How to Understand and Beat Online Casino Wagering Requirements

1. How to Understand and Beat Online Casino Wagering Requirements? So, you’ve finally sign-up in an online live casino in Singapore. And you finally get that lucrative casino welcome bonus that they offered. But the thing here is, you cannot figure out how to withdraw it. Most of the time, online casino wagering requirements are hard to understand. It has a tricky concept that often confuses a first-time casino player. Like we said, online casino gives a welcome bonus and free spins to their customer upon sign-up. But these rewards cannot be instantly converted into cash. And can only claim, if you have completed their online casino wagering requirements.

2. What is wagering? Before we delve into details on how to beat the wagering requirement, you must know first what the wager is. A wager is the amount of money or bets that you need to spend in any casino table game. To simply put, a wager is simply a bet. What are online casino wagering requirements? Online casino wagering requirements refers how many time you need to bet the bonus. To simply put, it implies that you need to spend a certain amount of money to play in the online casino. By then, it now becomes a real money that you can withdraw. Also, most casino bonus comes with several conditions that you must fulfill. And if you are not able to meet these wagering conditions, the bonus will never be converted into real money. Online casino wagering requirements differ from the bonus type that you get. For Cash Bonus: You need to wager through a specified multiplier before you can redeem any bonus funds. And for you to get the other related winnings that comes with it. Let’s say you get a cash bonus with a 40x wagering requirement. It only means that you need to bet your bonus amount forty times over before you can withdraw it. For Free Spins: Free spins are not convertible to money, the multiplier will applies only to the winnings. And the cash that you can withdraw here is the price you will get from the free spins or an online casino free credit. For Free Bets: The different casino has different wagering requirements for free bets. There are times that you need to deposit a certain amount of money before you can collect the bonus. Or you may need to bet on sports with certain odds for you to withdraw the reward.

3. How to calculate the online casino wagering requirement bonus? Calculating the online casino wagering requirement might be a boring thing for you. But this will certainly help you with how to better pick casino bonuses that fit best for your bankroll. Here is a simple formula to calculate your wagering requirements: (Bonus Amount) X (Wagering Requirement) = Total Bet Let’s say that you will get a £50 casino bonus when you deposit £30 with 5x wagering requirements. £50 casino bonus X 5 wagering requirements = £250 And for you to make a cash withdrawal, you must wager a total of £250. In some cases, some casinos may require including the bonus money AND deposit money to meet the wagering requirement. To illustrate, here is a sample computation of this condition: £30 deposit money + £50 casino bonus X 5 wagering requirements = £400 And this online casino wagering requirement has a huge impact on you. As it doubles the amount that you need to bet on this case. That is why it is important to always check the terms and conditions of the wagering requirement. It is very vital to always check if you are required to wager the bonus only. As well as, you need to add the deposit money to the welcome bonus. However, there is some online casino that uses a different name for their wagering requirements. And a good example for this is are: – Play through Requirements – Rollover Requirements – Obligations Even so, no matter what types of terms the casino use. It all refers to the same online casino wagering meaning and is almost written in the same way as “x30”.