Ever spotted those tempting bonus offers at online casinos? They look great, promising extra funds to play with. But before you get too excited, there’s something important to understand: wagering requirements.
Sometimes called wagering turnover, these rules are attached to most online casino Philippines bonuses and affect when you can actually withdraw any winnings you make with that bonus money.
So, what exactly are these requirements all about? Let’s break it down in simple terms.
What are Wagering Requirements?
Wagering requirements are the amount of money you need to bet before you can withdraw any winnings earned from a bonus. It’s usually expressed as a multiple of the bonus amount, or sometimes the bonus plus your deposit.
For example, if you receive a bonus of ₱20 and it has a 15x wagering requirement, you would need to bet a total of ₱300 (₱20 x 15). On the other hand, a larger bonus of ₱100 with a 20x requirement would mean needing to wager ₱2000 before withdrawal.
Why Do Casinos Have These Rules?
Casinos put these requirements in place for a few reasons:
- To prevent bonus abuse: Without these rules, people could simply claim a bonus and immediately withdraw it without playing.
- To encourage gameplay: Wagering requirements mean you need to play through the bonus amount, giving you a chance to enjoy the games.
- To maintain fairness: It helps create a level playing field for both the players and the casino.
How to Calculate Wagering Requirements
The calculation is usually straightforward. It depends on whether the requirement applies only to the bonus amount or to the bonus plus your deposit.
- Bonus Only: Bonus Amount x Wagering Requirement = Total Wagering Amount.
- Deposit + Bonus: (Deposit Amount + Bonus Amount) x Wagering Requirement = Total Wagering Amount.
Let’s see a couple of examples:
Example 1: Bonus Only
Imagine you receive a bonus of ₱100 with a 30x wagering requirement.
Total Wagering Amount = ₱100 x 30 = ₱3000
You would need to bet a total of ₱3000 before you can withdraw any winnings earned from that ₱100 bonus.
Example 2: Deposit + Bonus
Let’s say you deposit ₱250 and receive a ₱250 bonus (100% match) with a 25x wagering requirement.
Total Wagering Amount = (₱250 + ₱250) x 25 = ₱500 x 25 = ₱12500
In this case, you would need to bet a total of ₱12500 before you can withdraw any winnings.
Factors Affecting Wagering Turnover
Several things can influence the wagering turnover you need to complete:
- Bonus Size: Generally, a larger bonus might come with higher wagering requirements.
- Casino Rules: Different online casinos have their own standard wagering terms.
- Specific Promotions: Each bonus offer might have its own unique set of rules.
- Game Contribution: Not all games contribute equally towards meeting the wagering requirements. For example:
|
Game Type |
Contribution |
|
Slot |
100% |
|
Roulette |
10 – 20% |
|
Blackjack |
5 – 10% |
|
Live Casino Games |
0 – 10% |
This means that if you bet ₱100 on online slots, ₱100 will be deducted from your total wagering requirement. However, a ₱100 bet on roulette might only deduct ₱10 or ₱20.
Understanding these rules can help you make smarter choices when claiming bonuses. Here are a few pointers:
- Read the Terms and Conditions: This is the most important step. Always check the specific rules attached to any bonus you’re considering. Look for the wagering requirement, game contributions, and any time limits.
- Consider the Game Contribution: If you prefer table games, be aware that they might contribute less to the wagering requirements, meaning it will take longer to meet them. Slots are often the quickest way to clear a bonus.
- Look at the Bonus Size and Requirement: Sometimes, a smaller bonus with a lower wagering requirement might be more achievable than a large bonus with a very high one.
- Be Aware of Time Limits: Many bonuses have a deadline within which you must complete the wagering turnover. If you don’t meet it in time, you might lose the bonus and any winnings.
- Manage Your Bets: Think about your betting strategy in relation to the wagering requirement. Smaller, consistent bets might help you play for longer and increase your chances of meeting the turnover.
Conclusion For Wagering Requirements
Wagering requirements are a standard part of online casino bonuses. While they might seem a bit complicated at first, understanding how they work is crucial for a positive gaming experience.
At Fachai, we offer a variety of bonuses to enhance your playing time, and like most online casinos, these come with wagering requirements.
When you see a bonus advertised on Fachai, the specific wagering requirement will always be clearly stated in the online casino terms and conditions associated with that offer. We believe in transparency, so we make this information readily available.
Taking a moment to read these terms will give you a complete picture of what’s involved, but importantly go have fun!
Frequently Asked Questions About Wagering Requirements
Typically, no. As seen with slots often at 100% contribution while table games like roulette and blackjack contribute a smaller percentage, or even nothing.
Generally. If you initiate a withdrawal before fulfilling the wagering requirements, the bonus funds and any winnings derived from them will be forfeited.
No. Wagering requirements typically only apply to bonus funds received from the casino and the winnings generated from those bonus funds.
Most reputable online casinos, like Fachai, provide a way for players to track their bonus progress and see how much wagering is still needed.
Yes. The wagering requirements can vary significantly depending on the specific type of bonus being offered by the online casino.
Yes. No-deposit bonuses often come with wagering requirements, and sometimes these requirements can be higher than those attached to deposit bonuses.