Entering the exciting world of online casino gaming can be daunting, with a range of different sites, games and rules to remember in order to take part.
For beginners, learning the ropes and not going in blind can be the difference between online casinos being a way to pass the time and a way to have fun while winning some money.
One of the many things to consider when first entering the world of online gaming is wagering. Winnings and bonuses are only collected when the player meets certain requirements when playing.
While there are wager-free casino bonuses, it’s worth educating yourself on how to navigate these rules and use them to your benefit.
What is wagering?
A wager is a bet made up of money that’s then spent on playing the many various casino games across the online spectrum – that spectrum even including some video games. Online casinos usually reward a new player when they deposit with bonus money that can only be withdrawn when a wagering requirement is met.
A wagering requirement tells the player how many times they must play their bonus money before they can withdraw it as winnings.
This bonus money stands apart from the player’s own money and can only be withdrawn as one when certain requirements are met when playing – what these requirements are is something that varies from casino to casino. If these requirements are not met, the bonus money is not won.
For example, if you deposit £50 in an online casino that rewards you with £50 bonus money and requires a wagering bonus of 6x, you’ll need to stake £300 on various online games for you to able to withdraw the bonus money for your own account.
Put into a maths equation it looks like this:
£50 (deposit) + £50 (casino bonus money) x 6 = £600 (wagering requirement sum)
Some games contribute less to the overall wagering requirement, such as Poker or Roulette. Popular games like the slots contribute significantly more.
Meeting the requirements
Apart from knowing that the ‘free spin’ offers do not contribute to the wagering requirement, there are clear cut ways in which you get yourself well set up for attempting to meet it.
The first and most obvious way is to research the web for the best casinos with the offers that are most ‘player-friendly’.
Properly-licensed casinos will have high-level security and be far more trustworthy than the more obscure outlets, who may not be heavily scrutinised as much by the government. The British government, in particular, have recently stepped up their online casino checks.
Another way to get well set is to read the fine print. Terms and conditions of casinos should let you know the wagering requirement, as well as if there a cap on winnings or how much of the bonus can actually be redeemed if the wagering requirement is met.
Knowing the wagering requirement and the rules towards it, any player should be free to enjoy online casino gaming as they please with no unexpected hindering that would otherwise dampen their experience.