Wagering Requirements for Live Online Casinos
Online casinos are popping up almost every day, and each of them has come up with something nifty to attract potential customers. One of the most popular advantages of online casinos is offering extra money to new and existing players. All of these bonuses have rules for use and withdrawal, known as "wagering requirements" or "playing requirements". These requirements will be defined as an amount that must be wagered prior to withdrawing the bonus money or any winnings resulting from wagering with your bonus. Initiating a wagering requirement is the method that online casinos use to ensure that players don't just take the bonus money and run. What exactly are "wagering requirements" and how do they vary from casino to casino?
One of the first things you will discover about the wagering requirements is the "number of times" you will have to wager the amount of the bonus money before you can make a withdrawal. This number can range from 9 times the bonus amount to 37 times or more. Each casino has its own number that they have designated. What this means is that if a casino has a wager requirement of 9 times the bonus amount, and your bonus is £ 25, then you must make enough bets to match 9 times £ 25, or £ 225, before making that retirement. Check out:
There are also bonuses like the "Login Bonus" that have replay requirements for the bonus amount plus the qualifying deposit amount. In this case, let's say you have a 100% login bonus up to £ 150 with a wagering requirement of 36 times. You make an initial deposit of £ 50 to your player account and then sign up to receive this bonus, giving you £ 650 to play with. Before you can make a withdrawal of this money, or any of the winnings associated with it, you must place bets that add up to the bonus amount (£ 150) plus the qualifying deposit (£ 150) multiplied by 36. This is 300 times 36 or £ 10,800. Remember, this is the amount that you must bet or place the bets, not the amount of money that you will need to deposit into your account.
Looking at the "number" wagering requirement should not be your only consideration when making a decision on which live dealer casino offers the best bonus money. You will need to know other factors before deciding to accept any bonus money, such as which games qualify to meet the replay requirements and which games are exempt. There are many online casinos that have smaller wagering requirements, however, the wagers of very few games actually qualify to meet their requirements. Additionally, some casinos allow wagering on games such as Live Dealer Blackjack or Live Dealer Roulette as required, but at a reduced rate. For example, for every £ 10 bet made in live dealer blackjack, only £ 5 is applied to the play requirement; Similarly, when playing live dealer roulette, only even money bets such as red / black or even / odd will apply.
Be sure to delve into the terms and conditions of the wagering requirements before accepting any bonus money. You don't want any surprises when you go to make a withdrawal. Remember, you will need both knowledge and luck to truly enjoy playing at any casino, so arm yourself with as much knowledge as possible and then let "Lady Luck" do her thing. And don't forget to always have fun! Good luck for you!