Wagering Requirements

[Shirley]

Shirley again,

 

This new term "wagering requirements" is also new to me and have already been told by other players that should keep that in mind before I play for real money.

 

Not just looking for a bonus that is not too good to be true but also a wagering requirement that is fair for me to come back.

 

Some casinos put a specific dollar figure on their wagering requirements – telling players that they need to bet $5,000 at the Slot games before they can cashout their bonus. This structure of wagering requirement is easy to understand, but other casinos outline their wagering requirements by telling only the number of times you need to wager your bonus.

 

For example, a 30x (30 times) wagering requirement means that you need to spend your original deposit plus bonus amount at the games that many times over. Say you deposited $100 and received $100 of bonus money, a 30x wagering requirement means that you need to bet a total of $6000 before you can cashout your winnings. Some casinos may also set a minimum number of bets you much make to meet the wagering requirements.

Why not just saying the total amount that someone will need to wager before cashing out.

 

Wagering requirements can be hard to understand; how do you like to see them outlined by casinos so they are more straight-forward?

 

Shirley

[bxxobb1]

Hello this is David. If you looking for low wagering and Low risk play at 888.com.Even you can cashour your original money without meeting wagering requirements.I've looked for soomany casinos like 888.com but until now i've never found any one.for better underatanding i'm providing a sample chat session

 

you: I made my first deposit of $100, but I only received a $25 bonus.

Keeshan2: the bonus will be credited to your account in 2 parts

you: ok, how?

Keeshan2: you will receive an instant 25% on your first deposit

Keeshan2: the maximum bonus amount would be $50

Keeshan2: after that

Keeshan2: you will need to accumulate a certain amount of points in order to receive the remaining 75%

you: how many points?

Keeshan2: it depends on how much your initial deposit is

Keeshan2: for example

Keeshan2: If you make a first deposit of $100, then:

You will receive 25% of your Welcome Bonus immediately = $25

When you reach 75 x 3 = 225 comp points, then:

You will receive the remainder of your Welcome Bonus as a follow-up = $75

you: the playthrough is how many times generally?

Keeshan2: One moment please...

Keeshan2: what do you mean by play through?

you: the number of times I have to play the games before I can withdraw the bonus

Keeshan2: in order to cashout the 1st part of the bonus you will need to wager no less than 20 times the bonus amount. in order to cashout the 2nd part, you will need to wager 2 times the bonus amount

you: ok, great!

you: thank you for your help!

Keeshan2: You are very welcome!

Please do not hesitate to contact us again whenever you need further assistance!

[Odeshevych]

To answer your first question - they say X times because often the bonus will be based on your deposit amount, which could be less than $100, so if you deposited $20 then obviously your total wagering requirements would be less than $6000. To answer your second question - new regulations mean that casinos must clearly display the wagering requirements and other terms next to each bonus offer, and the standard is pretty much now to say "bonus must be wagered X times" or "X times wagering applies".

[ValDes]

To answer your first question - they say X times because often the bonus will be based on your deposit amount, which could be less than $100, so if you deposited $20 then obviously your total wagering requirements would be less than $6000. To answer your second question - new regulations mean that casinos must clearly display the wagering requirements and other terms next to each bonus offer, and the standard is pretty much now to say "bonus must be wagered X times" or "X times wagering applies".

 

Hey there and welcome to AskGamblers.

 

Thanks for taking your time answering a forum post from 2009. Quite an old one indeed, but you know what they say "Better late than never"!  

[chuvanenko]

Hello this is David. If you looking for low wagering and Low risk play at 888.com.

888 has restricted my acc for `abusing bonus`.

although I still don't know how I could manage to abuse it.

So, people, be careful