Also known as a play through on some sites, a wager is described as what a player must bet before they can cash out. The specific wager will vary depending on the casino as well as what game you are playing, but it will be outlined in the details of the casino bonus. In most cases, you will end up wagering about twenty or thirty times the amount before you are able to take your winnings with you. This can make things very complicated for those who do not want to play these games for an extended period of time.
Causes of Confusion
Basically, the confusion from the wagering stems from the fact that each casino and game has their own wagering requirements. For example, if a game is relatively easy to win, you may discover that there is a higher wagering requirement because of the fact that you will win often. On the other hand, games that are harder to win at may have a lower requirement so that the player does not lose as much money when they gamble. There are also other games, such as Roulette and Blackjack, that don't have any wagering requirements. This is due to the fact that neither of these games uses bonuses when they are played.
If a player is unable to find out what the requirement is, they may end up playing for a much longer period of time than they had initially planned. It is also important to note that how the amount of your winnings that is transferred to your wagering requirement is also controlled. Most casinos will let you know how much will be transferred in a percentage form. While there are several casinos that will transfer 100% of it to your wager, some places may only transfer 50% of what you win.
Why They Exist
After reading about wagering requirements, you may wonder why these are even implemented in the first place. Wagering requirements are there so that the casino knows that people are playing their games. It does not benefit the casino in any way if a person simply plays a few games and then leaves when they win. By implementing a wagering requirement, the casino can rest assured that the player will continue to play for a set amount.
Since online sites offer several bonuses to bring in new players, wagering requirements make sure that the new players will not simply leave after their bonus is used up. In the end, it is important to be aware of what the wagering requirement is for the site you are about to visit so that you are able to get the most out of your visit.