What to Know About Wagering Requirements
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What are Wagering Requirements?
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Wagering requirements refer to the amount of times you must place bets with your bonus winnings before you can receive the winnings. For example, if a casino offers a no deposit offer with a wagering requirement of 20 times, you must bet a total of 20 times your bonus before you can cash out. In simple terms, it means you need to bet your bonus funds 10-20 times.
Types of Wagering Requirements
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There are two types of bonus conditions: rollover and playthrough. The rollover requirement is the complete payout threshold, while the playthrough requirement is the playthrough amount per game.
How Wagering Requirements Work
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Online casinos usually apply wagering requirements to bonuses offered by online casinos. When you claim a bonus, the playthrough requirement is triggered. You then have a set period to meet the requirement (varies per casino), during which you can make bets and try to clear the requirements.
Some examples of how wagering requirements work:
- You deposit $100 at a casino and mega888 claim a no deposit offer with a bonus condition. You need to bet twice as much.
- You receive a $50 bonus with a bonus condition and you must place bets on slots to clear the requirement.
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To minimize losses, it's essential to check the bonus rules of any bonus before claiming it. Check the wagering requirement and the types of wagers that count towards the requirement. Here are some things to keep in mind:
- Low wagering requirements are usually better, as they require less play to clear the requirements.
- Specific types of wagers contribute more to the wagering requirement than others. For example, slots often contribute 100%.
- Some gaming platforms offer no playthrough requirements but these are usually limited to very small bonuses.
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To improve your odds of meeting bonus rules, follow these advice:
- Choose games that contribute most to the requirement.
- Make smaller wagers to keep your finances in check.
- Review the bonus rules thoroughly before claiming a bonus.
- Don't chase losses.
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Bonus rules can seem challenging at first, but once you understand how they work you can take advantage of them. Remember to read the terms and conditions of any bonus and choose games that contribute most to the requirement.
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