To excel at online gambling, one must grasp casino bonus wagering. Casinos are offering enticing bonuses to attract new players and to keep their existing ones. But, these bonuses often have wagering requirements. Players must meet them to cash out winnings from the bonuses. To understand casino bonus wagering, you must know it. It affects your strategy and potential winnings. This article will dissect the basics of the bonus wagering principle. It will explain what it means and how to best apply it. This will help you get the most from your gaming experience.
What is a wager?
Beginners in casino games may be intimidated by the word wager. What does it mean? Everything is simple here. A wager is how many times you will have to put down the amount of the bonus received for the bonus funds to become real. That is, in simple words, how many times should the client spin the roulette wheel or play slots so that the bonuses are converted to the main balance and can be withdrawn?
To make it even clearer, let’s look at what a wager is in a casino using a specific example. Let’s say you have registered at the casino and received a welcome bonus of 10$. According to the wagering conditions, the wager is x25. This means that the client must scroll the amount of the bonus received 25 times. To do this, the player will need to spend 250$.
To calculate the amount of money to be spent on wagering, the formula is used: N = B*W, where N is the amount of money spent on bets, B is the money received in the form of a bonus, W is a wager. In our example, N = 10*25 = 250$. After spending 250$, the player will make a full-fledged wagering and receive a bonus thousand hryvnia.
Why do casinos install wagering wagers?
The reason is simple: the goal of an online casino, for example, ZoomeCasino or any other online casino platform, is to earn more money, and if you give out free bonuses to each client, it can ruin the company. However, casinos have to create and offer various bonuses to get new players to register and start playing. After all, the bonus is an incentive to open an account and delve into the incredibly huge world of attractive slots.
To prevent the client from easily collecting and withdrawing bonus funds, wagering was invented. A wager is set and only after scrolling a certain number of times with bets of the bonus amount, the casino can transfer bonus funds to the main account.
The size of the wager depends on the casino and the type of bonus. Some sites raise the bar for wagering to x50, although mostly the wager varies from x20 to x40. But there are also bonuses with a wager below x15 and such offers are very popular with customers, but there are not many of them on the market.
What to pay attention to when choosing a casino bonus
High competition forces online casinos to go beyond just welcome bonuses and free spins, offering new, exclusive offers. In order not to get confused by the incredible number of bonus offers and choose the best and most profitable, we recommend evaluating the bonus according to the following parameters:
- The bonus amount. The size of the bonus matters. Beginners should not chase big bonuses, as they will be difficult and costly to win back. It is better to choose a welcome bonus for the first deposit of 5000-10000 UAH. or find a no-deposit bonus, which would be an ideal option.
- The duration of the bonus. All bonus offers and promotions of online casinos are often limited in time. Some offers, such as the main casino bonus, may be valid even for several years, but others may function for only a month or two or even a few days. Therefore, in this case, the client will have a set time for wagering.
- Available wagering games. Casinos usually specify in the rules in which games this type of bonus can be wagered. Always read the bonus wagering conditions carefully, as you may have to bet on unfamiliar slots that you don’t understand
- Casino bonus security. Before rushing to register on the site, after seeing a tempting bonus offer, make sure that this casino has a license. There are now a lot of online betting sites that operate informally in the country and such resources can be dangerous for players. You may be able to hit a big jackpot, but an illegal casino may refuse to pay, and you will be left with nothing. You can write to support as much as you want, but it is unlikely that you will achieve a successful result. Therefore, it is important to give preference to licensed casinos!
Summing up the results
Never rush when choosing a bonus and, most importantly, carefully read the terms of each promotional offer. For some players, the installed wager in x40 or x50 may turn out to be an impossible task, especially when the client has made a considerable first deposit after registration. Choose those casino bonuses where there are no restrictions on wagering slots.
And most importantly, learn how to distribute your bank. Do not take risks, do not rush to win back your losses quickly, you should always visit online casino sites in your right mind, play carefully, and it is best to have one or more strategies in slots or games that you have studied well.
