All online casinos are designed to be profitable. Even the bonuses offered to customers are a part of marketing campaigns. Using special promotions in the form of tournaments, jackpots, free spins and other offers is a great way to stimulate players. It provides an incentive to new clients to sign up and existing ones to replenish their accounts and continue betting. Operators have to carefully think about bonuses’ terms; otherwise, users may abuse them, which will lead to financial losses.
Modern casinos offer a wide range of bonuses, such as welcome packages, free spins, cashback bonuses, loyalty programs, and other rewards. To stay profitable, operators impose wagering requirements. If a player does not fulfill them, they lose their bonus.
Below, we are going to talk about these requirements, how they are applied, and the common conditions set by online casinos.
What is a wagering requirement?
Specifics of withdrawing bonus funds
- Maximum bonus win. About 5% of online casinos limit the amount of money one can win from their bonuses (on average, it is 20-30x of the funds received). An even smaller percentage of casinos allows bonus money to be used only for making bets, with no possibility to withdraw it under any circumstances.
- Time limits for wagering. Generally, players are given 7 to 10 days to wager a bonus. The exact period is specified in bonus terms and conditions.
- No withdrawals allowed. Until a bonus is wagered, no funds can be withdrawn. A cash-out request may void the promotion.
Additional wagering requirements
- Restrictions on specific game types. Different types of games have different contribution percentages towards wagering requirements. Slots almost always count as 100%, while blackjack, baccarat and other card games may only count as 5-10%. If a casino’s bonus terms and conditions page does not specify this, then most likely only slots contribute to the wagering.
- Restrictions on specific slots. Some online casinos do not allow bonus wagering on certain slots (usually the ones with high RTP percentage). Lists of banned games can be found in bonus descriptions.
- Wagering requirements on both deposit and bonus amount. This essentially means that a player will need to wager twice as much money. For example, for a requirement of 30x, the funds will have to be wagered 60 times.
Wagering different types of bonuses
Cashback bonuses
Free spins
No deposit bonuses
Reload bonuses
How to choose slots for wagering
- Crazy Pop;
- Le Posh Nosh;
- Space Robbers Slot;
- Crown Jewels Slot;
- Italian Job;
- Bulls Eye Bucks;
- The Curse of Frankenstein Slot;
- Time For A Deal;
- It’s Good to be Bad;
- Wonder Woman.
