{"id":2179,"date":"2016-08-31T08:28:47","date_gmt":"2016-08-31T07:28:47","guid":{"rendered":"https:\/\/bestbettingcasinos.com\/nz\/uncategorized\/wagering\/"},"modified":"2025-01-03T15:33:25","modified_gmt":"2025-01-03T15:33:25","slug":"wagering","status":"publish","type":"post","link":"https:\/\/bestbettingcasinos.com\/nz\/casino-guides\/wagering\/","title":{"rendered":"What does wagering mean?"},"content":{"rendered":"
Casino bonuses often come with wagering. Unfortunately there are only a few casino bonuses in New Zealand without wagering. If you are new to online gambling you might not know what wagering means. You see the term at every casino site you visit, but you have no idea what it means.<\/p>\n
“When you accept a bonus at a NZ online casino, you have to wager (play through) the bonus amount a certain amount of times before you are allowed to withdraw the bonus money you received”\u00a0<\/em><\/strong><\/span><\/p>\n On this page I am going to explain you what wagering mean. And of course I tell you more about how to complete this bonus term in the most convenient way. As mentioned, most casino bonuses come with wagering. The most used bonuses with wagering are the following bonuses: Welcome bonus, No Deposit Bonus<\/a>, and the Free Spins Bonus<\/a>.<\/p>\n I am going to discuss the topics below.<\/p>\n <\/p>\n Let’s start right at the beginning! What is Wagering? To understand bonuses, you have to understand wagering. This is included in almost every bonus casino offers! I will explain different scenario’s, using different kind of examples.<\/p>\n But let’s start at the beginning. When claiming a bonus, the casino gives you free spins, free playing money or extra bonus money on a first deposit. So let’s say you claim a 100% bonus, depositing $50. This means the online casino gives you an extra $50 bonus money to play with. You can play with a total of $100.<\/p>\n In the ideal world there would not be wagering. In that case you get 100% bonus and a second later you can withdraw that money. I hope you understand that this is a no go for online casino sites in New Zealand. They would go bankrupt within a few days.<\/p>\n To protect the casino from losing this money, they add wagering requirements. This simply means you have to play around the money, a certain amount of times, before you can withdraw your funds and winnings.<\/p>\n Casinos we rate and review often have wagering requirements between 20 and 50 times the bonus amount or free spins winnings. On your screen you see 20x or 50x Wagering.<\/p>\n Casino A offers me a 100% welcome bonus on my first deposit. When I deposit $100 I receive $100 extra bonus money. This casino has 20 times wagering in the Terms & Conditions. That means I have to wager 20x $100 = $2.000. In this example I have to play\/ bet\/ spin $2.000 in total before I am allowed to request a withdrawal.<\/p>\n Every spin or bet I make at the casino is added to the wagered amount. So when I do 10 spins with a $1 spin value I have wagered $10 of the total $2.000 needed. A big win can help you complete wagering faster. Because more budget means more time to complete the total wager amount.<\/p>\n After I reach the $2.000, I am able to withdraw my money. Of course I hope I have a lot of money left at the moment I complete wagering.<\/p>\n When you bump into a casino bonus with 50x wagering it means that you have to wager your bonus money or free spins winnings 50x. you have to complete 50x wagering before you are allowed to withdraw the money you received or won.<\/p>\n 50x Wagering mean you have to play the bonus amount you receive 50 times at the casino. Or you have to play 50x the money you won with the free spins you received from the casino. Imagine getting 50 spins on Book of Dead, you win $20 with thes free spins. Before you are allowed to withdraw the $20 you have to play at least (wager) $20 x 50 = $1.000.<\/p>\n A questions we get often is how players can beat wagering requirements. To be really honest, unfortunately, you can’t. But what you can do as a player is to be more aware about how to make the wagering requirements in your favor! This is possible by simply knowing how wagering works exactly and about how wagering is been set up.<\/p>\n In this paragraph I will tell you exactly about what you need to pay attention to, so semi beat the wagering requirements!<\/p>\n Always check the maximum bet allowed while wagering. I have seen smart kids who thought making $10 spins would help complete wagering faster. This is not true because most casino sites have a maximum bet of $5 per spin while wagering.<\/p>\n Please don’t exceed the maximum bet per spin. I don’t want you to win a lot of money but not being able to withdraw it because you violated the wagering requirements.<\/p>\n Now that we understand wagering, there is one more extra little thing we need to explain. The wagering can be divided when it comes to the contribution to the wagering requirements, depending on the game you are playing. This is always shown by a percentage that will be submitted to the wagering requirements. Not every game counts forward for the same percentage when we look at wagering.<\/p>\n For example: Pokies count 100% towards wagering. Live poker often only for 50%. And blackjack for 10%.<\/em><\/strong><\/span><\/p>\n Let’s say you play slots and live poker. You bet $1 on pokies and $1 on live poker. Your $1 bet on pokies counts 100% towards wagering, after the $1 spin you have completed $1 of the total wagering. when you wager $1 on live poker it will count for 50% towards wagering. This means you only wager $0.50 of the total wagering amount.<\/p>\n The percentage of this influence on wagering requirements is determined by the return to player percentage. This is the likelyhood of the deposited money, being won back by the players. This is a number based on millions of spins. So players like you and me it does not really influence your game play if you just like to play for a few hours.<\/p>\n But it’s good to know what kind of percentages are used for different games. What is good to know is that you should always check this list of percentages before you play. Here you can at least make sure that all the money you play with, is contributing to meeting the wagering requirements. Almost all pokies are contributing for 100%. So it is a smart choice to play pokies.<\/p>\n <\/p>\n\n <\/p>\n If you like to wager your bonus quickly, play pokies 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 lot longer to complete wagering.<\/p>\n Now you understand what Wagering mean and how it works I will tell you more about different casino bonuses. Like we discussed earlier in this post, there are different kind of bonuses an online casino can offer its players!<\/p>\n The most popular one is the No-Deposit bonus. This means you can claim bonus money or free spins without making a real money deposit. Other popular bonuses are welcome offers, High Roller bonuses, free spins and reload bonuses. The wagering requirements are all really similar. I will explain 2 more bonus types:<\/p>\n <\/p>\n A number of online casinos in New Zealand offer you a no deposit bonus. You will receive free cash or free spins once you sign up a casino account. There is no real money deposit needed. You only have to open a free casino account and activate the bonus.<\/p>\n On a no deposit bonus you always find wagering requirements. If not the casino risk losing a lot of money. The key benefit of this type of bonus is the fact that it is a free chance to explore a casino and win some real money.<\/p>\n\n
What is wagering?<\/h2>\n
Example 1 – Wagering on Bonus money<\/h3>\n
What does 50x Wagering mean?<\/h2>\n
Can I beat wagering requirements<\/h2>\n
Maximum bet amount<\/h3>\n
Weight of Wagering requirements<\/h3>\n
Game contribution towards wagering<\/h4>\n
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Wagering requirements on different casino bonuses<\/h2>\n
No Deposit Bonus<\/h3>\n