Bonuses have become a standard part of online casinos these days. They enhance your playing experience and boost your winning chances. However, you cannot simply withdraw bonuses immediately after you get them. If this is possible, many players will go about registering on different online casinos just for the bonus and withdraw them right away.
Online casinos introduced wagering requirements to make things more interesting and keep players on their sites a little longer. These are basic terms and conditions that players must fulfill before they’re allowed to withdraw their bonus and winnings from the casino. Since you’ll need to fulfill the wagering requirements before you can withdraw bonus funds from online casinos, you should be familiar with the basic strategies that can boost your chances. This post examines the optimal strategy to help you beat casino bonus wagering requirements.
What Are Wagering Requirements?
When you sign up on a no-deposit bonus crypto casino or any other type of online casino site, you’ll most likely get bonuses to help you get started on the casino. These may be in the form of a deposit bonus, free spins, and matchup cash bonuses. Existing players can also get these bonuses by taking advantage of ongoing promotions on the casino.
These bonuses typically come with conditions known as wagering requirements. These conditions typically stipulate that you must wager a certain amount of money before you’ll be allowed to collect any winnings you get from your bonus. The wagering requirement may also be referred to as a playthrough or rollover requirement.
In most casinos, wagering requirements refer to the number of times you must re-bet the bonus you receive before you can withdraw it from your account. For instance, if you get a $50 bonus with a 30x wagering requirement, it means you have to roll over this bonus at least 30 times. In this case, you’ll need to bet a total of $1,500 ($50 times 30) before you can withdraw any winnings.
Depending on the casino, the wagering requirement may apply to the bonus amount alone or to both the bonus and the amount you deposited to get it. For instance, if you deposited $50 to get a $50 bonus, the wagering requirement will apply to the sum of your deposit and bonus ($100). Based on this, the total amount you have to bet to withdraw your winnings is $3,000. Since free spins and free bets aren’t in cash form, the wagering requirements apply directly to the winnings you get with the free spins.
Strategies and Tips to Beat Casino Bonus Wagering Requirements
It goes without saying that you could exhaust your bonus amount before meeting the bonus requirements or fail to fulfill the requirements before the bonus expires. In either case, you will miss out on your bonus and winnings. Since this isn’t what you want, you need to know the optimal strategy to help you beat the wagering requirements before the bonus expires. Here are a few tips you’ll find helpful.
Choose the Right Casino
The first factor that will determine whether or not you can beat the wagering requirement is the online casino you’re playing at. This depends on how well you can spot casinos offering the best bonuses.
Each casino has different rules for their bonuses and how they can be claimed. Before joining an online casino, look carefully at the wagering requirements offered by the casino to understand your chances of beating it.
On the surface, the value of the wagering requirement will already give you an idea of how difficult it will be to beat it. A casino with a 20x wagering requirement will generally be easier to beat than one with a 40x requirement.
However, beyond the face value of the wagering requirement, you might need to drill down on the other terms and conditions of the bonus, such as the game types, betting limits, and expiry period. More about this in the next point.
Read and Understand the Wagering Requirements
Before you start playing in a casino, you should review the other terms and conditions of the bonus offer. A low wagering requirement isn’t the only factor that will determine how easy or difficult it’ll be to beat the requirement. Some of the other factors are highlighted below:
- Bonus money first – some casinos will start playing with your own money first instead of the bonus you were given.
- Maximum bet while wagering: Generally, casinos don’t allow players to place big bets just to clear the wagering requirement. Check the maximum amount you can bet. A low maximum limit will make it difficult to beat the wagering requirement.
- Maximum withdrawal: some casinos have a maximum amount you can win from bonuses. A low maximum amount already limits your winning chances regardless of how well you manage your bonus.
- Expiry date: the bonuses you get will likely expire after a certain amount of time. You may lose the bonus money if the casino doesn’t give you enough time to redeem it.
Choose the Best Games
Choosing your games wisely is another factor that can affect your chances of beating the wagering requirements. Different casino games will contribute varying percentages to the wagering requirement.
On most sites, slots contribute 100% to the wagering requirements, while table and live dealer games only contribute a small percentage (typically 10 to 50%). Note that some slots may be completely exempt, and some casinos may restrict the bonus to a specific game or set of games.
Before you start playing, find out which games contribute to the wagering requirement and how much they contribute. This way, you can play games that boost your chances of meeting the wagering requirements instead of playing randomly.
Consider Slot Volatility
Also known as variance, the volatility of a casino game refers to the level of risk associated with playing the game. It is typically indicated as either low, medium, or high, and it indicates how frequently wins occur in the game and the size of these wins when they occur.
A low-volatility game is low-risk because it gives winning outcomes more frequently. However, the wins only occur in small amounts. In contrast, high-volatility games offer bigger payouts for each win, but they appear less frequently.
To boost your chances of getting a good payout from your bonus, experts recommend starting with high-volatility slot games. While they’re high-risk, you stand a chance of increasing your bankroll with the big payouts they offer.
After you have padded your bankroll with these high-variance games, you can then switch to low-volatility titles. They offer safer gameplay, allowing you to meet the wagering requirements without losing your bankroll.