Wagering requirements are also known as playthrough requirements, and they are common at online casinos. In fact, gamblers in South Africa should expect any legit bonus offering to have specific applicable playthrough requirements.
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What are Wagering Requirements?
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 casino game player needs to deposit in order to cash out winnings from bonus games.
Why Do Casino Bonuses Have Wagering 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.
How do Wagering Requirements Work?
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.
The Importance of 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.