Casino bonuses are the biggest benefits of playing casinos online. Even when bonuses generally come with wagering requirements, there are still some causes to accept casino bonuses. So, if you are offered a liberal amount of free cash, you may have the question “what’s the catch?” The answer here is the wagering requirement. It implies that you have to play through the specific bonus amount a particular number of times before making the withdrawal of the winnings.
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Why Do Wagering Requirements Exist
Like other companies, the casinos also want to flourish from their businesses. So, giving out free cash to players is a vague idea as there would be no profit. This gave birth to the wagering requirements. Here the bonus rules are prepared to ensure not all the players convert the bonus amount into withdrawals. Some players can wager the bonus and then convert that bonus into real money. Once the real money is converted, they can withdraw it to their bank accounts.
How Do Wagering Requirements Work
Quite often it is seen that the players misunderstand the idea of the wagering requirement. The bonus terms never mean that the balance needs to reach a specific amount. The fact here is that the player can take out any amount if the wagering requirement meets. All it needs that the player has to play through or wager the bonus a specific amount of time.
For example, a person plays free spins and receives a bonus of $100 with the wagering requirement of 50X. This means that person has to wager the total of $5000 with the bonus funds. But how is it possible? All that the person has to do to wager a higher sum than the bonus amount received is to have some luck and constantly win while playing with the casino bonus.
Rules For Wagering A Casino Bonus
Apart from the wagering requirements, online casinos can have some other bonus terms that you need to know before playing. As the casino is offering a free bonus, there is always some rules and regulations available with the bonus. Some of these may include which game you are allowed to play, how much you are permissible to wager while playing with the bonus funds, and how much you can take out. If you don’t follow those terms, then you can lose the bonus along with the winnings.
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This is one of the highly popular bonus terms that every Indian casino should have. This means that the player has to wager the bonus within a particular period. This period can be anything between two to sixty days, beginning from that day of receiving a bonus. In case you fail to fulfill that wagering prerequisite within that time, then you will lose the bonus.
This rule includes the highest amount that a player can bet while playing with the bonus funds. As every game differently contributes to the wagering requirement, therefore, there is often a misconception that the players can bet as much as they like. But this is false. In most cases, the maximum allowed bet is $5 and in some cases, it is 10% of the whole balance.
Several casinos implement this rule of restricting the total amount that the players can withdraw in case of free spin winnings or while playing with bonuses. For example, if there is the highest winning at $500 for free spins. It means that the player won’t be able to take out a larger amount than $500. But in case the player doesn’t meet the wagering requirement, he/she can continue to play with the left over funds for fun. Therefore, it is important to follow the bonus terms of the casino before starting the free spins winnings or wagering the casino bonus.
The Best Strategy For Wagering Casino Bonuses
At India Top Casino, we never recommend using some strategies while changing the bonus money into real cash. As per the rules, the players are not permitted to do it. If a player is caught using these strategies, then there are chances that the total bonus balance would confiscate. So, it is important to find an online Indian casino with reasonable rules and a low wagering requirement.