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Online casino welcome offers — wagering requirements

Wagering requirements can be a frustrating part of claiming any type of online casino bonus. These requirements have been the subject of much controversy in recent years.

Operators have come under fire for the huge wagering requirements associated with their offers. Most online casinos have responded by lowering these requirements, but they still make up part of most welcome offers.

Let’s take a look at another example. You find an operator that offers bonus funds of £100 for new customers. The terms and conditions state that a 10x wagering requirement applies. What does this mean?

Essentially, you have to deposit and play through 10x your deposit amount before you can withdraw any funds. So, if you deposit £100, you need to deposit and play through £1,000 before you can withdraw any winnings that were earned from the bonus amount.

Sounds complicated, right? It also sounds like a pretty expensive way to claim a bonus. There are a variety of T&Cs that can make these requirements difficult to meet.

Many operators apply a Game Weightings rule. Playing certain games might not go towards meeting these requirements. For instance, for each £10 staked on blackjack could go towards your wagering requirements, but playing on poker might not.

There can also be time restrictions attached. Let’s say the terms and conditions state you need to meet the wagering requirements within seven days of opening your account. For the purposes of our example, this means you will need to stake and play through £1,000 within your first week as a member.

This, for most punters, is very challenging. An added problem is that any winnings you’ve made from your bonus funds will be void if you don’t meet the requirements. Generally, your bonus funds and associated winnings will be kept in a ‘bonus wallet’ until the requirements are met. So, what can you do?

Find an offer where the wagering requirements are easy to meet. While most online casinos in the UK attach wagering requirements to promotions, many now have reasonably lower requirements than they did previously.

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