Understanding casino wagering
Online casinos are keen to get you to register with them, but not so keen to give away money. The casino deposit bonus is a great way to get players to sign-up and deposit. However, if every player was to deposit £100 and play with £200 and then walk away, online casinos would not exist. This is why they introduced casino wagering requirements (WR).
Casino bonus requirements, or turnover requirements, is a way for online casinos to ensure against people taking advantage of their offer. Each casino is free to set its own wagering requirements and these usually vary between 15X (fairly good) to 65X (pretty awful). Basically, the casino bonus requirements refer to the amount of time a player needs to turn over his bonus cash before he/she is allowed to withdraw.
Casino ‘A’ has a 100% welcome offer up to £100. They advertise their casino wagering requirements as being 30X (which is fairly competitive) and so you make a deposit of £100. Your account should now show a balance of £200. Your initial deposit plus the bonus money. However, the bonus cash (not your deposit) is subject to wagering requirements. What this means is that in order for you to have any chance to withdraw that bonus money you first need to turn it over 30 times, according to the WR.
Turnover refers to the number of times you should wager your bonus money before a withdrawal is allowed. The wagering requirements for Casino ‘A’ are 30X and the bonus cash was £100, so you must effectively wager £100 X 30 = £3,000 before you ever get to spend your bonus.
The bonus money needs to be played at the casino slot machines. You could not, for example, play red and black on a casino roulette table, that would be too easy! So you need to feed the machines. Your first thought may be that this seems like an impossible challenge. It isn’t! Don’t forget that slot machines are programmed to give a steady return to the player. Careful play and a good strategy mean that is distinctly possible to cash out some if not all of your bonus cash.
How to sign-up for a casino bonus
Signing up for a casino bonus offer is easy. Ken recommends checking out the casino bonus codes for some really cool offers. Alternatively, take a look at the Ken Slots Top 20 Online Casinos and choose your favorite casino bonus from there. Following these simple steps should see you being able to play your online casino bonus in no time…
- Sign-up at your chosen casino
- Make your first deposit (£10 minimum)
- Claim your casino bonus offer in your player account
- Choose from one of the qualifying slots games
- Begin playing through your WR to claim your bonus money
Right now for players outside the UK Oshi Casino has an incredible bonus offer for first-time depositors. You can get 150% deposit bonus up to €350 + 200 FREE SPINS! We think this is one of the best bonus offers currently out there so we recommend that you claim your Oshi Casino 150% bonus offer before it is gone.
Players in the UK should take a look at this bonus from Flume Casino who are offering a £500 casino bonus + 150 FREE SPINS on Starburst, Aloha Cluster Pays, or Finn and the Swirly Spin. This is definitely an awesome bonus for UK players and not to be missed, so claim this bonus today.
How to Achieve Casino Wagering Requirements
Of course, it is not always possible to achieve the casino’s bonus WR. Wagering requirements by their very nature are challenging. There are ways for you to give yourself the best possible chance though.
- Deposit the maximum amount
- Always play slot games that contribute 100% to the WR
- Seek out high volatility machines
- Play at a level that could potentially generate high returns
Let’s look at the first point. Deposit the maximum. If the casino deposit bonus maxes out at £100 then deposit £100. The reason for this is that most casinos now require you to play your bonus money first (check the terms and conditions to be sure). Your deposit money is not going anywhere so it pays ‘have a go’ with the free money.
Pay attention to the turnover requirements
Make sure you play games that contribute 100% to the turnover requirements. DO NOT use your bonus money on the roulette or blackjack tables as their contribution is usually very low (around 5-10%). Again, always check the T&C’s, they should tell you which slot games contribute the most.
Look for high volatility slot games
Look for higher volatility slot games. Why? Because these games whilst not paying out so often will generate bigger wins and bonus features. If you manage to hit a high-paying feature and are playing at a reasonable level then it is possible to make the turnover requirements very quickly.
Play for higher than normal stakes
This brings me to the last point. Play at higher than your normal stake. If you play low stakes, any wins that you see are going to be for lesser amounts. Obviously, that means taking a longer overall time to generate the required turnover. Higher stakes give bigger returns = a greater chance to hit your WR (potentially).
Casino Wagering Requirements
Frequently Asked Questions
I recommend looking for free spins casinos with 35x wagering requirements. Less than 35x is great, it is sometimes possible to find free spins casinos offering 20-25x WR. More than 50x is pretty grim. Probably best to avoid free spins casinos with 60x wagering requirements.
Yes, most casinos do allow new players to forego the sign-up bonus and just play. Not everyone is interested in the casino bonus and are happy to just play real money slot games without the constraints of bonus money. Before registering at a new casino it is a good idea to contact customer service to see if they provide this option.
Winnings from your bonus bets are counted as part of your WR for your sign-up bonus. Until you have completed the requirements for the bonus that you signed up for you are unable to withdraw your winnings. However, if you don’t mind foregoing the winnings casinos will often allow you to withdraw your money minus any bonus winnings.
35x is about average for a casino WR for any sign-up bonus. It is possible to find casinos whose WR can be as low as 15x. Alternatively, some casinos require 60x WR. It is best to look for a casino sign-up bonus with between 30-40 WR.
The best way to get great casino sign-up offers is to head over to the Ken Slots casino bonus codes page and choose the bonus that most appeals to you. There are plenty to choose from.