Wagering Requirements
2021年4月6日Register here: http://gg.gg/oy389
Wagering requirements, or playthrough conditions, are the number of times or amount you have to gamble before you can withdraw winnings made from your online casino bonus. In this guide, you will learn everything you need to know about wagering requirements, including what they are, how to calculate the playthrough terms, and finding casinos offering a low wagering bonus. Wagering requirements are the most important part of those terms and determine the number of times (and therefore money) you will need to wager your bonus funds before you are able to make a withdrawal and claim the bonus money as real cash. They are usually displayed as such: 35x (B) – This means you need to wager your bonus funds 35 times. Wagering requirements and play-through explained Online casinos may have different rollover requirements for you to access your matched deposit bonus. For instance, some casinos might have a 20X or 30X requirement. However, casinos offering larger bonuses might have rollovers as high as 45X.
*Wagering Requirements Betmgm
*No Wagering Casino Bonus
*Wagering Requirements For Bonus Bovada
*Wagering Requirements Calculator
*Wagering Requirements Calculator
*No Wagering Casino
Wagering requirements are a confusing thing to many new online gamblers, especially since they can also be called ‘playthrough requirements’ or ‘rollover requirements’, further complicating the matter. Put simply, wagering meaning can be defined as the number of times you have to get a bonus before you can withdraw it. For example, if you took a £100 bonus at x20 wagering requirements, you would have to make £2,000 worth of bets before you can withdraw the £100.
That might seem impossible, but it’s not. Check out our guide on how to beat them for some insight.
What are wagering requirements and what’s the easiest way to understand what they mean for you as the player? This short, simple article will explain them.
We’ll look at the most important things about wagering requirements, including:
*What is wagering requirements/what does wagering mean in gambling?
*What is wager x20?
*How bonus wagering requirements work and how casinos always win by using them?
*How can you beat online casino wagering?
*What’s a low wagering requirements casino?Wagering Meaning Defined
Don’t confuse wagering requirements with wager. They’re different terms. For those who don’t have the time to read the entire piece, wagering requirements make it difficult for you to withdraw the bonus cash you are given. We don’t like them, and we know you won’t either. We prefer casino bonuses with no wagering requirements. They’re not as ‘exciting’ as the free money offers, but it’s 100% honest. You get to keep 100% of what you win.
Now, back to what wagering requirements actually are…
Imagine the following casino welcome bonus offer:
“Get a 100% deposit match up to £2,000 on your first deposit. Minimum deposit £20. x20 wagering requirements apply”.
What this means is that if you deposit anything up to £2,000, the casino will double your money. However, the wagering requirements clause means you’ll have to bet that money x20 over before you can withdraw it, or any winnings you get on top of it. Let’s say you deposited £100 and the house gives you another £100 on top – you would have to bet £2,000 before you can withdraw the bonus money. Hopefully, this helps you to understand wagering meaning in gambling.
Let’s say you take the offer and play slots, and you hit a nice £5k jackpot. If you’ve burned through the initial deposit and are now using the free casino bonus, you’ll have to bet it x20 over before you can withdraw that jackpot.
This is how the casinos make their money. To be fair, you can’t expect them to be dishing out thousands of pounds willy-nilly. After all, they’re a business and they’re out to make money. Wagering x20 isn’t as hard as it initially seems, but it is highly unlikely you’re going to be able to withdraw that money, and that’s exactly what the casino wants. Even at low wagering casinos, you will have to bet bonus cash between 5x and 10x.
The best way to look at welcome bonuses and deposits is free money to play with. In realistic terms, you aren’t going to make the wagering requirements and win without extreme luck on your side. That doesn’t mean, however, that you can’t enjoy playing your favourite slots, tables games or card games using that money.
Don’t bank on betting the house’s money x20 and winning. The games are based on probability and you’d have to have a horseshoe up your arse to be able to bet that many times over and win. However, the house’s money can be used to just have fun and play your favourite games at whatever casino you desire.
It’s still always best to find casino welcome bonus deals with the lowest possible wagering requirements, giving you the best chance of being able to actually win and withdraw that money plus any associated jackpots. Anything between x20-x35 is normal but stay away from the casinos that take things over and above this as x40 or x50 would be nearly mathematically impossible to meet. Rather than try to meet them, just play at the lowest wagering requirements casino in the UK – PlayOJO, which has no wagering requirements at all. It’s also important to play the best slots for wagering. There’s no point in understanding the wagering meaning without knowing how to take advantage and beat them!
What does wagered 30 times mean?
Wagered 30x means that you have to bet the bonus 30 times before you can withdraw it. For example, if you get a £100 bonus, you have to wager £3,000 before you can withdraw the bonus. This isn’t as impossible as it first seems, but it will require some luck.Wagering Requirements & Time Limits
Most bonuses also usually also come with time limits. For example, they might say you have to meet them within 30 days, 90 days, or whatever the casino in question determines. Always read the small print to find out about time limits as well.
Let’s say the wagering requirements at a wager casino are x20 and have to be met within 30 days. You deposit £100 and get £100 to play with from the casino. That means you’ll have to bet £2000 within 30 days or the deposit money will be cancelled and any winnings will be declared void.
Casinos do this for cash flow reasons. They can’t give you their money and let you sit on it forever as this would make it hard for them to meet their substantial operating expenses. Some give more generous time limits than 30 days, but they all have time limits in some form.Play Through Rates and Game Weighting
The final thing to consider is game weighting. Once you understand wagering meaning, you have to go deeper and understand this too.
Game weighting means, in a nutshell, the percentage of bets that will count towards meeting wagering in a given game.
For example, slots almost always count 100% towards wagering requirements. That means that for every penny you bet, you’re working towards meeting the wagering requirements. However, card games like blackjack rarely count 100%, and might be assigned a game weight of something like 70%, meaning that for every 10 you play with, 7 will count towards wagering requirements.
Always check the terms and conditions of a given deposit bonus of welcome offer to check what games count. Since most online casino players play slots more than any other game, this shouldn’t be of too much concern. If you’re out to play another game, however, you need to consider if you’ll need to bet more to meet the wagering requirements. Again, the best casino sites with no wagering requirements eliminate this issue altogether. Game weighting brings a whole new element to wagering meaning.Wagering Meaning Summary
As you can see, wagering requirements virtually guarantee the house will be getting their deposit money back again. Only a few lucky fish slip through the net of playthroughs and actually put the casino cash in their pocket. You will stand more chance if you play high RTP slots.
Knowing this, just take the money with the aim to play games for free. You might as well approach it that you aren’t likely to win using the welcome bonuses, because that’s basically the truth when you look at it objectively. Still, these offers are there for the taking and you can try out all of the various games and play whatever you want at the casino without using your own cash.
If you do manage to score a huge jackpot using the welcome bonus money, such as x100 the value of the bonus then you can bet away to meet the wagering requirements, knowing that when you do, you’ll be able to make the withdrawal and still be up a large amount of money. For example, let’s say you spin slots with a £100 bonus and win £10,000 – you’ll only have to bet £2000 before you can withdraw the jackpot, provided the wagering requirements are x20 as in our previous example.
Remember, it’s all free money at the end of the day and you just never know – you could be spinning away on the likes of Mega Moolah and could hit the progressive jackpot. At that point, meeting the wagering requirements before you can withdraw will be a walk in the park.
Did you enjoy this article on wagering meaning? Did it explain them properly or do you still have unanswered questions? Drop us a comment and let us know. We suggest you claim some free spins no wager and say adios to wagering requirements for good.Related posts:
A wagering requirement is a condition that an online casino attaches to your use of their promotions or signup bonuses.
Here’s an example:
When you join an online casino for the first time, you’re usually eligible for a welcome bonus. For this example, let’s assume the bonus is $1,000 as a 100% match on your first 4 deposits of $250 each.
On each of your first 4 deposits the casino gives you credit equal to what you deposit, up to a limit of $250 per deposit.
But even though you can play with the money, you cannot withdraw it–not yet.
To earn that bonus and to keep whatever remains of it and any possible winnings, you’re required to make a number of bets or wagers whose total cash value is a multiple of either the bonus ($250) or the deposit plus the bonus ($500).
Wagering requirements vary across casinos. Common multiples include 25 times (deposit plus bonus), 30 times (deposit plus bonus), and 40 times (deposit plus bonus).
These X times ((deposit plus) bonus) requirements are often referred to as playthrough or rollover.
You’ll often see new players in gambling forums asking questions like this:
*“What does wagered 10 times mean?”
*“20X wagering requirements?”
*“What does 30X wagering requirements mean?”
I’ll explain more below.
That might seem like a lot of gambling.
But there are 2 things to remember:
*A good gambling site will offer you games with a reasonable theoretical return to player and low volatility. It’s your responsibility to recognize the games that are best suited for meeting wagering requirements. These are almost always slot machine games–even though there are some exceptions.
*You won’t lose every bet you place. It sounds like $12,500 is impossible to wager when you’re starting with $500, but on many of these bets, you’ll win some money. The house edge will whittle away at your bankroll slowly but surely, but it’s still possible to get lucky and have a winning streak when fulfilling your wagering requirements.
Online casinos often attach other conditions to those promotions.
Here are some examples:
*You might have to fulfill your wagering requirement within 30 to 90 days after you receive each promotional credit.
*Some games will be ineligible.
*Some games won’t reward you with credit toward your fulfillment obligation as much as the slot games do. (They’ll apply at a discounted rate, like at 10% or 20%.)
Also, online casinos often offer multiple welcome bonus promotions. You might see larger promotions for slot games and smaller promotions for table games. You have to apply the credit appropriately.
At online casinos that allow you to accept multiple credits at the same time, you’ll see separate bonus balances in your account dashboard. The casinos’ software does the accounting math for you, and your wagers are deducted from the appropriate bonus accounts first.Wagering Requirements BetmgmHow Does Playthrough or Rollover Work?
The “playthrough” (or “rollover”) is just a multiple of your initial deposit or credit or both. You have to gamble that much money before the casino agrees to let you keep some or all of the credit (if any remains) and your winnings. Many no deposit welcome bonus offers place a limit on how much of the credit plus winnings you can withdraw.
Always be sure to print out a copy of the terms and conditions of the offers you accept so that you can refer back to them when you want to withdraw money.
Once you have the money in your account, you transfer some of it to a game and start playing. Assume you’ve chosen a slot game that pays reasonably well, doesn’t offer big prizes, and for which you will gamble no more than $5 per spin. This is conservative betting, and it gives you a chance for hanging onto your money and even to play it up in substantial winnings.
The average slot game player makes about 10 spins per minute. That allows for the occasional free spins or other type of bonus game. At $5 per spin, you’ll gamble about $50 per minute.
That might seem like a lot of money, given you just deposited $250, but on a low volatility game paying relatively smaller prizes, you should win back most of that $50. Assume you have 80% of what you gambled at the end of each minute. That means you still have $40 out of that $50. And assume further that every 10 minutes, you win an average prize about of $100.
If your playthrough or wagering requirement is 40 times (deposit plus bonus), you’ll have to make $20,000 in wagers to fulfill the rollover requirement on your first deposit. You’ll have to gamble for about 400 minutes (about 6 and 2/3 hours) to fulfill your obligation.
You don’t have to do this all at once, though. You can (and probably should) stretch it out over several gaming sessions. You should also take a break at least once an hour. Get up and walk around, get a drink, relax, stretch, etc.
If you’re losing $10 per minute, and you only have $500 to gamble with, you’ll run out of money in about 50 minutes.
But you should win some nice prizes across 500 spins. The theoretical return to player rating per game (if you can find it) helps you to visualize what you might win back. In fact, it’s possible to be ahead within a few minutes of starting a game.
But I’m assuming you’ll win an average “big” prize of about $100 (20 to 1 odds on a $5 bet) every 10 minutes or so, which means you’ll get back back about $500 after 50 minutes of play. In other words, there’s a chance that with conservative betting you’ll have more than your initial $500 deposit plus bonus credit at the end of your first 50 minutes of play.
This doesn’t always happen, but most people can stay in the game at least that long.
Slot games and a few other games are usually given full playthrough credit. In other words, for every dollar you bet on these games your wagering requirement is reduced by one dollar. But table games like blackjack and roulette may award you with less credit. You might be credited only 40 cents or 10 cents per dollar wagered on these kinds of games, and that is why we recommend you stick with the slots. Also, some casinos require that you only play slots to earn their bonus credits.
There are several types of welcome bonus promotions, too. Some online casinos offer you a “table games bonus,” which may be less than the “slot games bonus” and have a less overwhelming rollover requirement. If you enjoy playing poker, and if your casino offers poker, it might only provide relatively modest credits of $100 to $250 to poker players. The wagering requirements on poker welcome bonuses are adjusted to this game’s style of play.How to Beat Wagering Requirements?
The wagering requirements are there to make sure you can’t take advantage of the casino and walk away with free money. Think about it. Without any kind of rollover requirement, you could deposit $250, claim a $250 bonus, place a single $5 bet, lose, and then withdraw $495.
It wouldn’t take long for these online gambling sites to go out of business that way.
But when you combine a requirement for a certain amount of action before allowing a withdrawal, the casino gives the house edge a chance to whittle away your bankroll. Most of the time, the playthrough requirements are set up in such a way that the probability of walking away a winner is minimal.
Here’s an example:
You sign up, deposit $250, get a $250 deposit bonus, and decide to play slots with your $500 at $5/spin.
Most online slot machines have a better payback percentage than brick and mortar slots, but you can assume the house edge is probably still at least 6%.
If you’re required to make bets equal to 25X your deposit plus bonus, you’re looking at $12,500 in action.
If the house edge holds true, your expected loss on that much action is 6% X $12,500, or $750.
That’s $250 more than your bankroll.
Of course, that’s a long term expectation, so in the short run, you might do a lot better than that.
But how do you increase your chances of beating the long term expectation?
How do you beat the wagering requirements and walk away a winner?
The first thing you need to understand is the difference between the short term and the long run. In the short term, anything can happen. In fact, it’s next to impossible to see results similar to the mathematical expectation in the short term.
Think about it this way. The ultimate version of the short run is a single bet. If you bet $100 on a single spin of a slot machine game, you’re not likely to lose $6 and get $94 back, even if the house edge is 6%.
That expected loss is an average over time.
So your best chance of seeing a result different from the average over time is to place fewer bets and hope to get lucky.No Wagering Casino Bonus
If you want to beat the wagering requirements, you should make as few big bets as you possibly can. You’ll still probably lose, because the odds are against you.
But when you win, you’ll hit a larger prize amount. Once you’re far enough ahead, you can revert to a smaller bet size and make larger bets in an effort to preserve your winnings.
Here’s what happened to me once:
I had $500 in my account, and I needed to place $12,500 in wagers before cashing out. I bet $25 on a slot machine game, and on the 3rd spin, I won $6000.
At this point, I had $6425 in my account.
Now my goal is to get my $12,500 in wagers in while losing as little as possible. 6% of $12,500 is $750. If I can get close to that, I’ll have $6425 – $750, or $5675 left.
The best way to improve my chances of just losing $750 is to place as many small bets as possible.
And that’s what I did. I cashed out with over $4000. I used th
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Wagering requirements, or playthrough conditions, are the number of times or amount you have to gamble before you can withdraw winnings made from your online casino bonus. In this guide, you will learn everything you need to know about wagering requirements, including what they are, how to calculate the playthrough terms, and finding casinos offering a low wagering bonus. Wagering requirements are the most important part of those terms and determine the number of times (and therefore money) you will need to wager your bonus funds before you are able to make a withdrawal and claim the bonus money as real cash. They are usually displayed as such: 35x (B) – This means you need to wager your bonus funds 35 times. Wagering requirements and play-through explained Online casinos may have different rollover requirements for you to access your matched deposit bonus. For instance, some casinos might have a 20X or 30X requirement. However, casinos offering larger bonuses might have rollovers as high as 45X.
*Wagering Requirements Betmgm
*No Wagering Casino Bonus
*Wagering Requirements For Bonus Bovada
*Wagering Requirements Calculator
*Wagering Requirements Calculator
*No Wagering Casino
Wagering requirements are a confusing thing to many new online gamblers, especially since they can also be called ‘playthrough requirements’ or ‘rollover requirements’, further complicating the matter. Put simply, wagering meaning can be defined as the number of times you have to get a bonus before you can withdraw it. For example, if you took a £100 bonus at x20 wagering requirements, you would have to make £2,000 worth of bets before you can withdraw the £100.
That might seem impossible, but it’s not. Check out our guide on how to beat them for some insight.
What are wagering requirements and what’s the easiest way to understand what they mean for you as the player? This short, simple article will explain them.
We’ll look at the most important things about wagering requirements, including:
*What is wagering requirements/what does wagering mean in gambling?
*What is wager x20?
*How bonus wagering requirements work and how casinos always win by using them?
*How can you beat online casino wagering?
*What’s a low wagering requirements casino?Wagering Meaning Defined
Don’t confuse wagering requirements with wager. They’re different terms. For those who don’t have the time to read the entire piece, wagering requirements make it difficult for you to withdraw the bonus cash you are given. We don’t like them, and we know you won’t either. We prefer casino bonuses with no wagering requirements. They’re not as ‘exciting’ as the free money offers, but it’s 100% honest. You get to keep 100% of what you win.
Now, back to what wagering requirements actually are…
Imagine the following casino welcome bonus offer:
“Get a 100% deposit match up to £2,000 on your first deposit. Minimum deposit £20. x20 wagering requirements apply”.
What this means is that if you deposit anything up to £2,000, the casino will double your money. However, the wagering requirements clause means you’ll have to bet that money x20 over before you can withdraw it, or any winnings you get on top of it. Let’s say you deposited £100 and the house gives you another £100 on top – you would have to bet £2,000 before you can withdraw the bonus money. Hopefully, this helps you to understand wagering meaning in gambling.
Let’s say you take the offer and play slots, and you hit a nice £5k jackpot. If you’ve burned through the initial deposit and are now using the free casino bonus, you’ll have to bet it x20 over before you can withdraw that jackpot.
This is how the casinos make their money. To be fair, you can’t expect them to be dishing out thousands of pounds willy-nilly. After all, they’re a business and they’re out to make money. Wagering x20 isn’t as hard as it initially seems, but it is highly unlikely you’re going to be able to withdraw that money, and that’s exactly what the casino wants. Even at low wagering casinos, you will have to bet bonus cash between 5x and 10x.
The best way to look at welcome bonuses and deposits is free money to play with. In realistic terms, you aren’t going to make the wagering requirements and win without extreme luck on your side. That doesn’t mean, however, that you can’t enjoy playing your favourite slots, tables games or card games using that money.
Don’t bank on betting the house’s money x20 and winning. The games are based on probability and you’d have to have a horseshoe up your arse to be able to bet that many times over and win. However, the house’s money can be used to just have fun and play your favourite games at whatever casino you desire.
It’s still always best to find casino welcome bonus deals with the lowest possible wagering requirements, giving you the best chance of being able to actually win and withdraw that money plus any associated jackpots. Anything between x20-x35 is normal but stay away from the casinos that take things over and above this as x40 or x50 would be nearly mathematically impossible to meet. Rather than try to meet them, just play at the lowest wagering requirements casino in the UK – PlayOJO, which has no wagering requirements at all. It’s also important to play the best slots for wagering. There’s no point in understanding the wagering meaning without knowing how to take advantage and beat them!
What does wagered 30 times mean?
Wagered 30x means that you have to bet the bonus 30 times before you can withdraw it. For example, if you get a £100 bonus, you have to wager £3,000 before you can withdraw the bonus. This isn’t as impossible as it first seems, but it will require some luck.Wagering Requirements & Time Limits
Most bonuses also usually also come with time limits. For example, they might say you have to meet them within 30 days, 90 days, or whatever the casino in question determines. Always read the small print to find out about time limits as well.
Let’s say the wagering requirements at a wager casino are x20 and have to be met within 30 days. You deposit £100 and get £100 to play with from the casino. That means you’ll have to bet £2000 within 30 days or the deposit money will be cancelled and any winnings will be declared void.
Casinos do this for cash flow reasons. They can’t give you their money and let you sit on it forever as this would make it hard for them to meet their substantial operating expenses. Some give more generous time limits than 30 days, but they all have time limits in some form.Play Through Rates and Game Weighting
The final thing to consider is game weighting. Once you understand wagering meaning, you have to go deeper and understand this too.
Game weighting means, in a nutshell, the percentage of bets that will count towards meeting wagering in a given game.
For example, slots almost always count 100% towards wagering requirements. That means that for every penny you bet, you’re working towards meeting the wagering requirements. However, card games like blackjack rarely count 100%, and might be assigned a game weight of something like 70%, meaning that for every 10 you play with, 7 will count towards wagering requirements.
Always check the terms and conditions of a given deposit bonus of welcome offer to check what games count. Since most online casino players play slots more than any other game, this shouldn’t be of too much concern. If you’re out to play another game, however, you need to consider if you’ll need to bet more to meet the wagering requirements. Again, the best casino sites with no wagering requirements eliminate this issue altogether. Game weighting brings a whole new element to wagering meaning.Wagering Meaning Summary
As you can see, wagering requirements virtually guarantee the house will be getting their deposit money back again. Only a few lucky fish slip through the net of playthroughs and actually put the casino cash in their pocket. You will stand more chance if you play high RTP slots.
Knowing this, just take the money with the aim to play games for free. You might as well approach it that you aren’t likely to win using the welcome bonuses, because that’s basically the truth when you look at it objectively. Still, these offers are there for the taking and you can try out all of the various games and play whatever you want at the casino without using your own cash.
If you do manage to score a huge jackpot using the welcome bonus money, such as x100 the value of the bonus then you can bet away to meet the wagering requirements, knowing that when you do, you’ll be able to make the withdrawal and still be up a large amount of money. For example, let’s say you spin slots with a £100 bonus and win £10,000 – you’ll only have to bet £2000 before you can withdraw the jackpot, provided the wagering requirements are x20 as in our previous example.
Remember, it’s all free money at the end of the day and you just never know – you could be spinning away on the likes of Mega Moolah and could hit the progressive jackpot. At that point, meeting the wagering requirements before you can withdraw will be a walk in the park.
Did you enjoy this article on wagering meaning? Did it explain them properly or do you still have unanswered questions? Drop us a comment and let us know. We suggest you claim some free spins no wager and say adios to wagering requirements for good.Related posts:
A wagering requirement is a condition that an online casino attaches to your use of their promotions or signup bonuses.
Here’s an example:
When you join an online casino for the first time, you’re usually eligible for a welcome bonus. For this example, let’s assume the bonus is $1,000 as a 100% match on your first 4 deposits of $250 each.
On each of your first 4 deposits the casino gives you credit equal to what you deposit, up to a limit of $250 per deposit.
But even though you can play with the money, you cannot withdraw it–not yet.
To earn that bonus and to keep whatever remains of it and any possible winnings, you’re required to make a number of bets or wagers whose total cash value is a multiple of either the bonus ($250) or the deposit plus the bonus ($500).
Wagering requirements vary across casinos. Common multiples include 25 times (deposit plus bonus), 30 times (deposit plus bonus), and 40 times (deposit plus bonus).
These X times ((deposit plus) bonus) requirements are often referred to as playthrough or rollover.
You’ll often see new players in gambling forums asking questions like this:
*“What does wagered 10 times mean?”
*“20X wagering requirements?”
*“What does 30X wagering requirements mean?”
I’ll explain more below.
That might seem like a lot of gambling.
But there are 2 things to remember:
*A good gambling site will offer you games with a reasonable theoretical return to player and low volatility. It’s your responsibility to recognize the games that are best suited for meeting wagering requirements. These are almost always slot machine games–even though there are some exceptions.
*You won’t lose every bet you place. It sounds like $12,500 is impossible to wager when you’re starting with $500, but on many of these bets, you’ll win some money. The house edge will whittle away at your bankroll slowly but surely, but it’s still possible to get lucky and have a winning streak when fulfilling your wagering requirements.
Online casinos often attach other conditions to those promotions.
Here are some examples:
*You might have to fulfill your wagering requirement within 30 to 90 days after you receive each promotional credit.
*Some games will be ineligible.
*Some games won’t reward you with credit toward your fulfillment obligation as much as the slot games do. (They’ll apply at a discounted rate, like at 10% or 20%.)
Also, online casinos often offer multiple welcome bonus promotions. You might see larger promotions for slot games and smaller promotions for table games. You have to apply the credit appropriately.
At online casinos that allow you to accept multiple credits at the same time, you’ll see separate bonus balances in your account dashboard. The casinos’ software does the accounting math for you, and your wagers are deducted from the appropriate bonus accounts first.Wagering Requirements BetmgmHow Does Playthrough or Rollover Work?
The “playthrough” (or “rollover”) is just a multiple of your initial deposit or credit or both. You have to gamble that much money before the casino agrees to let you keep some or all of the credit (if any remains) and your winnings. Many no deposit welcome bonus offers place a limit on how much of the credit plus winnings you can withdraw.
Always be sure to print out a copy of the terms and conditions of the offers you accept so that you can refer back to them when you want to withdraw money.
Once you have the money in your account, you transfer some of it to a game and start playing. Assume you’ve chosen a slot game that pays reasonably well, doesn’t offer big prizes, and for which you will gamble no more than $5 per spin. This is conservative betting, and it gives you a chance for hanging onto your money and even to play it up in substantial winnings.
The average slot game player makes about 10 spins per minute. That allows for the occasional free spins or other type of bonus game. At $5 per spin, you’ll gamble about $50 per minute.
That might seem like a lot of money, given you just deposited $250, but on a low volatility game paying relatively smaller prizes, you should win back most of that $50. Assume you have 80% of what you gambled at the end of each minute. That means you still have $40 out of that $50. And assume further that every 10 minutes, you win an average prize about of $100.
If your playthrough or wagering requirement is 40 times (deposit plus bonus), you’ll have to make $20,000 in wagers to fulfill the rollover requirement on your first deposit. You’ll have to gamble for about 400 minutes (about 6 and 2/3 hours) to fulfill your obligation.
You don’t have to do this all at once, though. You can (and probably should) stretch it out over several gaming sessions. You should also take a break at least once an hour. Get up and walk around, get a drink, relax, stretch, etc.
If you’re losing $10 per minute, and you only have $500 to gamble with, you’ll run out of money in about 50 minutes.
But you should win some nice prizes across 500 spins. The theoretical return to player rating per game (if you can find it) helps you to visualize what you might win back. In fact, it’s possible to be ahead within a few minutes of starting a game.
But I’m assuming you’ll win an average “big” prize of about $100 (20 to 1 odds on a $5 bet) every 10 minutes or so, which means you’ll get back back about $500 after 50 minutes of play. In other words, there’s a chance that with conservative betting you’ll have more than your initial $500 deposit plus bonus credit at the end of your first 50 minutes of play.
This doesn’t always happen, but most people can stay in the game at least that long.
Slot games and a few other games are usually given full playthrough credit. In other words, for every dollar you bet on these games your wagering requirement is reduced by one dollar. But table games like blackjack and roulette may award you with less credit. You might be credited only 40 cents or 10 cents per dollar wagered on these kinds of games, and that is why we recommend you stick with the slots. Also, some casinos require that you only play slots to earn their bonus credits.
There are several types of welcome bonus promotions, too. Some online casinos offer you a “table games bonus,” which may be less than the “slot games bonus” and have a less overwhelming rollover requirement. If you enjoy playing poker, and if your casino offers poker, it might only provide relatively modest credits of $100 to $250 to poker players. The wagering requirements on poker welcome bonuses are adjusted to this game’s style of play.How to Beat Wagering Requirements?
The wagering requirements are there to make sure you can’t take advantage of the casino and walk away with free money. Think about it. Without any kind of rollover requirement, you could deposit $250, claim a $250 bonus, place a single $5 bet, lose, and then withdraw $495.
It wouldn’t take long for these online gambling sites to go out of business that way.
But when you combine a requirement for a certain amount of action before allowing a withdrawal, the casino gives the house edge a chance to whittle away your bankroll. Most of the time, the playthrough requirements are set up in such a way that the probability of walking away a winner is minimal.
Here’s an example:
You sign up, deposit $250, get a $250 deposit bonus, and decide to play slots with your $500 at $5/spin.
Most online slot machines have a better payback percentage than brick and mortar slots, but you can assume the house edge is probably still at least 6%.
If you’re required to make bets equal to 25X your deposit plus bonus, you’re looking at $12,500 in action.
If the house edge holds true, your expected loss on that much action is 6% X $12,500, or $750.
That’s $250 more than your bankroll.
Of course, that’s a long term expectation, so in the short run, you might do a lot better than that.
But how do you increase your chances of beating the long term expectation?
How do you beat the wagering requirements and walk away a winner?
The first thing you need to understand is the difference between the short term and the long run. In the short term, anything can happen. In fact, it’s next to impossible to see results similar to the mathematical expectation in the short term.
Think about it this way. The ultimate version of the short run is a single bet. If you bet $100 on a single spin of a slot machine game, you’re not likely to lose $6 and get $94 back, even if the house edge is 6%.
That expected loss is an average over time.
So your best chance of seeing a result different from the average over time is to place fewer bets and hope to get lucky.No Wagering Casino Bonus
If you want to beat the wagering requirements, you should make as few big bets as you possibly can. You’ll still probably lose, because the odds are against you.
But when you win, you’ll hit a larger prize amount. Once you’re far enough ahead, you can revert to a smaller bet size and make larger bets in an effort to preserve your winnings.
Here’s what happened to me once:
I had $500 in my account, and I needed to place $12,500 in wagers before cashing out. I bet $25 on a slot machine game, and on the 3rd spin, I won $6000.
At this point, I had $6425 in my account.
Now my goal is to get my $12,500 in wagers in while losing as little as possible. 6% of $12,500 is $750. If I can get close to that, I’ll have $6425 – $750, or $5675 left.
The best way to improve my chances of just losing $750 is to place as many small bets as possible.
And that’s what I did. I cashed out with over $4000. I used th
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