If you are considering signing up to a fully licensed and regulated iGaming site to place sports bets or play online casino games and want to know how you can win real money with any online casino bonuses you claim, you’ve come to the right place.

Let’s dive straight in to discover all there is to know about maximizing your bonuses, whether it’s a free spins bonus, matching deposit bonus, or cashback/net losses bonus.

How can I win real money using an online casino bonus?

When claiming any online casino bonus, whether it’s free spins for selected slots or free money from the casino because you deposited or received cashback on your net losses, the bonus you receive can always be used to win real money.

In other words, all online casino bonuses give players a chance to win real money, not free-play demo mode money with no monetary value. This is why online casinos are so popular in 2024.

If you walked into a land-based casino to play games for the first time, the chances are you wouldn’t receive any kind of welcome bonus unless you are a mega-rich high roller looking to spend huge sums of money; then perhaps you would get comped a room or free meals in their restaurant.

To win real money with casino bonuses, you must REMEMBER TO READ THE TERMS AND CONDITIONS attached to any bonuses you claim. They will tell you exactly what you must do to ensure you get the most out of your bonus.

What can online casino bonus Ts and Cs tell me?

Online casino bonus terms and conditions explain things like the wagering requirements, which must be completed before any winnings you make from your bonus cash can be cashed out.

Wagering requirements are sometimes referred to as turnover requirements, playthrough requirements and/or rollover requirements, depending on which casino you sign up to. It all means the same thing.

Wagering requirements are in place to prevent bonus misuse because if they weren’t attached to bonuses, the majority of players would probably withdraw the free money the casino operator gave them and spend it elsewhere.

If all players did this, online casinos would quickly go out of business. In short, the wagering requirement is the amount of money you must wager on qualifying games. When you have completed them, any winnings from the bonus you have left in your account are yours to spend in the casino or withdraw.

Online casino bonus Ts and Cs will also tell you how long you have to complete your wagering requirements, which games will contribute more towards completing them, and how long you have to claim your bonus before it expires.

What wagering requirements are regarded as reasonable?

That’s a good question. Remember that the lower the wagering requirement number, the better it is for you and the quicker you can complete them. Therefore, try to look for online casino bonuses with low or, at least, medium wagering requirements.

Most online casino bonuses today come with the following wagering requirements attached:

• 1x to 4x times the bonus amount – these are considered extremely low (the best you could ask for as a player) and quite hard to find
• 5x to 20x times the bonus amount – low wagering requirements (consider yourself lucky if you find bonuses with low wagering requirements)
• 25x to 50x times the bonus amount – medium wagering requirements (most common)
• 60x to 80x times the bonus amount – high wagering requirements (perhaps worth avoiding)
• 100x to 200x or more times the bonus amount – extremely high (worth avoiding at all costs)

With most bonuses, you may find that the initial deposit amount must ALSO be wagered on top of the wagering requirement before you can withdraw any real money you have made.

Final note

It cannot be stressed enough just how important reading the online casino bonus terms and conditions is. Most players forget to read them or can’t be bothered, which often leads to disappointment.

When reading the bonus Ts and Cs, they may also tell you that a certain payment method is excluded from the promotional offer. You don’t want to miss out on your bonus after depositing just because you didn’t read the Ts and Cs and deposited with the wrong payment method.