What are wagering requirements for casino bonuses online? Just like it is essential to gather info on different bonuses and online casino deals, it is equally important for all gamblers to know in depth about wagering requirements for online casino bonuses. The generous offers of free money by casinos, for encouraging players to sign up and patronize an online casino, makes it necessary for these casinos to apply casino bonuses wagering requirements. The purpose behind these wagering requirements is to offset the risk that a casino takes in offering free bonuses and online casino deals to its players.
Wagering or Playthough requirements for casino bonuses are not made obvious by casinos as it is not an attractive part of the bonus offers. But nevertheless, the wagering requirements for casino bonuses online are required and necessary. When evaluating a bonus at a casino, it is very essential to read carefully all the terms and conditions involved which will include details on the casino bonuses wagering requirements for that particular bonus.
So what exactly are wagering requirements for casino bonuses online? Typically, a wagering requirement represents the number of times one has to playthough the bonus or the bonus + the deposit at an online casino before you can actually cash it out. This number, representing the amount of playthough required for a bonus is usually assigned by the risk management team with the casino. Typically the more generous the bonuses, larger are the wagering requirements for online casino bonuses.
Now you may ask if there are different casino bonuses wagering requirements for different games? Well, this can be a complicated question. Many times, you will come across casinos placing different percentages on certain games that account for the contribution to meet the wagering requirements for online casino bonuses. These percentages can vary and are not overly consistent in the industry. Some casinos powered by Microgaming software employ the "Clear Play Bonus System" which has standards that are consistent in wagering requirements for casino bonuses online.