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If you were searching the web for how to overcome increasingly tricky wagering requirements and you made it this far, then you’re in good hands. Maybe you claimed a casino bonus and couldn’t figure out how to withdraw it, or maybe you never understood the concept of the wagering requirement.
Whatever it is, you can stop wondering as we will delve deeper into this topic and how to beat them so you can withdraw your winnings mathematically.
What Are Wagering Requirements?
Let’s start by explaining the concept of the wagering requirement and its role in the online gambling world.
A wager is essentially money spent on an online slot, blackjack, roulette, poker, or any other casino game. When it comes to an online casino bonus, it usually comes with a wagering requirement attached.
A wagering requirement is the number of times a player must play or wager the bonus money before withdrawing the winnings or part of the winnings. A casino bonus usually has several conditions that the player must meet. These include a minimum withdrawal limit or a wagering requirement. Most newbies have trouble understanding the last part.
When you sign up at an online casino and receive bonus money, you are asked to meet a wagering requirement when you make a deposit. If you do not meet these requirements, your bonus money will never be converted into real money for withdrawal.
It is essential to mention that some casino games contribute to the wagering requirement lower than others. Games such as blackjack and online roulette often contribute much less to these requirements than slot games.
Why Do Wagering Requirements Exist?
Although this is a headache for most players, it is not a casino strategy to get more money. There is a legitimate reason why it applies.
The truth of the matter is that there are wagering requirements due to the casinos’ obligation to comply with anti-money laundering regulations.
If online casinos did not have wagering requirements, it would be easy for certain people to clean up their illegal funds by depositing and withdrawing immediately. Besides, some players deposit, play the free spins and then withdraw the deposit. This is no longer possible, thanks in part to the wagering requirement.
What Are No Wagering Requirement Casino Bonuses?
As the name suggests, they are those where there is no restriction on how many times you must wager. The real beauty of these offers is the fact that you can withdraw your winnings immediately, without delay.
While the bonuses may be smaller, the significant advantage here is that you generally don’t need to deposit to use them. They come in the form of either cash or free spins.
The appeal of these offers is famous for online casino operators. That’s why it’s not surprising that many promote no-requirement offers to attract new players. The good news is that you can withdraw any winnings from such bonuses or free spins immediately. However, some casinos require you to deposit before you can withdraw.
Is it Possible to Avoid the Wagering Requirements?
Ultimately, no. If you don’t want the hassle of meeting the requirements, you can permanently waive your bonus. However, we don’t recommend it.
Even if there’s a wagering requirement, a casino bonus increases your budget at least twice. This gives you plenty of time to play that slot game you love. Or to try out the latest title released by the best software providers. Before you know it, you’ve met the wagering requirements and are free to make a withdrawal.
Lukas is the head author at Casinoble and responsible for all content strategies and what casinos we review.
Lukas has a background of playing poker in the early years of the poker boom in Europe. He became an expert within the online gambling and has been working as an author for several websites.