The Complete Guide To Understanding T&C’s
Written by Julie
Published date · Feb. 4, 2021 | Last Updated · Dec. 14, 2022 | Read Time: 2 mins
You’ll find that online casinos have T&Cs which players adhere to when playing on their platform. Many don’t go through these terms as the document can be cumbersome at best. These terms can be found on promotions, mailer sign-ups, bonuses, and some online slot games.
Failing to read the terms before starting to bet online doesn’t mean that you are exempted from them, or that you will not face the repercussions of failing to read through them. For example, you need to be at least 18 years old to bet at online casinos in the UK. This guide will instruct you to learn the most common online casino terms and conditions to avoid any potential issues.
One of the most common requirements with online casinos, wagering requirements translates to the amount of cash, players have to wager/bet before they can withdraw the funds. Usually shown as a multiplier, based on the player’s bonus, deposit, or both.
A typical example of this could be as follows: 30x for both the bonus and deposit funds, you have to wager your bonus and deposit money 30x before you can withdraw your winnings. Wagering requirements can differ for each casino and can be anywhere from 20 – 60. You may find that some casinos offer promotions or bonuses with no wagering requirements – so make sure you take advantage!
In addition to this it’s always worth checking which slots are within the requirements, as not all games can help you complete the wagering and meet the condition with certain promotions or bonuses.
Excluded Payment Options
Casinos can sometimes restrict payment options from their deposit bonuses. E-Wallets, including Skrill and Neteller tend to be the most common in terms of exclusion. Essentially this means that players won’t be able claim a deposit bonus if they used the excluded methods to deposit funds into their betting accounts.
Selected E-Wallets may fall in to this list due to the anonymity they can offer, which contradicts the Know Your Customer (KYC) regulations. Bank accounts and debit cards are easier to authenticate and identify players against fraudulent activity.
Withdrawal and Bet Limits
Withdrawal limits can be one of the most ignored terms by players, most online casinos have a cap on the size of bets players can place with their bonus money and the amount players can win from it. For instance, if you were to win £3,000 and the withdrawal limit is £1,000, you’d then forfeit the extra £2,000 of your winnings. Casinos communicate bet limits in the form of a percentage of the bonus amount, betting more than the limit could risk losing your winnings.