This is a basic calculator that can help you determine how much you need to stake back in order to turn your bonus money or free spins winnings into real money you can withdraw.
Here’s what each area of the calculator is and what you need to enter in them:
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For instance say you won €£$100 using your free spins, but have a 35% wagering requirements before you can cash them out. You’d enter the following into the fields:
Press ‘Calculate Wagering’ and the ‘Amount you need to stake’ value is how much you’ll need to bet using your free spins winnings to then be able to cash out any winnings you have left.
We’ve got the answers to the most common questions new casino players ask when deciding to sign up to an online casino site, whether to take a bonus as well as finding out what a few common terms mean. Simple click on a question title to expand the answer.
First we need to know what casino wagering requirements are, and one explanation is:
Wagering requirements are the restrictions casinos put on their bonuses before your winnings are deemed real money or can be withdrawn from your account. They are often depicted as X amount times the deposit or deposit and bonus money received and depict the amount of wagers needed to cash out.
It’s not easy to beat the wagering demands that casinos put on their welcome bonuses and other reload bonus offers. However, there are a few ways in which you can at least give yourself the best chance of beating the odds and meeting the wagering requirements.
These include:
For instance, one way which might be worth a look is to use your bonus money to play on risky slots that offer big payouts. If you then manage to win big, use your winnings to clear the wagering playing on some safer less risky slot games. A controversial strategy that as it’s gambling doesn’t always payoff.
If you’re thinking of clearing the wagering on blackjack, roulette or video poker, just know that usually the game contributions are a lot less around 10% – 5% depending on the game.
Don’t forget to gamble responsibly and within your means at all times.
Casino bonuses work in slightly different ways depending on the type of bonus you get. Often if it’s a deposit bonus you’ll have to make a minimum deposit and you’ll then get a percentage of that deposit as extra bonus money. This lets you play with more money overall.
This then, much like our betting calculator suggests will 99% of the time come with the need to wager your winnings before you can withdraw your casino winnings.
If there are no wagering requirements against a bonus you won’t usually be able to withdraw the bonus money, but you will be able to withdraw any winnings you get from the bonuses like the free spins you get at Rizk and Guts casinos.
Each casino has it’s own stance on how big their wagering requirements are.
The better and more established casinos often have the lowest WR on their bonuses, where as smaller or newer casino sites have higher restrictions in order to not lose out too much from the bonuses they offer.
Casinos are there to make money after all and aren’t in the habit of giving away free money. That said some free spins bonuses like those found at Guts, BGO and Rizk casino come with no wagering meaning any winnings you get from playing your free spins can be withdrawn.
But these often require a first deposit bonus to be taken in order to receive them.
Some of the lowest wagering casinos for welcome bonuses are:
Be sure to check the terms and conditions of each bonus offer before you take on in order to avoid disappointment and to know exactly what you have to do.