When accepting an online casino, perhaps a 100% matching deposit bonus worth up to NZ$500, it doesn’t mean that you have to deposit NZ$500 to receive the bonus. This just means that you can deposit up to NZ$500 and this is how much the casino is willing to match your deposit by, so there’s no point in depositing more than the bonus is worth because in this case you would only receive a maximum NZ$500 bonus.
There is usually a minimum amount that you can deposit at most online casinos and this can range anywhere from as little as NZ$5.00 to NZ$20.00. Let’s just say that you deposited a total of NZ$50 on your first ever deposit with the 100% match bonus offer. This means that the casino will effectively double your initial deposit, giving you a total of NZ$100 to play with (NZ$50 deposit + NZ$50 bonus).
You couldn’t then simply withdraw this bonus cash, you would have to wager X amount in the casino before a withdrawal becomes possible. Most online casinos bonuses have between a 20X to 60X times wagering requirement attached to them. With the same example above and with a 40X wagering requirement, it means that you would have to wager a total of NZ$2,000 before you can cash out any winnings that you make.
In other words, the lower the value of the wagering requirement is, the better it is for you and the quicker you will be able to get your hands on any potential winnings that you make. Remember that you generally have just one month (or maybe just one week) to complete your wagering requirements otherwise you will lose your bonus cash. If you get fed up with having to complete the wagering requirements you could also just forfeit the bonus and in this case you would be left with your initial deposit.
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