Wagering requirements may sound a little complicated, or even intimidating at times but if you can take the time to understand them then this will help you out a lot in the long run. A lot of casino sites tend to have promotions on offer, such as spending £10 to get £30 back. Promotions such as this tend to mean that you have to meet the requirement before you can go ahead and claim the bonus. A wagering requirement is the amount that you ultimately have to bet before you can get the bonus you are hoping for. In most cases, you won’t be able to get any money from your bonus at all, until you meet the requirement.
What does it Look Like?
The most common wagering requirement if you are a beginner would be 4x. This essentially means that if you want to get the money promised, you have to bet 4x this amount to claim it. In other words, if you spend £10 so you can get £30 then as a bettor, you will have to wager 4x this offer, or £120. Please note that the wagering requirement will sometimes include the bonus as well as the deposit, so it is super important that you keep things like this in mind. You may think that this number is crazy or borderline ridiculous. That being said, it’s fair. This is especially the case if you look at casino sites where you have some casino requirements that are 50x. This means you have to put down 50x the amount before you even think about claiming the bonus, and this is the last thing you need.
Why Do Sites Need Them?
Wagering requirements can be a real nightmare. That being said, if you are part of the gambling community then they are nothing but vital. There are a few ways that a casino site can make a profit, and wagering requirements are one of them.
If you think about it, if the wagering requirement was not there then people would be able to withdraw their bonus without spending any time on the site at all. If you do not meet a wagering requirement, then a bingo site would not be able to offer you any promotion at all. The main reason for this is that they would not be able to make a profit. Ultimately, you would be left living in a world without any promotions at all.
Wagering requirements are very much legal and if they do not seem fair to you then simply do not sign up with the site. If you want to make sure that they are fair, then take the time to check the site before you accept the terms and conditions. That way you can make sure that you are going to be able to accept any wagering requirements with ease.
Where can you find Casino Wagering Requirements?
It’s very easy to find a site’s wagering requirements. Terms and conditions are usually located at the bottom of the home page. If you want to find the wagering requirements, then you may be tempted to look under the promotional page or even on the withdrawal rules page. The promotion’s small print is also important to look at. Most promotions will have a very small section that explains the bonus requirements and what you have to do to meet them so keep that in mind. If you do not want to spend your time trying to meet a wagering requirement then one thing you can do is look into casinos that let you enjoy free spins no wagering offers.
Next up, support teams. If you have tried all of the above methods and you are not able to find the requirements you are looking for, or if you cannot understand them then you should have a chat with the support team. They can be contacted by using the phone lines or you can give them a message over live chat. Ultimately, it is so important that you ask if you are unsure about anything because if you don’t then you may find that you end up missing out on a huge jackpot or a bonus, simply because you did not think to ask the right questions.
How do they Work with Casino and Bingo Sites?
So now you understand the basics of casino requirements and wagering requirements, you need to understand how they work. Now, normally, bingo sites will not give you a real money bonus. In other words, if you get offered £30 if you put down a deposit of £10 then this means that you can use that £30 on any bingo tickets you want. You cannot and should not withdraw it and use it as real money. Some sites will not allow you to make any withdrawals until you have met the wagering requirements and conditions.
What Does This Mean?
So, when you deposit your £10 and you get a bonus back, you will have to spend four times the bonus if you want to be able to withdraw your money. This means you would essentially have to spend £120 on bingo tickets before you can hope to meet the requirements set. This requirement could have a time limit on it as well. If it does, then this will probably be 30 days. You should take the time to make note of any time limits because if you don’t then you may end up losing out on your winnings which is the last thing you need.
Let’s say for a second, that you ended up winning £500 on a site and that you did this after you spent around £10 on bingo tickets. You can’t withdraw any of this unless you go ahead, and spend an extra £110 on bingo tickets. If you can take the time to meet the wagering requirements however then you will be able to take out your money whenever you want. For a lot of sites, if you want to try and make a withdrawal before you wager then you will be immediately forfeiting your bonus as well as any winnings. This will disappear from your account, and this is the last thing you need.
Wagering Requirement
So, one of the most common wagering requirements you will come across is 4x. This is pretty average for a lot of bingo sites. The higher the requirement is, the more difficult it will be for you to meet it. If you notice a site that is giving a huge bonus, then there is a high chance that you will have to put down a huge wagering requirement. If you are not interested in bonuses at all then some sites will offer you the chance to opt out of this. Sure, you won’t be able to get the free money, but you will be able to play without limitation.
What Conditions Are Attached?
Wagering requirements are not without any kind of concern. You need to take the time to read the fine print as this will differ depending on what site you are using. Do not assume that one is going to speak for all. Some wagering requirements come with a time limit attached, and this can include a welcome bonus that lasts around 30 days. If you do not fulfil the requirement during this time, then you are not able to claim this bonus. For this reason, if you are not able to claim the bonus or if you are eyeing up a big bonus then you need to work out if you are going to be able to meet the conditions before your time ends up being up.
Conditions
For a lot of sites, you will not be able to make a withdrawal until you’ve met the wagering requirements. If you do, make a withdrawal then your bonus and any winnings that you have will be taken off you. Be aware that your winnings can vanish altogether if you do not meet the set requirements. Take note of the fact that not all winnings are the same either. Some games can contribute to your wagering requirements more than others. A lot of bingo sites only allow actual bingo tickets to contribute to the wagering requirement as an example. Playing on slots in this instance will not count. If you spend a total of £10 on Keno for example, then this would send a total of £10 to your requirement.
If you put £10 on Wild Viking, then you would only contribute a total of £2.50. As you can see, you do have to make sure that you read all of the wagering requirements properly. If you don’t then you may find that you end up spending hundreds on games but that you are only ever able to contribute a minimal amount to your wagering requirements. By this point, you should know what your wagering requirements are and where you can find them. You should also be aware of how they work. If you need some more help then be sure to read some online guides, so you can find out everything you need to know.
