Every season and every approaching holiday inspire online casinos to come up with new and exciting promotions to accompany the ever-present poker welcome bonuses.
And as the summer has passed and an entirely new season of poker promos is ahead of us, you get a magnificent chance to enhance your wins with very little effort!
But to make the most of every promotion that comes your way, you need to understand the wagering requirements that accompany every bonus. What do wagering requirements mean? And how do you make the most of every bonus despite any perceived restrictions?
All You Need to Know About Wagering Requirements
In our everyday life, every purchase we make is subjected to specific terms and conditions. When you want to pay for the item, cancel your order, demand a refund – you have to adhere to certain rules.
Well, the same rules apply when it comes to poker online bonuses. Every player who wants to enjoy a welcome offer, or a seasonal promo, has to comply with the wagering requirements.
Usually, the said requirements address the following topics:
- The number of times you have to play the bonus money before withdrawing cash. For example, if the casino awards you with $100 and the terms state you must wager the deposit X10, you must wager $1,000 before withdrawing your wins.
- Which games you can play while using the bonus money. Different games contribute a different percentage of their wins to your attempt to achieve said requirements.
- The minimum\maximum deposit or withdrawal limits.
- How much time you have to complete the bonus terms before the offer expires.
If you don't manage to fulfil all the wagering requirements, you won't be able to withdraw any wins you got while using the bonus money.
Those wagering requirements exist for two reasons: first and foremost, this is one of the ways the casino ensures it makes a profit. But those rules are also in place to prevent money launderers and scammers from using online casinos for criminal purposes.
For those reasons, wagering requirements are present at every gambling venue, and you won't be able to find your way around them.
How to Utilize Online Poker Bonuses?
Now that you know what wagering requirements are and why they even exist, only one question remains: how do you use those bonuses to your advantage? In some cases, it might seem as if the offered promotions aren't that lucrative if the wagering requirements are too strict.
But don't get discouraged! But don't get discouraged! Following a few simple rules will allow you to enjoy welcome offers and temporary promos with minimal fuss.
- Find the right casino – The terms and conditions vary from one casino to the next, which means that some venues offer better deals than others. Taking your time and finding the online poker room with the friendliest wagering requirements is paramount…especially if you want to boost your wins with some lucrative bonuses!
- Choose the right game to play – As we've said before, some games can help you complete the wagering requirements faster than others. For example, in some venues, playing Texas Hold'em will count 50% towards completing the requirements, while in others, it will be worth 20% or less.
- Be realistic - Make sure that you can achieve your goal within a specific timeframe. Don't place a bet you know you won't be able to get back in the long run.
The Bottom Line
New promotions and poker bonuses are on the horizon, so if you want to fully enjoy them – read the fine print. Make sure that you know exactly how much money you need to spend and how much time you have before you place your bets.
Once you do that, you will be able to enjoy every poker promotion without stressing out too much!