Wagering, also known as playthrough or rollover, is a term used in online casinos to describe the amount of money a player must bet before they can withdraw their winnings from a bonus or promotion. It’s an important concept for players to understand, as it can affect their overall online casino experience. In this article, we’ll explain what wagering is in an online casino and how it works.
Wagering is a requirement that online casinos impose on players who claim bonuses, such as a welcome bonus, reload bonus, or free spins. The purpose of wagering is to prevent players from simply claiming a bonus and then immediately withdrawing the funds without playing any games. Wagering ensures that players use the bonus funds to play casino games and potentially generate additional winnings.
Wagering is expressed as a multiple of the bonus or promotion amount. For example, if a player receives a $100 bonus with a 20x wagering requirement, they will need to wager $2,000 ($100 x 20) before they can withdraw any winnings. The actual wagering requirement can vary from one online casino to another and may also depend on the type of bonus or promotion being offered.
It’s important to note that not all casino games contribute equally towards meeting the wagering requirement. For example, slots games may contribute 100% towards the wagering requirement, while table games such as blackjack or roulette may only contribute 10% or less. This means that if a player bets $1 on a slot game, $1 will be deducted from their wagering requirement, but if they bet $1 on a table game, only $0.10 or less will be deducted.
Players should also be aware of the expiration date of the bonus and the wagering requirement. Bonuses usually come with an expiration date, and if the player does not meet the wagering requirement before that date, the bonus and any winnings derived from it may be forfeited.
In conclusion, wagering is a requirement that online casinos impose on players who claim bonuses or promotions. It’s expressed as a multiple of the bonus or promotion amount and requires players to bet a certain amount before they can withdraw any winnings. Players should pay attention to the wagering requirement and the expiration date of the bonus, as well as the contribution percentage of different casino games towards meeting the requirement. By understanding these concepts, players can make the most of their online casino experience and potentially generate additional winnings.