Wagering Requirements
Virtually all of the bonuses offered require you to
wager your bonus and deposit a certain number of times before cashing any
winnings or bonus. This is known as the wagering requirements.
Here's a typical example taken from the bonus rules
from
Platinum Play Casino who offer this bonus: 200% match
bonus of up to $100 free on your first purchase of up to $50.
Unless specifically stated otherwise, all
purchases must be wagered at least once (1), before a promotional bonus
specifically related to that purchase gets credited. Unless specifically stated
otherwise, all purchase match bonuses must meet the following wagering
requirements before they may be cashed in: the purchase must be wagered at
least ten (10) times, and the bonus must be wagered at least ten (10) times.
the wagering requirement (for cash-in purposes) will start being counted from
the time the promotion bonus was added to the casino account.
So what does this actually mean? As an example let's
say you deposit $20, you will receive another $40 credited to your account. To
abide by the cash out requirements you need to wager a total of (20 + 40) times
10 = $600.
It's usually better to wager a bit more than the
minimum before cashing out to avoid being accussed of bonus abuse.
Excluded Games
It is very common for casinos to impose further rules
on cashing out their bonus by excluding play on certain games from counting
towards the wagering requirements.
Again an extract from the above
Platinum Play Casinorules:
Wagering on Roulette and Craps does not count in
respect of bonus wagering requirements.
This generally applies to games that can be played
with limited risk.
Cashable and sticky bonuses.
Some bonuses are fully cashable, some are not. If this
is important to you always check the bonus terms and conditions before you sign
up.
For instance with the 100% up to $350 slots bonus on
offer at
Club USA Casino, you can deposit $350 get $700 to play
with. This really increases the leverage on your cash.
Plus with this offer there are no wagering
requirements to be met!!
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