Why are Casino Bonus Wagering Requirements Pivotal?
Are you looking out for the best deals at the top-notch live casinos? Well, it’s equally essential to keep an eye on the corresponding wagering requirements tagged with your bonus offer before registering for a deal. Casino bonus come in appealing forms and sizes and is not only irresistible but mostly rewarding. Undeniably, bonuses can amplify your winning opportunities and why not take them when they come as match bonuses, no deposit bonuses, freebies, cash back offers and other promotional offers.
Signing up for a bonus doesn’t mean that you can straight away collect your winnings. Online casinos levy certain rules and basic requirements that customers have to fulfil in order to claim the benefits coming from the bonus. Well, along with other terms and conditions, it’s important to understand what a wagering requirement is and how it can impact your winnings. While you may come across casinos and special promos where wagering requirements don’t apply, you must always read through the rules prior to signing up on the latest casino bonuses.
What is meant by wagering requirement on a casino bonus?
If you would like to know how wagering requirements work, you need to start with understanding the term ‘wagering requirement’ first. It is an amount that a player is required to wager to be able to withdraw any of their winnings in real money. Not fulfilling wagering conditions can lead to complexities in withdrawing winnings and casinos can forfeit the winnings as laid out in their T&C.
From the player’s perspective, you are eventually given an opportunity to increase your investment by 2x or 3x with the first deposit by the imposition of the wagering conditions. There is no doubt that the casino has the edge of locking the funds until the wagering task is fulfilled by you but it is for you to weigh the pros and cons and accordingly take the offer.
Eligibility of games
Not everyone is aware that casinos try to engage players in highly volatile games where the house edge is low but the player’s ability to play through the bonus is easier with an opportunity to increase his bankroll. You might come across casinos that exclude games such as Blackjack and Roulette from a list of games that can be played to complete wagering requirements.
Experts suggest that it’s best to avoid games that do not allow for bonus incentives. This recommendation stems from the fact that casinos will not honour your withdrawals on wins for games that are ineligible.
Withdrawing casino bonus
It’s best not to withdraw too early from your casino bonuses, especially if the wagering conditions aren’t met. It can put you and your casino gaming at stake. Trying to overlook the wagering requirements can lead the casino to close your account or blacklist you making it difficult for you to play at any casinos around the world.
How wagering requirement of a casino bonus can affect your free spins?
Free spins are one of the most lucrative types of casino bonuses. You might easily find these as a part of your welcome bonuses at online hotspots. Most online casinos impose wagering requirements on free spins and it’s absolutely crucial to be mindful of all the terms and conditions of the chosen offer. However, there are a few gambling sites that might allow you to spin the reels as many times at a fixed stake without having to meet a set wagering criteria for withdrawing the cash won from it.
What percentage is contributed towards your wagering requirement on a casino bonus?
Regardless of which casino you play at, every category of the game has a varying contributing percentage. Some online casinos have slot games contributing 100% while table games such as Poker, Roulette have 50% contribution with other games such as live casino games contributing 10%. There is no escape, it is vital that you keep yourself abreast with the T&C.
For players who don’t want to get into withdrawal limitations enforced by wagering conditions, there are no-wagering casinos as well. However, at such casinos, your ability to play aggressively and maximise your advantage could get stunted with fewer rewarding offers. Bonus deals with wagering requirements potentially boost customer loyalty and open up possibilities of sealing exclusive bonuses and playing a variety of new games.
Author : Heather Heaton
Published Date : 01/07/2019
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