06 veebr. Why do US casinos have wagering requirements?
Online bonuses are fun to have, but they're subject to certain terms and conditions. One important condition to satisfy is the wagering requirement. You can find this in almost all types of bonuses from the welcome offer, reload bonuses, or even free spins. In this guide, we explain wagering requirements and offer you tips on how to benefit from this rule.
What are Wagering requirements?
Who can say no to casino bonuses and all things that come for free? It's fun, boosts our bankroll, and allows us to play some casino games risk-free.
However, claiming a specific bonus still comes with certain restrictions. A popular condition used by operators is the wagering requirement. So, what is the wagering casino requirement, and why should you pay attention?
The wagering requirement is a multiplier that traditionally ranges from x5 up to x100. It represents the number of times you need to wager the bonus before you can make a withdrawal. To any release your pending funds to your casino's Main Wallet, you need to satisfy the requirement for a specific bonus.
To illustrate, let's talk about the widely popular welcome bonus. Let's assume that the operator rewards new players with a 100% deposit bonus up to $100 with a x30 wagering requirement. If you earned the maximum bonus of $100, it means that you need to wager at least $3,000 ($100 x 30 playthrough) before you can request a withdrawal. This requirement varies depending on the operator. As such, we encourage players to check the Terms and Conditions before going forward.
Wagering requirements are important conditions set by casino operators. It may seem unpopular to most players, but its presence serves several purposes.
First, it serves as a protection for casino operators. Casinos are still businesses, and they want returns from whatever they give to players. So, if they award a bonus, they need a guarantee that players will not just withdraw the money from the platform.