Vager in online casinos
Online casinos attract customers with bonuses, offering extra money for a deposit or freespins. Sounds tempting, but few people pay attention to the additional conditions, namely the wagering requirements, or wager. To avoid falling into the trap, it is worth carefully understanding what it is.
What is a wager in the casino?
This is the minimum number of bets that a player must make to cash out winnings. At the time of the birth of online casinos, enterprising players withdrew more than a thousand dollars because of the mild conditions for the use of bonus funds. Often, restrictions are set to eliminate the possibility of loss and to retain the customer.
The casino's vager is specified as a coefficient: 30x, 60x or x30, x60. This figure, multiplied by the size of the bonus, allows you to know the amount that the player must use for betting before cashing out his winnings.
For example, a welcome bonus of 100% for the first deposit implies that if a gamer credits his account with $1,000, he will receive the same amount on his bonus account. With a wager of x30, the total number of bets from the bonus funds must be at least $1,000 x $30 = $30,000. Once this threshold is exceeded, the player is entitled to freely withdraw his winnings from the casino.
Welcome Bonus at online casinos
The lower the wagering ratio, the better for the user. That is why it is worth choosing low wagering casino Australia. But this is not all that you need to pay attention to. Sometimes conditions apply not only to bonus funds, but also to the main deposit. If the bonus is 100%, it actually doubles the total betting amount.