How Wagering Requirements Work
To avoid the inconvenience caused by bonus abuse, top online casinos usually set wagering requirements in place to protect the bonuses they are giving away. When a casino bonus is redeemed, players will find the wagering requirements to be outlined in the terms and conditions of the casino, which will indicate the amount of money players will have to wager before they can cash out the winnings they have generated from the bonus offer.
When it comes to meeting wagering requirements, it is not usually difficult as most players continue to wager and play the games that are supported. However, it is important for players to know the requirements, as sometimes they can be quite high, making it quite challenging for players - especially new ones - to complete the bonus offer. Not all casinos have the same requirements, so when you choose a bonus, make sure it offers the most cash and lowest possible wagering requirement.
Is There a Difference Between Playthrough and Wagering Requirement?
Not really! Wagering requirement is also commonly referred to as a playthrough or bonus requirement. This is the amount of money players will have to wager in order to take advantage of a casino bonus. More often than not, this will be 20 or 30 times the sum of the deposit and bonus, but it can also be a number multiplied by the bonus, such as 30x the bonus.
Bonus Clearing Techniques
1. Choose a Bonus That is Easy to Clear
When you are looking for an online casino to play at, it is always worth looking into the different bonuses it has to offer. Obviously, you would want to go for a casino bonus that is going to offer you the most, while making it simple for you to clear it. While some casinos offer bigger bonuses, they are usually hard to clear.
2. Avoid Cashing Out too Early
Cashing out too early can jeopardize your chances of obtaining the casino bonus. Since clearing the bonus is a requirement at many online casinos, attempting to cash out sooner could lead to you losing the bonus. In addition, the bonus may be subject to other rules and this is another reason why you should read everything about the bonus you have set your sights on.
3. Make Large Deposits
After you have chosen your method of deposit and it is time to make your deposit by entering the bonus code, consider making the largest deposit possible to increase the size of your bonus. Try to get as close as possible to the maximum amount, but at the same time make sure you are able to fulfill the rollover requirements.
No Deposit Bonuses
Besides welcome bonuses, no deposit casino bonuses are also a popular choice at online casinos, especially for players looking to play online slots. This type of bonus is beneficial to new players, who have just started out in the online casino world. When it comes to a no deposit casino bonus, there are no risks involved. The online casino offers cash to the new player so that they can access their games, which is a great way for players to try out games and compare different casinos.
While a no deposit bonus lures in new players, they are also the hook that keeps existing players coming back for more. If players are able to generate winnings from the obtained bonuses, they will have to meet wagering requirements and make cash deposit in order to withdraw. However, if the player does not win, they are not obligated to stay at the casino and can leave the site to look for other casinos that suits their gambling needs.
Whether you can withdraw your winnings from a no deposit bonus primarily depends on the terms and conditions set by the online casino. Where some will allow players to withdraw their winning after they have met the wagering requirements, others will let players use that money to start their bankroll. However, the actual money - that was given as a no deposit bonus - remains the property of the online casino. Only the extra winning usually counts real money.
That's about it! That was (almost) everything that you need to know about casino bonuses and how they work. Now that you have a better understanding about online casino bonuses, you will be able to better use them to your advantage.