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How to Beat Wagering Requirements: 5 Things That We Probably Shouldn’t Tell You
Wagering Requirements are so often the bane of casino players. One of the most frustrating experiences for any serious casino player is to win a big amount when playing casino games and realize that they are unable to withdraw their winnings until certain terms and conditions are met, with wagering requirements often being one of the more hidden terms and conditions.
So how does one go about navigating the world of online casino wagering, and ensure that wagering requirements pose as small of a hindrance to their casino experience as possible?
To do so, you have to fully understand what a wagering requirement is, what the terms and conditions involved are, and how to go about ensuring that you meet all the requirements so that you can avoid any unexpected setbacks.
What is a Wagering Requirement?
Wondering “what does wagering mean?”
A wagering requirement (also referred to as playthrough requirements) is a limitation often applied by a casino on money given by them to the player. You’ll notice, for example, that every casino has wagering requirements attached to their welcome bonus – Punt Casino included.
Why do casinos have wagering requirements?
Casinos apply wagering requirements because they want to ensure that they are attracting high-value players who will continue playing at their casino, and to weed out players who may be looking for a quick bonus and cashout. Additionally, wagering requirements enable casinos to offer their players bigger and better bonuses.
Calculating your wagering requirements requires you to know:
- Whether your deposit is included in the wagering calculation
- What multiple will be applied as a wagering requirement
- How the bonus value is calculated
The secret to BEATING wagering requirements
It is obvious why wagering requirements can be so frustrating for casino players. While there is no way around wagering requirements, understanding the specific terms and conditions of use around wagering requirements will go a long way towards helping you beat them.
There are a couple of tips to keep in mind when it comes to wagering requirements that will help you find a work-around:
- Always read the wagering requirements beforehand
It’s important to read the wagering requirements before you accept the casino bonus – it’s always best practice to ensure you understand any and all terms associated with a promotion – this applies to any promotional offer.
- Pay attention to the weighting on different games
The game you are betting on will affect the percentage you wager to meet the requirement. It’s important to look at how much different games contribute (and if they do contribute at all). Slots usually contribute significantly towards wagering requirements, with most slots contributing 100%. Table games, however, often don’t contribute to the wagering requirement, or contribute very little. For example, if table games only contribute 50%, wagering $100 will only count as having wagered $50 – so it is important to take note of this.
- Pay attention to whether time limits are imposed
Some casinos will require you to have fulfilled the wagering requirements within a certain time frame. For example, you might have had to complete the wagering requirements within a week of having received your bonus. Be sure to plan your time accordingly if such limits are imposed.
- Find games that allow for higher maximum bets
When it comes to wagering requirements you want to make sure that you meet the required wager amount as quickly as possible. One way to do this is to find games at the casino which allow for higher maximum bets. For example, if you do have to meet a wagering requirement of $2 000, you can achieve this in just 40 spins if the max bet of the slot is $50.
- Pay attention to any other restrictions
While these are the standard things to look out for where a wagering bonus is concerned, not all casino promotions are the same, or have the same terms and conditions. Always pay close attention to the relevant terms and conditions to avoid any surprises along the way.
Online casino wagering requirements can be a frustrating reality for many casino players, especially if they were unaware of them before they signed up for a bonus. The only way to beat wagering requirements is to ensure that you are fully aware of them so that you can implement the best plan of action to maximise your winnings and reduce your risk.
Is there a difference between a wagering requirement and a playthrough requirement?
Wagering requirements and playthrough requirements are often used interchangeably. Both terms refer to the number of times that a bonus value must be wagered (or played through) before the money can be withdrawn. Another term that is far less common, but is also sometimes used, is rollover requirements.
How do you calculate wagering requirements?
Calculating a wagering requirement requires you to know what the wagering multiple is, the deposit amount, the bonus value, and whether the casino includes your initial deposit in the calculation. You can find a more detailed example in the article above.
Can I withdraw bonus money without meeting wagering requirements?
No, if a promotion requires you to meet a casino wager term, you will be unable to withdraw the bonus money until those requirements have been met.
What ways are there of avoiding wagering requirements?
There are a couple of different ways to avoid, or mitigate, wagering requirements. You can:
- Opt out of taking the bonus
- Keep an eye out for promotions that don’t have a wagering bonus requirements, such as wager-free deposit bonuses or cashback bonuses. These are more likely to not have online casino wagering requirements
- You can ensure that the games you’re playing contribute the maximum to the wagering requirement
What are the wagering requirements at Punt Casino?
Each promotion is different, but the casino wager requirement for Punt’s welcome bonus is 40x.
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