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How casino bonuses actually work

Wagering requirements, max bet rules and the maths behind a 200% deposit bonus.

By Ben Azoulay

July 25, 2026

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A deposit bonus is only worth what its terms allow you to keep.

Wagering requirement: a 200% bonus with 40x wagering on a $100 deposit means $8,000 of turnover before withdrawal. On a 96% RTP slot that costs roughly $320 in expected value.

Max bet rules: most operators cap bets at $5 while a bonus is active. Break the cap once and the bonus and winnings are usually voided.

Game weighting: slots normally count 100%, live tables 10% or less. Clearing a bonus at the blackjack table takes ten times longer.

The short version: compare bonuses by effective cost, not by headline percentage.

Terms over promises.

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Ben Azoulay