Do you love playing online slots at Thor Casino but need clarification on wagering requirements? You’re not alone! Many players find wagering requirements tricky.
But don’t worry, we’re here to help. Let’s dive into wagering requirements, how to meet them, and some valuable tips to make it all easier.
What are Wagering Requirements?
Wagering requirements are a set of rules that online casinos use. They tell you how many times you need to play through a bonus before you can withdraw any winnings. You get a £10 bonus with a 20x wagering requirement. This means you’ll need to bet £200 (20 times £10) before you can withdraw any winnings from that bonus.
It sounds very clear, but it’s just a way for casinos to ensure bonuses are played before converting into real, withdrawable money.
Why Do Casinos Have Wagering Requirements?
Casinos set wagering requirements to protect themselves. Imagine if people could claim bonuses, withdraw the money immediately, and run. The wagering requirement ensures players engage with the casino’s games, which is fair for both parties.
How to Meet Wagering Requirements
Now that you know wagering requirements, let’s explore how to meet them effectively.
Choose the Right Game
Not all games contribute equally towards wagering requirements. Slots often contribute 100%, meaning every £1 you bet on slots counts £1 towards your wagering requirement.
But games like blackjack or roulette might only contribute 10% or even 0%. Make sure to check which games count most.
Track Your Bets
Keeping track of your bets is crucial. Sometimes, casinos offer tools to help you monitor your progress. Use them!
If you must bet £200 but lose track, you might wagering more than necessary.
Bet Smartly
Avoid placing very high bets to meet the wagering requirements quickly. This can make you lose your bonus faster. Stick to reasonable bets and keep an eye on your balance.
Use Time Wisely
Make sure you have enough time to meet the wagering requirements. Some bonuses expire after a certain period, like 7 or 30 days. Plan your playtime accordingly.
Common Wagering Requirement Terms and Conditions
Grasping the rules around wagering requirements can save you trouble later. Here are the most common ones to watch out for.
Contribution Rates
As mentioned earlier, different games contribute differently to wagering requirements. Slots usually contribute 100%, while table games might contribute less.
Maximum Bet Limits
Bonuses often have a cap on the maximum bet amount. If the limit is £5, you shouldn’t place bets higher than this. Breaking this rule can void your bonus.
Expiry Dates
Bonuses often come with an expiry date. You need to fulfill the wagering requirements by this date to retain your bonus and winnings.
Game Restrictions
Sometimes, bonuses can only be used on certain games. For instance, a slot bonus might only apply to specific slot games. Always check which games are eligible.
Bonus Abuse
Casinos are wise to any sneaky tactics. Actions like claiming multiple bonuses with different accounts or using betting patterns only to play the minimum requirement can be flagged as bonus abuse. If a casino detects bonus abuse, they may cancel your bonus and even restrict your account.
The Bottom Line
Navigating wagering requirements doesn’t have to be stressful. Here are some essential tips to help you play smartly:
- Always Read the Terms and Conditions: Before claiming any bonus, read the fine print. Know the rules and make sure you understand them.
- Keep Track: Use tools provided by the casino or keep a personal log of your bets and progress towards meeting the wagering requirements.
- Stick to Contributing Games: Focus on games that contribute the most. Slots often do, so they can help you meet your requirements faster.
- Don’t Rush: Take your time. Avoid placing very high bets to get through the requirements quickly; you might lose your bonus.
- Be Aware of Additional Costs: Some games, like tournament entry fees, might have extra costs. Factor these into your wagering strategy.
- Stay Within Limits: Familiarize yourself with maximum bet rules and stick to them. Avoid the temptation to bet higher than allowed.
- Watch the Calendar: Keep an eye on expiry dates. Don’t let your bonus run out before you’ve met the wagering requirements.
Meeting wagering requirements can become a fun challenge once you understand how it works. Keep these tips in mind, play responsibly, and enjoy the extra chances to win that bonuses offer.