Ensuring that you sign up for the right online casino involves more than taking a quick look at the casino’s games lobby and promotions page. If you’re looking for the best bonus casino for your gaming activities, make sure that you review the casino’s wagering requirements for your bonus gifts. These policies protect both you and the casino by clarifying the terms and conditions for each type of bonus.
By understanding the casino’s wagering requirements you’ll be able to make more informed decisions regarding the games that you wish to play, the betting level at which you wish to play and how you want to use your bonus give-aways. In the long run, understanding wagering requirements will help you to better maximize your overall gaming experience.
What are Wagering Requirements?
Wagering requirements refer to the conditions and policies that the casino sets to dictate the number of times you must bet your bonus amount (casino cash, free spins, match credits, etc) before you can withdraw any winnings that are associated with that bonus.
You will typically see the requirement expressed as a multiple or called a “rollover” – 20x, 30x, etc. For example, if you receive a bonus of $100 with a 20x wagering requirement, you’ll wager $2000 (20x the bonus amount) before you can withdraw any of the winnings that are associated with that bonus.
The casino uses wagering requirements to encourage player engagement, protect against abuse and help sustain the promotions in the long run.
Types of Bonuses with Wagering Requirements
The type of bonus determines wagering requirements. Some of the best casino bonuses include:
- Welcome Bonuses – offered to new players to allow them the freedom to explore the casino as they learn about the games.
- No Deposit Bonuses – bonuses that deliver money directly to the player’s account that the player can then use to play without making a deposit using other account funds.
- Free Spins – offered as part of a promotion (25% match plus free spins) or as a special gift to entice gamers to play a specific game.
What to Watch
When you’re assessing the wagering requirements for the various bonuses as you decide which bonuses are appropriate for you, you should consider various factors, such as:
- Are there betting limits associated with the bonus? If so, what are they? For some bonuses, you have to meet the minimum betting limit in order to collect the bonus.
- Are there time limitations associated with the bonus? There’s usually some kind of time frame within which the player must meet the wagering requirements in order to take advantage of the bonus. If you go ahead and deposit and play, but the time limit has expired, you may not collect any of the bonus/associated winnings
- Does the game that you want to play contribute fully or partially towards the bonus? For some bonuses, slot games contribute fully while table games contribute a fraction of your bet.
Choosing the Best Bonus
How do you choose the most lucrative bonus deal based on the game that you want to play, the amount of time that you want to play and the level at which you want to play?
- Higher or lower wagering requirement? Look at the wagering requirement ratio. Lower wagering requirements (i.e. 10x compared to 60x) are generally more favorable to you over the long term.
- What type of game contribution is needed? Which games contribute to the wagering requirement? Slot machines generally contribute adequately but if you’re playing a table game, you should check.
- What are the withdrawal timeframes? Casino withdrawal conditions and time frames vary widely. You should be aware of the amount of time that it will take to withdraw your winnings after you fulfill the wagering requirements
- How do the casino's Terms and Conditions apply? Become familiar with the casino’s Terms and Conditions so that you are aware – before you place a deposit – of any withdrawal limitations or fees associated with the bonus.
What’s So Important
Why is it important to know the casino’s bonus wagering requirements? Wagering requirements specify how many times you must wager the bonus amount/ deposit plus bonus before you can withdraw your payouts. This helps you assess the true value of the bonus so you can plan your gameplay and budget.
Once you know the wagering requirements you’ll be better able to decide whether a specific bonus is worth pursuing based on how likely you are to meet the requirements.
Understanding the bonus wagering requirements can help you set realistic expectations. Since wagering requirements can be high, a better knowledge of the requirements will help you set realistic expectations about when and how you can claim your payouts after you claim your bonuses. For instance, since different games contribute differently to meeting wagering requirements, you’ll be more equipped to choose the right games to play to fulfill the requirements.
Wagering requirements influence how you can utilize the casino’s promotions to increase your winnings. By understanding these requirements you’ll be able to make informed decisions which, in turn, helps you maximize your online gaming enjoyment. decision, knowledge is key, and being well-informed paves the way for a successful online gaming experience.
