Online Casino Bonuses Explained

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If you decide to claim a casino bonus, information about wagers you need to make will pop up. To know how to deal with them, here you have everything about online wagering requirements explained.

Bonus for Online Casino Bonus Explained existing players It’s very often casinos give away bonuses for Online Casino Bonus Explained existing players. This is often a reactivation bonus so if you have not been playing for a long time you might receive this as a good will to get you back. Free Play Bonuses. The next type of top online casino bonuses we would like to take into consideration is the so-called Free Play Bonus. Although there are some similarities between Free Play and Deposit Bonuses, we need to underline that in this case, you cannot withdraw any of the winnings.

Every gambler likes claiming online casino bonuses. There are many reasons why casinos give bonuses but in the end, they are useful both for casinos and players. However, there is one important thing players should pay attention to and that’s wagering requirements.

Wagering requirements are an inevitable part of casino bonuses. Therefore, it is useful for every gambler to know how these two things are connected. To learn why wagering requirements exist and how to fulfill them, read this article.

Wagering requirements explained: what is this?

As we have already mentioned, wagering requirements are connected with casino bonuses. A bonus may come in different forms including bonus money, free spins, extra rounds, etc. Regardless of the bonus type you claim, you need to meet wagering requirements to receive it. So, what is it?

A wagering requirement is a multiplier that indicates how many times you have to play though a bonus or how much money you have to wager before you can withdraw any winnings. Before you do it, your bonus money is stored in a separate wallet and can’t be withdrawn. As soon as you fulfill the requirements, a casino will convert the bonus money into real cash. By the way, here you can find the latest online casino bonuses.

Here is an example of a wagering requirement. Supposedly, you get a $20 online casino bonus that has a 10x wagering requirement. This means you need to spend $200 on selected games before you can withdraw any winnings you have received.

Reasons why casinos have wagering requirements

At a first glance, there is no need in having wagering requirements. They make gamblers’ life more difficult but it’s not the reason why these requirements exist. What is more, a greater income for online casinos is not the reason too. So, why do gambling sites have wagering requirements?

The main reason why requirements for wagers have to exist. Online casinos prevent money laundering practices by introducing such rules. Otherwise, criminals would have cleaned their illegal incomes using gambling sites as a platform.