Wagering requirements are a set of parameters a player must meet in order to pay out winnings with a deposit bonus. These parameters are being introduced by online casino providers to fend off bonus offenders and ensure a symbiotic relationship between player and casino.
Wagering requirements apply only to percentage deposit bonuses. Deposit bonuses reward players with a percentage of their deposit into bonus credits. On a player’s casino account, the balance is divided into a “bonus amount” (the credit from the percentage match) and a “cash amount” (the credit balance acquired with the player’s deposit). Each gameplay automatically uses the bonus amount first. Once this amount is used up, a player begins playing through his money.
If a player is lucky enough to receive winnings during the game, he must meet a standard deposit game deposit requirement and a 40-fold welcome deposit requirement wager before he can withdraw his winnings. Once the wagering requirements have been met, the amount of the player’s bonus amount will be transferred to their amount of money so that the money is eligible for withdrawal.
How to calculate wagering
For example, suppose a Platinum Play player makes a first deposit of $ 10. A first deposit at Platinum Play receives a 100% Match Bonus, which gives the player $ 10 in bonus credit. Because Welcome Games bonuses are associated with a 40x wager requirement, the player must make a bet of up to $ 400 to make a payout on a win.
Amount Deposited * Wagering Multipler = Wagering Requirement
According to the above formula, players can quickly and easily calculate the wagering requirements for each deposit bonus.
Not all games contribute the same amount in meeting a range of usage requirements. The following table shows how much each game contributes to the revenue requirements per given balance.
For example, if a player places 1 credit on their preferred slot, they will receive 1 credit for the bet. However, if that player plays roulette, he will only receive 20 cents for every $ 1 bet.