Top Tips to Beat Wagering Requirements
The fast-paced casino industry happens to be quite intriguing for many folks across the globe, for the simple reason that it's among the most rewarding ventures out there. In effect, you'll find countless online betting houses with new ones being launched every day - this results in a competitive e-gaming world and each game site has to craft clever ways to win more customers.
Casino bonuses are the most effective ways to get more customers on board. Therefore, you'll find different types of perks designed for different purposes. Note that most bonuses always have certain conditions attached to them referred to as wagering requirements - there are several tips to beat these bonus conditions, which are discussed below.
What are the Wagering Requirements?
Sometimes referred to as playthrough requirements, these simply state the number of times you're required to wager your bonus before you can be allowed to make a withdrawal. Keep in mind that the winnings that you accrue are regarded as bonus money. To convert the money into cashable funds, players must fulfill all the playthrough requirements.
You may ask why casinos need to impose such tough conditions - while they're a good model of earning profits, it's only partly true. The main reason behind this is to allow operators to collaborate with anti-fraud laundering laws.
How to Calculate Your Playthrough Prerequisites
Among the essential wagering requirements tips is the mathematical factor behind it. Consider this example; you're given a 100% match bonus up to $100 with a 30X wagering. The calculation will look like this - $100 (casino bonus) x 30 (wagering requirement) = $3000. However, some casinos have what are known as sticky bonuses. In this case, your deposit will be added to the bonus money and you'll be required to wager an amount of $6000 before cashing out your winnings.
Wagering Requirements Tips
To stand the best chance at meeting the bonus playthrough requirements, be sure to keep the following tips in mind.
- Read the Terms and Conditions - Players ought to know all the rules and restrictions surrounding a bonus deal. The only way to know that is by going over the promo's terms. Here you need to pay attention to the wagering prerequisites, games eligibility as well as restricted countries/regions.
- Choose Appropriate Games - This is yet another important wagering requirements tip. Note that different games have different contributions towards completing the wagering, which is normally expressed as a percentage. Usually, slots and scratch cards are high weightings games. Blackjack contributes about 10% or less. Ideally, go for games with 100% weighting - that way you'll easily beat the set conditions.
- Keep Track of Your Playthrough - It's always wise to be aware of your playthroughs. Some casino software does not adjust their counters and since your winnings are voided when you try to cash out, it's important that you know for a fact you've completed the requirements. Keep a simple tally and in case you lose count, do not hesitate to contact the customer support before attempting to make a withdrawal.