BetOnRed is one of our favourite online casinos with daily bonuses. But more than the daily drops, you also enjoy some of the usual bonuses too. Talk about welcome promo and the likes.
Claiming the casino’s bonuses is quite easy too. But you must meet the wagering requirements to turn your bonus into cash.
So in this guide, we’ll break down what wagering requirements mean. We also show you 4 tips to help you read and understand BetOnRed’s wagering requirements.
Why Casino Bonuses Have Wagering Requirements
Although the common casino bonuses provide you with extra capital, the money is not always withdrawable at first.
In order to convert your bonus balance to cash in your bank, you must satisfy some set of requirements. This is known as wagering requirements. Although some casinos call it playthrough requirements.
To put it simply, the wagering requirement is the number of times you must wager a bonus before you can withdraw it.
This begs the question: why do casinos impose these requirements?
Well, the wagering conditions is put in place to ensure that players are committed to a casino’s game before cashing out
Also, it prevents players from abusing the bonus program. For example, imagine a condition where there are no clause on a casino bonus. Players will just register at a casino, cashout and stop using the site altogether. Which will be a big loss to the operator.
But with wagering requirements in place, only the most loyal players get the bonus reward. This is fair if you ask us.
How Wagering Requirements Work at Slots Casinos Like BetOnRed
As mentioned, BetOnRed Casino offers different bonuses and promotions. Each offer has its own wagering requirements.
The table below cites 3 scenarios and what the wagering requirements mean in each case.
Bonus Type | Wagering Requirement |
Casino welcome bonus | 35x |
Sports welcome package | 5x |
Free spins | 35x |
In scenario 1: the casino has imposed a 35x wagering condition on the welcome bonus.
As such, you must wager any bonus you get thirty five times before cashing out.
Let’s break it down even further. If you get a welcome bonus of $20, you must wager $700 ($20 x35) before you can cashout
Judging by the above illustration, you must wager your free spins and sports betting welcome package five times and thirty five times respectively.
4 Tips on How To Navigate Wagering Requirements at BetOnRed
You can’t claim a casino bonus without dealing with the wagering requirements. That’s why we’ve come up with proven tips on how to navigate them:
- Find Out What the Wagering Contributions Are
Before you hop on casinos with the widest game selection like BetOnRed, understand the wagering contribution of the games.
For instance, slots contribute up to 100%. On the other hand, live dealer titles and table games contribute 0-5%.
- Always Consider the Wagering Requirement Value
Typically, the lower your bonus amount and its turnover, the easier the payout process.
That’s because it’s easier to meet the wagering requirements and withdraw your winnings. As such, we’d recommend sticking to offers with fair wagering requirement values.
- Stay Aware Of the Validity PeriodÂ
Wagering requirements often have a validity period. This is the duration of time the casino gives you to clear bonus requirements.
The longer a bonus validity period, the more time you have to meet the redemption criteria.
- Play the Right Games
Slot games have 100% game contribution for the most part, so they may offer more rewards than when you play live casino. Here’s why:
Playing slots with high return to player (RTP) or payout rates improves your chance of your gameplay being successful. We’d recommend playing games with at least 96.1% payout rate. That’s because the house edge is lower, and you’ll get more despite the wagering requirements.
You should also play low volatility slots, although they offer smaller winning amounts. However, since the winnings are relatively frequent in the long run, you can make as much or even more than you would when playing high-volatility games.
FAQ
Where can I find BetOnRed’s wagering requirements?
You can find them in the casino’s bonus terms and conditions. The bonus rule can be boring. But make sure you read it to know what you are up against.
What happens If you don’t meet the wagering requirements?
You’ll lose your bonus and all winnings if you fail to satisfy the wagering requirements.
Why Should I Play at BetOnRed?
BetOnRed offers different bonuses and player-friendly wagering requirements for these different bonuses. Plus, the site has some of the best casino games reviews in Poland, so you’ll also have lots of great games to explore.
Also Read: How to Balance Entertainment and Strategy in Online Color Prediction Games