The importance of wagering requirements of casino bonuses
Bonuses are always a welcome addition to the overall online casino experience of every player. They represent furthermore a significant advantage of online casinos in comparison to land-based casinos, which offer usually just limited bonuses.
The most common form of bonuses are welcome bonuses, which are awarded to a player after he/she made his/her first deposit. But there are of course other types of bonuses as well. Players can obtain free spins after a successful registration without any deposit or they can participate in regular promotions that grant them reload bonuses, cash or other prizes. All of these bonuses have however usually one thing in common – they have to meet wagering requirements most of the time.
What are wagering requirements?
There is rarely something really for free and bonuses are no exception. If you take the time to read the terms and conditions you will come across the number of times, you have to wager a bonus. What does this term stand for?
The wagering requirement indicates how many times the bonus amount must be wagered, before it can be withdrawn from the online casino as cash.
You have made your fist deposit of ₹ 1.000 and you received a 100% welcome bonus of ₹ 1.000. If you want to withdraw your bonus of ₹ 1.000 as cash, you must meet at first the wagering condition. Let’s say the wagering requirement is 20 times. You can withdraw this bonus amount as cash only then, if you wager ₹ 20.000 (20 x ₹ 1.000). You can place any kind of bet combinations such as 200 x ₹100, etc. on any eligible real money slot.
All in all, do not pay only attention to the amount of the offered bonus, but take a look also on the wagering requirements as well, because they determine the real convenience of any bonus.
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