Wagering requirements govern each and every casino bonus at US casino sites. After all, no free deals come without some sort of terms and conditions attached. It is an accepted practice at all of the most popular casino sites in the United States as well as the rest of the world. As they affect the usefulness of a bonus offer, it is very important to compare offers to see which adds the most to your gameplay session. Big bonuses may look extremely enticing but when you have a look at the wagering requirements attached to some of these offers, they may appear to be more hot air than anything else.
If you would like to learn more about the purpose of wagering requirements and how they affect your bonuses, make sure to read on down below. In our guide to wagering requirements, we have a look at all you need to know about them here. We even provide a guide on how to calculate wagering requirements. We also provide players with a list of online casinos with the best bonus wagering requirements. So, read on and start taking advantage of bonuses with better wagering requirements.
Wagering requirements are the terms and conditions attached to the bonuses available at a particular casino. Basically, players need to meet the conditions stipulated by the casino before they are able to withdraw the bonus cash. You will not be able to withdraw the cash before meeting these requirements.
The purpose of wagering requirements is to prevent players from signing up to the casino, making a deposit, and immediately withdrawing the cash thereafter. It would be an easy way to make a lot of money quickly if this was possible, in addition to the fact that not many casino sites would be in business.
Each site has its own set of wagering requirements attached to bonuses. In general, the requirements set on bonuses at sports betting sites are a lot more favorable than casino sites. Bonuses at betting sites often have single-digit playthrough requirements whereas those at casino sites often go above 20x. If you are unsure about what this means, carry on reading to find out.
How do Wagering Requirements Work?
While each casino has its own set of wagering requirements, they all work in a fairly similar manner. So, let’s say you decide to join a new casino site and opt to claim a welcome bonus. The welcome bonus is a 200% matching deal and you deposit US$100. The casino will give you US$200 in bonus cash.
If the casino’s bonus terms and conditions have a 30x wagering requirement that needs to be met before you can withdraw, you will need to bet at least $6000 in cash. We are able to calculate this using the following formula:
Bonus amount x wagering requirements
It is important to read the full bonus terms and conditions. Often times, players will find that some games either don’t count as playthroughs or don’t count as much. In addition to this, we also recommend that players make sure to have a look at the number of times they will have to playthrough. The standard is considered 30x, whereas 50x is quite high. Any casino that requires 100x or more is just playing around with you.
Wagering requirements are also applicable to free spins. It is important to have a look at the monetary value that a casino attributes to each free spin and whether you are using them in a way that will allow you to make a withdrawal at the end of your playthrough.
How to Beat Bonus Wagering Requirements
There really isn’t a way to get around wagering requirements. However, there are a few things that you can do to ensure that you are getting the best possible deal out of the situation. This includes the following:
Shop for Casinos – so, some casinos have better wagering requirements attached to a bonus offer than others. Before picking just any casino and signing up, have a look at the casino’s bonus policy. You don’t want to find out after making a deposit that the casino you signed up to has a bonus policy featuring wagering requirements of 70x or more.
Play the Right Games – you want to withdraw your bonus cash as quickly as possible and so you do not want to waste your time playing games that do not count towards the site’s stated stipulations. Usually, table games don’t count as much to wagering requirements.
Opt Out – if you don’t want to deal with the hassle of meeting terms and conditions to make a withdrawal, you do have the option not to accept the bonus at all. If the wagering requirements of a bonus are particularly terrible, we strongly recommend choosing this option.
Wagering Requirement FAQs
What is a no wagering requirement?
Aside from no deposit bonuses, these are some of the most sought-after bonus deals at casinos and betting sites. These are basically bonuses that do require players or bettors to fulfill any sort of wagering requirement. It literally is free money. These offers are extremely rare almost to the point where you have to see it to believe it exists.
Are wagering requirements worth it?
So, we’ll be honest with you. Some wagering requirements render a bonus completely useless. Casinos will expect you to give them the moon and more before they pay you out and it is just not worth doing. We’d steer clear of such casinos that make you jump through a million loopholes to get a payout.
Can I withdraw my bonus without meeting wagering requirements?
Very often, casinos will void your bonus and your winnings if you try to withdraw your cash before meeting the stipulated requirements. It is for this reason that we really recommend that you do not try doing so.
Is it possible to beat wagering requirements?
If you mean fulfilling the bonus requirements and making a full cash withdrawal afterward, yes, it is. However, if you mean getting around meeting the requirements before you make a withdrawal, then no. We recommend that players stick to playing slots when trying to meet the terms and conditions stipulated by casinos.
Can I withdraw winnings from a no deposit bonus?
Yes, you can. However, as with all bonuses, you will need to meet a wagering requirement. The rules governing these bonuses are usually a lot stricter than those governing any other bonus offer.
What is a playthrough requirement?
Playthrough requirements is usually used to term the number of times players will need to play through the bonus cash before they are able to make a withdrawal. Wagering requirements is more of a general term used to reference all stipulations.