Wager Requirements Online Casinos
Online casinos are popping up almost every day, and each one of them has devised something ingenious to appeal to potential customers. One of the more popular perks of online casinos is to offer bonus money to new and existing players. These bonuses all have rules for use and withdrawal, which is referred to as “wagering requirements” or “play through requirements”. These requirements will be defined as an amount that must be bet prior to making a withdrawal on the bonus money or any winnings that you have as a result of betting with your bonus. Initiating a wagering requirement is the method that online casinos use to make sure that players don’t just take the bonus money and run. Just what, exactly, are “wagering requirements” and how do they vary from casino to casino?
- Sep 30, 2020 Many of the best online casinos with jackpots will attach wagering requirements to both the deposit you made and the free to play bonus you received as a welcome gift. This can mean that you’re expected to wager twice the amount. For example, the deposit amount $20. The welcome bonus $20. Wagering requirements are 30 x.
- Wagering Requirements are the hidden restrictions imposed on the gamblers by various online casinos in many different forms. Before making any deposits you need to read the terms and conditions of internet casinos carefully.
There are many online casino that boast of smaller wagering requirements, however, the wagers of very few games actually qualify towards meeting your requirements. Additionally, some casinos allow wagers on games like live dealer blackjack or live dealer roulette toward the requirements, but at a reduced rate.
One of the first things that you will discover about wagering requirements is the “number of times” the amount of the bonus money will have to be wagered before a withdrawal can be made 카지노사이트. This number can range anywhere from 9 times the amount of the bonus to 37 times or more. Each casino has its own number that they have designated. What this means is that if a casino has a wagering requirement of 9 times the amount of the bonus, and your bonus is £25, then you must make enough bets to equal 9 times £25, or £225, before making that withdrawal.
There are also bonuses like the “Sign-On Bonus” that have play-through requirements for the amount of the bonus plus the amount of the qualifying deposit. In this instance, let’s say that you have a 100% Sign-On Bonus up to £150 with a 36 times wagering requirement. You make an initial deposit of £50 into your players account and then sign up for this bonus, giving you £650 with which to play. Before you can make a withdrawal on this money, or any of the winnings associated with it, you must make wagers that total the amount of the bonus (£150) plus the qualifying deposit (£150) times 36. This is 300 times 36, or £10,800. Remember, this is the amount that has to be wagered or bets placed, not the amount of money that will need to be deposited into your account.
Looking at the wagering requirement “number” should not be your only consideration while making a decision on which live dealer casino offers the best bonus money. You will need to be aware of other factors before deciding to accept any bonus money, such as which games qualify towards meeting the play-through requirements and which games are exempt. There are many online casino that boast of smaller wagering requirements, however, the wagers of very few games actually qualify towards meeting your requirements. Additionally, some casinos allow wagers on games like live dealer blackjack or live dealer roulette toward the requirements, but at a reduced rate. For example, for every £10 bet that is placed on live dealer blackjack, only £5 is applied to the play-through requirement; likewise, when playing live dealer roulette, only even money bets like red/black or even/odd will be applied.
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Basically it’s the casino going: “We are going to give you free money… but not really.” But what do you expect? If they went around giving away money it wouldn’t be a casino, it would be a cash point.
Our definition of casino wagering requirements would be: A way for a casino to allow players to enjoy playing casino for longer whilst at the same time protecting themselves and their bonuses against abuse.
The restrictions on a bonus can be in the form of deposit amount, bonus amount, winnings or a combination and must be played through before the cash can be withdrawn.
Casino wagering requirements are really the online and mobile casinos way of saying “Here is free money to spend at the casino”. They give it to you, you have to play it a certain number of times playing slots or casino games at the casino to withdraw any amount of money.
So say you get £5 free no deposit bonus. The bonus wagering requirement is 50x (bonus only). You simply multiply 5 by 50, and you get the amount of bets you need to make before you can withdraw: £€250 to be exact.
Now that doesn’t mean you have to deposit £250 – that would defeat the purpose. Simply that you need to make €250 worth of bets before you can cash out. So say your first bet on a slot was €5, and with it you win €250 on your first go.
Great! Can you withdraw? No.
You would need to bet those winnings of €250 (well €245 if you count your original bet) and then whatever is left you can withdraw. See what we mean?
So when looking at the latest mobile casino bonus, it’s not the amount you should be looking at, but the wagering requirements that go with it.
The chances are narrowed down even further if the wagering requirements aren’t put against the bonus amount only, but the bonus amount and the deposit amount.
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18+ New customers only. Wagering and Full T&Cs apply.So you might think you got a good deal, because there is only 10x wagering requirements. But look at the fine print and you’ll notice it’s the bonus and the deposit amounts that need to be wagered, not just the bonus. So if you deposit €20 and got €20 free from the casino that gives you a total of £40 and the amount you have to bet goes up from €200 to €400. Significant.
Mobile casino bonuses are there to help prolong your playing experience. But if you don’t understand them, they can come back and bite you in the ass very quickly.
That said, if you’re playing to play, and not necessarily win, the fine print won’t be as big an issue for you.
Our top casino bonus sites
Here’s a list of some of our best mobile casino bonuses with their wagering requirements outlined:
- Get 20 No Deposit Free Spins at Hyper Casino#ad. 18+ New Customers Only. 20 free spins on registration for Hot Fruits 27(Amatic). Minimum deposit of £€$10. Bonus amounts and winnings from extra spins have 45x the wagering requirement. If you play with bonus funds, maximum bet is £€$5. Welcome bonus is excluded from deposits with Skrill/Neteller. The full terms and conditions apply.
- Get 150 Chances to Win Mega Moolah Jackpot at Grand Mondial Casino for £€$10 DepositThe minimum deposit is £10. The 150 chances are credited as £37.50 welcome bonus and players can spin 150 times at £€$0.25 on the Mega Moolah Progressive slot game. A 60x wagering requirement applies on the first welcome bonus, and a 30x wagering requirement applies on subsequent welcome bonuses, and certain games contribute a different percentage to the wagering requirement.
- Get 100 Free Spins At Vera&John Casino on Gemix slot for €$10 Deposit18+ New Players Only. Full T&Cs Apply.Not available for CA / UK
- Get 100 Free Spins at GUTS Casino on Book of Dead on your first Deposit18+ New Players Only. Full T&Cs Apply.Not available for UK
Simply click on the blue links to claim your bonus and start playing at some of the best mobile casinos today.
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