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Founded Date September 2, 1977
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Unpacking Casino Wagering Requirements
The Most Misunderstood Casino Term
It’s exciting to see a big bonus added to your casino account. However, you’re blocked from cashing out your balance. This is almost always due to wagering requirements, a condition that is attached to nearly every casino bonus.
What is a Wagering Requirement?
A wagering requirement, also known as a playthrough or turnover requirement, is a multiplier that represents the number of times you must play through a bonus before you are able to withdraw any winnings associated with it.
Consider this scenario:
- Your deposit is $50, and the casino matches it with a $50 bonus.
- The terms state a 30x wager on the bonus.
- Calculation: $50 (Bonus) x 30 = $1,500.
Therefore, you need to make bets totaling $1,500 to unlock your bonus funds and associated profits for casino cashout.
Key Details in the T&Cs
Not all wagering requirements are created equal.
| Consideration | Explanation |
|---|---|
| Bonus vs. Bonus + Deposit | This is a critical distinction that can double the amount you need to wager. |
| Game Contributions | Not all games contribute equally to meeting the requirement. Bets on slots usually contribute 100%, casino but table games like blackjack or roulette might only contribute 10% or even 0%. |
| Time Limits | These deadlines can put pressure on players, so it’s important to know them upfront. |
| Max Bet Rules | Always adhere to the max bet rule to avoid losing your promotion. |
The Final Verdict
Even with these rules, promotions can provide a significant advantage. The extra funds can enhance your entertainment and potential for winning. This allows you to identify promotions with reasonable conditions and maximize their value.
