Wagering requirements online casinos
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The most popular is the deposit bonus. This means that your first deposit or deposits, as determined by the casino, will be matched by a certain percentage, giving you more money to play with.
Online casinos will usually also specify the maximum limit of the deposit ex. This means that your deposit will only be matched up until that amount.
Another welcome bonus format is the deposit match plus free spins. This is particularly interesting to players who enjoy slot games as it gives them an opportunity to play slots without using their funds immediately.
Both these types of bonuses are subject to wagering requirements. What does it mean? Wagering requirements differ from one casino to another but their function is the same across the web.
At its core, a wagering requirement is a multiplier, which is why you will see it shown as 5x or x20, which stand for five times or twenty times, respectively.
This requirement must be met before a withdrawal of funds is possible. This particular casino also has a x35 wagering requirement, an average for the industry, applied to the deposit bonus.
Of course, this does not mean that you must necessarily use up your own real money — you can meet wagering requirements with winnings gained when using bonus funds.
Not all games are created equal in the wagering requirements field, as some will contribute more than others when it comes to meeting that number.
Well, yes and no. To both players and the casino operator, wagering requirements are a necessary evil.
They deter unscrupulous individuals from simply signing up, winning money through a deposit bonus and withdrawing immediately.
Casinos stand to lose a whole lot of cash that way, which means that other players would then not be able to play or must do so under restrictions that would make the whole thing pointless.
From the information above, you can see how important it is to make sure you understand the wagering requirements, game contributions and expiry dates attached to any bonus offer you intend to claim at an online casino.
We strongly encourage players to familiarise themselves with these terms and always read the fine print of any offer.
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March 01, Good article guys and way to explain wagering requirements to players I like seeing this kind of thing and knowing that people have an easy way to research this information.
I know that for me personally that I've found a lot of value in the information that's presented here on the site.
February 17, I've always found that wagering requirements are kind of silly and a waste of time to try to interpret as you're playing at online casinos.
It's my belief that casinos that do it best are those out there that separate cash and bonus balances so that you essentially always know what you're doing.
January 20, I've always thought wagering requirements to be dumb and not necessary but I do truly believe that they server a purpose and more then that have an immense amount of value for protecting the casinos.
It's not always good for us players but in the end they're manageable. January 19, Wagering requirements although kind of stupid so make more sense to me know that they're fully understood.
When I first started playing at online casinos I really didn't understand what it was all about and why they were needed. I do understand now though and although I think that they're still kinda stupid and all in favor of the casino that they are put into place to protect the casino from bonus abusers.
December 11, Sometimes that wagering requirements that are set out by online casinos are ridiculous and really hard to ever even meet.
Be sure you fully read the terms and conditions of the bonuses that you take before you do even if it requires a bit of time to read though all their legal gibberish.
November 27, Wagering requirements make sense and are OK with me as I know they're designed to protect the casino from fraud but make it easy for players for the love of god.
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