What to Know About Wagering Requirements
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What are Bonus Conditions?
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Wagering requirements refer to the amount of times you must place bets with your bonus winnings before you can receive the winnings. For example, if a casino offers a free bonus with a wagering requirement of 20 times, you must place bets totaling twice as much before you can cash out. In simple terms, it means you need to meet the requirements by wagering.
Types of Online Casino Conditions
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There are two types of wagering requirements: rollover and playthrough. The rollover requirement is the total amount you need to bet, while the playthrough requirement is the amount you need to bet in a particular game.
How Wagering Requirements Work
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Gaming platforms usually apply wagering requirements to bonuses offered by sportsbooks. When you claim a bonus, the playthrough requirement is triggered. You then have a limited time to meet the requirement (30-90 days), during which you can make bets and try to clear the requirements.
Some examples of how wagering requirements work:
- You deposit $100 at a casino and claim a free bonus with a 20x rollover requirement. You need to meet the requirement.
- You receive a $50 bonus with a bonus condition and you must wager on specific games to clear the requirement.
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To minimize losses, it's essential to read the terms and conditions of any bonus before claiming it. Verify the bonus conditions and the games that contribute towards the requirement. Here are some things to keep in mind:
- Smaller playthrough requirements are usually preferable, as they require less play to clear the requirements.
- Specific types of wagers contribute more to the wagering requirement than others. For example, table games often contribute 100%.
- Some gaming platforms offer bonuses with no wagering requirements but these are usually restricted to very restricted offers.
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To improve your odds of meeting playthrough conditions, follow these advice:
- Choose games that count fully to the requirement.
- Make smaller wagers to manage your bankroll.
- Read the terms and conditions thoroughly before claiming a bonus.
- Don't chase losses.
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Playthrough conditions can seem daunting at first, but once you know the basics you can take benefit from the offers. Remember to read the terms and conditions of any bonus and select wagers that count to the requirement.
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