Terms and Conditions of Your Paysafecard Casino Bonus
As with most good things in life, there are always a few strings attached. Casino promotions are no different — before you sign up to a Paysafecard bonus, you’ll need to thoroughly read through the terms and conditions of the offer so you understand any requirements or limitations.
Educating our readers about these T&Cs is important to us at GamblingDeals, as certain terms can wipe out the true value of a bonus. Read on and we’ll break down some of the key conditions to watch out for.
Wagering requirements are arguably one of the most important terms to watch out for. As they need to be met before you can withdraw any winnings resulting from the bonus, they have a major impact on the potential rewards to be gained.
Say, for example, you’ve found a 100% matched deposit bonus up to £50 with 30x wagering requirements on the value of the bonus. If you claim the full amount and receive £50, you’ll need to wager £1,500 (30 x £50) of your own money before winnings associated with the bonus can be cashed out.
Although 30x–35x wagering requirements are considered the middle ground, these are still quite hard for most players to reach. Some offers calculate the requirements based on the combined deposit and bonus value, which puts a withdrawal even further out of reach. For that reason, we suggest treating a bonus as a way to familiarise yourself with a site and its games instead of a way to make money. If a cash return is your priority, you should look out for low or no wagering offers instead.
Game weighting further complicates wagering requirements by stipulating how much a given title contributes to them. Here’s an example of game weighting you might see at a Paysafecard casino:
- Slots – 100%
- Live casino games – 20%
- Blackjack and roulette – 10%
- All other RNG table games – 50%
Say you wager £100 on slots — that amount will count fully towards meeting the wagering requirements. However, wager £100 on blackjack and it’ll only count as £10, meaning you’ll have to wager ten times as much to meet the requirements.
Games with low house edges tend to see lower weighting — blackjack often finds itself in this category as its edge can be minimised to under 0.5%.
Once you claim a Paysafecard casino bonus, the clock will be ticking. You’ll always find a time limit within the T&Cs in which you need to use your bonus and meet the wagering requirements, otherwise any remaining credit and associated winnings will be forfeited. Times can vary between just 24 hours to a month or two — in particular, free spins tend to come with shorter time limits of just a few days.
You should always check which games you can use your casino bonus on before you claim, or you could be left disappointed. Matched deposits can generally be used on a wider range, including slots and table games, while one or two specific slots titles are usually the focus of free spins offers — Starburst and Book of Dead are two of the most common choices. If you want to play live casino games with a bonus, it’s worth looking for an offer tailored to this category as it’s sometimes excluded from regular bonuses.
If you use an excluded payment method for the qualifying deposit, you won’t be eligible to receive your bonus. This term is particularly important to watch out for if you’re looking to claim using Paysafecard, as the option sometimes finds itself on this list. e-Wallets like PayPal and Skrill are also commonly excluded from claiming bonuses, while Visa or Mastercard debit cards are always allowed.
Another term that can impact the possible return of a bonus is a winnings cap. This condition stipulates the maximum winnings you can receive from a bonus. Say you’ve claimed an offer with a winnings cap of £100 — win anything over this amount and you’ll forfeit the extra.
Although you might see this as a negative, if you manage to hit a winnings cap, your session has certainly been a success. And don’t forget that your winnings are likely to be subject to wagering requirements anyway.