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Understanding Bonus Wagering Requirements

Casino bonuses are a great way for online venues to keep their loyal players happy. Players must meet certain requirements before they can be withdrawn, however. Understanding these requirements can reduce frustration and set the proper expectations beforehand.

What is a Wagering Requirement?

In a nutshell, a wagering requirement is a set of terms and conditions that a player must meet before they can withdraw any amount of bonus cash from their online casino accounts. In most cases, there is a stipulation that states a player must wager a certain amount of money before they will be eligible to withdraw these funds. The average is 20 to 30 times the amount of the original bonus, but some variations can occur.

Specific Games

Even though a casino may provide a bonus that is intended to be used with any game in the suite, there are only a few games that will help players meet the necessary wagering requirements. For instance, if a player receives a $100.00 bonus for use with any game in the casino, there may be a $2,000.00 wagering requirement that restricts playing blackjack and video poker due to the low house edge. This prevents players from walking away from the casino with the money too easily.

Reading the Terms

Before accepting any bonus from an online casino, it is important for players to read all of the terms and conditions associated with that bonus very carefully. This is because casinos reserve the right to assign any wagering requirements they wish as long as they are eventually attainable. Reading these conditions thoroughly before accepting the bonus will certainly prevent headaches and frustrations in the future.

Online casinos offer their players bonuses in several different situations. Whether signing up, referring friends or making regular deposits, players should always understand the wagering requirements associated with each bonus type.