Bonus Terms For 50 Free Chip No Deposit Bonuses
Casino bonuses are subject to terms that vary from casino to casino. We recommend reading free $50 chip bonus T&Cs to compare several bonuses and casinos.
Here are a few advantages of reading bonus T&Cs:
- Bonus terms tell you everything you need to know about the bonus.
- You can accurately determine the actual value of the free $50 chip.
- You can avoid conflicts with the online casino in the future.
Bonus wagering requirements refer to the number of times you must wager your 50 free chip bonus before cashing out the winnings. Online casinos express wagering requirements as multiplier values.
For example, if a 50 free chip has a wagering requirement of 40x, you must wager $50 forty times or $2000 before requesting a cashout.
The wagering requirements may also apply to your qualifying deposit amount in case of deposit 50 chip bonuses.
Here is an example of a 50 no deposit bonus wagering requirement:
Brango Casino gives all players a $60 no deposit bonus subject to a 45x wagering requirement. This means you must stake an amount equivalent to 45x times your bonus to cash out your bonus winnings
Here’s how the wagering requirement is calculated:
$60 bonus x a 45x wagering requirement = You must wager $2700.
When you’ve wagered $2700 and completed the wagering requirement, the remaining funds your bonus balance are transferred to your cash balance. You can finally cash out your winnings!
And here’s an example of a wagering requirement applied to both your bonus and the deposit you made to claim it:
Brango Casino’s $200 match bonus is subject to a 40x wagering requirement. The wagering requirement applies to both the bonus and your qualifying deposit.
In other words, you must play an amount equivalent to 40x the value of your bonus and your deposit to withdraw your bonus winnings.
Let’s assume you deposit $20 and claim this bonus. Now, you must wager $8800 to convert the bonus funds to real money you can withdraw.
Have a look at this calculation:
- $20 deposit + $200 bonus = $220.
- $220 x a 40x wagering requirement = $8800 to wager.
So, when you’ve staked $8800, any funds left in your bonus balance will be converted to real money and transferred to your cash balance. Now, you can withdraw your bonus winnings!
Win caps prevent you from withdrawing all your bonus winnings. Online casinos apply win caps to free $50 chip bonuses to maximize their bonus profits. Win caps vary from $10 to $200 at most online casinos.
For example, if you win $200 using a 50 free chip with a win cap of $100, you can withdraw only $100. The rest of your winnings belong to the online casino.
Bet limits help online casinos profit from bonus offers by limiting the amount you can bet per spin or round while clearing a bonus. Usually, the bet limit is $5. You cannot exceed the bet limit while wagering your bonus.
Online casinos exclude high volatility slots and games with a high return to player (RTP) percentage from their free 50 chip offers. They do not want you to use your bonus on these games and hit massive wins.
Game Weighting Percentage
Bets placed on all games do not contribute equally towards meeting the free 50 chip bonus wagering requirements.
For example, slots contribute 100%, table games contribute 10%, and progressive slots contribute 0% towards clearing the free 50 chip bonus wagering requirements.
If you wager $100 on slots, $100 counts towards satisfying the wagering requirements. But if you wager $100 on the table games, only $10 counts. Wagering on progressive slots does not count at all.
You will clear the 50 free chip and withdraw your winnings faster if you play only slots for real money.
No deposit free chips bonuses have expiry dates. You have to clear the bonus before it expires to withdraw your free 50 chip winnings. If you fail to do so, you will forfeit your bonus winnings.