Virtual casinos often use various promotions to attract new players. As part of these promotions, players are given a no deposit bonus, a gift for the first and several subsequent deposits, free spins drums. Very often, players do not fully understand the meaning of the promotion, as they do not read its terms to the end. The rules for providing almost every bonus say about the wager.
What is a wager?
Wager represents a fixed amount of bets, which is necessary to clear the bonus. Only after wagering the bonus, the donated money can be withdrawn from the virtual casino. For example, a gambler received a 100% first deposit bonus of $ 200. On the bonus balance, he had 200 extra dollars, but he can’t withdraw them immediately after receiving the gambler.
There is usually a restriction on the duration of the bonus wagering. Usually donated money must be wagered within 30 days after receiving the gift. Sometimes in the casino there are more stringent conditions for wagering the donated money. For example, within seven days after receiving them. There are also restrictions on the rate, for example - you cannot bet more than $ 5 per one spin of the reels of a gaming machine. Winning a prize is usually not possible in all games. In roulette and poker, wagering progress can be counted only in the amount of 10-20% of the amount at stake.
Is it profitable to receive bonuses with a wager?
New players do not always understand such a complex system of giving gifts, begin to doubt its profitability. You need to be aware of the meaning of the promotion and the provision of bonuses. Virtual casinos are interested in providing bonuses to attract new players. But the casino administration does not want the gift to be cashed immediately after receipt.
The meaning of the bonus is to give the player a small advantage, increase the chances of gain. This is especially important for beginners who have not yet fully understood the rules of the game. Therefore, really evaluate your chances of winning back the bonus. Experienced players claim that it is very difficult to clear a bonus with a wager over x50. Most likely, the donated money will remain with the virtual gambling establishment.
What bonuses include wagering conditions?
A no-deposit bonus almost always needs to be won back, you will also need to win back bonuses on any deposits, winnings from free spins without a deposit, donated money for your birthday. Concerning cashback, then you do not always need to win it back. Generous gambling establishments with a developed loyalty program immediately transfer the percentage of money lost to the main balance.
Winnings in tournaments and lotteries are almost never necessary to win back, usually they are immediately transferred to the player’s main account.
Hidden disadvantages of the wager bonus program
Very often casinos do not act very honestly with players, offering them obviously unfavorable conditions for providing a bonus. Large wager disadvantages are not limited. Consider the most common disadvantageous conditions:
- The amount for wagering includes not only the bonus, but also the entire deposit made. To fulfill such conditions is almost impossible.
- The player can not choose from which account he makes bets. By default, money from the bonus account is used first. If a large amount of winnings falls out, then it will simply go into the offset of wagering. Withdraw it from the casino will not work.
- No funds can be withdrawn from the casino until the bonus is won.
- It is impossible to refuse the bonus, the player is imposed upon registration or topping up the account.
- The list of games in which you can wager the bonus is strictly limited. Sometimes gamblers are forced to play in unpopular gaming slots with a small return coefficient.
Strategies for wagering bonuses
- The entire bonus amount is divided into the optimal bet amount. It is desirable that the rates were at least two hundred. So you will enjoy the game, and also minimize the loss of the entire bonus for several large bets.
- Progressive betting system - each player’s bet should be twice as large as the previous one. The game starts with a minimum bet. The strategy is suitable for virtual casinos with a high limit on the size of wagering bets. With a progressive bidding system wager recoup very quickly, but the risk of losing the entire amount is very large. But one successful combination will help you play almost the entire bonus at once.
Be sure to study the conditions for wagering the bonus before registering at the casino. If wager more than x50, you can’t refuse a bonus, and you can redeem it only on a few slots - such a bonus system is not profitable.
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