Bonuses are a great way to reward players. They exist so players can have a better chance of winning the prizes. First-time players get a welcome from the casino site in the form of a welcome bonus or package. Regular players can enjoy no-deposit bonuses, weekly and daily promotions, live dealer bonuses and many other types of casino bonuses. The thing is, most of these bonuses come with wagering requirements you have to fulfill to enjoy your reward. This is why some casinos offer bonuses without such requirements. Additionally, some of them also offer a bonus that falls in between and that bonus is called the forfeitable bonus.
Online casinos are brimming with players from all over the world for a few reasons. They have a large selection of games players can choose from. This includes the classic table games such as poker, blackjack and roulette and the modified versions of these games. The selection isn’t complete without a selection of slot games players can choose from. Security is paramount when you’re online which is why these websites have extensive security measures. This provides a safe environment for the players. Additionally, each casino has a few payment methods players can use. However, the thing that gets the players’ attention is the bonuses.
As mentioned above, the forfeitable bonus is one that falls in between. Some might argue that it’s a classic bonus as it has wagering requirements. This is true because a forfeitable bonus does have such requirements. So does this mean that you have to fulfill those requirements to get your prize? Well, not really... but.
Some bonuses are awarded right after the player makes the minimum deposit. This is great as it gives players more money, spins or chips to play with. However, normally, there are limitations and rules to these bonuses. For example, imagine you get an extra €50 for depositing €10. Here, in this case, you have a wagering requirement to fulfill. So, if you’re on your tenth wager and you happen to win €1,000, you couldn’t withdraw the prize money as you have to wager the bonus several times more. This is where forfeitable casino bonuses make a difference.
If you find yourself in a similar situation with a forfeitable bonus, then you can get your reward without completing the wagering requirements. This makes the forfeitable bonus something every player would like to have. It’s ideal for players as it comes with loose strings attached to it. They can continue playing with the bonus money. This is probably the reason why only a few casinos offer a forfeitable bonus.
What is a Forfeitable Bonus?
The key to understanding what a forfeitable bonus lies in its name. To put it simply, a forfeitable bonus is a bonus you can forfeit. You can do this whenever you want to. If a bonus served as an example of a win-win situation for the player and the casino, this would be it. Despite having wagering requirements you can stop using the bonus midway. If you manage to win a prize, you can keep your prize without fulfilling the requirements. On the other hand, if you don’t win anything then you can play the bonus money from the bonus. This is possible because you play with your money first and you can use the bonus money as a reserve, the opposite way normal bonuses work.
How Does a Forfeitable Casino Bonus Work?
The way a forfeitable casino bonus works is simple. Here’s an example to illustrate it. Imagine you receive a forfeitable bonus at some casino site. You deposit €100 and the bonus you chose is a 100% bonus. This means that you have an extra €100 to play with on top of your own €100. So you start playing and manage to win some money. You now have to chose to collect your prize and, thus, forfeit the bonus money. No foul, no harm done, you walk away with a tiny win. But if you lose, you can still keep on playing with the bonus money. Winnings from these bets are tied to a wagering requirement.
The type of bonuses offered always depends on the casino site offering them. This goes for forfeitable casino bonuses as well. Naturally, there is more than one type of forfeitable bonus. The key to finding the best one is to do your research. The easiest way to find the best offers is to use the filters on top of the list on this very page. Then you should make a decision based on your needs.
Compare Forfeitable Bonuses
As mentioned before, different online casinos offer different bonuses. Research is essential to find such casinos and bonuses. This is why we strongly advise you to find a couple of different forfeitable bonuses and comparing them before you make a decision on which one to use. Simply apply your own filters to the above list to find the best casinos with a forfeitable bonus.
Casinos with Forfeitable Bonuses
Now that you understand the way a forfeitable bonus works you can understand why it isn’t available at most casinos. It works heavily in the favor of the player which disrupts the casino-player balance. This means that you’re going to have to do some research to find the casino sites that enable you a forfeitable bonus to use.
Forfeitable Bonuses, Do They Have Wagering Requirements?
The forfeitable bonus is, sadly, subject to wagering requirements. However, players don’t have to fulfill those wagering requirements fully or at all. In the former case, you can stop wagering on your first, second or third wager if you managed to land a win, and you’ll be able to withdraw it. In the latter case, you will be able to withdraw your deposit but you’ll have to forfeit the bonus money. This bonus is great to have when you see that you’re losing at a game and you see your money dwindling. When you’ve played through your own deposit, the bonus money activates, giving you a second chance to return your money.
