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Founded Date April 21, 1968
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Sectors Regulatory Affairs Department
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Unpacking Casino Wagering Requirements
The Most Misunderstood Casino Term
Imagine you’ve accepted a generous welcome offer that gives you extra funds to play with. Then, casino you discover the money isn’t immediately available for withdrawal. This is almost always due to wagering requirements, a condition that is attached to nearly every casino bonus.
An Explanation of Playthrough
It’s a rule set by the casino that obligates you to bet your bonus amount a certain number of times before it’s converted to your cash balance.
Consider this scenario:
- Your deposit is $50, and the casino matches it with a $50 bonus.
- The playthrough condition is set at 30 times the bonus.
- To clear the bonus, casino you must wager a total of $1,500.
This means you must place a total of $1,500 in bets before the original $50 bonus and any winnings from it are moved to your cash balance and become available for withdrawal.
Important Nuances to Be Aware Of
There are several factors that can affect how easy or difficult it is to meet the playthrough.
Consideration | Explanation |
---|---|
Bonus vs. Bonus + Deposit | Some casinos apply the wagering requirement only to the bonus amount, while others apply it to the bonus PLUS your deposit. The second type is much harder to clear. |
Game Weighting | Not all games contribute equally to meeting the requirement. Bets on slots usually contribute 100%, but table games like blackjack or roulette might only contribute 10% or even 0%. |
Time Limits | Be aware of the time limit. If you don’t complete the wagering in time, you will lose everything connected to the bonus. |
Max Bet Rules | Always adhere to the max bet rule to avoid losing your promotion. |
Are Bonuses Still Worth It?
Despite these conditions, casino bonuses can still offer excellent value. The extra funds can enhance your entertainment and potential for winning. This allows you to identify promotions with reasonable conditions and maximize their value.