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What are Wagering Requirements at Online Casinos?

When you play at online casinos you should know there is a wager requirement for when you want to cash in or benefit from the bonuses on their website. You can easily find them on the terms and conditions tab. Once you’ve understood them it’s time to pick a game and have some fun.

What are Wagering Requirements?

If you are new to the world of gambling you should first understand what exactly wagering requirements mean. Wagering requirements are basically bets you place when playing. Being a beginner you also benefit from a couple of bonuses, such as the welcome bonus, that comes with a wagering requirement. You have a specific amount, usually minimum, you have to deposit in order to play a game for real money.  For example, to benefit from a bonus at Showlion casino, or other casinos you have to make an account, pick the type of bonus you want, meet the wagering requirements and start playing. You generally find them on the terms and conditions tab, so don’t wait any longer. However, if you don’t complete the wagering requirements you cannot withdraw the money you’ve won.

Where I can Learn More about Wagering Requirements 

Going on a casino page, such as Showlion casino you will notice that all you need to know about deposits, rules, and regulation you will find on their website. Every important piece of information is now available to players, so if your game does ask for a wager requirement for you to withdraw your money you should probably find it on the terms and conditions page.

However, if you have trouble finding them you can always contact their support and you will be answered any questions you have. The great thing about online casinos is that you can find any information online without any hassle.

What are Wager-free Casino Bonus Offers?

Yes, not every bonus comes with wagering requirements. This is wonderful news to a rookie on gambling, because you don’t need to do anything else, other than pick the bonus from the casinos website, such as Showlion and start playing. They can also come in the name of “ no deposit bonus”, or “wager-free bonus” and so on. However, you should find it pretty easily.

You don’t have to make any deposits, or complete a requirement to take advantage of your winning. Best thing about them is that you can withdraw the money right away, but some casinos still ask you to make a deposit before getting any money.

Types of Wagering Casino Bonuses

There is a variety of wagering casino bonuses you can try.

  •         No wagering bonus

Bonuses without any wagering requirements are the best. You don’t need to do anything but select the bonus and play.  You cash in what you’ve won, or even more.

  •         Free spins and no wagering

For all the slots fans out there, this bonus is a perfect match. Getting free spins without doing anything? Sounds like a dream come true. All you have to do now is find your favourite casino, such as Sholion and start playing. There is a wide variety of slots to choose from.

  •         The deposit bonus

Pretty common, the deposit bonus, as its name says, needs a deposit, usually there is a minimal amount to pay, and it will give you 100% your deposit, or 50%, depending on the bonus to play the games.

  •         The welcome bonus

You got to love this bonus. It is only available for new players and all you have to do is create an account, complete all the needed data, select your bonus and start playing. Keep in mind you can only use it once. It gives you a free spins, or a deposit bonus, depending on the casino.

How to Calculate the Wagering Requirements 

If you like math, you will enjoy calculating your wagering requirements. Imagine you picked a casino, for example Showlion, and you want to select a deposit bonus, but you don’t know how to make the calculation so you know the final amount.

Let’s say you are granted 100Rs only if you deposit 80Rs and your wagering requirement is 6x.

You will have your bonus (100Rs) x 6= 600Rs. This means you have to win 600Rs, before making any withdrawal. However, some casinos include your deposit as well, so you will have 600Rs+80Rs=680Rs to win while playing.

Conclusion

In the end, whatever casino you choose, make sure you get the most out of their bonuses. Now that you familiarize a little with the wagering requirements, give it your best and start winning. Don’t forget to play responsibly and enjoy yourself.

Ajay Deep

Ajay Deep is the brain behind Coworking Mag. He founded this website to help startups and aspiring entrepreneurs find a coworking space in their city. He is a successful entrepreneur who started and scaled a bunch of startups – all from shared office spaces. He has visited hundreds of coworking spaces in different countries and is now an investor in this evergrowing idea of developing new coworking spaces. You may reach Ajay Deep at hello@coworkingmag.com
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