What is a "wager requirements"
A wager requirement is a restriction that an online casino puts on their bonuses to stop players abusing the bonus. A player must play a certain amount of bets/ hands before they are able to cashout the bonus. But it's not all. You must remember that wager requirements are applied not only to bonus you received but to money you deposit (your money!) too! The amount that must be wagered is usually between 10-50 times the initial deposit (plus the bonus). For the welcome bonus the wager requirement is usually big as big is the percent bonus you received (by exemple if you received 100% bonus maybe the wager requirements are 10x bonus+deposit, but if you received 1000% bonus maybe wager requirements are are 40x bonus+deposit).
For example, if you deposit $200 and get a match bonus of 100% and the wager requirements are 15X. You would need to wager a total of $6000 before you may cash out your winnings. Always read the terms and conditions!
Wager requirements for individual games.
The next step after understanding what is the wager requirements for the bonus you choose to redeem, you have to determine which gambling games are eligible with the bonus. This is very important because you can gamble at any game you like, but not all games are eligible for meet the wager requirements. However, in order to cash your bonus out, you are restricted at gambling the bonus amount so many times over at selective games Some bonuses will restrict players from meeting the wager requirements while playing strategy games like Blackjack, Craps, Roulette and Baccarat, whereas other bonuses will permit select strategy games to go towards meeting the wager requirement.
Always read the terms and conditions!
If you like this article please read "What'is a bonus " in casino bonus no purchase required section and "Play-trought and cashable bonus" in poker bonus no purchase required |