https://777spinslot.comWagering Requirements

Wagering Requirements Explained For Beginners

The casino cannot operate at a loss, therefore, it uses different methods of making a profit. Wagering is one of them. The player receives a deposit bonus, which imposes certain obligations on him. If they are not fulfilled within the time limit established by the regulations, the bonus and winnings remain with the casino. In addition, wagering is also a kind of protection against fraudsters who deposit large amounts of money and then withdraw them, presenting them as winnings. Therefore, the wagering requirement is a common measure to protect casinos from losses and money laundering.

It happens so that in the process of wagering, the player loses everything, and makes a claim to the institution that he did not know about such strict rules. In fact, for every game, there are wagering requirements explained, but the gamblers don't read them carefully or don't read them at all.

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Wagering Requirements: An Overview

Wagering Requirements

How Do They Work?

What is a wager? This is the number of times you need to play the bonus in order to be able to withdraw the won money to the wallet. For example, at registration, you made a deposit of £ 10. The casino gives you a bonus for this – 100% with the wagering requirement of X20. This means that if you win, you can only withdraw it after you have placed bets totaling £ 200 (£ 10 x20).

Free Spins with Wagering

What does wager mean in the case of free spins? Although they are called free, they often have their own requirements. For example, you were given 50 free spins on a particular game with an X40 wager and won £ 30. This money is a bonus credit, which must first be wagered, that is, you need to place bets in the amount of 30×40 = £ 1200 and, most often, on the same slot.

Tiered Wagering Requirements

Requirements for multilevel bets are wagering the won money in several stages. This offer can also be called an installment play. What is wagering with gradual playing back? Before making a deposit and accepting bonuses, you need to carefully study this, since the total amount of money spent will not be less than with normal wagering requirements.

It is quite possible to win at the casino. If you want the game to bring only pleasant surprises, read the casino regulations before registering on the site. The registration procedure means acceptance of the conditions of the establishment, including the fact that the player understands the wagering meaning.

All money won using bonuses is kept in a separate balance until the wagering requirements are met. Then, the winnings are transferred to the main wallet, and they can be cashed out.

How to Beat Wagering Requirements

Some gambling establishments with wagering requirements give bonuses up to 200%, thanks to which you can extend the game time and try to win a big jackpot. But here everything will depend on the size of the wager and the frequency of wins.

You can painlessly overcome the wagering requirement in the case when the total winnings from spins exceed the bonus by 30-40 times, that is, by the size of the wager. This is possible only with a very successful combination of circumstances since you can get into a series of losing spins or get winnings below the stake. But if you are lucky enough to catch a bonus game or a profitable combination with bonus symbols, you can significantly increase your balance, and with it your chances of wagering. However, such a course of affairs is rare, so more often players try to place bets in games with low volatility (those that give small but frequent wins). Unless, of course, the wagering conditions are limited to a specific slot, and often, this is the case.

If you don’t want to “bother” yourself with the requirements, you should find the best casino sites with no wagering requirements. But they also have enough pitfalls. After all, you remember that the casino is interested in receiving money, not giving it away. Therefore, the size of the no wager requirements bonus is usually scanty, and the bet is limited to such a low denomination that there is simply no need to talk about some slightly decent win, even if you hit the jackpot. In addition, casinos with no wagering requirements often set limits on the minimum withdrawal amount and having won 10 or 20 pounds, you simply cannot withdraw them until you fund your account.

Wagering Requirements Calculator

Wagering Requirements Calculator

If you decide not to get involved with online casino uk no wagering requirements, but to play with risk, and on a large scale, you should resort to calculations in order to quickly find out how much you will have to play under certain conditions and whether such a game is worth the candle. A special calculator will help you figure out this.

Wagering Calculator – How to Use

So, you need to enter the following parameters for the calculation:

  • The size of the deposit.
  • The size of the bonus in %.
  • The size of the wager.
  • Game contribution (it shows the degree of reimbursement of the bet in a particular game, by default 100%, but it can be 75, 50, 25, 10).
  • The size of the bet at which you will play.
  • What is taken into account when wagering. Only bonus or bonus + deposit.

The result will show how much you have to wager and how much time you will spend on it. As you can see, not only the size of the wager is important, but also the rate of bet reimbursement. For example, in blackjack, it is only 10% in many casinos, which means that for every £ 10 bet, only one will be credited to the wagering requirement. Therefore, when agreeing to a bonus, check-in which games it is available in, what are their variance, RTP, and contribution.

How to Avoid Wagering Requirements?

If you absolutely do not want to get involved with the wager, be sure to check if your casino has a “sticky” bonus. Most often, the institution gives a deposit bonus upon registration, which automatically “sticks” to the deposited amount, and then wagering cannot be avoided. Therefore, if you want to play only for your own, and withdraw the winnings without any problems, look for sites without sticky bonuses.

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Mike Williams
Author of the publication:
Chief Editor at 777spinslot.com
Category of publication:
Wagering Requirements
Publication date:
08.03.2021