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Wagering Requirements: the Kryptonite of Online Gamblers

The notorious pandemic has been https://www.forbes.com/sites/andrewjsilver/2020/07/13/despite-pandemic-new-sports-gambling-and-online-gaming-market-entries-proliferate” rel=”nofollow”>changing the way punters gamble</a> for quite a while. Millions of players have been forced to switch from their favorite brick-and-mortar casinos to online platforms, and it would be far-fetched to say that the transition wasn’t – and isn’t – painful. Not only is seeking your new gambling destination a challenge itself, but it’s also hindered by numerous obstacles and hooks placed here and there by untrustworthy online casinos.

Speaking of which, wagering requirements can be rightfully called the kryptonite of online gamblers, especially those naively believing in bonuses as the no-strings-attached freebies. In fact, quite the opposite is true: wagering requirements are the biggest obstacle on the way to your well-deserved free money. 

Whether you play at the internationally acknowledged casinos like Betsson, Energy Casino, Slottica, and Vulkan Vegas or less popular ones, there’s no other way to squeeze the maximum out of bonuses than by getting the full lowdown on them – which we’re going to do right away along with Aleksandra Maj, an experienced punter-writer from KasynoHEX.  Without further ado, let’s examine wagering requirements through and through and then proceed to the bonuses bearing no wagering.

Wagering Requirements as a Pitfall that Cannot be Wholly Avoided

For those unfamiliar with wagering, let’s explain what this is all about. A wagering requirement, also known as a playthrough or a rollover requirement, is a multiplier – for example, 30x – that indicates the total amount of money you should wager on specific casino games in order to be able to withdraw your bonus money. For instance, a bonus of $100 with a 30x wagering would be unlocked once you’ve wagered $3,000 on the eligible casino games; a bonus of $300 would require you to wager $9,000.

You might want to avoid bonuses with wagering requirements at all costs, but that’s hardly possible because the majority of bonuses do require a playthrough. Therefore, the best you can do is to tame the beast, for which you need to know:

  1. The wagering multiplier itself: the lower the number, the better. It goes without saying that completing a 30x playthrough is tougher than playing through your bonus 20 times, and so on.
  2. Whether the multiplier applies to the bonus winnings. The wagering requirement always applies to the bonus itself, but not always to the bonus money. If it does apply, then playing through your money becomes two times harder.
  3. The games eligible for completing the playthrough and how they count. On the bonus terms & conditions webpage, you can find a list of games eligible for completing the wagering, as well as the contributing percentages for those games. For example, if some slots contribute 50%, then only half the money wagered on these slots would count (that is, $200 would count as $100, etc.).

Besides, there might be geographical restrictions, or some payment methods might be excluded from the bonus offer, or anything else, which is why it would be wise to read the T&C in the first place.

Are There Bonuses with No Wagering?

If you’re willing to steer clear of wagering requirements, you have no other option but to hunt for no-wagering bonuses, a rare treat at online casinos. No-wagering bonuses are usually small in size – up to a few dozen dollars – and may require a deposit of a small amount – probably another few dozen dollars – but they’re free after all. At the end of the day, it all boils down to a simple estimation of whether the required deposit (if it is required) is bigger than the bonus itself.

In addition to a no-wagering requirement, some casinos might offer no-wagering free spins, as well as cashback and some other perks bearing no wagering requirements. Also, if you’re a VIP member, the wagering requirement might be lowered or even canceled altogether for you.

Note: gambling is addictive and no one but you is responsible for your mental state. If you’re spotting any signs of gambling addiction in yourself, your beloved ones, or family members, don’t hesitate to seek help at international – BeGambleAware, GamCare, Gamblers Anonymous – or local organizations that help with gambling addiction.

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Source: http://hrnews.co.uk/wagering-requirements-the-kryptonite-of-online-gamblers/

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