Bonus Cash Out
Online casinos provide their customers with cartloads of stunning bonuses, which is one of many reasons why an increasing number of gamblers prefer to play online. However, the use of online casino bonuses is subject to multiple terms and conditions, including wagering requirements. The latter ones are also known as ‘play-through requirements’, which certainly need clarifying as they can lead to both misunderstandings and disappointments.
Let’s say an online casino offers newcomers a 100% welcome bonus up to 7,500 rupees, for example Royal Panda. The wagering requirement of this generous reward is 35x, which means you need to bet the initial bonus amount 35 times in order to withdraw any cash. This is how it works if you deposit 2,000 rupees:
• The casino will hand out a 100% bonus worth 2,000 rupees
• That means you will have 4,000 rupees to play with
• In order to withdraw any money, you need to wager the bonus received (2,000 rupees) 35 times
• That means: 35 x 2,000 = 70,000 rupees
Please keep in mind that some online casino bonuses carry more severe restrictions, including the requirement to wager the entire amount. If we take the above example, you would have to bet both the bonus money (2,000 rupees) and your deposit (2,000 rupees) before you can cash out. Needless to say that the requirement to play only the bonus through a certain number of times is way more interesting than the obligation to bet both the bonus and your deposit.
Another aspect to bear in mind, is that not every online casino game can be used to meet the wagering requirements. Therefore, you have to read the terms and conditions of the particular reward carefully. Nearly every gaming site excludes certain games from the betting requirements. Blackjack typically is one of those games that online casinos tend to exclude. For example: If you have wagered 100,000 rupees on blackjack, you still need to make real-money bets on games that contribute towards the wagering target.
Different contribution per game category
Please note the different percentages of wagers’ contribution towards the wagering requirement. In other words: Some games contribute more to the play-through target than other games. Internet casinos therefore, outline the different game categories and their contribution percentages on their website. These are the assigned percentages at Royal Panda’s online casino:
• Classic slots 100%
• Video slots 100%
• Table games 10%
• Video poker 10%
• Live games 10%
• Scratch cards 100%
• Soft games 100%
Therefore it’s important for online gamblers to check the wagering requirements before creating an account at a virtual casino. Obviously, lower requirements are more favorable, while there are also reports of less trustworthy parties that offer bonuses that carry play-through targets of up to 50 times.