When there is a wagering requirement associated with a bonus, it means that if you meet the conditions for receiving that bonus, you must then wager the funds you have earned under that bonus. The conditions also specify the number of times the bonus must be paused. So, for example, you get a bonus worth 100 euros. Wagering requirements dictate that the bonus must be wagered 5x. Thus, it is necessary to take breaks up to 500 euro.
The requirements for pauses also indicate in what period of time they need to be met. Usually, it is a relatively short period of time and the player must be very active in order to meet these conditions.
In addition, most of the time we may also encounter a restriction on the type of bets or slots that are subject to these requirements. This means that the player must wager his bonus, for example, only on live bets, and wager funds from other types of bets will not be counted until these conditions are met. After you manage to fulfill all the requirements for the break, the bonus funds will be available to you in the form of standard funds, which you can subsequently dispose of according to yourself.
Why do casinos usually use wagering requirements for their bonuses?
The answer to this question is quite simple. The reason why online casinos and bookmakers apply wagering requirements to their bonuses is because they want to prevent abuse of their bonuses. Imagine that you would not have to meet the requirements for a break. You could thus use the bonuses to a much greater extent and with much less involvement of your own resources. And here we come to the second reason why the wagering requirements are part of the abundance of bonuses.
Thanks to the fact that an best online casino Canada or sportsbook will give you such requirements, they support you in being active on their site. Indeed, to fulfill all these conditions, you need to “turn” a certain amount of money. Thanks to this, you play more and use the services of the online operator to a greater extent. Whether you win or lose is another question. However, the operator with such a bonus wins your attention and desire to play as much as possible to be able to fulfill all the conditions and get real money from the bonus. Once you have a bonus, you want to convert the bonus funds into real money. With those you can later dispose of to your liking.
What are the real chances that you will be able to turn the bonus received with wagering requirements into real money, depends on several factors. As we mentioned earlier in the article, the requirements for pausing relate to several things. The first is how many times you must wager the bonus value. It goes without saying that the lower the number, the higher the probability that you will manage to turn the bonus into real money. Another factor that affects this is the time that the operator will give you to fulfill these requirements. The more time you have, the more likely it is, of course, that you will be able to fulfill the conditions. The chances that you will manage to turn the bonus into real money are also affected by another factor. Specifically, what types of bets or games count towards the wagering requirements. If the operator gives you the opportunity to use all types of games or bets, you will be much more likely to be able to meet the wagering requirements within a given time.