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Unpacking Casino Wagering Requirements
The Most Misunderstood Casino Term
It’s exciting to see a big bonus added to your casino account. However, you’re blocked from cashing out your balance. This is almost always due to wagering requirements, a condition that is attached to nearly every casino bonus.
Defining the Concept
A wagering requirement, also known as a playthrough or casino turnover requirement, is a multiplier that represents the number of times you must play through a bonus before you are able to withdraw any winnings associated with it.
Here’s a simple example:
- You deposit $50 and receive a $50 bonus.
- The terms state a 30x wager on the bonus.
- To clear the bonus, you must wager a total of $1,500.
Your goal is to reach a total betting volume of $1,500 to fulfill the requirement.
Important Nuances to Be Aware Of
There are several factors that can affect how easy or casino difficult it is to meet the playthrough.
Factor | Explanation |
---|---|
The Basis of Calculation | Always check if the multiplier applies just to the bonus or to the combined total of your deposit and bonus. A 20x requirement on (bonus + deposit) is equivalent to a 40x requirement on the bonus alone. |
Game Contributions | Check the game contribution chart. If you bet $10 on a game that contributes 10%, casino only $1 will count towards your wagering. |
Expiration Dates | These deadlines can put pressure on players, so it’s important to know them upfront. |
Maximum Bet | Always adhere to the max bet rule to avoid losing your promotion. |
Should You Claim a Bonus?
Despite these conditions, casino bonuses can still offer excellent value. The extra funds can enhance your entertainment and potential for winning. The key is to carefully examine the rules associated with the offer. By doing so, you can find bonuses with fair requirements and make the most of your online casino experience.