Casino Bonus Wagering Requirement Tips
One of the advantages of playing at an online casino is that you get to enjoy a wide range of bonuses and promotions that aren't present in a land-based betting house. These bonuses include match deposits, no deposit, free spins, free cash, reload promos and much more.
While they're all very useful when it comes to increasing your odds of winning, they come with certain limiting conditions known as bonus wagering requirements. For you to successfully withdraw any winnings, you'll need to fulfill all the prerequisites. Discussed here are tips to meet these conditions effectively.
What are Bonus Wagering Requirements?
A wager is money or bet spent on online slots, poker games, bingo, table games or any other casino game. Most betting sites offer various deals to give you a better shot at winning. However, the promos always have wagering or playthrough prerequisites attached to them.
These simply indicate the number of times a player is required stake in the bonus amount before they can be allowed to make a withdrawal request. Note that any winnings that you accumulate are added to your bonus balance, meaning you'll have to convert it into cashable funds. If you don't meet all the playthrough prerequisites, your funds cannot be converted into real money for withdrawal.
Consider this example - if a casino awards $50 bonus cash with a 40x wagering; it means you must bet this amount a total of $2000 before withdrawing your winnings.
Where do You Find Playthrough prerequisites?
Each casino promotion comes with a set of rules and regulations. Online gaming regulatory bodies require all operators to display bonus terms and conditions clearly. The fine print contains playthrough conditions and other useful information to ensure that players learn everything about a promo before they can redeem it.
Needless to say, you should never ignore the fine print if you are going get the most out of any casino bonuses.
You ought to understand that online betting houses exist to make money and not to dish out cash. For this reason, they have to put in place effective ways to earn money from players. One of the techniques they use to increase the house edge is imposing bonus wagering requirements. In addition, this discourages bonus abusers and creates a safe gambling environment for all players.
Also, these particular conditions are put in place due to the online gambling establishments' requirement to comply with anti-laundering laws. If these regulations didn't exist, there would be a lot of criminal activities in the iGaming industry, resulting in safety issues, which would be bad for business.
Tips to Beat Bonus Wagering Requirements
While most betting operators impose these conditions, there is a handful that implements a complete no wager policy. This means that any offer given after the signup promo won't be bound by playthrough conditions. Of course, you'll need to consider the usual factors when choosing a game site - licenses, reputation, payment methods and so on.
The other tip that will help you beat these casino conditions is choosing offers with low wagering. Here, you might want to consider new casinos - the ones that are looking to lure more players to their platform. Such game websites have no deposit deals with lenient wagering, thus easily achievable resulting in more wins.