Promotional Offers: How to Read the Terms

Promotions look great on the surface — bigger balances, extra spins, and a sense that you’re getting ahead. But the details in the terms and conditions decide whether an offer actually improves your bankroll or just creates more work. Before you enter a coupon code or hit deposit, learn which clauses affect your chances of converting bonus play into withdrawable funds.

Decode the numbers that determine what you can keep

Wagering requirements are the headline figure you must understand. They tell you how many times you must play through the bonus (or bonus plus deposit) before winnings become eligible for withdrawal. Examples from Velvet Spin Casino show how different offers change the math:

• Welcome Bonus (VELVET300): 300% match + 30 free spins — 30x wagering, $20 minimum deposit.
• No Deposit Free Chip (VELVET50): $50 free chip — 40x wagering, maximum cashout $100.
• Night Owl Reload (NIGHTOWL): 290% match — 20x wagering, $60 minimum deposit.
• Morning Reload (MORNING250): 250% match — 30x wagering, $30 minimum deposit.
• No Deposit Free Spins (SPIN100): 100 free spins on Cash Bandits 3 — 40x wagering.

When you see “30x,” multiply that by the bonus amount (or the free-spin winnings if specified) to find how much playthrough is required. If a $50 bonus carries 30x, you need $1,500 in qualifying wagers before you can cash out the resulting balance.

Sticky bonuses: what they actually mean for your cashout

Velvet Spin uses sticky bonuses. That means the bonus exists solely to boost your wagering power; it won’t remain when you request a withdrawal. If you try to withdraw before meeting the playthrough, the bonus will be removed and you’ll only be able to withdraw the remaining eligible balance. Treat sticky offers as fuel for more spins and more chances to hit a win — not as immediately withdrawable cash.

Check game eligibility and weightings before you play

Not every game contributes equally toward wagering. Velvet Spin lists slots and keno as eligible for most offers, and some free spins are tied to a specific title (for example, SPIN100 targets Cash Bandits 3). Using ineligible games or misreading which titles count will waste playthrough progress. If you prefer Real Time Gaming titles like Sparky 7 Slots, confirm they’re eligible before you wager.

Watch for max cashout rules and opt-in requirements

No-deposit offers often include a maximum cashout cap — Velvet Spin caps these at $100. Deposit bonuses at Velvet Spin generally have no maximum cashout unless the specific offer states otherwise. Also note: bonuses are not auto-applied. You must redeem the correct coupon code in the cashier before depositing or claiming a no-deposit chip. Miss the opt-in moment and you may lose the promotion.

Payment methods and minimums can affect eligibility

Different payment options and currencies (Velvet Spin accepts Bitcoin/BTC, MasterCard, Neosurf, Visa, eZeeWallet, and supports AUD and Bitcoin) may be treated differently in the terms. Some casinos exclude certain deposit types from promos or require higher minimum deposits depending on the offer. Always confirm the minimum deposit (examples: $20 for the welcome promo, $60 for Night Owl) and whether your preferred payment method is accepted for that specific bonus.

Practical reading strategy — what to check first

Skim the full T&Cs quickly, then focus on these clauses:

• Wagering requirement and how it’s calculated (bonus only vs. bonus+deposit).
• Eligible games and any contribution weightings.
• Minimum deposit and any country or payment exclusions.
• Max cashout limits for no-deposit offers.
• Whether the bonus is sticky and what happens at withdrawal.
• Opt-in method and exact coupon code wording.

Taking five minutes to confirm these points saves hours of wasted play and prevents nasty surprises at withdrawal.

Use promos that match your gameplay and bankroll

High-percentage boosts look exciting but can come with high wagering and steep minimum deposits. If you play low-stakes slots with small coin sizes, a lower-percentage bonus with a smaller wager multiplier may convert to withdrawable cash faster. Conversely, if you like big-bet sessions, a larger match bonus can amplify your session — provided you can cover the required playthrough.

Promotional codes and reloads change often and some offers are limited time — if a code matches your plan and bankroll, go for it, but always confirm the terms first. Want the full casino overview? Read our Velvet Spin Casino review to see how these offers fit with their banking and game lineup.