How can you comply with casino wagering requirements in as fast and as efficiently as possible? Our in-depth guide will show you how to become the consummate casino bonus hunter
Wagering requirements can sometimes be a real pain in the neck, as they prevent you from cashing out your bonus winnings as quickly as you might like.
However, you should remember that online casinos are profit-making enterprises, and they can’t just let new players withdraw their bonus funds whenever they choose. If casinos were to allow players to do that, then people would sign up, receive their bonus, and then cash it out without playing a single game.
And so, online casinos invented wagering requirements. These demand that you wager the bonus funds several times over before you can withdraw any winnings. Often, the casinos will also require you to complete these wagers in a timescale of a few weeks or even days – or you will end up forfeiting the bonus altogether!
The fact of the matter is that when you sign up for a welcome or no deposit bonus, you are fighting against the wagering requirements clock – and you must move fast.
In this article, we’ll help show you how to meet these pesky casino wagering requirements as fast and as efficiently as possible.
First of all, you need to calculate whether it’s worth chasing after the wagering requirements or not. Sometimes, online casinos have exceptionally poor-value requirements, and also give you insufficient time to meet them.
Imagine wagering requirements of 50x and an expiry date of just three days. If these are applied to a $100 bonus, you would have to bet $5,000 to meet these requirements, in just 72 hours. This would be way too much for most players to handle, and most of the so-called whales who could afford it certainy wouldn’t bother doing so for just $100.
Now it’s important to state that these kinds of ridiculously bad-value wagering requirements are normally set by offshore, illegal, and unlicensed casinos – which we don’t recommend joining.
If you are looking for casinos which offer more reasonable wagering rules, then head on over to our real money online casino page.
But it’s important to consider all the factors before considering signing up for that apparently generous welcome bonus and it’s associated wagering requirements.
Many novice gamblers often fail to notice the wagering contribution section in the bonus T&Cs. These tell you how much each type of game contributes to the wagering requirements. For example, if roulette contributes just 20%, it means you’ll have to wager five times as much money as indicated in the wagering requirements.
Therefore, your best bet while working your way through the wagering requirements is to only play games that contribute 100%. In most cases, these games are online video slots. However, many online casinos still feature a list of slots that are not eligible for bonus play, so don’t forget to check the fine print for that too.
Your goal as a successful casino bonus hunter should be to find the games that count towards wagering requirements and still have a high Return to Player (RTP) percentage. In most cases, you’ll have to browse through the list of available slots and compare their overall RTPs. The higher the RTP, the higher the winning probability, and you need to make sure that your chances of winning a prize is the highest possible when aiming to meet the wagering requirements of the bonus.
Sometimes, the wagering requirements apply not only to your bonus amount but also to your deposit. For example, if they are 50x and you received a 100% $50 bonus, you’ll actually have to meet the requirements for $100 ($50 deposit + $50 bonus).
These kinds of requirements are something you should aim to avoid. However, if the wagering requirements are low (below 20x) and apply to deposit + bonus, then it might be too much of a bad thing.
Please remember that even though there are things you can do to meet the wagering requirements faster and more efficiently, the most important element will still be Lady Luck.
Unfortunately, if Lady Luck isn’t by your side when you’re on your quest to unlock your bonus funds, you might never be able to do it. After all, bonuses aren’t really free money — at least from the casino’s point of view.
Casino bonuses are created to give you extended gameplay, with the wagering requirements there to claw back most of the money, from most of players.
Only the luckiest of bonus hunters get to walk away with a big win!