Maximum Win Limits
Another way online casinos protect themselves from customers making a lot of money out of promotions is by imposing a maximum win limit. This can be set at a surprisingly low figure, which is a blow for anyone hoping to make a ount of profit out of a casino promotion.
The combination between a high wagering requirement and a low maximum win can put people off from claiming an offer when they sign up for a new account at an online casino in India.
You are fortunate enough to land a jackpot with one of the free spins you were given. But, because of the maximum win, you will only receive a small amount of that cash award.
Most of the top online casino promotions and offers that are made available to Indian casino customers also come with some sort of time limit.
This means there is not an unlimited amount of time to work through the wagering requirement. Typically, the time limit might be set at one or two weeks.
This means those who like to take their time over casino promotions might find that the bonus money is taken away from their accounts before they have had a chance to unlock it.
Again, time limits are a way that online casinos protect themselves from losing a large number of their profits through the use of promotions and bonuses.
Luckily, there are a few good ways to wager casino bonuses and collect the best possible opportunity of being able to withdraw the money as real cash from an online casino account.
Payment Method Restrictions
Some casino bonuses come with payment method restrictions which means you cannot claim the bonus if you deposit with a certain payment method such as Neteller or Skrill. These restrictions are often in place for e-wallets which can be an issue if you are playing from India, as e-wallets are one of the best options for deposits and withdrawals.
But, a lot of online casinos and betting sites now offer local payment methods such as PhonePE, PayTM, UPI (Netbanking) so players from India are not as reliant on other e-wallets such as Neteller. Skrill, & Google Pay are often included in the payment method restrictions for welcome bonuses.
Best Way to Wager Casino Bonuses
As we have talked about in our ultimate guide to casino bonuses and offers, it can be difficult to turn bonus money into real cash as a result of the terms and conditions of such deals.
But there are ways customers can give themselves the best possible chance to do so. One of these is to pick the games they play carefully.
Naturally, it is necessary to stick with games that offer a full 100% contribution to the wagering requirements that are in place. For most online casinos, this will only be online slot games.
From here, picking the right slots to play can also make a big difference. Slots have something called RTP, which stands for the return to player. Displayed as a percentage, it demonstrates the value offered by an online slot.
As an example, 97% RTP would usually be seen as a good value for a slot game. On the flip side, any slot at around online casino with paysafecard the 95% mark, or even lower, is usually a poor value.
This might not seem like a big gap, but if you have a lot of bonus money you are trying to turn into real cash by meeting wagering requirements, it can make a difference in the long run.