The term wagering requirements shouldn’t be foreign to seasoned online casino enthusiasts. Some of the best online casinos in New Zealand offer a wide range of promotions, consisting of various offers and incentives. It’s not uncommon for these incentives or rewards to have wagering requirements attached to them. But, if you’re a first-time player, you may be wondering what exactly are wagering requirements?
In this article, we explore the definition of wagering requirements and particularly take a look at why wagering on pokies is highly recommended.
What are Wagering Requirements?
Wagering requirements refer to additional amounts added to a bonus that need to be cleared prior to being able to request a withdrawal. Generally, this could be anything between 30x and 70x the bonus amount.
How is it calculated? On a bonus of 10, a wagering requirement of 30x will be calculated as 10 x 30 which equals 300. That means that the outstanding wagering requirements on that bonus would be 300.
Why do Online Casinos Have Wagering Requirements?
The biggest difference between online casinos and land-based establishments is casino bonuses. Traditional brick-and-mortar casinos generally reserve special perks for certain players, while online casinos offer them to everyone. Most of the popular online casinos in New Zealand usually get the rewards started from the moment a player registers a new account, treating them to a great welcome bonus upon successfully registering a new account.
Financially, wagering requirements assist online casinos by ensuring that they can get some funds back from the bonuses extended to its players. If you are someone looking to maximise your playing time, then wagering requirements shouldn’t be a problem, as they extend the amount of time you spend playing some of your favourite casino games.
Wagering Weighting of Different Games
When it comes to completing wagering requirements, it is important for players to be aware that different casino games contribute different percentages towards outstanding wagering. Generally, online pokies in NZ and the rest of the world contribute the most.
NZ online pokies (apart from progressive pokies) usually contribute 100% towards outstanding wagering requirements, while table games contribute different percentages. For the full breakdown on the wagering weighting at your online casino of choice, simply visit the terms and conditions page.
Smart Wagering on Casino Bonuses
If you have any outstanding wagering requirements to complete, and you’re hoping to fulfil them smartly in order to initiate a withdrawal, the best thing would be to play NZ online pokies and any other casino games that may contribute 100% towards any outstanding wagering requirements.
Another tip is to set your bet size to the minimum amount possible, in order to get maximum playing time on a pokies game. When it comes online pokies wagering, always read up on wagering terms and conditions of the site, as they differ according to the establishment in question.