Table of Contents
If you want to receive an online casino bonus, it’s important to understand how the wagering requirements work. We have put together a manual that explains all the necessary information you need here at Xgtiger Casino. Let’s get started:
Beginners Manual
What Are Wagering Requirements And How It Works
Online casino bonuses favor players. Gambling promotions give players a better starting position and make their account balances healthier. Therefore, players use bonuses as a tool to maintain their winning streak. At the same time, bonuses help players win more. However, these incredible casino incentives come with certain restrictions. After all, we are all aware of casinos, and online poker sites are not a charity but very profitable businesses. As a result, when you come across an attractive online casino bonus, it comes with certain wagering requirements. The necessity of these so-called playthrough conditions is a divisive question that divides opinions between players. Therefore, in the following lines, we will explain the betting conditions.
What are the Betting Conditions
Newcomers usually need clarification in terms of wagering requirements. You make a bet every time you place a bet on any casino games.
On the other hand, online casino bonuses are subject to playthrough requirements. Simply put, these playthrough conditions represent the number of times a player needs to place a bet before their winnings are withdrawn.
After successfully completing these conditions, players can only convert the bonus into real money. Otherwise, players will not be eligible to collect their winnings if they have previously claimed the casino promotion.
Calculation of Conditions
Solving the equation of playthrough conditions is not as difficult as some may think. Players should note that these restrictions may differ between physical casinos and the type of bonus. For example, we will take an example of a welcome bonus. First, the playthrough conditions vary if the welcoming package comes as a cash prize or with free spins.
Prize Money
Let’s say you decide to receive a welcome bonus with a 200% match reward, which comes with a 10x wagering requirement. Furthermore, let’s say you decide to deposit $25. As a result, your balance will be $50. Now, we come to the most critical question. How do you know the amount you need to bet to qualify for coverage?
By multiplying your total balance amount and the playthrough conditions, you can determine how much you need to bet. Following this example, we will multiply 50, the balance you have after taking the bonus, and 10, which are our betting conditions. As a result, we can conclude that you will need to have at least $500 to cover your winnings.
Reward Money With Free Spins
After claiming the free slots bonuses, you must meet the conditions based on how much you win. For example, let’s say you have 30 free spins with a 10x playthrough requirement and win $10.
By multiplying $10 with a 10x wagering condition, we’ve determined that you need to wager $100 before being eligible to collect your winnings.
Why Casinos Offer Playthrough Conditions
As we mentioned earlier, the casino industry is extremely profitable. Moreover, it only holds if they distribute bonuses to all players with wagering requirements.
So, online casino games use promotions to make their platforms more attractive to players. The playthrough conditions serve to protect their business from losses.
Of course, some restrictions are more acceptable to players than others, which varies between areas. For this reason, we always suggest players to pay special attention to the terms and conditions to avoid potential inconveniences. Players should always accept bonuses whose playthrough terms seem the fairest.
With No Wager Bonuses
Of course, only some bonuses have restrictions. Sometimes you will come across casino promotions that do not have a playthrough condition. There are no such casinos today. However, it should be noted that this case is not a unicorn and today or the next day you will encounter bonuses without a bet.
In that case, whatever you earn, you can keep. Just remember that such promotions may be time limited. Therefore, please read the terms of use carefully before accepting any bonus offer.
How to Overcome Betting Conditions
There are always ways to come out of the casino as a winner, regardless of the restrictions. The best way to win beyond the wagering requirements is to deposit more. The logic, in this case, is clear. The more money you have in your balance, the greater your betting power. As a result, mathematically, your chances of winning the bonus increase significantly.
On the other hand, you can always opt for games with a higher Return to Player or “RTP”. “RTP” or Return to Player is presented as a percentage and expresses the Player’s chances of getting the money back by playing the same game. In other words, if the game has a 98% RTP, that means that for every $100, you can get $98 in return. Choosing games with a high RTP can significantly improve your chances of leaving the casino with a win.
Games With the Highest Return to Player or “RTP”
In the following lines, we will list some games with the highest RTP. Playing these casino games gives you the best chance of meeting the betting conditions.
Blackjack – 99.27%
Like other table games, such as poker, blackjack requires strategy and a lot of experience. Also, blackjack is known as a game whose RTP is among the highest. The good news is that memorizing different charts increases your chances of winning despite the betting requirements.
Baccarat – Between 89.64% And 98.95%
Your chances of winning are higher or lower depending on the version you choose. Furthermore, you don’t need to be a skilled kicker to enjoy this game of chance. However, mastering different baccarat tactics will improve your chances of winning this game more often.
Therefore, if you are looking for an easy way to earn money from this game, try to find baccarat strategies online. Also, we recommend playing the Banker Bet version of the game, as it comes with a 98.95% RTP.
Jacks or Better Poker – Up to 99.54%
If the cards are up to an expert and experienced player, this game can have a 99.54% RTP. In other words, mastering the strategy aspect allows a professional player to have complete control over the entire game.
Final Thoughts
Xgtiger online casino bonuses keep players’ bankrolls thicker and help them get more wins. However, virtual venues are also looking for ways to protect their business from being in the red. Because of this, wagering requirements serve casinos as a safety fuse. By implementing playthrough conditions, virtual gambling establishments look to prevent players from abusing bonuses, but on the other hand, offer players the chance to win more. To avoid any inconveniences, we thoroughly recommend that you read the terms and conditions and ensure that you accept the fair and realistic betting conditions.
Conclusion
Are you an avid gaming fan and want to know how to bet on online casino games? At Xgtiger, you’ll get the latest information on this year’s best casino games and a variety of gaming options, all in one place.
To start your online gambling journey, all you need to do is create an account on the site, deposit funds and you’ll be ready to bet on the best and most anticipated casino games.
Frequently asked questions
In an online casino, you will find that you have a wide variety of gaming options from poker, blackjack, slot games, to lottery-like games like bingo. At a live casino, you may find that you only have a few different options. Depending on the location, the casino may only have one or two types of games.