Wagering requirements are a vital part of bonus terms and conditions at online casinos. These terms define how much you can bet and when you can expect a payout.
So, how do casino wagering requirements work and what can they do for USA players? That’s what we hope to answer in this guide as we explain what playthrough requirements do.
Before we begin, we have to mention that not all real money wagering requirements are the same. Some USA online casinos will offer lower conditions, while others won’t. There is no universal rule (unfortunately). On the bright side, we’ve found the best online casino bonuses with reasonable wagering requirements for USA players.
In essence, a wagering requirement is the legal conditions for claiming and cashing out a bonus. Most casinos will stipulate the games you have to play to meet the requirements and how much you can bet.
For legal reasons, this is a way to stop cheating on both sides and prevent fraud or money laundering. After all, you have to be able to trust your money to the casino. Wagering requirements will apply to all bonuses, including:
No deposit promotions
Daily cashback bonuses
Daily loyalty program rewards
Wagering Requirements Calculator
Wagering requirements follow the same general formula. You will need to bet your initial bonus deposit and bonus amount a certain number of times. These amounts have to be wagered fully in order to qualify for a payout. So, if you:
Take a 100% match bonus offer up to $100.
Then wager $200 20 times.
You will have spent $4000 to get $200 real cash back.
In effect, you’ll spend more to get less out. Thus, we recommend only depositing the minimum amount, which is usually $20. Then, you’ll only spend $400 if you stick to the slot games and keep your winnings.
Be sure to read through all of the added promotional terms and conditions before trying to cash out in case there’s fine print. That way, you know you meet the wagering requirement fully.
Pay Attention to the Wagering Requirements
When reading through the terms and conditions for bonus funds, it’s important to take note of everything. USA casino players are especially vulnerable to fine print because it can be hidden on the main Ts & Cs page.
This is perfectly legal, so we recommend keeping a pen and paper nearby. Casino websites hate to give up bonus money, and they will nail you for any reason. So, keep track of each casino game and amount you bet as well.
Are Wagering Requirements Worth it?
Yes, if you’re careful and know what you are doing. Most of the time, we all get a little too excited and try to get things over with.
Casino bonuses can really help to improve your experience, but you need to know what’s happening. Our expert players have had some rough altercations with casinos who don’t want to pay out money. Try to avoid our mistakes by being a savvy USA gambler.
In conclusion, finding the best casino playthrough requirements takes a lot of research and care. So, always keep track of your spending and bet size. It’ll only help you to get that big payday.
Wagering Requirements FAQs
What are wagering requirements?
The term wagering requirements refers to the number of times you have to play the amount of the bonus you receive before you get to withdraw your winnings.
What is meant by wagering?
Wagering means betting or gambling money on a future result or outcome of an event or gambling game in the hopes of winning money.
What does 10x wagering requirement mean?
A 10x wagering requirement means that you have to wager an amount equal to the bonus 10 times before you can withdraw whatever winnings you have made.
What does 1x wagering mean?
A 1x wagering requirement means you have to wager an amount equal to the bonus only 1 time before you can withdraw. However it must be said this is extremely rare and usually the lowest playthrough is 5X.
What does 30x playthrough mean?
A 30x playthrough requirement means that you have to wager an amount equal to the bonus 30 times before you can withdraw winnings made from that bonus.