The world of bonuses is littered with heavy wagering requirements that make the whole affair seem futile at best. But in as much as we all hate wagering requirements, we have all come to understand them as a necessary evil. But, some casinos have heard their players’ wishes and have opted to offer free spins and even money without the play through requirement and though they are few and far between, shopping for these casinos is a worthy course for every gambler worth his sort.
How bonuses work
On the land, casinos have been known to hang on to every casino chip and in the event that a dealer handles you an extra chip, security will be hovering over your head within minutes. In contrast, online casinos are competing for your business and offering free money at every turn. This free money comes in form of a bonus, but you will have to do a bit of work to earn it. Therefore, to unlock your bonus you will need to wager real money in the form a deposit. Once you have made a deposit the casino matches your deposit by a certain percentage. Sometimes the casino will offer to match your deposit at 100% up to £500. That means if you make a £200 deposit you will get up to £200; on the other hand, if you make £800 deposit you can only get up to £500 since the limit is £500
The wagering requirement
While you may have earned your bonus, it remains locked in a pending account until you meet the play through requirements before making a withdrawal. That means that if your preferred casino site has set 20 times wagering requirement, and you have already made a £200 deposit, the casino will give you an another £200 but in total, you will have to wage £8,000 in total to actually get that extra £200. However, at times the casino will choose to release the bonus installments of say £5. Moreover, the play through does not have to be a single event but rather a daily activity spread over several days. However, the bonuses may have expiry duration. Such that, if you fail to meet the wagering requirement before a specific duration, the bonus expires together with any accrued winnings. Additionally, online casinos may only allow you to wager the bonus after you deplete your deposit.
On the other hand, there are few casinos with reasonable wagering requirements; anything below 25 times in my estimation is pretty decent. Moreover, this will give you a decent chance to walk away with winnings, as compared to losing it all in an endless game of play through requirements.
In conclusion, the only chance you have at beating the wagering requirements is if you are on a winning streak or if you spend a little bit more time shopping for a casino with fairer wagering requirements after all your reason for playing in the first place is to make real money.
Read more about: Common questions about Free Spins
Take a look at: New Slots with Free Spins