Online casinos come off as the most generous online platforms. These casinos literally throw money your way but what you may not know is that, there is a catch. There always is and the only way for you to know about the catch is by reading the play through or the wager requirements.
Most casinos don’t indicate their wager requirements for free online casino games upfront. To get this information, you should take a little more time reading the fine print before signing up for the high bonuses.
What are wagering Requirements?
Wagering requirements refer to the part of the terms and conditions directly applied to bonuses and other forms of giveaways. Wagering requirements is nothing but the amount of money players need to bet in an online casino in order for players to be able to release or withdraw the bonus winnings into Main Cash Balance account in a casino. As a norm and as happens in most of the online casinos, most bonuses are not free to be withdrawn. The deposit players make relating to the bonus and also the winnings that players make from the bonus given by the casinos cannot be withdrawn until this wagering requirement outlined is met.
As explained above the wagering requirement is nothing but a casino asking you to bet number of times, for you to be able to withdraw your winnings. The wagering requirement vary from casino to casino. You cannot assume that having read the wager requirements instituted by one casino you understand the complete rulebook of every casino. For instance, if a casino offers a 50 Euros as bonus with a 30X bonus, you will be expected to wager 50 x 30 = 1500 Euros so as to withdraw your winnings of other free money linked to this bonus offered by the casino.
The casino doesn’t get bothered with your wins or losses as long as you meet the wager requirement. Can you afford it? Before placing your first bet against the wager, check your finances to determine if you can afford it.
How to meet wager requirements
Wagering requirements don’t come on their own as they are constrained by conditions like online casino games to play the bonus with or the maximum time requirement to use the bonus.
Wager requirements constrained to time are straightforward and you must wager as assigned; 30-day wagers mean that you have to place bets a number of times within 30 days. Casinos impose different percentage requirements for different games meaning that your bonus may only get approved if you play those particular casino games. In most sites, slots have 100% wagers. Blackjack, roulette, and poker have lower percentages in wagers.
Because of the time and percentage complications, most casinos lay out their wager requirements clearly in the terms and conditions sections. When in need of clarification, the customer services teams are always ready to help you.
Don’t say you weren’t aware, these wager requirements are clearly outlined by casinos and all you need to do is read them carefully and jump ship when you are unable to meet the requirements put forth. Before claiming a bonus read the fine print however boring it looks. Follow the rules to enjoy the game and win.