GUIDE TO ONLINE CASINO BONUSES, WAGERING AND PLAYTHROUGH REQUIREMENTS
Due to the massive amount of competition online casinos have to deal with, they are in the habit of offering quite generous bonuses in order to entice people to play. It’s pretty much free gambling money, however, in order to avoid people abusing their kindness, casinos have certain restrictions on withdrawing all that free cash.
This is what is referred to as a “playthrough” or “wagering” restriction, if you look closely enough you’ll find each online casino’s restrictions in their terms and conditions. Usually, this amounts to about 20-30X, which basically means that the bonus the casino is offering you must be wagered 20 or 30 times before you are permitted to cash out.
Simply put, if a casino is offering you $200 free money to bet with and has a 20X requirement, then you must you must place $4000 worth of bets before you are allowed to withdraw your money. Otherwise you’d withdraw right away and they’d go bust, right?
Now everyone knows that each casino game is different, so to prevent you placing your bets on games that the casinos deem to be easier to repeatedly bet on, they will have a different policy from game to game.
So, games like Blackjack and Roulette (which are normally not available for bonus play) will tend to count less than 100%. The rules will differ slightly in each casino but as a general rule, Keno will count 100%, Pai Gow, Sic Bo and Roulette will count 50% and Blackjack and Baccarat will only count 10%.
So for example, if you’re playing Sic Bo or roulette and your wagering requirement is 20X on a $200, your basic requirement would be $8000 (200 X 20= 4000, if your bets only count for 50% then you have to bet twice as many times = 8000).
If you’re playing Blackjack, it would be £40000 (200 X 20= 4000, if your bets only count for 10% then you have to bet ten times as many times = 40000).
It is best to repeatedly place smaller wagers rather than blowing your bonus before you see a return. Also cut your loses when you’re loosing, either reduce your wagers or go back another day when that dreaded loosing streak hits. When you have cleared your wagering requirements cash out immediately and go do it again somewhere.
We hope this introduction has helped you to better understand wagering/playthrough requirements, keep checking our regularly updated list of the most competitive casino bonuses currently being offered and enjoy your online gambling!
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