Wagering requirements are a complex topic in the realm of online casinos, especially if you are new to the industry. Most people tend to have a hard time understanding the terms nevermind their application. Before you get to know more about wagering requirements, you have to understand what is wagering.
In an online casino, wagering is a simple term that means staking. That is the amount of money you are willing to bet with for you to continue playing the online casino game.
What Are Wagering Requirements?
Wagering requirements are very distinct from wagering. It signifies the number of times an online gamer has to play the bonus before he or she is allowed to initiate a withdrawal. That means you cannot withdraw your bonus cash without fulfilling the wagering requirements.
How Wagering Requirements Work in Online Casinos
Wagering requirements are one of the best ways online casinos tend to attract new gamers to their platform. Whether you are using mobile casinos or desktops, it is crucial that you go through the terms and conditions so that you may understand the wagering requirements.
First, the casino will offer you bonuses in terms of free bets or welcome bonuses. The wagering requirements for free bets may need you to stake a certain amount for you to reclaim your gift. For the welcome bonus, the online casino is going to give you a certain percentage of the initial amount you deposit. It can be 100% of your first deposit or 200% of your first deposit. But then, you need to play the bonus you get a certain number of times before you can withdraw your bonus.
The requirements tend to vary from one online casino to another. You thus must go through the terms and conditions before signing up with a wagering requirement. Some casinos make their wagering requirement hard while others tend to make them a bit manageable. It all depends on the online casino you choose.