Updated on: January 9th, 2024
Wagering requirements are the number of times you need to play with the bonus and deposit before withdrawing your winnings. They are necessary for every bonus you claim. Many Australian casino sites use casino bonuses to attract players.
However, most of these casino bonus rewards cannot be converted into cash instantly. Before withdrawing funds from your casino account, you must meet the playthrough requirements. We have a guide that will inform you about wagering requirements and the related terms. Read more to learn online casino wagering requirements and how to beat them.
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What is a Wagering Requirement?
Wagering requirements mean the number of times you need to place bets to be able to withdraw your winnings. For example, if you have $100 in your account but $50 in bonus funds, you’ll need to complete the rollover to cash out.
Sometimes you’ll find that casinos refer to wagering requirements as playthrough or rollover requirements. Wagering requirements can range from one time (1x) the bonus amount to 50 times (50x). Playthrough requirements are found in your favourite online casino’s terms and conditions section. They show that you need to wager how many times to be able to withdraw your winnings.
Why Do Casinos Have Wagering Requirements?
We must remember that casinos are businesses at the end of the day. So, giving out free money would not be a good business model. But most casinos want to make their casino attractive to players by offering bonuses.
So, you can enjoy a selection of games with bonus money. In many cases, casino sites have hundreds of games to choose from. Wagering requirements ensure that you continue playing at the casino and deposit some funds.
Wagering Requirement Rules
Certain rules related to wagering requirements might affect how you can wager your bonus. Below we’ve listed some rules that you’ll likely encounter at an Australian casino site:
How to Beat Wagering Requirements
The most obvious way to beat wagering requirements is to avoid them altogether. In that way, you can play without worrying. So, anything you win will be in your account as real money that you can withdraw immediately.
However, once you’ve claimed a casino bonus, you cannot always avoid wagering requirements. To beat wagering requirements, you need to use your bonus money strategically. Here are a few ways that can help you do that.
- Find out what the casino bonus expiry date is.
- Calculate the wagering requirements. You must know how many times you’ll have to bet your bonus. However, most casinos will have this information in the terms and conditions section.
- Start playing games that contribute the most to the wagering requirement. The best way is to play online pokies. Remember that some casinos will only allow you to play a specific selection of pokies with your bonus money.
- Each bet you place will contribute to you meeting the rollover requirement. So, every time you spend your bonus on a qualifying slot, this will help you meet the rollover. In most cases, casinos will only allow you to bet a maximum of $5 when using your bonus funds.
Best Online Pokies to Meet Wagering Requirements
The best online pokies that help to meet wagering requirements quickly would be those that contribute 100%. Plus, those games must have high RTP rates. Moreover, it’s also important to consider slot variance and volatility.
Low variance pokies will pay out more frequently on average. However, the payout will be smaller. On the other hand, slots with high variance will pay out less frequently, but the payout will be higher. So, it would help to decide which one is better for you.
If you have a big amount of bonus money, it is best to play slot games with high volatility. That’s because if your bankroll is low, it can be depleted before you win anything. However, playing a slot game that has a high variance has a high chance of you hitting winning spins.
Here are some examples of online pokies with a low variance:
- Starburst
- Gemix
- Tomb Raider
Here are some online slots with a high variance:
- Bonanza
- Dead or Alive 2
- Frog Grog
Wagering Requirement Terms And Conditions
When considering claiming a bonus reward, you should also look at the terms and conditions of the rollover. It’s not nice when you’re playing games at a casino, thinking you’ve met the terms only to find that you’ve broken a certain rule.
Generally, this would mean that any winnings you get from the bonus will be removed from your account. This usually happens when you’ve broken a rollover rule. For example, if you’ve placed a higher bet than the limit using bonus funds.
Other rules allow you to fix your mistake without losing your winnings. For example, if you played an online slot game that doesn’t contribute to wagering requirements. Some Aussie casinos will allow you to play another game.
The best way to avoid all this is by reading the terms and conditions of the bonus you plan to claim. That way, you can know exactly what needs to be done to beat the wagering requirement. If there are rules you don’t understand, we strongly advise you to contact customer support for a thorough explanation.
Comparing Wagering Requirements
The best way to find out what the wagering requirements of a bonus are is by reading the casino reviews. We have loads of online casino reviews for you to read and compare wagering requirements. You should not generally accept a bonus reward if the wagering requirements are 50 times the bonus amount.
Are Wagering Requirements the Same for Every Game?
No, not all wagering requirements are the same for every game at the casino. Some games contribute 100% to the playthrough requirements, and others contribute 0% towards the wagering requirements. While other games only contribute 50% towards the rollover.
Generally, table games and live dealer games don’t contribute to the wagering requirements. Sometimes bingo games contribute 50% towards the playthrough requirements. But in most cases, online pokies contribute 100% towards the wagering requirements.
FAQs about Playthrough Requirements
No, you cannot withdraw a casino bonus. However, you can withdraw the winnings you made from the bonus money after meeting the rollover.
The best way to meet wagering requirements is by playing games that contribute 100% to the rollover amount. The games include online pokies and some bingo games.
Bonus wagering means that if the playthrough rate is 30x the bonus, you’ll have to wager thirty times the bonus amount. You won’t be able to withdraw your winnings before you meet the playthrough rate.
When you get a bonus with a 40x rollover rate, it means you need to place bets forty times the bonus amount. This is usually the requirement to withdraw your winnings.
Yes, they do. Wagering requirements for free spins are common at most Australian casinos online. That’s why you need to read the terms and conditions before you claim a bonus.
A no-wager bonus means that the bonus you’ve claimed doesn’t have wagering requirements. So, anything you win from the bonus can be withdrawn instantly.