The All-Important Deposit Bonus Wagering Requirements♟️
Unless a casino offer is completely wager-free, a deposit bonus will come with a minimum wagering requirement. It’s sort of the casino’s way of making sure the bonuses end up back at them. In other words, a wagering requirement is the bare minimum number of times your bonus funds must be used in the online casino before a withdrawal can be made.
Let’s use the example of a 100% match deposit bonus up to INR 160,000 with a 70x wagering requirement. Now, imagine you receive INR 5,000 from this offer. You’d need to wager it at least 70 times before you can withdraw your bonus funds.
Welcome bonuses and other online casino deposit bonus promotions frequently feature free spins, too, that are also subject to wagering requirements. In this case, you need to spin the reels a specified number of times per free spin before withdrawing any rewards.
The Best Way To Wager Your Deposit Bonus 💰
As you can see, it can be tricky trying to turn bonus funds into real cash because of those terms, conditions and wagering requirements. But there are a few ways you can give yourself the best possible chance of doing so.
One way is to carefully pick the games you play. Of course, you’ll want to stick with games that offer a 100% contribution to a deposit bonus’s wagering requirements, and at most casinos, this can be achieved playing slots.
You’ll need to pick the right slot to make a difference, though. Slots have a Return to Play percentage (RTP) that shows the value offered by a game. For instance, a game with a 97% RTP is typically considered a good value game. On the other hand, a slot with a 95% RTP or less is considered a poor value.
This probably sounds like a large gap, but if you have a decent amount of deposit bonus funds, and you want to turn it into real cash, it can make a big difference. What’s more, some slots pay out more than others, and this is called volatility or variance. High variance titles pay out less often but give you a better chance of a big win when you spin the reels.
When it comes to meeting a bonus’s wagering requirements, slots offer a combination of high RTP and low variance, which is one of the best ways to make a profit from your deposit bonus.
