Understanding Wagering Requirements In Online Casinos

If you hunt online casino bonuses regularly, you would be quite familiar with wagering requirements. However, new online casino players and bonus hunters might not understand these requirements completely. Let’s discuss several aspects of wagering requirements set by online casinos so that you can enjoy maximum benefits of online casino bonuses in no time at all.

Depending on the online casino's policy, you may find different wagering requirements. Wagering requirements cover two main things: the bonus money and the winnings you get from playing with the bonus money. Some top online casinos will allow you to withdraw winnings, completely hassle-free, although some available casinos are now limiting withdrawal to increase their profitability.

A wagering requirement is put in place by online casino in order to ensure that when bonuses are offered they cannot be abused by players who were not really planning to play in the specific casino. This prevents players from signing up, receiving special bonuses, and then withdrawing the bonus as cash without placing any bets.

Usually the wagering requirements work along the lines that players need to gamble the amount of money equal to their initial deposit as well as the bonus money offered by the online casino a certain number of times before they are able to withdraw the cash earned from the bonus or the bonus plus the deposit.

Some online casino site place their wagering requirements on the bonus offered plus the initial deposit. Other top online casinos place the wagering requirements only on the bonus they give their players.

Let's say If you deposit $50 at an online casino, and receive a 50% of deposit bonus, they will now have their initial $50 deposit plus the best casino bonus of $25. If the play through requirement is that players have to play 10 x the value of their deposit + bonus, the amount needing to be wagered can be worked out as follows:

• $50 (deposit) + $25 (bonus) = $75

• $75 x 10 (play through requirement) = $750

This means that players will need to wager $750 in order to be able to cash out any money.

Often, when only the casino bonus has to be wagered a certain amount of times, the number of times for the wagering requirement is greater than when the deposit and bonus are added together. In this example, the initial deposit is not a factor in working out the wagering requirements.

The $25 bonus may have to be played a total of 20 times as opposed to the 10 times when it was added to the initial deposit.

• $25 (bonus) x 20 (play through requirement) = $500

When structured in this way, players will have to wager $500 within the alloted time.

Although online casino wagering requirements differ from casino to casino, usually wagering on craps and roulette do not count towards the play through requirement. Casino games such as blackjack and video poker will often count towards the requirement, but usually at a much reduced rate, where only a percentage of what has been wagered will count towards the requirement amount.