Wagering is a term found in many Casino bonuses and is an agreement that a player has to wager certain amounts before they can withdraw any winnings. In this article we will explain what wagering is, how it works and how you can beat it!
When it comes to Casino bonus offers, the amount of wagering required is an extremely important factor. It is vital that customers check the terms and conditions carefully, and always look at the multiplier or number of times the bonus has to be wagered before it can be withdrawn. For example, if a customer deposits $500 and the Casino gives them a 100% match bonus, they will need to place $10,000 worth of wagers to be able to cash out their $500.
Players should also look at which games contribute towards the wagering requirements. This is because not all games are the same, and some may only contribute a small percentage of the total requirements. Online Slots, for instance, will often count at 100%, while table games may only contribute a lower percentage, such as 10%.
It is also important that players do not make any unnecessary wagers, as this can cause them to lose their bonus funds. Any funds that are not spent within the required time frame will be automatically moved to a pending balance and are not available for withdrawal until the wagering requirement has been met. It is also crucial that players read all the terms and conditions of their specific bonus offer, as this will help them avoid any mishaps in the future.