How to Calculate Wagering Requirements –
Top Casinos

How to Calculate Wagering Requirements –

Many online casinos reward new players who register and make a deposit with a bonus. This provides the user with additional cash to spend on slots and activities. However, practically all bonus funds are subject to wagering requirements.

Best Wagering Canadian Casinos

Players are unable to immediately remove these additional funds from their accounts as a result of this. Rather, the participant is compelled to wager the bonus money repeatedly. The player could only make a withdrawal once he or she has placed enough bets.

The number of times you must bet is determined by the wagering restrictions, as a result, it's critical to understand what they are.

What Is the Formula for Calculating Wagering Requirements?

Every casino must specify how many times an offer must be gambled. The casino, on the other hand, is unable to perform the calculations.

This is because the quantity of bonus money you receive is determined by the amount of cash you deposit. As a result, each player's experience is unique.

Calculate Using the Following Method

  • To find out how much you must wager, look at the terms and conditions. It'll usually be expressed as 30x, 40x, or something like that.
  • To calculate the wagering requirement, multiply the bonus funds by this figure.

So here are some samples of what you might see at an online casino.

What Does the 40x Wagering Requirement Mean?

This implies that before you can withdraw your bonus, you must wager it 40 times.

Consider the following scenario: You receive a $50 promotion.

Simply divide$50 by 40. This is the equivalent of $2,000. Before you may collect your bonus funds, you must wager that amount with it.

30x Wagering Requirement

This implies that before you can collect your bonus, you must wager it 30 times. Let's imagine you were given $25 as part of a promotion.

Multiply $25 by 30 once more to get $750. This is the maximum amount you can stake with your bonus.

20x Wagering Requirement

This implies that before you can collect your bonus, you must wager it 20 times.

For instance, suppose you receive $100 as part of a promotion. Use the same calculation to get wager requirements of $2,000 by multiplying $100 by 20. Before you could collect the bonus money, you'd have to wager a total of $2,000.

0x Wagering Requirement

The majority of players lose all of their bonuses before they reach the target. This is infuriating, and Canadian players frequently complain about it. As a result, some casinos have switched to 0x wagering. This implies you can cash out your winnings right away. There's no need to keep placing bets repetitively.

Of course, the so-called no bet casinos that just do this run a significantly higher risk. However, they are expecting that by offering this type of promotion, they would be capable of attracting more gamers to their website.

This seems to be a great thing as many players are looking for such wagering requirements. Therefore, for tending to the players there are a large number of no-wagering casinos in Canada.

Recognize the Terms and Rules

However, the majority of websites still require you to risk your bonuses. As a result, it's critical to grasp all of the regulations in addition to determining the objective.

For example, you may be limited to a maximum wager of $5 per spin or round. Many promos have an expiration date. Some sites are devious and require you to bet both the bonus and the amount paid.

This introduction to casino wagering requirements delves further into the most frequent laws and words you'll come across.

Confused? Make sure you reach out to the respective customer service department.

If you have any questions concerning a phrase, contact the casino's customer service department. The terms and restrictions of casinos are highly rigorous. If you violate these guidelines (even if it's unintentionally), your bonuses and prizes will be taken away.

Most websites provide a Live Chat feature that allows you to speak with an agent right away. They'll be able to fully explain everything to you. They can even calculate the wagering for you if you tell them how much money you wish to deposit.