If you are a complete beginner to casino gambling, you might wonder what wagering requirements of casino bonuses are when you encounter them. In this blog post, we discuss much-needed information regarding casino bonus wagering requirements. So, let’s dive in.
What is Casino Bonus & Wagering Requirement?
First of all, what is wagering? Wagering is simply the act of making a bet on any casino game. Wager is a synonym of bet and to make a wager means to make a bet. Nothing’s complicated there.
Now, let’s talk what wagering requirements are which you often heard with casino bonuses. Online casinos offer several types of bonuses to their players. When you make a deposit on any online casino site and accept bonus or you accept no-deposit casino bonus after registering on any casino site, it is very likely that the bonus comes with wagering requirement.
The wagering requirements of casino bonuses are the terms and conditions that need to be fulfilled for the players to be able to withdraw the winnings utilizing casino bonuses. In casinos, wagering requirements are indicated by a number which is the number of times the player has to wager an accepted bonus.
There may also be a minimum withdrawal limit along with wagering requirements. Wagering requirements are also called rollover and playthrough requirements.
Wagering requirement is one of the important factors to be considered when deciding to accept casino bonuses. Some casino bonuses have low wagering requirements, some have high. Obviously, you should always go for low wagering requirements when making a choice between casino bonuses of the same amount.
Calculation of Casino Bonyus Wagering Requirements
Now you already know what wagering requirements are, let’s discuss how to calculate them. Remember that the calculation of wagering requirements is important for you to calculate the risks involved in playing with casino bonuses and the miscalculation can cost you in the long run.
Suppose, you deposited the amount INR 1000 on the casino site and you were offered the welcome bonus of INR 1000 with wagering requirement of 35x attached to only bonus. To work this out, all you have to do is multiply the casino bonus amount by the number indicated in the wagering requirement.
In this case, the product of the multiplication is INR 1000 x 35 = INR 35000. This means that you need to make bets or wager equal to INR 35000 to complete the wagering requirement and be able to withdraw your winnings.
The wagering requirement can also be attached to both deposit and casino bonus, and this is also common. In such cases, you need to multiply the sum of deposit and casino bonus by the number of wagering requirement.
With the same amount of deposit and bonus amount, the wagering requirement will be double of that attached to only bonus. So, the wagering requirement attached to only bonus is always better for you than that attached to both bonus and deposit if the bonus amount is same.
The more you bet, the quicker it can take you to complete wagering requirements if you are lucky with your bets. You should also understand that you can quickly run out of your funds with high value bets if you are unlucky.
Understand Low and High Wagering Requirements
It is important for players to understand low and high wagering requirements to make a choice for accepting casino bonuses. The low wagering requirement always works more in your favor.
Generally, the wagering requirement is considered low if it is 30x or under. Over 30x is considered as a high wagering requirement. It’s more difficult to meet the high wagering requirements. So, it’s always a great idea to research first before accepting casino bonuses.
Are There Wager-free Casino Bonuses?
Most of the casino bonuses come with wagering requirements. However, you can find some casino bonuses offered by some casinos free from any wagering requirement. Such wager-free casino bonuses are very lucrative.
The wager-free bonuses are generally offered as free spins on certain casino games. You can deposit money, utilize free spins and your winnings from free spins will be wager free.
Can You Avoid Wagering Requirements?
Yes, you can avoid wagering requirements by making a straight deposit on your casino account without accepting bonus.
Some online casinos may need you to bet your deposit a few number of times before you are permitted to withdraw. However, such requirements will be very low like 1x and they are there because of money laundering.
Also, you can choose online casinos that offer free spins on your deposit without any wagering requirement.
Can You Beat Wagering Requirements?
It’s definitely not easy to beat casino bonus wagering requirements by any means. Online casinos are not interested in distributing money to players by making wagering easy. However, beating wagering requirements is not impossible.
To beat wagering requirements, first and foremost, you have to research and choose the right online casino and the best casino bonus with low wagering requirements. Read the terms and conditions of casino bonuses carefully. Also, know about the game contributions towards wagering and choose the casino game that contributes 100% towards wagering.
Also, selecting the game that you prefer and you can play well is also important. By performing better in the game, your gameplay can contribute more towards wagering. Remember that there is no guaranteed way of beating wagering requirements and this also depends on your luck.
It is crucial to understand what wagering requirements are and how they work for the best experience of online casino gaming. Be smart and read the terms and conditions attached to the casino bonuses offered to you.
Always select casino bonuses with low wagering requirements and choose the game that you know how to play and contributes 100% towards wagering to improve your chances of beating wagering requirements.
If you are from India, you can select BetBarter as your online casino platform. BetBarter offers the best experience of online casino gaming and the best casino bonus low wagering in India.