The vast majority of online casinos have what’s known as a ‘casino bonus’ or a ‘welcome bonus’ to give their new customers and members. With this welcome bonus comes a little something something called ‘wagering requirements’ (sometimes referred to as ‘playthrough requirements’).
The bonus itself is calculated based on your first deposit. If a casino were to have a 100% up to a maximum amount of $1,000 bonus, any deposit within the bonus limits will be matched by 100%, giving you a maximum of $1,000 extra to play with.
Maybe you’re thinking that this sounds too good to be true.
Well, you’d be kind of right.
Because with every welcome bonus comes a corresponding wagering requirement. It’s very important to be aware that the requirement to be met, is connected to this bonus amount itself.
Sign up with these casinos for wagering of 35x or less!
Before depositing any money and activating any bonus, players should know that there is a certain requirement before being able to withdraw cash.
This is what we call a ‘Wagering Requirement’, or a Playthrough Requirement. Some casinos require a higher amount of wagering – sometimes even up to a staggering 60 times – while other casinos have a lower requirement, at 35 times for example.
Aside from this, there is often a vast difference between casinos concerning what constitutes as the amount needed to be wagered. Sometimes it is just the bonus amount that you receive, whereas other times, it is your deposit plus the bonus amount.
Another aspect in which wagering requirements differ is whether the amount that is wagered is to be withdrawn, or whether it is an amount that is given to the player as a ‘life-line’. This latter condition of course leads to the fact that the amount wagered will be far higher than the former condition.
This means that if you were to play with your own money and you make a profit, you can then withdraw that money right away. If you were to play with your own money and lose all of it, then you can continue playing with the bonus amount, which then has a wagering requirement.
How do Wagering Requirements Work?
If you were to play at an online casino, you have to know what a wagering requirement is.
To explain it very simply, it is a multiplication of the bonus that the player receives.
This must be achieved before any (bonus) money can be withdrawn from your account. For example: if a casino were to have a wagering requirement of 35x, and your bonus money adds up to $100, you have to wager at least $3,500 before you are able to withdraw any (remaining) money from your account.
Although this might seem like a lot, you’d be surprised at how quickly such a figure can be achieved. If you were to put your favourite slot on Autoplay and spin it 200 times, that can be done in less than an hour. Furthermore, if you were to put your bet value at $1, you would be spending $200 in that hour.
Most bonuses are valid for a month, giving you more than ample time to fulfill the required wagered amount. That being said, make sure you know the terms and conditions, because the validity of a bonus can be shorter or longer than the average length of one month.
For example, the welcome bonus at Sloty Casino is great, the wagering requirement is a reasonable 40 times, but the validity of the bonus is only two weeks. This might seem like a very short amount of time, but if you were to play every day, this can easily be met.
Even Then, Wagering Requirements have Rules
The vast majority of online casinos have rules on their wagering requirements that players have to live up to in order to fully receive- and profit from their bonus.
It is always imperative for a player to read up on the requirements for the bonus amount, just like how we always recommend that players first read the Terms and Conditions and make sure they fully understand them. This way, it will improve your own casino experience and will also lessen the potential burden put upon a customer service-agent.
How to Meet Wagering Requirements?
All casino sites differ, but, as just mentioned, there are still some rules that are very important to know. Therefore, we have compiled a bit of information for you and organised it, since it is often rather a messy explanation on a casino-site. What it comes down to is that when a wagering requirement needs fulfilling, not just any (table) game will do.
Video Slots and Classic Slots
Most of the time, video slots are the standard game type expected to play for a wagering requirement. Normally speaking, any amount wagered in a video slot counts 100% to your total requirement.
Do keep in mind though, that certain games will be excluded from the wagering requirement, so make sure you read up on that first. Otherwise you might end up spending loads of money on a slot that does not contribute to your wagering requirement.
Classic slots tend to have a slightly lower percentage, so sticking to video slots is probably the smartest way to meet all requirements the quickest.
What about Table Games?
Table games, like roulette and blackjack, rarely contribute a considerable percentage to your requirement. Usually it is even around 5% to the turnover requirement. The reason for this is that the risk of fraud on the player’s end actually exists in table games. At times, table games do not contribute anything towards your requirement.
So just to play it safe, we would suggest you focus on video slots in order to fulfil your requirements as quickly as possible, even if your preference lies with other casino games.
How to Beat Wagering Requirements?
But what if we want to beat the wagering requirement, cash out as quickly as possible and continue playing with bonus cash?
To be completely honest, there is only one way to beat the wagering requirements – and that is to play. The easiest and quickest way to do this is by choosing your favorite eligible slot and playing that on Autoplay. This way your interaction will be minimal and the bets will be automatically placed. That way, your wagering requirements will be met before you know it!
Why do Casinos have Wagering?
A casino bonus is a gift to new customers and without the terms and conditions, these offers would not have been possible. Imagine you get a 100% bonus to a maximum of $500. If you were to get the maximum bonus of $500 and you would be able to withdraw that immediately, it would be great for the player, but the casino would cease to exist rather quickly.
Therefore, most online casinos have installed a wagering requirement as a sort of safety net for themselves. That being said, it’s easy to just get wagering requirements out of the way as soon as possible. That leaves you with more time for just playing, and withdrawing in peace.
82 Free Spins on the House: Straight to Your Inbox
You will find 82 no-deposit Free Spins in your inbox immediately after your newsletter subscription is confirmed!
You will be first to get notified of exclusive offers, free spins, bonuses, tips and news; conveniently sent straight to your inbox with our newsletter.
If you no longer want to receive our occasional offers and news, you may opt-out at any time. All our emails include an unsubscribe link.