Strategies For Meeting Your Casino Bonus Wagering Requirements

Casino bonuses are an effective tool used by casinos to draw in new players and retain existing gamblers. They range from deposit match bonuses to free bets and, for players, they offer a chance to sample the casino software while enjoying the possibility of winning big. However, most bonuses come with wagering requirements that prevent the immediate withdrawal of the bonus and stipulate that players must wager a certain amount before they can withdraw winnings accrued using the bonus.

Online Casino Bonuses

There are thousands of online casinos for bettors to choose from, ranging from traditional casinos to modern Discord casino apps and crypto casinos. They offer a varied selection of games and enable players from around the world to enjoy those games. Modern Telegram and Discord casino sites even enable players to place wagers directly through the social messaging apps and still provide access to the same wide range of bonuses and offers making them convenient, too.

What Are Wagering Requirements?

All casino bonuses have terms and conditions to meet. First-deposit bonuses, for example, usually have a minimum and maximum deposit amount. Most bonuses, especially no-deposit bonuses, also have wagering requirements. These are the number of times the bonus must be wagered before a player can withdraw the money.

A $10 bonus with a 20 times wagering requirement means that the player must place wagers totaling $200 before they can withdraw winnings. While wagering requirements can seem restrictive, there are ways to work more efficiently through them.

Many people don’t understand wagering requirements, which results in them failing to meet them. One study found that 7 in 10 people could not calculate wagering requirements. 

How to reach wagering requirements 

Avoid Massive Bonuses

Generally speaking, the bigger the bonus, the more demanding the requirements. If you’re intentionally picking bonuses to cash out quickly, stick to those with the smaller bonuses. It’s a lot easier to wager 30 times $10 than it is to get through 20 times $100, especially considering most bonuses have time constraints which means you might only have a few weeks to place qualifying wagers.

Check The Time Requirements

Those time constraints can be demanding. Some bonuses might give you a month to place all the necessary bets. Others might only give you a week from the time the bonus is applied to your account. Make a note of the time limit and, if necessary, mark the time and date it expires on your calendar. It can be really frustrating to miss out by a day or fall one or two bets short.

Check Other Bonus Terms

Time isn’t the only restriction placed on most of these bonuses. Some wagering requirements stipulate the games you can play, and potentially even the size or type of wager you place. Check the terms and conditions thoroughly before you deposit or collect the bonus and consider whether it is achievable for you to meet those requirements.

Choose The Right Games

Online casinos offer the widest array of games. Some boast hundreds of different slots and offer access to games that are rarely seen in physical casinos like Pai Gow Poker. And then there are online casinos that offer additional betting opportunities like sports betting, bingo, keno, and even scratch cards. Choose games you know how to play and with bets you fully understand.

To gain access to your bonus winnings sooner, stick to the games with a higher chance of winning. These typically have lower jackpots, but they won’t diminish your prize pool as quickly. Bet on colors on roulette rather than single numbers. Play blackjack and stick to the basic blackjack strategy. The optimum blackjack strategy uses a threshold of 15. 

Set Betting Limits

You should practice good casino betting practice even when you’re wagering bonus money. Set daily and hourly limits, have a maximum stake for the games you play, and stick to these. You should be able to work out how many games you need to play each day to meet the wagering requirements so you can use this information to help.

Your limits need to be high enough that you can reach the wagering requirements in a reasonable time, but not so high that you’re risking everything on a single roulette spin.

Check Your Bonus Progress

Keep an accurate track of progress toward your wagering requirements. Some online casinos record your progress for you, giving you an update on how close you are to being able to withdraw any winnings.

Alternatively, you can use a spreadsheet, or a notepad, or check your betting history daily to see whether you are on track to meet the requirements. Those sites that do offer updates make the tracking process much easier, and they also enable you to check that you’re meeting the specific wagering requirements for the bonus.

Don’t Let It Take Over

Casino betting should be fun, especially when you’re playing with free bets that don’t negatively impact your bank balance. If you find that you’re playing too many games in a day, consider increasing your stake limit, if permitted. Alternatively, look for sites with lower wagering requirements or lower bonuses that are easier to hit.

It can be especially difficult to keep track if you’re trying to play through the wagering requirements of multiple sites so, at least initially, you can consider playing a single site at a time and only choosing another once you’ve finished your previous bonus.

If you’re using bonuses to find a site you’re happy with, it can be a good idea to keep notes of which sites you like and which you want to avoid.

By GamesAndCasino