Casino rewards come with pre-set terms you have to meet before you collect your winnings. One of these is the wagering requirement. This is the number of times you have to play through a bonus amount. Discover the necessary details about this in our review.
What Are Bonus Wagering Demands?
This term expresses a multiplier, that is, the number of times you have to bet a given reward. Without the fulfillment of this condition, withdrawal of bonus winnings will be impossible.
This demand varies from one online casino or bonus to another. Wagering requirements can be anything from 1x to 100x. More typically, you’d find something between 30x-50x. Then, there’s also the period, within which you must meet the requirement.
For example, a welcome bonus in Casino Mega has a wagering requirement of 60x. That’s a lot. Meanwhile, you have 30 days to meet it. That’s a lot, too. And so this offer is more beneficial than a standard 30x wagering requirement that must be met within 7 days.
Some offers do not have playthrough requirements. These are the no-wager bonuses.
How Wagering Requirements Work
Let’s say, a player receives a $10 bonus with a 20x wager requirement. They must wager $200 (20×10) to meet this requirement. For each wager, there’ll be a maximum limit (e.g., no more than $20).
If there isn’t any wagering requirement, the bonus cash is free. If the requirement is 1x, the player will only wager the sum of the deposit (or that of the deposit plus bonus, we’ll review that in more detail below). Both types are rare though.
Different Types of Wagering Requirements
There are two major types of wagering requirements:
- Bonus-only: You only wager the bonus amount.
- Deposit + bonus: You wager your deposit plus the bonus cash.
Games Contribution to Wagering Requirements
Online casinos often specify games that you can play to fulfill this demand. Sometimes, if you are lucky, you can use your bonuses on all regular casino games. However, some games contribute towards fulfillment more than others.
For instance, slots may contribute 100% towards completing the playthrough requirement, while live games contribute 50%. Therefore, you will have to play live games twice to get the same contribution as playing slots brings.
Wagering Requirements vs. No Wagering Bonuses
Bonuses with wagering requirements are often bigger, allowing you more playing time as opposed to no-wagering bonuses. However, playthrough requirements can be challenging to meet.
The time limit and game restrictions often make it almost impossible to wager these bonuses before they expire. Bonuses without wagering requirements let you withdraw your wins instantly.
Time Limits and Wagering Requirements
Playthrough requirements come with time limits. Very often, the period online casinos allow for meeting these requirements can be too short. If you fail to meet the requirements within this period, your offer expires.
Hidden Terms to Watch Out For
There are some bonus requirements you must look out for. These are maximum bet limits and game restrictions.
The maximum bet tells you how much you can wager at once when fulfilling the wagering requirement. This amount should be reasonable. Also, game restrictions tell you the titles which you can play with bonus funds.
3 Pro Tips for Meeting Wagering Requirements
#1 Play Games with High Contribution
Slots are the best because they contribute 100% to the wagering requirement. Sometimes, the casino will give you a list of eligible games.
#2 Take Advantage of Time Limits
Claim bonuses that give you enough time to complete wagering requirements. Stay away from those with short duration to avoid rushing your wagers and making costly decisions. Always check the duration before claiming the bonus.
#3 Avoid Exceeding Maximum Bet Limits
Do not bet more than the specified bet limit. If you do so, you won’t be able to withdraw any wins accumulated when playing with bonus funds.
So should you, indeed, keep in mind ALL of it when using casino bonuses? If you want to benefit from those, then, yes. As you’ve just seen, the bonus sum says little about its real value. You need to, at least, calculate how much this bonus encourages you to spend. If that’s too much (or too much for the given period), then, it may make sense to decline the offer.
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