Learn all there is about casino online bonus wagering requirements, and how to beat wagering requirements. Keep reading our guide on beating wagering requirements. You will find all your answers here!
Why is important to know how to beat the wagering requirements?
Perhaps your favorite casino imposes on you the task to beat the unwavering wagering requirements? When you wanted to make a withdrawal from your winnings, you inquired how one could go about?
Moreover, is it at all possible to beat wagering requirements? Are you one of those players that have heard the term: ’wagering requirements’, but never bothered to figure it out? Until now. We’ll give you all the answers here.
How to beat wagering requirements in casinos?
Let’s list a few basic terms related to wagering to help you understand how to beat wagering requirements:
|What is a wager?||A bet users place / Money users spend on any casino game|
|What games are eligible for wagering?||Any game, depending on the casino|
|What are the wagering requirements?||Number of times to place the bonus money to withdraw your winnings|
|How to beat wagering requirements?||Choose the right casino and obey the wagering bonus terms|
|What is the casino we recommend?|
Wagering requirements: What is important to know?
When it comes to online casino bonus offers, there is always going to be mention of a wagering requirements. Moreover, the casino will implement it. That is where we will help you.
Let’s delve deeper on how to beat wagering requirements. Here you’ll find all about the wagering requirements.
What is a wager?
A wager is a bet that users place, or money that users spend on any casino game. If it is a game title for play at an online casino, the odds are you will need to place a wager on the game. Now, the wagering requirement is the number of times that you need to play the bonus to be able to withdraw any winnings.
Wagering Requirements: Meaning
How do wagering requirements work? We will need to give an altogether comprehensive explanation to what are wagering requirements?
Wagering requirement tip
Should you happen to play a table game, wagering requirements will be less than that of casino slot games.
What does casino bonus no wagering requirement mean?
You’d love to beat the wagering requirements of any online casino bonus? Sounds great? Well, then take a look at the mathematics of the wagering requirement phenomenon. That way, you’ll get a firm grip on how to beat wagering requirements.
Let us take a look at a pseudo case study below:
Timmy has just signed up to join online casino: Casino XYZ. As part of Timmy’s welcome bonus, Casino XYZ has given Timmy €60 in bonus. He can claim that money as soon as he deposits a minimum of €20. When Timmy makes this €20 deposit, he will receive the €60 bonus. But, a word to the wise: this €60 bonus comes with 5x wagering requirement.
Timmy makes his deposit of €20. A pop-up message appears on his mobile, congratulating him on his deposit that he made at Casino XYZ. They are advising Timmy that he has 24 hours to claim his welcome bonus of €60 bonus. Timmy is a seasoned casino online gambling player. Yet, he knows that, with such a nice welcome bonus, there will be a wagering requirement.
What were Timmy’s next steps?
The message he received about his bonus did not mention the wagering requirement of 5x. But, knowing the protocol, Timmy went to the Terms and Conditions page of Casino XYZ. It was there that he read that the wagering requirement on any player’s bonus would constitute a 5x wagering requirement.
Timmy goes on to claim his bonus. And it appears lady luck is smiling on him on this particular day. He manages to win a nice amount of moolah while playing out his bonus. Also, he checked the T&Cs, and knows that the wagering requirement is 5x. He knows that one of the criteria for attaining the bonus was to deposit a minimum amount of €20. Timmy knows that he needs to wager at least €400 to be able to withdraw his winnings.
He was aware of the stipulated T&Cs, and the 5x wagering requirement on Casino XYZ’s bonus. He made sure to wager more than the minimum of €400.
How did Timmy know that he need to wager at least €400 in this instance? You may wonder, did Timmy know how to beat wagering requirements. Well, this is how Timmy worked out the minimum wagering requirement that he would need to wager. This is important to withdraw any of his winnings. And boy-oh-boy, did Timmy win indeed.
This is the mathematical calculation as Timmy worked it out:
€20 (minimum deposit required) + €60 (welcome bonus money from Casino XYZ) x 5 (wagering requirement) = €400 (amount Timmy knew he would need to wager, at least, in order to successfully withdraw any winnings).
What is the best way to beat wagering requirements?
To beat these wagering requirements, the player need to either find online casinos that have no wagering offers. The player will need to decide to opt-out of the bonuses from any casinos.
The wagering requirements are in place to ensure that the casinos are compliant with anti-money laundering regulations. This means that by taking up the wagering requirement, they ensure that no bonus is in no way linked to any nefarious activity.
How to beat wagering requirements: tips and tricks
So, in answer to the question “How to beat wagering requirements?” we have a couple of suggestions:
- Pick the right casino
Join up and register to become part of the player community at a reputable casino. It should be a part of the ‘best of’ list featuring the best casino bonus no wagering requirements offers.
- Renege on the bonus offers
Opt to not claim any bonuses any casino may offer to players that have sign up.
Learn how to get around the wagering requirements
It may not be in one’s interest to not claim any online casino bonuses. Yet, what is important when it comes to the element of wagering requirements, is to know why they are there. Also, know how to work out what the wagering requirement for any casino bonuses may be and how to beat the wagering requirements. And last, make the wagering requirement and casino bonuses work to your advantage.
All in all, when playing at a popular casino, such as Mr Green casino for example, there will also be the most important aspect. This is fun & games, all the way.