Wagering refers to the amount of money that you have available to bet in the casino. Requirements are normally specified by stipulating the amount of money that must be wagered before any withdrawal can be made from your casino account. These wagering requirements can be specific for a designated time-frame or for specific games.
There are normally different wagering requirements stated for each of the bonuses offered. For example, at Europa Casino, you are eligible to receive a bonus of 100% on your initial deposit, up to £100. The wagering requirement on this bonus states that you must wager a minimum of eight times the amount of the bonus plus the amount of the deposit.
So, with a £100 initial deposit, you will receive a bonus of £100, which gives you £200 with which to play. However, because of the wagering requirement, you will be required to wager £1600 before you can withdraw any money from your account.
Another thing to consider is which casino games not counted towards the wagering requirements. Under the “terms & conditions” in each casino, there is a list of the games which are not eligible for consideration when it comes to the wagering requirement.
For example, at some casinos wagering on games such as Baccarat, Roulette, Sic Bo, Darts, Heads or Tails, Video Poker, Blackjack Switch, Blackjack Surrender, Casino War, Pontoon, and Craps will not count towards the wagering requirement.
However, bets on Blackjack contribute one-third their original value toward the wagering requirement (i.e. The sum of the best place on Blackjack will be divided by three, and then that amount will be placed towards the wagering requirement.)
Normally, all bonus money will be stored in an account separate from your cash deposit. Withdrawals will not be permitted from your bonus account.
All wagers that you make will be drawn from your bonus account until that account is either empty or until the wagering requirements are met. As soon as the wagering requirements are met, any money left in the bonus account will be moved into your cash deposit account, and the restriction to withdraw will be lifted.
Casinos give you the option to either accept or decline the bonus money when you make a deposit that is eligible for bonus money. You will also be reminded of the wagering requirements that are set forth by the casino. Once you decide to accept the bonus money, the wagering requirements must be met prior to making any withdrawals.