To grasp the concept of wagering requirements, it's essential to begin with the definition of a wager. That part is very simple. A wager in simple words means to place a bet.
And now if you are wondering what wagering requirements are in online casinos, let's move a bit forward. Online casino bonuses come with terms and conditions. Among the most important conditions is the wagering requirement.
Basically, it's a rule from an online casino saying you have to play with the bonus money several times before you can withdraw your winnings.
On this page, we will explain everything related to casino wagering requirements in detail.
What Are Wagering Requirements?
When you join a new online casino and grab a bonus offer, you'll find various bonus and promotional offers like free spins, cashbacks, or reload bonuses. Sounds great, but these deals have conditions called wagering requirements.
Simply put, wagering requirements are rules that say you have to bet a specific amount of money before you can take out the bonus or any winnings you get from it.
Types of Wagering Requirements
Understanding the various types of wagering requirements is crucial for you before you start your adventure with online casino gaming.
Wagering requirements come in various forms, each tailored to specific games or bonuses offered by the platform.
Playthrough Requirements
This is the most common type of wagering requirement. For example, a 20x playthrough requirement on an INR 10,000 bonus means you need to wager INR 2,00,000 (INR 10,000 x 20) before withdrawing any winnings from your casino account.
Let's say you receive an INR 2,000 bonus as per your deposit amount with a 30x playthrough requirement. To withdraw any winnings, you must wager INR 60,000 (INR 2,000 * 30).
Game Contribution
Different casino games count toward meeting the wagering rules in various ways. Slots often count fully (100%), but table games might count less or not at all towards fulfilling those requirements.
For example, imagine a scenario where slots contribute 100% to the wagering requirement, but table games contribute only 50%. If you wager INR 1,000 on slots, the entire INR 1,000 contributes to the requirement. However, if you wager INR 1,000 on a table game, only INR 500 counts toward fulfilling the requirement.
Learn more about this topic in our game contribution guide.
Time Limitations
There is always a timeframe within which you must fulfill the wagering requirements. If not completed within that period, the bonus and any winnings will not be applicable.
Consider a bonus with a 7-day time limit. If you don’t meet the wagering requirement within these 7 days, the bonus and any winnings associated with it will be null and void.
What Makes Wagering Requirements Fair?
Wagering requirements act as a way for online casino platforms to keep their promotions in check while making sure their business stays sustainable as well.
Though these requirements are often a topic of debate, their goal is to create a balanced deal between you and the online casino operator.
Here are some points where we will explain what makes wagering requirements fair and square.
- Multipliers: Fair wagering requirements generally have lower multipliers, such as 20x or 30x, making it easy for you to reach them without overly burdening your gameplay.
- Timeframes: Fair wagering requirements offer ample time for you to meet them. A timeframe of 15 to 30 days is generally considered reasonable. Although many casinos offer 7 days as well it can be hectic if you are new to the gaming world.
- Game Variety: Fair requirements allow you to fulfill them by playing a variety of games, not limiting them solely to slots or table games. Loads of inclusion of game variety can help you cover the wagering requirements with ease.
- Transparency and Clarity: Reliable and Trustworthy platforms maintain fairness in their wagering requirements and are transparent about their terms and conditions for the offset. They present them clearly and avoid any hidden clauses.
Tips to Complete the Wagering Requirements
Meeting wagering requirements can be challenging, but there are strategies to help you achieve them more effectively. Let's give you a few tips to achieve the same.
Choose Games Wisely: Different games help you meet the wagering rules in different ways. Online Slots usually count all of your wagers towards meeting the requirements. Meanwhile, table games and card games only count a smaller part of your bet, like half or even less. So, if you want to clear those requirements faster, playing Slots is often better because they count the most towards meeting those requirements compared to other games.
Focus on High RTP Games: Slots can speed up your wagering needs, but they're not all the same. Pay attention to Return to Player or RTP. Lower RTP games have higher variance. They don't give frequent payouts, but when they do, they're bigger. If you're aiming to meet wagering rules, start with these games. They can quickly boost your funds, giving a cushion against potential losses later on.
Keep Track of Requirements: Regularly check how much of the wagering requirement you've fulfilled. This helps in strategising your further online gaming. Ensure you understand the T&Cs associated with the bonus. Sometimes, certain games might not count towards fulfilling the requirements.
Timing and Patience: Understand the time limit for meeting the wagering requirements. Plan your gameplay accordingly to ensure you don’t run out of time. Wagering requirements can take time to fulfill. Don't rush and play patiently.
