What Are Wagering Requirements?

So, you have decided to register an account with an online casino or slots site to try out some interesting slot or play a table game or two. The online gambling market is so huge, and the competition is so fierce that every online casino and slot site is offering its own welcome bonuses to attract as many players as possible. However, most of these bonuses come with certain wagering requirements. Newcomers to the world of online gambling will most certainly ask ‘what are wagering requirements’, which is a quite valid question.

In this article, we’ll try to give you as much information on this topic as possible, so by the time you finish reading it, you will know all about it. Let’s start!

What Are Wagering Requirements And Where To Find Them?

As we have already mentioned in the section above, online casinos and slots sites give welcome bonuses to players who have decided to create an account with them and deposit funds for playing.  These welcome bonuses just add up to the excitement of playing at an online casino and give you additional opportunities for lading a win.

However, it is very important to remember that these welcome bonuses come with certain terms and conditions to apply to both free spins and no deposit bonuses. So, wagering requirements are conditions set by the online casino which stipulate the use of the welcome bonus.

Fulfilling Wagering Requirements

So, in simple terms, the conditions tied to the use of the cash amounts and free spins in case you land a win while you’re using the welcome bonus are called wagering requirements. Every online gambling establishment has its own wagering requirements which you can find by opening the Terms and Conditions section.

Wagering Requirements On Bonus Amounts

The wagering requirements state the total number of times a player needs to wager the received bonus before withdrawing the cash prizes won during the use of the free spins and bonuses. Wagering requirements are usually a certain number which could be as low as 20x or as high as 50x. This means that the bonus amount gets multiplied with that multiplier and results in the amount you need to wager before you could withdraw any amount won with the bonus.

To make it clearer, we’ll give you an example. An online casino offers a welcome bonus of £50 to all newcomers which comes with a wagering requirement of 20x. So, if you claim this bonus, you’ll need to wager the amount 20x, which is equal to £1000, before you could claim any winnings from the online casino.

You should also be aware that some online casinos tie the wagering requirements just to the awarded bonus, while others tie them to both the deposited amount and the bonus offered. That is why it is always a smart thing to check what are the conditions of the wagers so that you could avoid any unpleasant surprises when withdrawing your winnings.

Wagering Requirements On Free Spins

When explaining what are wagering requirements, it is inevitable to also mention wagering requirements on free spins. Free spins are also tied with wagering requirements that a player needs to fulfil before withdrawing any winnings received from the free spins. This means that you need to wager any eventual winnings made from free spins a certain number of times before cashing them out. So, if you are using the free spins from the welcome offer and you win £50, and the wagering requirement on them is 20x, then, you need to wager £1000 before you can access your prize.

The wagering requirements differ from online casino to online casino or even from game to game. However, you should also be aware that there are online casinos which believe that any winnings from spins should automatically belong to them. So, before you decide to make an account with a casino, make sure to read its Terms and Conditions to see what their wagering requirements are.

How To Get The Most Out Of Your Bonus

Claim the welcome bonus is not mandatory. When creating an account with an online casino, players can also opt out of receiving the welcome bonus. It is very common with new online casinos to make opting out of the welcome bonus as easy as possible. All you need to do when creating your account at these online casinos is tick a box that you don’t want to receive the welcome bonus and that’s it. As simple as it gets!

With other online casinos is not that easy to opt out of the welcome bonus and you’ll get redirected to a customer care representative. However, the main thing here is that you can opt out of receiving the welcome bonus and create your account without claiming the welcome bonus.

So, when creating an account at an online casino, make sure you always read the wagering requirements first! Thus, you can decide for yourself whether is worth claiming the bonus amount or not. There is no online casino that offers a bonus to players without wagering requirements tied to it. That’s like the casino giving players free money to make even more money at their establishment.

However, if you want a longer playtime on your favourite casino game, along with great excitement and plenty of fun, then go for the free spins and bonuses offered by online casinos. They are a great way to help you go the extra mile and will increase your chances of winning. As we have stated in the text above, never forget to read the wagering requirements before requesting a withdraw for your winnings. This will help you avoid any unpleasant surprises which have occurred from your not reading the wagering requirements when creating an account with the casino.

We hope we have given you a satisfactory answer to the question “what are wagering requirements”.

Now that you have an idea of what wagering requirements are, claim your bonus from Secret Slots and enjoy playing on your favourite online video slot!