Learn everything about online casino bonus wagering requirements in SA. We’ve covered how it works, how to calculate, and other relevant information
Learn everything about online casino bonus wagering requirements in SA. We’ve covered how it works, how to calculate, and other relevant information
We all love the idea of claiming bonuses when playing at online casinos. What we often forget is that these bonuses are subject to terms and conditions. The most common rule across all casino bonuses is the wagering requirement. This is a multiplier indicating how many times you must play with the bonus money before you are eligible to withdraw.
Our complete guide has answers to all questions you may have about bonus wagering requirements in South Africa.
To fully understand what wagering requirements are and how they work, we should first start by knowing the meaning of a wager. A wager is a bet on a casino game. It can be the amount you bet on each spin or hand round, in a session, or at a specific time.
The minimum and maximum wager vary depending on the game you are playing. Some online casino games accept pennies, while others require big bets to play and win.
If you play at any online casino in South Africa, you will most likely receive different casino bonuses and promotions. These bonuses include free spins, welcome bonus, reload, cashback, and VIP bonus. What many people fail to understand is that these bonuses are not really free.
They have wagering or playthrough requirements to meet before a withdrawal is processed. A wagering requirement will tell you the number of times you must play the bonus and the time you have at your disposal.
Many casino bonuses have wagering requirements ranging between 5x to 45x the bet amount. You can find out more about the rollover requirements in the bonus terms and conditions sections. One fact you should always keep in mind is that you cannot avoid casino bonus requirements.
Now that you know what wagering requirements are, it’s equally important to understand how they work. The playthrough requirements work differently for each bonus type. Overall, they work in a pretty simple way for people of all skills to understand.
For example, if a casino has a 100% welcome bonus of up to R5000 with a wagering requirement of 45x. This means that you must bet the bonus amount 45x before you can withdraw your winnings and the bonus itself.
Note that you may be required to meet wagering requirements when claiming free spins, as well. In this case, the playthrough requirements will apply to free spin winnings. Depending on the casino site, you may be required to deposit a certain amount to cash out your winnings.
You don’t have to be a maths genius to calculate casino bonus wagering requirements. Thanks to the straightforward formula, you can simply fix your figures and determine the rollover requirements.
Here is the formula South African gamblers should consider:
(Bonus Amount) x (Wagering Requirements) = Total Bet
Let’s use this formula as a typical example to understand how it works.
For example, the minimum deposit to get a bonus is R100, and the bonus has 45x wagering requirements. You would calculate as follows:
(R100) x (45) = R4500
Therefore, you’ll have to spend R4500 to withdraw the welcome bonus.
Calculating Wagering Requirement with Deposit
Note that some online casinos may require you to wager the bonus and the deposit amount. In this case, the formula for calculating the wagering requirement automatically changes.
You calculate as follows:
(Deposit) + (Bonus Amount) x (Wagering Requirements) = Total Bet
R100 + R500 x 45 = R27,000
Therefore, you’ll have to spend R27,000 before you can withdraw winnings from the casino.
Calculating Wagering Requirements with Free Spins
You may find a casino that requires you to calculate the wagering requirements with free spins bonus.
This way, the formula will be as follows:
For example, if you claim 30 free spins with a 25x wagering requirement and you win R50, then you will have to spend:
R50(Free Spins ) x 25 (Wagering Requirement) = R1250
Therefore, you must spend R1250 to cash out your winnings.
Claiming wager-free bonuses at South African online casinos has many benefits. This explains why they are the most sought-after bonuses globally. The following are the advantages of using no-wager bonuses:
At regular real money South African online casinos, bonuses have wagering requirements ranging between 25x and 60x. But there are some online casinos with lower playthrough requirements than normal. Such casinos tend to offer bonuses with lower wagering requirements of between 1x and 15x. The popular types of low-wagering bonuses are deposit bonuses, free spins, and no-deposit bonuses.
These bonuses have many benefits to offer:
There are a couple of ways of beating wagering requirements in online casino bonuses. As you are aware, the wagering requirements dictate you play a specific number of times before you can withdraw.
The drawback is that players tend to lose a lot of their winnings in the process. You don’t have to worry about meeting the wagering requirements anymore.
Here are quick tips to help you to beat the rollover requirements:
Pick an online casino that is fully licensed and regulated by a recognized authority. Also, the casino should be protected using the latest security protocols like 256-bit SSL.
You register in an online casino and play without claiming any bonuses. If the wagering requirements and other terms and conditions are unfavorable, you should avoid them. This will save you from wasting your money trying to meet the rollover requirements.
Bonuses with low wagering requirements are quite easy to meet. Also, you should consider bonuses where rollover requirements cover the bonus amount only.
Many small bonuses often come with low or no wagering requirements at all. You should take advantage of these offers. Though these bonuses may not boost your bankroll significantly, they save you from big deposit requirements.
Online casino games offer different contributions toward the wagering requirements. The top recommended games are slot machines that contribute 100%. Additionally, you can play baccarat, poker, keno, video poker, and craps.
Many high RTP and variance games are excluded from rollover requirements by casinos. High RTP games offer bigger profits in the long run. Although the percentages are inaccurate, they give a hypothetical picture of the potential returns.
The first thing before claiming any casino bonus is to read the fine print, which includes all the terms and conditions you should meet. You will learn about the maximum limits, maximum deposits, etc.
As long as bonuses exist, so will the wagering requirements. One of the main reasons top South African online casinos include terms and conditions like rollover requirements is to protect themselves from bonus abuse. Ensure you read the terms of use and meet the necessary requirements before claiming any bonuses. Overall, bonuses play a significant role in boosting the bankroll, and you should always take advantage of them.
The easiest way to beat the bonus wagering requirements is by claiming free bonuses, choosing the right games, and playing at low wagering casinos
No, some online casino bonuses don't have wagering requirements at all. It all depends on the casino you are using
Other than the wagering requirements, players are also required to consider the deposit limits, bonus time frame, and cash-out limit