Casino Wagering Requirements
Before defining what a low wagering casino actually is, it’s important for players to understand what the term ‘wagering requirement’ means. Also known as playthrough, a wagering requirement represents the number of times punters have to play a bonus before being able to withdraw their winnings. Online casino wagering requirementsThe most comprehensive and up-to-date no wagering casino directory. Online casino wagering requirements Skip to the content. We Offer 0% Interest-Free Financing. Meet Your Private Jeweler (Virtual Consultations) Schedule a Visit; 214-466-1776.
Many online casinos offer bonus money to new players who sign up and make a deposit. This gives the player extra funds which they can use to play slots and games. But nearly all bonus money comes with wagering requirements.
This prevents players from being able to quickly withdraw these extra funds to their account. Instead, the player is forced to bet the bonus money over and over again. Only when enough bets have been placed can the player finally make a withdrawal.
The wagering requirements determine how many times you need to bet. So it’s important to know exactly what they are.
How are wagering requirements calculated?
All casinos must state how many times their promotion needs to be wagered. However, the casino can’t do the actual calculation themselves.
That’s because the amount of bonus money you get depends on how much you deposit. So it’s different for each player.
Use this method to do the calculation:
- Check the terms and conditions to find out how much you need to wager. It will often be stated as x30, x40 or similar.
- Multiply your bonus money with this number to find the wagering requirement target.
Here are a few common examples that you’ll find at online casinos.
40x wagering requirements
This means you must bet your bonus 40 times before it can be withdrawn.
Example: Let’s say you get a promotion of £50.
Just multiply the £50 by 40. This equals £2000. You must use your bonus money to bet that amount before it can be withdrawn.
30x wagering requirements
This means you must bet your bonus 30 times before it can be withdrawn.
Example: Let’s say you get £25 as part of a promotion.
Again, multiply this £25 by 30 to equal £750. This is how much you would need to bet using your bonus.
20x wagering requirements
This means you must bet your bonus 20 times before it can be withdrawn.
Example: A promotion gives you £100.
Follow the same formula: multiply the £100 by 20 for a wager requirement of £2000. You would need to use the bonus money to place bets worth £2000 before it could be withdrawn.
0x wagering requirements
Most players end up losing the bonuses completely before they hit the target. This is annoying and something that British players often complain about. So some casinos have gone for 0x wagering instead.
This means you can withdraw whatever you win straight away. There’s no need to be betting over and over again.
No Wagering Casino Bonus
Of course, there is a much bigger risk for the so-called no wager casinos that do this. But they are hoping that this type of promotion will attract more players to their site.
It seems to be working too as a lot of players in Great Britain are searching for them specifically. There’s now a good selection of no wagering casinos in the UK to satisfy this demand.
Understand the rules & terms
But the majority of sites do still make you wager their bonuses. Therefore, as well as calculating the target, it’s important to understand all of the rules.
For example, you can often only wager a maximum of £5 for each spin or round. A lot of promotions have an expiry date. Some casinos are very sneaky and make you wager the bonus amount plus your deposit amount (which vastly affects the overall target).
This guide to casino wager requirements explains more about the common rules and terms that you may find.
Confused? Contact support
If you are ever unsure about a term, get in touch with the casino’s customer support team. Casinos are very strict about their terms and conditions. If you break these rules (even accidentally) then they will confiscate your bonuses and any winnings.
Most sites have a Live Chat feature so you can speak to an agent immediately. They will be able to explain everything to you in full. If you tell them how much you want to deposit then they will even be able to calculate the wagering for you.
Remember to follow this advice for safer gambling at all times.
The free bonus every player receives at every online casino is one of the best tools for those gambling websites to compete with each other. And no need to say that the players love them. And what’s not to love – free money just for choosing a casino? You’d be insane to skip on this kind of opportunity to increase your bankroll before you even spin those virtual slots reels.
But a mistake new online casino players make when they first join a gambling website (possibly lured by the large welcome bonus offer) is to not prepare themselves for the wagering requirements all casinos attach to their bonuses. They go by many names: wagering requirements, play-through requirements, rollover, but they all mean one thing – that nice bonus does come with some strings attached. And here we will explain those wagering requirements in a simple, but concise way. You will find out what is a bonus playthrough requirement, how does it work, how to best satisfy it, and much more.
Wagering Requirements Explained
Let’s briefly imagine a situation where an online casino is offering a 100% match bonus for new customers. Quickly thinking on our feet, we can say, “Hmm, I’ll just deposit, get the bonus, and withdraw it all right away!”, right? Double your money without absolutely no risk, who doesn’t want a piece of this imaginary pie?
Well, this is where the wagering requirements come into play. Since the online casinos aren’t being ran by idiots, every casino bonus comes with certain “play-through” requirements, before the customer can withdraw the winnings resulting from the bonus, (and/or the bonus itself, depending on whether it’s a cashable or non-cashable bonus). In a nutshell, the player must wager (or “play through”) a certain amount, before the money becomes eligible for withdrawal.
How The Play-Through Works
While there is some basic math involved, how the casino bonus wagering requirements work is very easy to understand. As mentioned, every bonus will come with them, and they are expressed as a multiplier of your bonus and deposit amount. Let’s look at an example, and we promise, everything will click right into place. For instance, a 100% welcome bonus by an online casino may come with “6 x deposit + bonus”, as a playthrough requirement. This means that the wagering requirement, i.e. the total amount the player must wager, should be equal or greater than six times the combined amount of the deposit and the bonus.
So, let’s imagine that the player deposits $100. They get another $100 free, as part of the welcome bonus, and start with the total of $200. Using our wagering requirement of 6 x deposit + bonus, it means that in this case, the player must wager at least $1,200, before they can withdraw any of the winnings, i.e. 6 x ($100 + $100) = $1,200. In other words, you need to place bets in the amount of $1,200 in order to satisfy those wagering requirements.
Thusly, the basics for calculating and clearing the wagering requirements follow this formula:
- Find out the playthrough multiplier (for example, 5x, 10x, 25x, etc)
- Add the bonus and deposit amount
- Multiply that amount by the wagering multiplier
- Place wagers in the amount of the wagering requirement or higher
- Withdraw your winnings and the bonus
As you can see, because of the nature of the bonus offers at the casinos, the play-through requirements will nearly always come as a multiple of your bonus and deposit amount. Since the casino doesn’t really know he exact amount you would deposit, this blanket rule makes it very easy to calculate the wagering amount needed, regardless of the actual dollar amount deposited.
How To Beat The Wagering Requirements
Wagering Requirements Calculator
Well, you cannot exactly circumvent this casino rule, but there are a few tips you can heed in order to improve your chances of actually cashing out winnings, after you claim a bonus.
First, always make sure you actually read the bonus T&C, because you need to know how much the wagering requirement is for that particular bonus. This is where most new online casino players make their biggest mistake – not knowing about the playthrough, they assume that when they have won enough, they can just cash out. Unless it’s a custom offer tailored specifically for you by the casino, it’s safe to assume that every bonus will come with wagering requirements.
Uffposteat Wagering Requirements
Second, don’t be afraid to compare the wagering requirements the same way you would compare the bonus amounts. You’d be surprised how different the playthrough numbers could be not only between two different casinos, but even between two different bonus offers at the same online casino.
And finally, try to avoid bonuses with very high playthrough requirements. Of course, we would all want to see bonuses with wagering stipulations in the single digits, but those would be very rare. Most of them, especially with welcome bonuses, would be around 20x – 30x bonus+deposit, but sometimes you can get lucky and find a wagering requirements in the teens, other times – well above 30x, the latter should be generally avoided, unless everything else seems like a really good offer and you can live with the higher bonus playthrough.