Why Do Online Casino Operators Attach Wagering Requirements to Bonuses?
$5,000 Welcome Bonus
If you sign up to a reputable online casino today and claim their new player welcome bonus (aka sign-up bonus), the chances are that bonus will come with ‘wagering requirements’ attached, which is annoying for players but must be completed before you can cash out any winnings you make from your bonus.
Wagering requirements (which some online casino players and operators worldwide also refer to as rollover requirements or playthrough requirements – it all means the same thing) are there to protect online casino operators.
If they weren’t attached to bonuses, players could simply withdraw the free money the operator gave them and then spend it elsewhere. Wagering requirements stop cheeky players from being able to do this. Let’s take a closer look at how it works.
How do I complete my wagering requirements?
To complete your wagering requirements in as little time as possible from your smartphone, tablet, laptop, or desktop computer, you should always take a few minutes to read through the terms and conditions attached to that bonus before accepting it.
It will explain how you can maximise your bonus and tell you everything you need to know. Many online casino players today who claim bonuses often don’t take the time to read the Ts and Cs, which can often lead to disappointment.
Always remember: the lower the online casino bonus wagering/playthrough requirements are, the better it is for you as a player. Low is considered 20x to 35x times the bonus amount. Medium is considered 40x to 70x, and high is considered anywhere above 70x times the bonus amount.
Here is an example of how it works at 32red online casino. If you claim the 32red welcome offer, you would then have to wager any extra money you receive (on top of your deposit, as part of the initial sign-up bonus on your first deposit) a total of 30x times.
Therefore, if you received $/€/£50 extra from the 32red casino operator, it would need to be wagered 30x times ($/€/£50 x 30 wagering requirement = $/€/£1,500) before you could withdraw any winnings you make from your sign-up bonus.
What else can the Ts and Cs tell me?
The Ts and Cs also tell you exactly which games will help more towards completing your wagering requirements than others.
That’s right, playing certain games will not contribute anything towards completing them per $/€/£1.00 wagered, and playing other games can contribute 2%, 10%, 20%, 50%, or 100% per $/€/£100 wagered.
At 32red, for example, all online slots (except for the ones listed in the Ts and Cs) contribute 100% towards getting your wagering requirements out the way.
The games that only contribute 50% are the following:
● Table poker games (except for the ones listed in the Ts and Cs)
● Hot Ink
● Live Caribbean Stud Poker
● Three Card Poker
● Sic Bo
● Wheel of Riches
All versions of roulette (except for the ones listed) and a slot called MONOPOLY Big Spins only contribute 20%. Many other games only contribute 2% or 10%, which is why you should read the Ts and Cs.
Final note
The other thing online casino bonus wagering requirement terms and conditions can tell you is how much time you have to complete them. Don’t forget that you only have a certain amount of time to complete your wagering requirements from the moment you accept the bonus.
It states in the Ts and Cs that you have seven days to complete them. At other online casinos, it might be just one hour or 24 hours; at other sites, you may find that it’s around two weeks. It varies from one site to the next.
Some online casino operators also require you to wager the deposit amount plus the bonus amount. Upon completing them, any money that’s left over is yours to spend as you will, with no more restrictions!
