What Is Wagering Requirement Online Casino

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If you decide to claim a casino bonus, information about wagers you need to make will pop up. To know how to deal with them, here you have everything about online wagering requirements explained.

What is a Wagering Requirement? Wagering Requirements are the hidden restrictions imposed on the gamblers by various online casinos in many different forms. Before making any deposits you need to read the terms and conditions of internet casinos carefully. Also, known as play through, the wagering requirements are set by the casinos to lock the. Dec 11, 2020 About wagering requirement. In the world of online casinos, a wagering requirement is the number of times a gambler should play the money of the bonus being permitted to make a cash withdrawal. A gambler should fulfill the conditions that a casino bonus contains. It includes a minimum limit for withdrawal or wagering requirements.

Every gambler likes claiming online casino bonuses. There are many reasons why casinos give bonuses but in the end, they are useful both for casinos and players. However, there is one important thing players should pay attention to and that’s wagering requirements.

Wagering requirements are an inevitable part of casino bonuses. Therefore, it is useful for every gambler to know how these two things are connected. To learn why wagering requirements exist and how to fulfill them, read this article.

Wagering requirements explained: what is this?

As we have already mentioned, wagering requirements are connected with casino bonuses. A bonus may come in different forms including bonus money, free spins, extra rounds, etc. Regardless of the bonus type you claim, you need to meet wagering requirements to receive it. So, what is it?

A wagering requirement is a multiplier that indicates how many times you have to play though a bonus or how much money you have to wager before you can withdraw any winnings. Before you do it, your bonus money is stored in a separate wallet and can’t be withdrawn. As soon as you fulfill the requirements, a casino will convert the bonus money into real cash. By the way, here you can find the latest online casino bonuses.

Here is an example of a wagering requirement. Supposedly, you get a $20 online casino bonus that has a 10x wagering requirement. This means you need to spend $200 on selected games before you can withdraw any winnings you have received.

What is wagering requirement online casino games

Reasons why casinos have wagering requirements

At a first glance, there is no need in having wagering requirements. They make gamblers’ life more difficult but it’s not the reason why these requirements exist. What is more, a greater income for online casinos is not the reason too. So, why do gambling sites have wagering requirements?

The main reason why requirements for wagers have to exist. Online casinos prevent money laundering practices by introducing such rules. Otherwise, criminals would have cleaned their illegal incomes using gambling sites as a platform.

In addition, wagering requirements don’t allow greedy players to abuse casino bonuses. If there were no restrictions, they would have used online casinos for attractive perks without spending money for a single game.

Top-5 best casinos with low wagering bonuses

Now you have everything about wagering requirements explained. Unfortunately, there is no way to avoid them for strong reasons. However, you can find sites with relatively low requirements for wagers.

Here are five online casinos with loyals wagering requirements for players in 2021:

  • Betsafe Casino
  • WilliamHill Casino
  • Intertops Casino
  • Betfair Casino
  • KatsuBet Casino
What Is Wagering Requirement Online Casino

What Is Wagering Requirement Online Casino Games

KatsuBet has friendly wagering bonuses

Online casinos are popping up almost every day, and each one of them has devised something ingenious to appeal to potential customers. One of the more popular perks of online casinos is to offer bonus money to new and existing players. These bonuses all have rules for use and withdrawal, which is referred to as “wagering requirements” or “play through requirements”. These requirements will be defined as an amount that must be bet prior to making a withdrawal on the bonus money or any winnings that you have as a result of betting with your bonus. Initiating a wagering requirement is the method that online casinos use to make sure that players don’t just take the bonus money and run. Just what, exactly, are “wagering requirements” and how do they vary from casino to casino?

One of the first things that you will discover about wagering requirements is the “number of times” the amount of the bonus money will have to be wagered before a withdrawal can be made 카지노사이트. This number can range anywhere from 9 times the amount of the bonus to 37 times or more. Each casino has its own number that they have designated. What this means is that if a casino has a wagering requirement of 9 times the amount of the bonus, and your bonus is £25, then you must make enough bets to equal 9 times £25, or £225, before making that withdrawal.

What Is Wagering Requirement Online Casinos

There are also bonuses like the “Sign-On Bonus” that have play-through requirements for the amount of the bonus plus the amount of the qualifying deposit. In this instance, let’s say that you have a 100% Sign-On Bonus up to £150 with a 36 times wagering requirement. You make an initial deposit of £50 into your players account and then sign up for this bonus, giving you £650 with which to play. Before you can make a withdrawal on this money, or any of the winnings associated with it, you must make wagers that total the amount of the bonus (£150) plus the qualifying deposit (£150) times 36. This is 300 times 36, or £10,800. Remember, this is the amount that has to be wagered or bets placed, not the amount of money that will need to be deposited into your account.

Wagering Requirements Calculator

Looking at the wagering requirement “number” should not be your only consideration while making a decision on which live dealer casino offers the best bonus money. You will need to be aware of other factors before deciding to accept any bonus money, such as which games qualify towards meeting the play-through requirements and which games are exempt. There are many online casino that boast of smaller wagering requirements, however, the wagers of very few games actually qualify towards meeting your requirements. Additionally, some casinos allow wagers on games like live dealer blackjack or live dealer roulette toward the requirements, but at a reduced rate. For example, for every £10 bet that is placed on live dealer blackjack, only £5 is applied to the play-through requirement; likewise, when playing live dealer roulette, only even money bets like red/black or even/odd will be applied.