Wagering Requirements – Casino play-through explained The free bonus every player receives at every online casino is one of the best tools for those gambling websites to compete with each other. And no need to say that the players love them. And what's not to love – free money just for choosing a casino? WAGERING REQUIREMENTS EXPLAINED! Each online casino has its wagering requirements or playthrough. Wagering requirements are usually related to the minimum amount that a player must risk in real money to play a specific game after getting a particular bonus. For example, there might be a minimum wager of 10x at a slot game or 5x at a table game. Whether you an online slots lover, live blackjack or a Roulette game aficionado, wagering requirements apply in almost anything bonus-related at Canadian online casinos. You might further wonder what role do the wagering requirements play in casino games, so today we will discuss the part of wagering requirements, how to calculate them, and how. A wagering requirement is a number that represents the number of times you have to playthough either the bonus or the bonus + the deposit at an online casino before you are eligible to cash out. The number that represents the amount of playthough required for a bonus is typically assigned by the risk management team representing the casino.
As the iGaming industry is a highly competitive sector. The online casinos often offer various lucrative cash bonuses and promotions in an attempt to attract new players and retain the existing players. These promotion offers most often come with bonus wagering requirements. Which players need to complete in order to be able to withdraw any possible winnings made from the the bonus amount.
The online casino bonus offers and rewards are great as they can provide players with extended gameplay. Ultimately making for more fun and excitement. Here's an article that details everything you need to know about casino bonus wagering requirements.
What Are Bonus Wagering Requirements?
Most online casino bonuses usually come with a wagering requirement attached to them. Put simply, a bonus wagering requirement is the number of times a player must play through a bonus before being able to withdraw the bonus amount or winnings made from the bonus amount.
Wagering Requirements Explained: What Does Wager Mean? Folks, Here's a little video.
When you register for an account at an online casino and receive bonus money, you're usually asked to fulfill the wagering requirement before being able to make a withdrawal. If you're unable to complete the wagering requirements, you'll not be able to cash out your bonus money.
How Do Bonus Wagering Requirements Work?
Online casinos usually place two types of wagering requirements on bonus money:
- A typical amount on the bonus you get
- A typical amount on the initial deposit and the bonus you get
Let's say a casino offers you a 100% match bonus of up to Rs 2,000. Which comes with a wagering requirement of 25x. Therefore, when you register for an account and make a deposit of Rs 2,000. You will get another Rs 2,000 in the form of bonus money.
Online Casino Wagering Explained For Beginners
That way, players need to wager a total of 25 X 2000 = Rs 50,000 before you're able to cash out your winnings.
As for the second case, the total amount you need to wager would be (2000 + 2000 = Rs 4,000). So, in order to meet the wagering requirement, you need to wager 25 X 4000 = Rs 100,000 before you're able to withdraw your winnings. Here, the bonus wagering requirement is doubled and equals 50x wagering requirement on a Rs 2,000 deposit.
What's The Time Limit to Fulfil The Wagering Requirements?
It's important to note that bonus wagering requirements often come with a time limit. So, you need to fulfill them within the given time limit to be able to withdraw your bonus amount. Most online casinos require you to meet the wagering requirements within a time span of 30, 60 or 90 days. Here's an example to make this more concrete:
Let's say you get a 100% match casino bonus of Rs 1,000 that comes with a 25x wagering requirement which you need to complete within a time span of 30 days. So, you make a deposit of Rs 1,000 and receive Rs 1,000 from the casino in the form of bonus cash. Before you're able to withdraw the bonus amount, you need to wager 25 X 1000 = Rs 25,000 within a period of 30 days to avoid the cancellation of the bonus amount.
So, before claiming an online casino bonus, it's important to take a look at the fine print. Because it will help you in knowing the time limit to complete the bonus turnover and wagering requirement.
Do All Casino and Slot Games Contribute The Same to Wagering Requirements?
This is one of the most important things that's often overlooked by many casino players. Remember that not all casino games contribute the same to wagering requirements. Playing standard slot games will often contribute 100% towards the wagering requirements. While casino live table games often contribute a much lower percentage ranging between 50% to 10%. And there are even some games that contribute nothing towards the wagering requirements. These are however rare, and clearly mentioned in the bonus rules. So as long as you read the offer terms, you need not wonder.
So, before claiming a casino bonus, take a look at the casino's terms and conditions. As it will help you to get acquainted with how much your chosen casino game will contribute towards the wagering requirements.
Why are Bonus Wagering Requirements Used?
Now that you know how online casino wagering requirements work, you might be wondering why they exist in the first place. In simplest terms, online casino wagering requirements are in place to prevent casino players from taking unfair advantage of the bonuses and promotions on offer. Simply put, online casinos wouldn't be around if they were handing out free cash money to all their casino players.
As much as online casinos want to offer the best services to their customers, they also want to retain their players. Casino bonus terms and conditions like wagering requirements ensure that players don't just sign up at the casino, claim the bonus amount and walk away. Without ever even playing a single casino game.
Conclusion
Online casino sites apply bonus wagering requirements to their bonuses and promotions to ensure that they're financially secure. Although the amount you need to wager to release the bonus amount varies from casino to casino. Wagering requirements between 20x and 30x are usually considered good by most casino players. As a casino player, just make sure to take a look at the terms and conditions of the bonus beforehand. This is to avoid any possible surprises in the middle of the action.
If you're unable to understand the bonus wagering requirements completely. You can always get in touch with the online casino's customer support representative via one of the available support options. Most casinos have 24/7 customer support in place. Meaning you'll get an instant answer to all your bonus wagering requirements related queries. We can also tip you to check your My Account page. Often we find information of the bonus and how much of the bonus amount is left to turn over from our dedicated account pages.
Last Updated on February 17, 2021
When you gamble at online casinos, among the many things you will encounter are wagering requirements. Often attached to the variety of bonuses that an online casino offers to its players, it's important to understand that they matter immensely when taking advantage of any bonus offer.
Unless they are complied with and their conditions fulfilled, players may not be able to take full advantage of the bonus or even withdraw it and any winnings connected to it later on. In online gambling, you'd be hard-pressed to find any promotion or bonus offer that doesn't have wagering requirements attached to it.
If you wish to profit off of a bonus offer or withdraw cash from that same offer, you need to meet these requirements first. Different online casinos offer different wagering requirements for the variety of games they have on offer. Understanding the details involved is essential to allow you to truly maximize your bonus.
Perhaps the most common promotions that players can get online are free spins. Even these offers do not escape wagering requirements.
Only a few casinos will choose not to attach any conditions to this offer so there's a very good chance that you will be required to meet certain conditions first if you are to qualify for this offer.
Most of the time, you'll be asked to wager the specific amount of every spin for a certain number of times before you can cash out any winnings. If you received an offer for free spins with every spin worth $5 each and you were tasked with a 20x wagering requirement, then you will need to wager a total of $100 before cash out is allowed.
The same setup can be expected for money bonuses. It's crucial to pay attention to wagering requirements though as there are casinos that may set it at 35x or even higher. Naturally, the amount that you have received can have a massive effect on how much the total wager you have to make. So, if you are ever offered a rather hefty bonus figure, it is best to check what the wagering requirement is first to see if it is even something you can comply with.
There's also the fact that some casinos will make it harder for players to fulfill the wagering requirements by setting a time limit. This means that if they fail to meet the wagering amount on time, the bonus offer and any winning derived from it are going to be forfeited. Reading the fine print before celebrating that you got offered a rather attractive bonus amount is always essential to avoid getting stuck with a wagering requirement you can't even meet.
Understand that different games in a single online casino may have different wagering requirements too. In addition, the games you will be allowed to make wagers on that will be counted to the wagering requirement may also be limited. This is also another important consideration since some casinos might only allow you to play games that you have never even played before.
This could lead to you spending tons of money over games that you likely will only end up losing anyway. While it's quite understandable that online casinos put these requirements up in a bid to protect their interests against players that are just keen on scooping up free money and then disappearing, it can put a damper on your excitement over a free money offer.
What Are Bonus Wagering Requirements?
Most online casino bonuses usually come with a wagering requirement attached to them. Put simply, a bonus wagering requirement is the number of times a player must play through a bonus before being able to withdraw the bonus amount or winnings made from the bonus amount.
Wagering Requirements Explained: What Does Wager Mean? Folks, Here's a little video.
When you register for an account at an online casino and receive bonus money, you're usually asked to fulfill the wagering requirement before being able to make a withdrawal. If you're unable to complete the wagering requirements, you'll not be able to cash out your bonus money.
How Do Bonus Wagering Requirements Work?
Online casinos usually place two types of wagering requirements on bonus money:
- A typical amount on the bonus you get
- A typical amount on the initial deposit and the bonus you get
Let's say a casino offers you a 100% match bonus of up to Rs 2,000. Which comes with a wagering requirement of 25x. Therefore, when you register for an account and make a deposit of Rs 2,000. You will get another Rs 2,000 in the form of bonus money.
Online Casino Wagering Explained For Beginners
That way, players need to wager a total of 25 X 2000 = Rs 50,000 before you're able to cash out your winnings.
As for the second case, the total amount you need to wager would be (2000 + 2000 = Rs 4,000). So, in order to meet the wagering requirement, you need to wager 25 X 4000 = Rs 100,000 before you're able to withdraw your winnings. Here, the bonus wagering requirement is doubled and equals 50x wagering requirement on a Rs 2,000 deposit.
What's The Time Limit to Fulfil The Wagering Requirements?
It's important to note that bonus wagering requirements often come with a time limit. So, you need to fulfill them within the given time limit to be able to withdraw your bonus amount. Most online casinos require you to meet the wagering requirements within a time span of 30, 60 or 90 days. Here's an example to make this more concrete:
Let's say you get a 100% match casino bonus of Rs 1,000 that comes with a 25x wagering requirement which you need to complete within a time span of 30 days. So, you make a deposit of Rs 1,000 and receive Rs 1,000 from the casino in the form of bonus cash. Before you're able to withdraw the bonus amount, you need to wager 25 X 1000 = Rs 25,000 within a period of 30 days to avoid the cancellation of the bonus amount.
So, before claiming an online casino bonus, it's important to take a look at the fine print. Because it will help you in knowing the time limit to complete the bonus turnover and wagering requirement.
Do All Casino and Slot Games Contribute The Same to Wagering Requirements?
This is one of the most important things that's often overlooked by many casino players. Remember that not all casino games contribute the same to wagering requirements. Playing standard slot games will often contribute 100% towards the wagering requirements. While casino live table games often contribute a much lower percentage ranging between 50% to 10%. And there are even some games that contribute nothing towards the wagering requirements. These are however rare, and clearly mentioned in the bonus rules. So as long as you read the offer terms, you need not wonder.
So, before claiming a casino bonus, take a look at the casino's terms and conditions. As it will help you to get acquainted with how much your chosen casino game will contribute towards the wagering requirements.
Why are Bonus Wagering Requirements Used?
Now that you know how online casino wagering requirements work, you might be wondering why they exist in the first place. In simplest terms, online casino wagering requirements are in place to prevent casino players from taking unfair advantage of the bonuses and promotions on offer. Simply put, online casinos wouldn't be around if they were handing out free cash money to all their casino players.
As much as online casinos want to offer the best services to their customers, they also want to retain their players. Casino bonus terms and conditions like wagering requirements ensure that players don't just sign up at the casino, claim the bonus amount and walk away. Without ever even playing a single casino game.
Conclusion
Online casino sites apply bonus wagering requirements to their bonuses and promotions to ensure that they're financially secure. Although the amount you need to wager to release the bonus amount varies from casino to casino. Wagering requirements between 20x and 30x are usually considered good by most casino players. As a casino player, just make sure to take a look at the terms and conditions of the bonus beforehand. This is to avoid any possible surprises in the middle of the action.
If you're unable to understand the bonus wagering requirements completely. You can always get in touch with the online casino's customer support representative via one of the available support options. Most casinos have 24/7 customer support in place. Meaning you'll get an instant answer to all your bonus wagering requirements related queries. We can also tip you to check your My Account page. Often we find information of the bonus and how much of the bonus amount is left to turn over from our dedicated account pages.
Last Updated on February 17, 2021
When you gamble at online casinos, among the many things you will encounter are wagering requirements. Often attached to the variety of bonuses that an online casino offers to its players, it's important to understand that they matter immensely when taking advantage of any bonus offer.
Unless they are complied with and their conditions fulfilled, players may not be able to take full advantage of the bonus or even withdraw it and any winnings connected to it later on. In online gambling, you'd be hard-pressed to find any promotion or bonus offer that doesn't have wagering requirements attached to it.
If you wish to profit off of a bonus offer or withdraw cash from that same offer, you need to meet these requirements first. Different online casinos offer different wagering requirements for the variety of games they have on offer. Understanding the details involved is essential to allow you to truly maximize your bonus.
Perhaps the most common promotions that players can get online are free spins. Even these offers do not escape wagering requirements.
Only a few casinos will choose not to attach any conditions to this offer so there's a very good chance that you will be required to meet certain conditions first if you are to qualify for this offer.
Most of the time, you'll be asked to wager the specific amount of every spin for a certain number of times before you can cash out any winnings. If you received an offer for free spins with every spin worth $5 each and you were tasked with a 20x wagering requirement, then you will need to wager a total of $100 before cash out is allowed.
The same setup can be expected for money bonuses. It's crucial to pay attention to wagering requirements though as there are casinos that may set it at 35x or even higher. Naturally, the amount that you have received can have a massive effect on how much the total wager you have to make. So, if you are ever offered a rather hefty bonus figure, it is best to check what the wagering requirement is first to see if it is even something you can comply with.
There's also the fact that some casinos will make it harder for players to fulfill the wagering requirements by setting a time limit. This means that if they fail to meet the wagering amount on time, the bonus offer and any winning derived from it are going to be forfeited. Reading the fine print before celebrating that you got offered a rather attractive bonus amount is always essential to avoid getting stuck with a wagering requirement you can't even meet.
Understand that different games in a single online casino may have different wagering requirements too. In addition, the games you will be allowed to make wagers on that will be counted to the wagering requirement may also be limited. This is also another important consideration since some casinos might only allow you to play games that you have never even played before.
This could lead to you spending tons of money over games that you likely will only end up losing anyway. While it's quite understandable that online casinos put these requirements up in a bid to protect their interests against players that are just keen on scooping up free money and then disappearing, it can put a damper on your excitement over a free money offer.
Online Casino Wagering Explained Game
Still, as long as you are confident that you can meet the requirements in time, then accepting the bonus offer shouldn't be a problem.
