Wagering requirements are conditions imposed by online casinos that dictate the number of times a player must wager the bonus amount or bonus plus deposit amount before they can withdraw any winnings associated with the bonus. Game weightings are often associated with wagering requirements and refer to the wagering contribution of different games toward fulfilling these requirements.
For example, slots may contribute 100% towards the wagering requirements, meaning that every dollar wagered on slots counts in full towards meeting the requirements. On the other hand, table games like blackjack or roulette may have a lower weighting, such as 50%, meaning that for every dollar wagered on these games, only 50 cents counts towards fulfilling the requirements. It’s important to understand the game weightings when attempting to meet wagering requirements to ensure that you allocate your bets accordingly.
While you can complete the wagering requirements, there may be restrictions on the maximum amount you can withdraw from bonus winnings. For example, you might have $6,000 in winnings from the bonus, but the terms state that the maximum you can withdraw is $5,000. That means that $1,000 will go down the drain even though you won them fair and square. It’s essential to be aware that even the best online casino bonuses have withdrawal restrictions and understand the conditions and limitations that apply to your bonus funds.
Along with the terms and conditions we’ve highlighted, casinos sometimes include special requirements. For example, many sportsbooks have minimal odds requirements for welcome bonus wagering requirements to be fulfilled. The minimal odds on accumulator bets usually range from 1.5 to 1.8 per selection. Therefore, check for special requirements like these in the welcome bonus terms and conditions.