Why Casinos Have Wagering Requirements

June 20, 2016

Anyone who has considered playing at an online casino and has done some basic research will have heard about the wagering requirements that are attached to the different casino bonuses that are offered. There is no such thing as a casino offering free money to any player. While bonuses do present the chance to earn extra casino cash, there is a cost associated with the redemption of the bonus, and this is where the wagering requirement comes into play. Wagering requirements are a multiple of the bonus amount and sometimes the deposit amount. These requirements must be met before players can withdraw bonus winnings from their account, and it is how casinos ensure they make money when players sign up and redeem bonuses like match offers on initial deposits.

One of the main problems with wagering requirements is that they will differ per game. This means that players have to pay special attention to the terms and conditions of every bonus they redeem. Some bonuses can only be cleared by wagering on slot games and others have lower values when playing table ad card games or these games are excluded completely from the offer. For example, many bonuses will allow 100% of wagers placed on slots to count towards wagering requirements, but games like Blackjack and roulette may only count 5% or 10%. This means that players would have to wager more money on these games to complete the bonus.

Wagering requirements are used by online casinos to prevent bonus abuse. The goal is for players to sign up, take advantage of a bonus and continue playing at the site. If there were no wagering requirements, players could make a qualifying deposit, collect bonus cash and withdraw it, leaving the casino with no revenue to be generated. The wagering requirements discourage this and force players to place real money wager son games if they wish to benefit from the bonuses that have been claimed.

Wagering requirements can often be very high, which is why players need to compare different casinos and bonus offers. In some cases, the bonus that pays the highest amount may not be beneficial in the long run due to high wagering requirements. Players always need to know what they will have to spend to get the most from any offer.

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