If you’re new to online slots then you may not understand all of the terms associated with them. When you learn what these terms mean, playing slots online will be so much easier over on Slots Baby. We’ll be explaining to you what wagering requirement bonuses are in a way that’s easy for all players to understand. Here is everything you need to know about wagering requirement bonuses:
What is a wagering requirement?
A wagering requirement is the number of times a deposit or bonus needs to be wagered before a bonus can be withdrawn. Wagering requirements differ from casino to casino so before you decide whether to play a slot or not, make sure to take a look at the casino’s terms and conditions regarding wagering requirements. The standard wagering requirement is 35x the bonus plus deposit but it can be different at other casinos. A wagering percentage is a percentage an online slot puts towards the wagering requirement.
Why should I know about wagering requirements?
When gambling, it’s important to know exactly what you’re doing so you need to understand the general terms involved. Bonuses are there to help you get more out of your online casino experience so you can enjoy playing slots. There has been times where players try to abuse bonuses which is why wagering requirements have been put in place.
How do they work?
If you’re new to online casino games then this may seem confusing but it’s easy to understand how wagering requirements work after reading it a few times. Basically, wagering requirements are shown as a number followed by an ‘x’. If a bonus has a wagering requirement of 30, 30 will be the number of times you’ll have to bet ‘x’ amount. The ‘x’ stands for the deposit amount.
That’s not all. Wagering requirements can be deposit only, bonus only or can be a combination of the two. Each online casino may show this differently but it will be clear to see which one it is. Wagering requirements are different for every casino but typically ranges between 20x and 50x the original bonus.
Different requirements for different games
Not all casino games are the same when it comes to the wagering bonus. Typically, the better the RTP, the lower the contribution percentage. The majority of online slots contribute to 100%, however, low RTP games like bingo don’t contribute as much. Table games such as poker have a contribution percentage as low as 5 - 10%. Once again, make sure to check the bonus terms and conditions before you deposit and play!
Where can I find the wagering requirements?
Wagering requirements are normally really easy to find. You can find the wagering requirements under the bonus terms and conditions. Thanks to recent updates from the UK gambling regulation, these requirements are a lot easier to find than they previously have been. The numbers may be in the middle of the text but they are in there. If you’re struggling to find wagering requirements or have any other questions then please contact us. Click here to discover more.