, a slot-heavy bonus structure may be nearly impossible to clear. Always check the game contribution table in the terms and conditions — it's usually buried but critical.
1
Wagering Requirement: Industry average is 20x–40x. Lower is better. Under 20x is exceptional.
2
Eligible Games: Slots = 100%. Table games = 10–25%. Some games excluded entirely.
3
Time Limit: Most casino sign bonuses expire in 7–30 days. Missing the deadline forfeits the bonus and any winnings.
4
Max Cashout Cap: No-deposit bonuses typically cap winnings at $100–$200, regardless of how much you win.
5
Minimum Deposit: Usually $10–$20 for deposit matches. Using a bonus code incorrectly voids the offer.
📊 Wagering Example
Your Deposit$200
100% Match Bonus+$200
Wagering Req. (30x)$6,000
Avg. Slot RTP96%
Expected Loss~$240
Real Bonus Value~$160 net