What do turnover requirements mean in an online casino?
If you have been involved in the world of new online casinos for a while, you have probably heard of the so-called wagering requirements. However, many casino fans are not familiar with the exact meaning of the term, which is why we would like to delve into what wagering requirements actually are and what aspects casino players should definitely take into account in this article.
Why do wagering requirements exist in the first place?
The meaning of turnover conditions is already hidden in the term itself: it is about "turning over" amounts in an online casino and the conditions that apply to that. But what does that actually mean?
Sales conditions usually occur in the context of bonus promotions and special offers. This is because casino operators aim to ensure that they don't end up losing money through these bonuses.
It's understandable because if, for example, one could withdraw a cash bonus directly, an online casino would likely go bankrupt. This is because such a practice would lead to an excessive loss of funds for the casino. Therefore, online casinos implement certain terms and conditions that need to be met before any bonus can be withdrawn. These conditions may include wagering requirements, where players have to place a certain amount of bets before they can access their bonus winnings. By implementing these measures, online casinos can ensure their financial stability and continue to provide an enjoyable gaming experience for all players.
Casinos have an important task at hand to ensure that their bonuses are not exploited and remain in circulation for a sufficient duration. Ultimately, they are wagering on the fact that players who engage in longer gaming sessions are more likely to lose money rather than win at the online casino. Therefore, it is in the best interest of the casinos to retain their bonuses within their platform for as long as possible.
Sales conditions or bonus conditions?
Although sales and bonus conditions are often closely related, they are not the same thing. There is a wide variety of bonus conditions that are not directly related to sales conditions. Examples include:
- Minimum deposit amounts
- Required bonus codes
- Limitations on bonuses for specific games and so forth.
When it comes to wagering requirements, the focus is always on the fact that a bonus amount cannot be withdrawn directly, but must be "played through" multiple times. This requirement can vary from 30 times to as much as 70 times, with wagering conditions differing from one casino to another.
So, if you have to wager your bonus 30 times, it means that with a bonus amount of 20 euros, you would have to place bets totaling 600 euros when playing at an online casino.
What do the turnover conditions look like?
The following elements are usually included in the wagering requirements:
- The question is whether only the bonus amount or also the deposited amount (in the case of a deposit bonus) must be wagered.
- Most online casinos do not count all games equally towards the wagering requirements. While slots often count 100% (excluding progressive slots), other casino games like poker, baccarat, or blackjack are usually counted only 50% or even less.
- Once all turnover requirements have been met, the bonus amount is usually credited to the player's account. Real money Converted. This can then be used for further gaming or – finally – withdrawn to one's own account.
What happens if I don't meet the wagering requirements?
The implications are often evident: those who fail to adhere to the sales or bonus conditions will lose their bonus, whether it be a cash amount or free spins. Especially with high deposit bonuses exceeding 200%, this loss can be painful.
However, not much else happens beyond that - you may lose the bonus, but you can continue playing normally at the online casino.
What to consider when it comes to wagering requirements
When exploring a new online casino, it is crucial to always pay close attention to the wagering requirements associated with bonus offers. This is because these conditions can vary significantly between different casinos and sometimes lead to unfair terms. Therefore, it is essential to thoroughly review and understand the specific wagering requirements before accepting any bonuses. By doing so, players can ensure a fair and enjoyable gaming experience, free from any potential disappointments or frustrations.
For instance, one can come across a situation where a 200% deposit bonus of several hundred euros may turn out to be less valuable than a 50% bonus due to highly unfavorable wagering requirements.
Some online gambling platforms go to great lengths to make their wagering requirements so challenging that it becomes nearly impossible for players to cash out their bonuses in the end. For instance, certain online casinos may demand that you wager the bonus amount, along with your initial deposit, at least 75 times within a seven-day period. This poses a significant challenge even for the most dedicated casino enthusiasts who spend a lot of time gambling.
Conclusion: Only choose online casinos with fair wagering requirements.
At CashDropCasinos.com, we prioritize taking on the challenging task of recommending only reputable and tested online casinos to our readers. By perusing our casino review articles, you will gain access to all the vital information you need regarding casino bonuses and, most notably, wagering requirements. We aim to make your casino experience as seamless as possible by providing you with comprehensive insights that will help you navigate through the intricate world of online gambling.
Ultimately, your aim should be to only choose online casinos that have transparent and fair wagering requirements, which do not turn out to be a trap for new players. Therefore, it is crucial to meticulously compare the conditions from one casino to another, and we are here to assist you in doing just that.
