Winning Starts With Wagering
Playing games at legal online casinos is fun, and wagering is the way to go if you want to win some money. But first, like most activities, you need to understand important terminologies associated with them. This way, you get to know the rules put in place and what is required. One of the most important terms in online casino gaming is wagering. It is one of the foremost to know, hence why we will discuss it more in today’s casino news. Read on.
Betting Smarter: The Art of Wagering
“Wagering” is a verb derived from the word “wager.” A wager is another word for a bet, which is the amount you have to part with to play a round of casino games.
For example, when you want to play an online casino real money game, whether is card games, slots, or any other game, you must put a certain amount into the game before you can spin the reel. This is called a bet/wager. Now, putting in that money is called betting/wagering.
So, every time you play your favorite games and put in money, you are wagering. If you look at the history of gambling, you’ll realize this has always been the norm. Why are you learning this? You’re learning the term for a broader concept called “wagering requirements.”
Every legal online casino offers bonuses and promotions to its new and existing players. However, players can only utilize some of these bonuses by meeting certain wagering/playthrough requirements. This brings us to the next question: What are wagering requirements?
Wagering Requirements: Your Path to Casino Prizes
Wagering requirements are the conditions an online casino expects you to fulfill before you can bet to enjoy their bonuses and promotions. They state how often the player must wager the bonus amount or a mix of the deposit and bonus. Do you see why understanding what wagering means is important?
The essence of placing these playthrough requirements is to ensure that players don’t just withdraw the free bonus money. Gamers must use the free money to play casino games online to try out the platform and win additional money.
For instance, an online casino can provide a 100% match bonus up to $100. This means that when you deposit $100 to play your favorite online slots, you will receive a $100 bonus. However, the bonus money is not automatically cashed. You can withdraw it but must fulfill some playthrough requirements to convert it into cash.
The only games that don’t require you to follow wagering requirements are demo games. These are games like free blackjack, roulette, and baccarat games, played with chips instead of a real bankroll.
Getting the Most Out of Your Casino Bonuses
Bonuses offered by approved online casinos sometimes come with wagering requirements that can be as high as 25x and many times even higher. You need to bet the bonus money (and maybe even the deposit amount) that many times to clear the requirement. Wagering requirements often influence the odds on gaming.
Let’s take the earlier example of the $100 deposit and $100 bonus. If it has a 25x wagering requirement, you must wager the $100 bonus 25 times. Some casinos can even state that the bonus and the deposit must be wagered 25 times each. So, while you want to play a Fishing Expedition game, you can’t just place wagers. It has to follow the bonus requirements.
Other Forms of Betting Requirements
Wagering requirements take different forms. It is not limited to the number of times you need to place a bet. Here are some other things that make up these requirements.
Eligible Games
Not all games contribute to your playthrough requirements. Some games even have certain percentages that contribute to it. You should check the bonus terms and conditions to find out.
Wagering Period
Most bonuses have a stipulated time limit for use. Once that time has passed, the bonus expires, and the playthrough requirements are no longer valid, nor the winnings or bonus itself (it expires). Some examples of wagering periods include 7 days, 14 days, 21 days, and 30 days.
One Bonus at a Time
Often, you can only fulfill one bonus’s playthrough requirements at a time, so you cannot enjoy different promotions simultaneously.
Mastering Your Wagering Road to Casino Success
Wagering and wagering requirements are a big part of playing at an online casino. So, while you might be playing the best casino games for beginners, ensure you are on the lookout for its requirements.
