Online Casino Bonuses Wager

by whom BalticBet on March 13, 2020 With No comments

Wager at Online Casino

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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 a promotion, since they do not fully read its terms and conditions. In the rules for providing almost every bonus, there is such a concept as “wager».

What is a wager?

Wager represents a fixed amount of bets that are required to clear the bonus. Only after wagering the bonus, the donated money can be withdrawn from the virtual casino. For example, a player received a 100% bonus on his first deposit in the amount of $ 200. He has 200 additional dollars on the bonus balance, but the casino player cannot withdraw them immediately after receiving it.

The virtual casino obliges players to wager the bonus by setting for this wager. For example, in our case, common wager x50. It means that you need to play for donated 200 dollars at least 50 times. We multiply 200 by 50, we get 10 000 dollars bets.

There is usually a limitation on the bonus wagering period. Usually donated money must be wagered within 30 days after receiving the bonus. Sometimes casinos have more stringent wagering requirements for donated money. For example, within seven days after receiving them. There are also restrictions on the rate, for example - you cannot put more than $ 5 on one spin of the slot machine reels. It is usually not possible to wager a prize in all games. In roulette and poker, only 10-20% of the amount wagered can be counted towards wagering progress.

Is it profitable to receive bonuses with a wager?

New players do not always understand such a complex system of giving gifts, they begin to doubt its profitability. You need to understand 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 out immediately upon receipt. Therefore, it sets some restrictions on the game with a bonus, including wager.

The point of the bonus is to give the player a slight advantage, thereby increasing 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 wagered (laundered wager casino), you will also need to wager bonuses for any deposits, winnings from free spins without a deposit, donated money for a 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 behave fairly with players, offering them deliberately unfavorable conditions for providing a bonus. The disadvantages are not limited to a large wager. Let's 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

Most importantly, focus on wager. Most of all chances to play a bonus with a wager up to x30. There are two most common bonus wagering strategies:

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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