Online casinos commonly offer enticing promotions to attract new players and reward loyal players. While prizes such as accessories, electronics and exotic vacations come with no strings attached, Free Spin winnings and Cash Bonuses are often accompanied by a wagering requirement. Many online casinos have a standard wagering requirement which applies to most promotions, however, at times casinos deviate from the standard and create a wagering requirement tailored to a specific promotion.
Whether standard or customized, once a wagering requirement is placed, it is important to understand that sometimes only select casino games can contribute toward fulfilling it. Most of the time, casinos allow wagers on slots to fully contribute toward the fulfillment of a standard wagering requirement (100%) whereas table games often partially contribute (0%, 10%, 50%, 100%). It is important to read the terms and conditions of each and every promotion carefully before you decide to participate.
How a Wagering Requirement Works
If a casino with a standard wagering requirement of 35x has awarded you a £10 Bonus Cash prize, you must wager that amount 35 times before withdrawing your bonus money or transferring it. That means that you have to bet £350 (35 x £10) on qualifying casino games before collecting your Bonus Cash.
Let’s say that same casino allows slots to contribute 100% and table games to contribute 50%. A wager of £5 on Roulette would contribute £2.50, whereas a wager of £5 on an online video slot would contribute £5 toward the £350 total required. Of course, it is important to keep in mind that most online casinos don’t allow Progressive online video slots to contribute toward the standard wagering requirement at all.
Why do Casinos use Wagering Requirements?
Unfortunately, if an online casino offered a £10 Cash Bonus with no wagering requirement attached, it probably wouldn’t stay in business for long – especially considering that most online casinos are accessible to multiple countries worldwide (a.k.a. millions of players!) Hypothetically, if 1 million players collected that Cash Bonus on the same day, the online casino would lose £10 million almost instantly. Wagering requirements ensure that the benefit is mutual between the online casino and the player.
Wagering Requirements for Top Online Casinos
Listed below are standard wagering requirements. The term ‘slots’ refers to non-progressives only.
- Vera&John: 40x – Slots and Instant Games contribute 100%; Table games contribute 10-15%
- LeoVegas: 35x
- Mr Green: 35x – Slots contribute 100%
- Royal Panda: 35x – Slots, Scratch Cards and Softgames contribute 100%; Table games and Live games contribute 10%
- Betive: 45x – Slots, Scratch Cards and Sportsbook contribute 100%
- Slots Million: 35x – most Slots contribute 100%
- 32Red: 30x – Slots, Keno and Scratch Cards contribute 100%; Table games contribute 0%-50%
- Karamba: 35x for Bonuses with deposit & 50x for Bonuses with no deposit – Slots contribute 100%