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WHAT ARE THE WAGERING REQUIREMENTS?
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Wagering is the process by which players place bets on games of chance. This process specifically applies to bonuses and promotions. When bonus funds are awarded to new players, the standard procedure for gambling sites is to impose a wagering requirement. This means the player must spend those bonus funds a certain number of times before they can withdraw any winnings.
For example, if the wager amount was 20x, the player would have to spend their bonus funds 20x over before claiming winnings. Obviously, this limits the usefulness of bonus funds and what you can do with them.
NO WAGERING CASINO UK, WHAT IS IT?
Some platforms go against the grain and do not impose with wagering requirements on promotional funds and free spins – this is what a no wagering casino UK is. You can claim bonus funds, spend them, and claim any winnings instantly. Obviously, this is preferable to playthrough requirements – you don’t have to bet your winnings and potentially lose everything.
THINGS YOU NEED TO KNOW ABOUT THE WAGERING REQUIREMENTS?
The requirements work in that you’d have to play through your bonus total a specific number of times before you can withdraw your winnings. Sometimes the requirements might include the initial deposit.
For instance, you might deposit $100 and get a 100% match bonus, thus giving you $200 for play. But you might see a 35x wagering requirement for the reward and deposit. The total means that you’d have to play through the $200 thirty-five times before withdrawing anything. You will have to wager $7,000 before withdrawing your funds.
The requirements may also require you to play specific games to collect your funds. Some sites may require you to play slots, for instance.
WAGERING RULES – KEY NOTES
You can review the bonus terms on a gambling website to see what the requirements are. Take note of these points:
- How many times you must play through your bonus,
- Whether the playthrough rule also includes the deposit,
- What games and activities qualify for the bonus,
- Whether there are limits on how much you can win off of your bonus funds.
IS THERE A WAY TO AVOID THESE WAGERING RULES?
You can keep from bearing with these rules by playing at a no wagering gaming site. No wagering casinos are places that let you place a deposit and then collect a bonus with no wagering rules. You’ll earn this reward if you meet the proper deposit rules for the offer.
Most of these bonuses are free spins that you can use on specific slots. You’ll collect the funds from whatever you win and get to use them alongside your original deposit. You could withdraw those funds at any time without having to play through them many times over.
WITHDRAWING YOUR WINNINGS AT NO WAGER CASINO?
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It is possible to withdraw your winnings after you meet the rules for collecting the bonus. No wagering casinos will often give you free spins on a slot of the site’s choice. You would complete those spins and then collect whatever you win. You may have limits as to how much you could win.
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You can withdraw those winnings after you finish using the free spins. The site lets you collect the bonus money, but you could also use the money to play other games on the gaming hall site. You can check the rules for how a bonus works on your website of interest.