Wagering requirements are also known as playthrough requirements, and they are common at internet casinos. In fact, gamblers in South Africa should expect any legit casino bonus offering to have specific applicable playthrough requirements.
However, this might not always be the case with some trusted sites as this process has chased away many potential players before.
Find out how wagering requirements work and how to properly calculate them before accepting your bonus funds.
Wagering requirements refer to the terms and conditions that must be adhered to by the gambler in order to cash out bonus round winnings. More specifically, this refers to the minimum amount that the player needs to deposit in order to cash out winnings from bonus games or number of times you need to wager on games before you can request a withdrawal.
Wagering requirements differ per bonus and from casino to casino. While some might have the standard 40x wagering demand, some will require you to wager more or fewer times.
Also, at some gambling sites, the different games contribute differently to how the wagering requirements apply. Which is why it is important to read the terms and conditions of your deposit match or any other bonus before you accept the free money.
Some casinos will provide you with the different game weightings and number of days that the requirement needs to be fulfilled – usually 30 days or less – to ensure that you are aware of what you are in for.
Why Do Casino Bonuses Have Playthrough Requirements?
Without playthrough requirements, gamblers can easily play using a bonus, cash out the winnings, then move on to the next casino. So, by requiring bonus users to make deposits in order to receive their payouts, the casino creates a level of commitment from the player.
This also ensures that the casino does not just make payouts without any money coming in.
Wagering Requirements Calculator
Online casinos usually calculate playthrough requirements based on the bonus amount. For example, gamblers might be expected to deposit the bonus amount 20 times in order to receive the bonus and bonus winnings.
However, SA gamblers must also be mindful of the fact that not all online casino bonuses are cashable. So instead of being able to cash out the winnings as well as the bonus amount, players might only receive the winnings.
Why Understand Bonus Playthrough Requirements
In the terms and conditions of any bonus offer, gamblers can find all the information they need. Gamblers who accept offers based on assumptions of what they think it means are taking a risk. Taking this approach usually ends in disappointment. Whereas, gamblers who take the “rather safe than sorry” approach know what they are signing up for.
Casino bonuses are a great benefit, but gamblers should do their research, so they know exactly what they are getting into. Good South African casinos will have their bonus playthrough requirements readily available.