Novice and experienced casino players alike are often on the hunt for the most valuable casino bonuses and promotions as they play. Whether seeking out a new online casino with a big welcome offer or looking for a gambling brand that can serve as the ideal long-term destination with regular bonuses and loyalty rewards, there are numerous offers out there that all seem to add to the appeal of the casino experience.
However, one element of online casino strategy that can always separate the novices from the experts is understanding the impact of wagering requirements on the level of appeal of any casino bonus. In the simplest of terms, the wagering requirements cover the number of times that any bonus funds must be played through prior to them being transferred from the player’s bonus account into their real money equivalent. At that point, the funds are no longer restricted to just being played, and can instead be withdrawn or transferred at the player’s leisure – and that is generally the end goal when taking on any online casino bonus.
Why Wagering Requirements Matter
Just because an advertised casino bonus appears to be bigger, that does not necessarily mean that it will also be better, especially when under the consideration of players that do not see a bonus balance as fun money. Every edge counts when tackling an online casino, and the opportunity to minimise risk and reap the rewards is one that should be in every serious player’s armoury.
The requirements are in place for obvious reasons – casinos are businesses like any other and while they certainly value the custom of any given player, they are unlikely to pay for the privilege. Any casino that matched a deposit at a rate of 100% and then immediately gave a player the option to withdraw the full amount would be unlikely to remain in business for very long! The wagering requirements represent a happy medium whereby players do indeed have a chance to turn the bonus into real money, while also giving the casino a degree of protection.
Nettikasinot lists the most recommended casino bonuses available at any given time but differs from alternative resources in that bonuses are featured and ranked not only on the size and match rate, but also the chances of a player being able to turn their bonus into real money. Several factors are considered, such as limits on bet sizes or wins using a bonus, but the overriding factor is the wagering requirement.
One casino bonus might be worth €500, matched at 100%, while another is worth €100, also matched at 100%. On the surface, one clearly looks superior to the other. However, the turnover requirements can play a part in the attractiveness of bonuses – if the former must be played through 100 times prior to withdrawal, while the later only needs to be played through 20 times, the circumstances change significantly. The aforementioned players that see any bonus as being a bit of fun will be happy enough with the first bonus. However, those that are looking to ultimately convert their bonus and make a withdrawal will likely be much more impressed by the second option.
Choosing the Right Bonus Using Wagering Requirements
Regulated casinos are required to publish their terms and conditions concerning wagering requirements alongside the bonuses themselves. While the specifics can vary wildly from brand to brand, judging a bonus will take a matter of minutes at most. Alternatively, rather than working through the different casino offers one by one, players can make use of a resource such as Nettikasinot and their bonus ranking algorithms to quickly and easily compare the best current offers side by side.
As a general rule, players should look out for wagering requirements where lower is simply better. Even if it means sacrificing some of a match rate or top bonus size, the chance to convert that bonus into cash is of paramount importance. There is no getting away from the fact that lower wagering requirements will take less time, while also enabling players to stay in the game long enough to take full advantage of the reduced risk. How the player proceeds to make the most of their bonus funds is entirely up to them – some will head right to the most volatile games to come out as far ahead as possible, while others will focus on a slow and steady strategy that ensures that they cross the finish line eventually. Either way, every edge counts – understanding and utilising differences in wagering can make all the difference to any kind of bonus hunt.