Casino bonuses are supposed to make you happy or, at least, content. Meanwhile, they often don’t. They may cause frustration. How is that? Well, you may have had this situation where you use the bonus funds from a casino and then… just cannot withdraw the wins you earned with them. You reach out to the casino support. They, in turn, explain to you that you haven’t met the wagering requirements.
Yes, wagering requirements accompany every bonus. You must meet them to be able to request a withdrawal. The key issue is that you must learn to read them first.
What Are Wagering Requirements?
Wagering requirements show you what you must do to withdraw the money you will win when using bonus funds. First, they show how much money you must wager (usually the bonus sum is multiplied by 35 or so). Then, they tell you how fast you must do that. And then, there may be additional requirements such as which games to play.
How Do Wagering Requirements Work?
Here are the steps involved:
- When you register an account in a casino, the latter usually rewards you. In bwin casino, for example, they double your deposit (up to $200) and give you 100 free spins.
- Then, you check which games are eligible.
- You then play games and wager the required amount.
Example:
- You deposit $100 and you get a bonus of $100 with a 30x wagering requirement.
- If the wagering requirements only apply to the bonus amount, you’ll need to wager $3000.
- But if they apply to both the deposit and bonus, you are required to wager $6000 ($200 x 30).
Types of Wagering Requirements
- Bonus Only: Here, the requirement only pertains to the bonus amount.
- Deposit Plus Bonus: This applies in the same way to the bonus itself and the deposit you make into the casino.
- No Wagering Requirements.
Factors Affecting Wagering Requirements
Several factors can impact how you meet wagering requirements.
- Game Contribution
Different games contribute differently to meeting the requirement. Some games may fail to contribute at all. This is often the case with live dealer titles. Want to be on the safe side? Experience the Wild Safari Adventure by Betsoft. It’s a slot game meaning it contributes 100% to bonus wagering plus it has a very small minimal bet (just 40 cents).
- Bonus Type
Usually, welcome offers have the biggest wagering requirements. Regular free spins and cashback may have lower requirements. But it depends on the casino. Some sites have the same requirement for all bonus offers.
- Time Limits
Typically, all promotional offers have deadlines. You need to meet the requirements within the time limit to receive the bonus.
Tips for Managing Wagering Requirements
Wagering requirements are often lengthy. It may seem to you that there are too many terms and it’s all too confusing. But if you want to use a bonus to your benefit, you must meet them. It’s wiser to have a plan for what to do:
- Read the Terms and Conditions
- Choose the Right Games
- Manage Your Bankroll
- Avoid High-Risk Bets
- Track Your Progress
Common Problems and Solutions
While wagering requirements can be straightforward, players often face challenges. Here’s how to tackle common issues.
Problem: Difficulty Meeting Requirements
- Solution: Choose games with high contribution rates and manage your bankroll to extend your playtime.
Problem: Confusion About Contribution Rates
- Solution: Review the casino’s terms and conditions to understand how different games contribute to the requirements. Ask the support team to clarify what seems to be confusing or unclear.
Problem: Time Limits
- Solution: Try to schedule your gaming sessions in a way that will allow you to meet the requirements within the given timeframe.
Conclusion
As you now see, reading (as well as meeting) wagering requirements isn’t that difficult. More than that, after you learn to read them right, it will be easier for you to evaluate how profitable this or another bonus offer actually is.