Casinos provide various entry bonuses to tempt new visitors to sign up. They also have other forms of bonuses for retaining existing casino players. One common thing about casino bonuses is that they have terms and conditions. These are known as wagering requirements or playthrough requirements. We will discuss wagering requirements today. Read on to discover everything you should know about casino wagering requirements.
Wagering Requirements – an Overview
The term “wagering” comes from the word “wager.” It refers to a bet, stake, or gamble. You choose a bet size depending on the game you wish to play at an online casino. When you create a new casino account or log into an older one, you can encounter different types of bonuses.
Whether these are free spins, cash bonuses, or weekly tournaments, they come with some conditions. These are called wagering requirements. They state that you should stake a given amount of cash before collecting your bonus or winnings. Casinos may interchange wagering requirements and playthrough requirements. Both terms mean the same thing, as earlier noted.
How Wagering Requirements Can Help You Get Bonuses?
So far, you understand that wagering requirements are conditions to meet before cashing out your bonus money or winnings from it. However, how do these conditions work? Every casino bonus at https://www.slotozilla-pl.com/pl/kasyno-online/kasyno-na-pieniadze is unique and comes with specific rules.
For instance, a cash bonus requires you to bet via a specified multiplier. This multiplier takes this form: x20, x30, x40, x50, etc. You can complete your wagering requirements on bonus cash alone. Alternatively, you can meet the playthrough requirements of a match deposit bonus plus a cash bonus. Let us see how wagering requirements work in each scenario:
Example 1: Bonus Cash
After joining a casino, your next move may be to claim a welcome bonus. Let us assume that the offer is 100% up to 100. Again, let us imagine that your wagering requirement is x40. If you deposit $100, you can claim an extra $100 in bonus cash.
To withdraw the free cash bonus, you must first play it thirty times. Thus, this is how you calculate the wagering requirement for this bonus type: $100(bonus) x 40= $4,000. You can only withdraw your bonus cash after wagering $4,000.
Example 2: Initial deposit + cash bonus x wagering requirement
A casino might have you deposit money and get a specified bonus after meeting the wagering requirement. Simultaneously, it might ask you to wager your cash bonus. Let’s say your wagering requirement is x30. If you need to claim a 100% match bonus up to $150 and $150 of bonus cash, your computation should look this way:
Bet a $150 deposit plus a $150 bonus 30 times. Here is the math: $300 x 30=$9,000.
It means you must stake up to $9,000 before cashing out your deposit bonus, cash amount, or winnings from them. The table below simplifies the wagering requirement math for a sticky bonus.
Sticky Bonus: First Deposit + Bonus Amount | Wagering Requirement | Total Bet ($) |
$50 + $50 = $100 | X20 | 100 x 20 =$2,000 |
$100 +$100 = $200 | X30 | 200 x 30=$6,000 |
$200 +$200 = $400 | X40 | 400×40=$16,000 |
$300 + $300=$600 | X50 | 600 x 50= $30,000 |
As you can see, a sticky bonus can give you a decent amount to withdraw if you finish the wagering requirements. The numbers in the table above are just for information purposes. Large total bets such as these are rare. So, use these numbers to understand this equation: First/initial deposit + bonus cash x wagering requirement = Total Bet.
Wagering requirements for Free Spins and Free Bets
Casinos’ most frequent offer is free spins. After all, free spins do not involve money, and casinos can use them without any losses. Still, casinos cannot provide free spins without attaching to them some conditions.
If you want to withdraw winnings from bonus spins, you should first meet the given wagering requirements. Likewise, these wagering requirements feature the same multipliers stated above. Some casinos have free bets for their players.
If you encounter these, you will meet some playthrough requirements first. After completing them, the casino might let you collect the bonus after depositing a specified amount. Alternatively, it might have you wager on a sport using given odds.
How to Beat Your Wagering Requirements?
First, you should understand how to calculate your total bet. We have demonstrated this above. Secondly, read the terms and conditions of your bonus offer. Casinos often mention the wagering requirement within the bonus T &Cs. Other bonus terms and conditions to meet are:
- Make your first deposit
- Claim bonus within a specific duration
- Get the bonus if you use a particular payment method
- Meet a given wagering requirement
- Agree to the limit on how much you can win from a bonus
Not all bonus terms and conditions are fair to players. Avoid claiming a bonus if you read the rules and find them complicated. For instance, a casino can limit the amount of winnings you can withdraw. Most players do not find this attractive. Additionally, a casino might attach a very high multiplier to a bonus. It means you will find completing the playthrough requirement and cash out hard.
Games You Can Play
Many casinos attach their bonuses to slot machines. Hence, slot games contribute 100% of your wager to the playthrough requirements. Card games and table games may contribute fifty percent or less to the wagering requirements. Thus, you can meet your wagering requirements faster by playing the best slot games.
Choose slots wisely by checking their Return to Player values and variances. Lower RTP games are normally more volatile, meaning they pay out less often. However, when they pay out, the winnings are chunks of money. You can try these slot machines first to build your bankroll. Later, try low to medium-variance games with high RTP and small payouts often.
Verdict
After reading this article, we hope you understand something about wagering requirements. If you want to try online gambling, you will always deal with wagering requirements. They are mandatory when claiming online casino bonuses. Read the bonus’ Terms and Conditions to discover its wagering requirement.