Bonus wagering refers to the conditions that players must meet to withdraw bonus funds or winnings derived from these bonuses. When a player receives a bonus, either as a match on their deposit, a free spin, or any other form, it is usually credited to a separate "bonus balance" and cannot be immediately withdrawn. To convert these bonus funds into real money, players must wager or bet a certain multiple of the bonus amount (and sometimes the deposit amount) in eligible casino games.
Common Types of Bonuses
- Welcome Bonuses: Often match a player's first deposit, e.g., a 100% match up to a certain amount.
- No Deposit Bonuses: Granted without requiring a deposit, usually smaller in value.
- Free Spins: Free rounds on specific slot games.
- Reload Bonuses: Bonuses for subsequent deposits after the initial one.
- Cashback Offers: A percentage of losses returned to the player as bonus money.
How Wagering Requirements Work
The wagering requirement is typically expressed as a multiple of the bonus amount, the deposit amount, or both. For example, a 30x wagering requirement on a $100 bonus means the player must wager $3,000 ($100 x 30) before they can withdraw any bonus-derived winnings.
Key Factors in Wagering Requirements:
- Wagering Multiple: The number of times the bonus must be wagered. Lower multiples are generally more favorable.
- Game Contributions: Different games contribute differently to meeting the wagering requirements. For instance, slot games often contribute 100%, while table games like blackjack or roulette may contribute significantly less or not at all.
- Time Limits: The period within which the wagering requirements must be fulfilled, ranging from a few days to several weeks.
- Bet Limits: Maximum allowable bet amounts when playing with bonus funds, to prevent quickly clearing the wagering requirements through high-risk bets.
Example of a Wagering Requirement
Suppose a player receives a $50 bonus with a 20x wagering requirement. This means the player must wager $1,000 ($50 x 20) before the bonus funds and any associated winnings can be withdrawn. If the player makes a deposit of $50 along with the bonus and the requirement is 20x the total amount (bonus + deposit), they would need to wager $2,000 ($50 bonus + $50 deposit x 20).
Strategies for Managing Wagering Requirements
- Read the Terms: Always read and understand the bonus terms and conditions.
- Choose the Right Games: Focus on games that contribute 100% towards meeting the wagering requirements.
- Manage Your Bankroll: Bet wisely to extend playtime and increase the chances of meeting the wagering requirements.
- Stay Within Limits: Adhere to the maximum bet limits to avoid forfeiting the bonus.
Wagering requirement per casino:
- All British Casino - x35
- Fun Casino - x50
- Yako Casino - x40
- Yeti Casino - x40
- Casino Casino - x50
- Hyper Casino - x50
- Race Casino - x40
- Pub Casino - x40