If I were to ask you whether you make a practice of taking advantage of the many bonuses your favorite online gaming destination offers, it’s very likely that you would get a little hot under the collar. After all, to direct such a glaringly obvious question to you would be to suggest that you’re a less than savvy online casino gambler. Clearly, that is not the case, or you would not be reading this article in the first place. Anyone who makes a number of wagers at any online casino and does not reap the value on the sign-up or loyalty bonus opportunities offered therein is clearly a gambler who doesn’t have a clue.
However, it must also be stated that a certain percentage of online gamblers are too quick to sign-up for various bonus opportunities without taking a close look at what wagering requirements may apply. Frankly, these folks are not much better off than the folks who don’t bother with bonus opportunities to begin with. So in order to allow you to make educated decisions when it comes to casino bonuses, let’s take a close look at what wagering requirements truly mean.
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A Common Mistake
A common misapprehension in the minds of many people is that a wagering requirement is the same thing as a betting limit. Let’s clear this up right now, once and for all. A betting limit can be defined as the minimum and maximum stake quantities at your disposal. While this is closely related to a wagering requirement, it is not the same thing. The size of each wager requirement imposed on free cash bonuses will always be determined by the betting limit of the casino game in question. When choosing which game you want to play (and which bonus you want to take advantage of), you must look carefully for the fine print that will lay out all related conditions.
X Marks The Spot
A typical wager requirement might come with the following provisions, “In the interest of fair gaming, in order to withdraw any sum, the player is required to wager at least ten times (10x) the bonus in addition to the standard deposit.” An X will almost always follow the wager requirement (which can range from as low as eight all the way up to 40). These values vary widely, so shop around until finding one that seems fair and meets your gambling needs.
Know Your Limitations
One very essential thing to understand about wagering requirements is that many casinos will limit the games to which they apply. In particular, strategy games are quite often excluded from wagering requirements. There games call for a fairly elevated level of skill in order to be successful over the long run, such as craps, roulette, blackjack and baccarat. They’re usually off-limits. So, before getting all excited about a particularly generous wagering requirement you may happen to come across, be sure to see precisely which games are thus included. It is much more preferable for a casino to offer wagering requirements for games that depend on a much higher degree of luck, such as online slots, roulette and even Keno.
All in all, the value of understanding wagering requirement will not only manifest itself in your total winnings, but in focusing your game play on the most optimal casino variants.
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