Understanding Wagering Requirements
Wagering requirements are usually expressed as a multiple (e.g., 20x, 35x, 50x). This signifies how often you must wager the bonus amount before withdrawing winnings.
- Calculating Wagering Requirements:
- Bonus-Only Wagering: If the wagering requirement applies only to the bonus amount, you calculate it as follows:
- Bonus Amount x Wagering Multiplier = Total Wagering Amount
- Example: $100 bonus with a 20x wagering requirement = $100 x 20 = $2,000
- Bonus + Deposit Wagering: If the wagering requirement applies to the bonus amount plus your deposit, the calculation is:
- (Bonus Amount + Deposit Amount) x Wagering Multiplier = Total Wagering Amount
- Example: $100 bonus with a 30x wagering requirement on a $50 deposit: ($100 + $50) x 30 = $4,500
Important Terms:
- Game Contribution Percentages: Not all games contribute equally towards fulfilling wagering requirements.
- High Contribution Games: Slots often contribute 100%, meaning every dollar you bet on slots counts fully towards fulfilling the wagering requirement.
- Low Contribution Games: Table games like blackjack and roulette often have lower contribution percentages (e.g., 10% for blackjack, 5% for roulette). You'll need to wager more on these games to meet the wagering requirements.
- Excluded Games: Some games, such as live dealer games and progressive jackpot slots, may not contribute to wagering requirements.
- Expiration Periods: Most bonuses have an expiration date. You must meet the wagering requirements within this timeframe to avoid forfeiting your bonus and any associated winnings. For example, a bonus might expire after 7 days or 30 days from the date of claiming it.
Games That Count Towards Wagering
Not all casino games contribute equally towards fulfilling wagering requirements. Some games have a higher "weight" than others. This means that bets placed on certain games will contribute more towards meeting your playthrough obligations. To understand this better, we've categorized games based on their typical contribution percentages.
This section will explore these categories and discuss how high-volatility games can impact your wagering strategy.
- Slots: Typically contribute 100% towards wagering requirements.
- Table Games: Often have lower contribution percentages (e.g., blackjack 10%, roulette 5%).
- Video Poker: Contribution varies depending on the game variant. Some classic video poker games may have higher contributions than others.
- Live Casino Games: Contribution may be limited or excluded entirely.
High-Volatility Games and Wagering:
High-volatility games can significantly impact your wagering strategy. While they offer the thrill of potentially large wins, they also come with increased risk. Let's explore how these games can influence your approach to fulfilling wagering requirements.
- High-volatility games offer the potential for significant wins, but they also come with increased risk.
- While they can help you meet wagering requirements quickly due to the potential for larger wins, they can also lead to significant losses, potentially jeopardizing your chances of withdrawing winnings.
- It's crucial to understand the volatility of a game before using it to fulfill wagering requirements.
