There are different types of wagering requirements
A wagering requirement on a bonus is the number of times you must wager a bonus before you can withdraw your winnings. We can make it very simple and put it into context – Imagine that you deposit €100 and receive a €100 casino bonus with a wagering requirement of 30 times the bonus amount. This means that you must play for €3000 before you can withdraw the money from your casino account.
When you sign up at an online casino, it is important that you read the terms and conditions for the wagering requirements. These requirements vary from casino to casino. In general, however, there are usually two different types of wagering requirements.
The most common form of wagering requirement is that your bonus money is stored in a separate section of your account balance. You can use your deposited money to gamble and if you win, the money goes into the section with your own deposited money and you can withdraw any winnings whenever you want. If your own deposited balance reaches zero, you will wager your bonus money. If you win money using the bonus money, the winnings will be sent to the section for your bonus money. However, you cannot withdraw these winnings without having first fulfilled the wagering requirements according to the casino’s rules.
The second type of wagering requirement is a little dishonest and is applied by some casinos. Let’s say that you deposit €50 and get a 100% casino bonus. You will then have €100 in your account. This time the money is stored in your main account balance. The downside here is that you usually get a wagering requirement for the entire amount. The money you deposited and the bonus you accepted are grouped together. This procedure is not always in place, but it is important that you read the fine print before accepting a bonus from a casino. Otherwise, you may end up locking your own money to the casino for much longer than you expected. Of course, we think that alternative number 1 is a much nicer and more honest way of managing wagering requirements. At least then there are no nasty surprises to deal with.
Why do wagering requirements exist?
The main purpose of wagering requirements is to protect the casino’s money. We understand that casinos need to have a wagering requirement in place. Otherwise everyone could deposit money, accept a casino bonus and then immediately withdraw their money. A casino without wagering requirements would soon find themselves completely bankrupt! We fully agree that wagering requirements are necessary for casino bonuses to even exist at all, even though they are not very fun for casino players to deal with.
That does not mean we are in favor of unreasonably high wagering requirements / turnover requirements on deposits. It’s simply unacceptable. We therefore urge all our visitors to carefully read the terms and conditions page for the casino you deposit money at.
Wagering requirements FAQ
What are wagering requirements?
Most online casinos have some form of wagering requirement for bonuses and free spins, which means that players must have wagered a certain amount before they can withdraw their winnings from the gaming account. For example, a casino may have a bonus of €10 and a wagering requirement of 30x the bonus amount, and then you must have played for €300 before you can withdraw any money or winnings.
Why are there wagering requirements?
Most online casinos have some form of wagering requirement for bonuses and free spins, which means that players must have wagered a certain amount before they can withdraw their winnings from the gaming account. For example, a casino may have a bonus of €10 and a wagering requirement of 30x the bonus amount, and then you must have played for €300 before you can withdraw any money or winnings.
What is the fastest way to overcome wagering requirements?
If you want to get through the wagering requirement in the best way, you should keep in mind that different games contribute differently to the wagering requirement. In some games, the entire amount is counted towards the wagering requirement, in others nothing at all. For the fastest way to meet wagering requirements, you should play casino games with a high RTP, Return to Player. Remember that both the percentage that is counted towards the wagering requirements and RTP can differ from game to game, even within the same category.
Should you choose casinos without wagering requirements?
Playing at an online casino without wagering requirements can be beneficial for those of you who want to try a casino without locking your deposit with a casino. All money you win through the casino bonus or free spins are yours to keep. However, it should be pointed out that casinos without wagering requirements usually have some other type of gaming requirements, such as different types of challenges or achievements that you have to unlock. Casinos that hand out free money completely without counterclaims sound a little too good to be true, which it actually is. No matter what you might hear, casinos just don’t operate that way.
How do you find the lowest wagering requirements?
We recommend that you read the reviews of each online casino here on theGamer to understand the terms and conditions of wagering requirements better. Sometimes you have to click on their page for Terms and Conditions to read the fine print. Just because a casino has a big fat bonus for new customer does not mean that it is the best casino. Sometimes that bonus comes with gigantic wagering requirements that means you have to wait a long time before you can enjoy the spoils of victory on your bank account. You have to look at casinos as a holistic experience, so do not stare blindly at the welcome bonus or no deposit bonuses that they might offer.
Different games have different values
It is important that you choose your game wisely if you plan to wager your casino bonus. This is often a little tricky. Casinos online often have different percentages that count towards the wagering requirements of specific games. In other words, a game can meet a higher proportion of the wagering requirements than another depending on what you play. And sometimes they don’t count at all.
In other words, if your goal is to get rid of the wagering requirements, it is important that you are a little strategic with the choice of games. Slots usually account for 100% of their wagering value while other games such as blackjack and roulette count very little or not at all.
