Unfortunately, there’s no escaping the dreaded ‘wagering requirement’ policy when you claim an online casino bonus. Wagering requirements, which are sometimes referred to as rollover requirements, or playthrough requirements, depending on where you play, cannot be avoided.
In short, it’s the amount of money players have to wager before any winnings they have made from their matching deposit bonus, free spins bonus, or no deposit bonus, can be withdrawn. Online casino operators could quickly go out of business if wagering requirements weren’t attached to bonuses. Find out more right here.
Why do I have to complete the wagering requirements?
In a perfect world, no wagering/playthrough/rollover requirements would be attached to an online casino bonus. However, if there were no wagering requirements, the majority of players would probably withdraw their bonus money and spend it elsewhere.
Wagering requirements are attached to around 99% of online casino bonuses today to stop players from withdrawing their bonus money the moment they receive it. Until you have completed your wagering requirements, your account will have restrictions, which means that you can’t withdraw.
As soon as you have completed your wagering requirements, any restrictions that were placed on your casino account will now be lifted, and you will be free to withdraw. It’s that simple.
A closer look at online casino bonus wagering requirements
Let’s just say that you accept a 100% matching deposit bonus worth up to $1,000, and it comes with a 50x wagering requirement. If you deposit the full $1,000 with your Visa card, your new account will be credited with a free $1,000 bonus. If you deposit just $50, you will receive a free $50 bonus, and so on.
Before you could withdraw any bonus winnings, you would need to wager your bonus amount at least 50x times. You will also find that you generally only have a certain amount of time to complete them, which could be as long as one month, or as little as a day.
If you received $50 bonus money, it must be wagered 50x times before you can withdraw. This means that you would have to wager $2,500.
At most online casinos today, players are also often required to wager their initial deposit amount as well. In this case, you would need to wager $2,550 before you can start the withdrawal process.
Do I have to accept an online casino bonus?
No. You don’t have to accept an online casino bonus, which means that you wouldn’t have to worry about completing any wagering requirements. However, you have nothing to lose, which is why most people claim bonuses. If you get lucky and win after fulfilling your wagering requirements, that free money is yours to keep.
Always read the bonus terms and conditions before accepting an offer. The Ts and Cs will tell you exactly which games will contribute 100% towards completing your wagering requirements. The slots and scratchcards, for example, generally contribute 100% towards completing them per dollar wagered, whereas other games, like blackjack and roulette, may not contribute anything toward completing them. It’s all explained in the Ts and Cs, so take a few minutes to read through them.