Bonuses are great, and players love them. However, what’s marketed on the surface isn’t the true value of a bonus. Instead, you have to read their T&Cs to learn more about the additional rules in order to have the best possible experience. One of these rules usually addresses the wagering requirements, which are an inevitable part of every online bonus.
So, what are wagering requirements at all? Basically, they tell you how many times you need to bet through your bonus amount before it becomes available for withdrawal.
Let’s say that you want to play mobile slots and receive a $100 bonus with 20x wagering requirements. In that case, you’ll have to wager a total of $2,000 first before your bonus money is unlocked, and you can withdraw it to your bank account.
Casinos had to come up with a way to make players stay for a while. If there were no wagering requirements, players would just take the bonus and withdraw it right away.
However, one of the things you should pay special attention to is whether the requirements apply to just the bonus money. Sometimes, they apply to deposit + bonus amount. Let’s say you deposit $100 and get $100 in bonuses. If the WC applies to both (and let’s say they are 20x), you’ll have to wager the amount that’s 20 times higher than $200, which is $4,000.
Please take into account that not all games contribute the same towards the wagering requirements. The majority of online slots contribute 100%, but games such as baccarat, blackjack, roulette, and craps, don’t contribute as much. Sometimes, they don’t contribute at all, meaning it’s pointless to use your bonus funds on them. That’s mainly because these games have a much higher RTP compared to slots.
Wagering requirements aren’t the only thing that determines how lucrative the bonus is. There are all kinds of terms you should bear in mind before actually claiming the bonus.
After WC, the second most important one is the expiry date. Players have a limited time to meet the wagering requirements, and if they fail to do it, their bonus funds will become void. Therefore, longer expiry dates are better for you, as you won’t have to give a lot of money in a short period.
If you’re after some high-quality bonuses, please take a look at our selection of mobile casinos and pick the ones that meet your needs.