Online casinos have reached mass scale popularity and diversity, offering their services to players all the way from the Americas, through Europe and Asia, to Australia and New Zealand. The latter have only recently been fully introduced to the possibilities offered by the market of online casino bonuses and still need some further guidance.
What is a Casino Bonus?
First and foremost, the essence of casino bonuses is to provide player benefits that would increase and sustain traffic on any platform. Considering that a casino bonus is mainly used as a promotion tactic with a benefit for players willing to claim it, even the best casino bonuses in New Zealand are constructed with specific characteristics and limits in place. Still, the one thing they tend to have in common is the need for players to deposit an initial amount in order to get a match bonus.
How to claim a casino bonus
Most casinos will require New Zealand players to confirm that they want to claim the bonus while depositing, and another portion of the operators might need them to input the specific casino bonus codes. Either way, it should be easy and time-saving in order to fit any player type, from the experienced grinders to the first-timers.
When claiming any specific deposit bonus, there is one thing you must be aware of in order to ensure that you have made the right choice. Namely, the casino is only willing to provide players with all kinds of benefits due to the fact that it will become profitable in the long run. Most casinos tend to impose various wagering requirements on their casino promotions as a means to limit player moves and their ways of using the bonus privileges. These requirements are viewed as the terms and conditions, and they dictate everything from the bet size, through the bonus amount, to the permitted withdrawals of all New Zealand players.
Casino Bonus Terms and Conditions Explained
Before going any further, you should be aware of the fact that no deposit bonuses are also a possibility, but since you don’t invest any of your cash in them, they tend to offer smaller bonus amounts on the whole, with higher wagering requirements. As for deposit bonuses, like deposit $10 get bonuses, the bet amount often includes a minimum and maximum deposit restriction – that way, only truly interested players will follow through, yet they won’t do any financial damage to the casino by placing huge deposits.
The bonus amount is directly related to this point, but the withdrawal limits are a whole different subject. They can end up determining the entire bonus type, predominantly distinguishing between a sticky and a parachute bonus. The former is a common type, and it suggests that your bonus amount can be used for betting, but cannot be withdrawn, while the parachute bonus allows players to withdraw the bonus amount along with winnings, even before meeting all wagering requirement.
Still, other restrictions are set in place, often in relation to the game selection that redeems the bonus or simply to the number of times you can claim it. After all, there are only so many occasions you can receive a welcome bonus from a single casino operator.
As soon as you receive a casino bonus you will also be asked to wager it before you can withdraw any funds. Let’s take an example. You’re a new player and you make a deposit of $100. You receive a 100% casino bonus on top of your deposit. That means you now have $200 to play with online casino elk. A very common wagering requirement is 35 times the bonus amount. This means that you have to place bets for a total amount of $100 * 35 = $3500. If you place a $1 bet on a slot machine, $1 is deducted from the wagering requirements, leaving you with $3499 that you need to wager.
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