What is Wagering?
You will find a lot of different online casinos when you start surfing the internet. Most of these casinos offer you bonuses to attract you to sign up with their casino. The most common bonuses for new players are: Welcome bonus, No Deposit Bonus, Free Spins Bonus, High Roller Bonus. Most of these bonuses appear to be very generous. Most of these bonuses are matching bonuses for the first deposits or for a free sign up. In 99% of the bonus case there is a wagering needed to redeem winnings on your bonus money.
What is wagering?
On almost all available online casino bonuses have to be wagered before you can redeem winnings. what is wagering? And how can I get the most out of my bonuses? These are real common questions from online casino players. Every casino has other wagering requirements for their players. They vary from 5x up to 50x the bonus money. Wagering means you have to play your bonus money a certain times before you can redeem any winnings from the money.
Casino A offers you a 100% welcome bonus on your first deposit. This casino has 20 times wagering in the T&C. When you deposit € 100 you will receive € 100 extra bonus money. The bonus money has to be wagered 20 times before you can withdraw any of this money or the winnings. In this case you have to play/ bet/ spin 20x € 100 = € 2.000 before your money is free to be withdrawn.
Every spin or bet you make at the casino will be added to the wagered amount. So when you make 10 spins of € 1 each you have wagered € 10 of the total € 2.000 needed.
No Deposit Bonus
A number of online casinos offer you a no deposit bonus. This means you will receive free cash once you have signed up for a free account. The offer of the casino in most cases is “€ 10 free cash, no deposit needed”. And yes, when you sign up at this casino you will see € 10 in your casino account. But this bonus in most cases has a high wagering requirement. So you have to place a number of bets before you can redeem any winnings on this bonus offered. The good thing of free cash is you can have a look at the casino, play some games and see if you like the casino. Click here for an overview of casinos with a no deposit bonus.
Casino B offers you € 10 no deposit bonus with 30x wagering required. So once you have signed up for a free account you can start playing with your € 10 free. To redeem any winnings or the bonus money you have to bet or spin 30 x € 10 = € 300. Once you have reached this amount your winnings are ready to be withdrawn to your bank account or credit card. Check out all casino payment and withdraw options.
Welcome and High Roller bonus
Every online casino offers you a kind of welcome bonus. And for players that want to play with higher stakes there is the High roller bonus. 99% of these bonuses have wagering requirements active. Wagering varies from 5 till 50 times the bonus amount. And even at some casinos your cash money have to be wagered. I always recommend you to read the Terms & Conditions of the offered bonus before you start making deposits.
To explain the common situations I have made some easy examples for the most offered welcome and high roller bonuses
Casino C offers you a 200% welcome bonus on your first deposit up to € 200 with 20x wagering on Deposit and Bonus. In this case you can get up to € 200 bonus on your first deposit. To get the maximum out of it you have to deposit € 100 and you will receive € 300 to play with. Your cash money in this case is € 100 and your bonus money is € 200. On both amounts there is a 20 times wagered required. So before you can redeem or withdraw any winnings you have to play 300 x 20 = € 6.000. (20 x € 100 + 20 x € 200).
Casino D offers you a 100% welcome bonus up to € 1000 and wagering is 10x deposit and 20x bonus money. When you decide to deposit € 500 at Casino C you will receive € 1000 to play with. (€ 500 cash and € 500 bonus). Before you can make any withdrawals you have to wager the following amounts € 500 x 10 = € 5.000 plus € 500 x 20 = € 10.000 so a total of € 15.000 has to be wagered before you can redeem any winnings on these bonuses or deposited money.
All above examples demonstrate how important it is to read the terms & conditions before you accept free offers. I always advise players who are used to play at online casinos not to use any bonuses. Just play with your own money. So when you get lucky in the beginning you can redeem or withdraw your winnings directly. And you do not have to wait or play till you reach the wagering requirements.
Online casinos with the lowest wagering requirement
When you enjoy to play casino games with bonusses then it is important to have a look at the wagering requirement. The lower the wagering requirement is, the quicker you can cash out the balance. The differences between the rollover requirement can be really big at online casinos. Some for example only ask a 35 times wagering requirement on the bonus, while other may ask for a 50 times requirement for the deposit and bonus. When you for example deposit €50,- with a 200% bonus this can make a big difference;
- At the first casino this will mean you need to wager 50 x 200% x 35 = €3500,-
- At the second casino this means you will need to rollover 50 + 100 x 50 = €7500,-
Now you can see how big the difference can be. At the second casino you will need to wager more than twice the amount which you will need to rollover at the first casino. In the table below you will find a selection of reliable German online casinos which offer fair wagering requirements.
|€10 Free + 11 Spins|
|PlayGrand||50 Free Spins|
300 Free Spins
|21Casino||50 Free Spins|
121% Bonus (€300,-)
|Casilando||10 Free Spins|
€300,- + 90 Spins
|N1 Casino||50 Free Spins|
|Trada Casino||50 Free Spins |
|x25 (Bonus + Deposit)|
|Dunder||20 Free Spins|
100% Bonus + 100 Spins
|Casumo||200 Free Spins|
|x30 (Bonus + Deposit)|
|Jonny Jackpot||50 Free Spins|
100% Bonus + 100 Spins
|x35 (Bonus + Deposit)|
Important difference; Wagering on bonus or wagering on bonus and deposit
To keep thing interesting many online casinos use different ways to determine the total wagering amount. One of the most important thing to have a look at is whether you only need to wager the bonus, or the deposit and bonus. This small difference can have a huge impact on the total amount of money you will need to wager. When you for example claim a 50% bonus during while reloading your account the following will happen when you deposit €200,-;
- You will get a €100,- bonus but you will also need to wager your deposit. In this case you will need to deposit for example €100,- + €200,- = €300,- x 35 = €10.500,-.
- If you only need to wager you bonus for example 45 times then this amount will be way lower. Now you will need to wager only €100,- x 45 = €4.500,-.
As you can see the impact of wagering only your bonus or your bonus and deposit is huge. Because of this it is better in most cases to take a bonus which only required you to wager the amount of bonus funds you receive. After getting this type of bonus it is way easier to reach the rollover amount. This means you will have a better shot at cashing out an nice amount of money.
Keep in mind all bonus terms and conditions
One tip I want to give you is to mind all bonus terms and conditions while wagering your bonus funds. This is important since breaking any of the rules can result in getting your balance voided. One of the most important rules to know about is the maximum bet rule. Many online casinos limit the maximum bet while playing with a bonus. This protects the casino from player who claim a bonus and do only a couple of spins on really high stakes. This can result in a big win which drains the financials of the casino. If you bet more than the maximum allowed bet you will not be able to cash out. So you will lose all your funds. At most online casinos the maximum bet while wagering is €5,- or 10% of your received bonus.
A thing I think you should also know about while wagering a bonus is a games rollover contribution. Not all casino games will contribute at the same rate towards your wagering requirement. At most casinos games with a high return to player rate (RTP) while contribute less than games with a lower RTP. This prevents that players only play low risk bets on games just to wager their bonus. In the bonus terms or promotional terms of most casinos you will be able to find which games contribute for what percentage. In most cases it will be around these numbers;
- Slots contribute for 100% of your bet except a limited amount of games which offer a real high RTP;
- Scratch card games and keno contribute for 100%;
- Table games contribute for around 10%;
- Video poker games don’t contribute or only for around 5%;
- Jackpot games don’t contribute at all;
If you like to wager your bonus quickly, play slots that contribute for 100%. If you like to play other types of games it is no problem but please keep it mind it will take a really long to reach the rollover amount in this case.
Make sure your wager your bonus on time!
One last tip I want to provide you with is to wager your bonus in time. At most online casinos unused bonus funds will be removed from your account within 30 days. Bonuses and no deposit bonuses will also expire within 30 days in most cases. This means if you don’t wager the bonus in time, you will loose the money in your account. This is of course very annoying and a waste of your money. Because if this it is important that you play enough before reaching this expiry date.