When you’re playing in an online casino, you’re tempted to claim at least one of the many bonus offers and promotions displayed on the homepage or the Promotions/Bonus page. However, you change your mind when you see that the offer has high wagering requirements. Why is that so? Why are we all afraid of wagering requirements and what do they actually mean?
What Are Wagering Requirements?
A wagering requirement is a rule, where the player accepts that should he claim the offer, he will need to wager the bonus amount a number of times before the player is eligible to cash out his bonus or money won throughout the game. The reason behind the wagering requirements is fair; the online casino operators use it to protect themselves. Imagine what would happen to casinos if they would only give bonuses and not receive anything in return.
How Do They Work?
In essence, it goes like this. You claim an offer that gives you a 100% deposit match for your $10 and you have 50x wagering requirements. That means you receive $10 free bonus cash. However, the wagering requirements say you need to wager your $10 bonus 50x, meaning you need to eventually wager $500 before you cash out the bonus or the money you’ve won. In addition, there are offers that would ask you to wager the deposit amount as well. So, if we continue with the same example, it would mean that you should wager $510 before becoming eligible to withdraw your winnings. If this seems complicated you should use wagering bonus calculator.
Are the Wagering Requirements the Same for All Games?
Before claiming any offer, it is of paramount importance that you read the T&C section on the site. Here, you will see that not every game has the same wagering requirements. For instance, playing slots you’re fulfilling wagering requirements differently than playing table games. Let’s say you want to claim a bonus with wagering requirements in order to play a slot game. For each $10 you wager, you’re wagering $10 towards the requirement. On the other hand, in table games, for every $10 wagered, you contribute only 10% towards the wagering requirements, meaning only $1. You can find out more about game contributions in this High Roller casino review.
Can You Say That Wagering Requirements Are Not Worth the Trouble?
As mentioned, we’re all terrified of wagering requirements. But this is because the wagering requirements are usually very high in most casinos. However, there are online casinos that offer pretty decent wagering requirements that are manageable, or no wagering requirements at all. There are very popular casinos that have millions of players and giving them out bonuses in return for their trust is something they can easily afford. Although it depends entirely on you, wagering requirements, if you decide to play in a certain casino for a year, are worth the trouble. If you’re a casual player, you should not expect to withdraw any real money if you don’t meet the wagering requirements. That is why you should better choose a legit casino where you can play for a longer period of time, and you won’t even feel the money spent on wagering requirements.