Wagering requirements also known as play through,are part of the terms online casinos put on bonus money. Online casino bonuses are a great way to stretch your gaming budget and playing time. Wagering requirements are the way online casinos can afford to give away great cash bonuses. The online casinos impose play through requirements because they are after all a business, and a business must make money to stay in business. If the casinos just offered free casino cash they would lose their asses and be gone tomorrow. All online casino bonuses have some type of wagering requirement. you should not be deterred by wagering requirements , but rather make sure you understand them BEFORE accepting any bonus.
What Exactly is a Wagering Requirement
Wagering requirements are a stipulation that you agree to wager your deposit plus the bonus received a certain number of times, prior to requesting a withdrawal. Wagering requirements can range from 5x to 50x depending on the bonus percentage received and the casinos terms and conditions. These requirements are only attached when you take a bonus, this is why some player refuse to accept a bonus from online casinos.
Common Wagering Requirements
Every online casino offers their own bonuses with their own wagering requirements. As each casino has different wagering requirements, a few common standards do exist. Typically wagering on roulette and craps will not count towards meeting your play through requirement. Also wagering on certain games such as video poker and blackjack will often count at a reduced rate. Usually 20% of your wager will count towards meeting the play through requirements.
How Wagering Requirements Work
If you have a wagering requirement of 20x your bonus plus deposit and your bonus is $25 and your deposit was $25, you will have to place $1000 in wagers before you can cash out. That is $25 + $25 = $50 multiply that by your 20 times play through and you come up with the $1000 in wagers required. Some casinos will require wager requirements on only the deposit or even just on the bonus, so it is best to read the conditions of the bonus to accurately figure out the play through requirements.
You are typically not required to place all the bets on any one game, you may jump around from casino game to casino game. You also do not have to place all the wagers in one day, most casinos will allow 7 days to fulfill the wagering requirements
Tips for Clearing Wagering Requirements
While there is no fool proof way to clear your play through, we do have a few tips for clearing wagering requirements. The most important thing is to first understand casino games rules, without knowing the game you will not use optimal strategy.
When it comes to casino slots stay away from progressive jackpots and high variance games, as these will quickly eat up your bankroll if you do not get a big hit. A great tactic to use on the slot machines, is to place lower bets. This will give you more game play and more chances at hitting the bonus rounds and bigger hits. If you place larger bets, yes a big payoff may come, but it is more likely that your bankroll will quickly be depleted.
Wagering requirements are only placed on your gaming account when you accept a casino bonus. So it is up to you to decide whether or not to accept them. Many players actually do not accept them for the fact that they do like having their gambling money tied to the wagering requirements and want to be able to cash out at anytime. There are many types of online casino bonuses available. Using online casino bonuses can really pump up your bankroll and give you a lot of extra entertainment, but remember that the online casinos like them also, because they keep you coming back.