Wagering requirements are usually not the first thing that comes to mind when looking for casino bonuses online. Gamblers in Australia tend to think more about the value of the offer. Even when thinking about how much there is to gain, wagering requirements play a big part in that.
Another term that is often used to refer to wagering requirements is “playthrough requirements”. These are basically terms and conditions which apply to a bonus offer. The best online casinos will specify what the minimum required deposit amount is for players to cash their bonus winnings.
Why Do Online Casinos Have Wagering Requirements?
Online casino bonuses did not always have playthrough requirements. In the past, players would take advantage of bonuses by using them, cashing out the winnings and moving onto the next casino. All this without making a deposit at the casino. This became so much of an issue that players who did this were referred to as bonus abusers. Playthrough requirements became the solution as it requires a certain level of commitment from the player.
How Do Playthrough Requirements Work?
Wagering requirements differ from one online casino to the next. This is because every online casino structures their playthrough requirements around their specific bonus. An example of how playthrough requirements work is a player being expected to deposit the bonus amount a certain number of times. This will enable them to access and cash out the bonus games winnings. If the bonus is cashable, players will be able to cash it out with their winnings.
It is very important for gamblers in Australia to understand casino bonus wagering requirements before accepting bonus offers. This will ensure that they are not left with egg on their face when they want to cash out their winnings.