There are many reasons why online casinos have wagering requirements in place. The most common reason is to protect the casino from players who may try to abuse the bonus system.
Wagering requirements also give the casino a way to ensure that players are actually playing the games and not just trying to cash out the bonus money as soon as they receive it.
That way, customers can explore features, such as Casumo live casino, for example, and use the wagering requirements of a specific bonus to determine if they like the feature or not. After all, the wagering requirements encourages customers to wager to bonus before they can cash out, which is a great opportunity to explore different offers.
Overall, wagering requirements are a way for online casinos to protect themselves and their bonuses from abuse. They also help to ensure that players are actually playing the games and not just trying to cash out the bonus money.
Read on to know a bit more about online casinos and wagering requirements.
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What are wagering requirements?
A wagering requirement is a multiplier that represents the number of times you have to play through a bonus before you are able to withdraw any winnings. For example, if a casino offers a 100% match bonus up to $200 and has a 30x wagering requirement, you would need to bet $6,000 ($200 x 30) before you could withdraw your winnings.
Wagering requirements are also sometimes referred to as playthrough requirements or rollover requirements.
Casinos typically impose wagering requirements on bonus cash in order to prevent players from abusing their bonuses. However, these requirements can sometimes be too high and make it difficult to actually withdraw any winnings you may have earned.
When choosing a casino bonus, always make sure to check the wagering requirements so that you know how much you need to bet before you can withdraw your winnings.
How do wagering requirements work?
A wagering requirement as explained above is a multiplier that represents the number of times you have to play through a bonus before you are able to withdraw any winnings. This means that you will have to fulfill a certain number of plays with your bonus before you could be allowed to take out any winnings you may have earned while playing using the bonus.
Wagering requirements can apply to different types of bonuses, including welcome bonuses, reload bonuses, no deposit bonuses, and free spins bonuses. They are usually expressed as a multiple of the bonus amount or the bonus + deposit amount. We emphasize the example here again to make things clearer about wagering requirements: if a casino offers a 100% match bonus up to $200 with a 30x wagering requirement, it means you have to bet $6,000 in total ($200 x 30) before you can attempt to clear the bonus and take out your winnings.
Wagering requirements can vary from one casino to another and from one type of bonus to another. The lower the wagering requirement, the better it is for the player.
What happens if I don’t meet the wagering requirements?
If you don’t meet the wagering requirements, you may not be able to withdraw your winnings.
The wagering requirements exist to protect the casino from players who would otherwise take advantage of bonuses.