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Wagering Requirements Explained What is a Wager? VideoPart 4: What Are Wagering Requirements?
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The wagering requirements must be clearly stated in any agreements with players. Not surprisingly, most of the complaints made against online casinos are related to wagering requirements and play-through rules.
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All casinos listed are our partners from whom we earn a commission. Wagering requirements are the mandatory evil of almost every casino bonus. Before you can withdraw any money, your bonus or free spins winnings need to be bet a set number of times.
But what exactly is a wagering requirement? What does wager mean in casino terms? Is there a best way to wager a casino bonus?
If you decide to play at a casino using one of the many casino bonuses available, you will be given extra bonus money to play with.
A wagering requirement is how many times you need to bet the bonus before it becomes real money which you can withdraw to your account.
However, the casino has placed a x10 wagering requirement on the bonus money. In some cases, a casino might apply wagering requirements to both the bonus money AND the amount you deposit.
This clearly has a huge impact, effectively doubling how much you need to bet in this case. For example, they are also known as playthrough requirements or rollover requirements at some sites.
Alternatively, they may be referred to as obligations instead of requirements. However, all these terms still have the same wagering meaning as described above.
However, they want to make things attractive for the players as well to get them to sign up. Giving players casino bonuses is a way of offering players incentives to join — namely, by giving them extra bonus money to play with.
Of course, there is the possibility that you will complete the wagering requirements too and be able to cash out the winnings. Alongside what the wagering requirement amount is and what it applies to, there are a few other terms and conditions that may affect how you wager a bonus.
A few examples include:. Of course, all casinos build their own bonuses and terms so there will be differences at each site. You should always read through the terms and conditions of an offer before making a deposit to make sure you agree with them.
This varies a lot — as some bonuses can be a lot easier than others! In almost all cases, the lower the wagering requirement the better chance you will have — as this reduces how many times you need to bet before you can withdraw the winnings.
This guide will help you understand what a wagering requirement is, what to look for in the terms and conditions so you fully understand the bonus offer, and tips on how to make the casino bonus work in your favour.
Ultimately, it is important that you have a firm grasp on wagering requirements and commitments before starting any game or placing any bets with any online casino provider or betting company.
A wagering requirement is the amount of times you have to play a game with your bonus money before being allowing to withdraw your bonus.
Almost all casino bonuses will have wagering requirements attached to the terms and conditions. However many players will only see the big flashing lights of the bonus amount and free spins bonus and think that if they win they can withdraw their money and happy days!
The best way to look at welcome bonuses and deposits is free money to play with. Anything between xx35 is normal but stay away from the casinos that take things over and above this as x40 or x50 would be nearly mathematically impossible to meet.
Rather than try to meet them, just play at the lowest wagering requirements casino in the UK — PlayOJO, which has no wagering requirements at all.
Wagered 30x means that you have to bet the bonus 30 times before you can withdraw it. Most bonuses also usually also come with time limits.
For example, they might say you have to meet them within 30 days, 90 days, or whatever the casino in question determines. Always read the small print to find out about time limits as well.