Match Deposit Wagering Requirement
If you've spent much time playing on online casino websites, then you've almost certainly encountered the concept of a match deposit bonus.
In case you haven't, the concept is pretty simple: you deposit some money and then the casino will match it in the form of gifted cash. Often, this kind of bonus will be offered in the form of a welcome bonus, which you will get when you first create your online casino account.
Is There a Catch?
Of course, when it comes to this kind of promotion, there's always going to be a catch or two. You can't expect to deposit $1,000 and get an additional $1,000 for free without any kind of restrictions.
One of the big restrictions you'll find is that there's always a limit on how much you can deposit. This ensures that players can't make any ridiculously huge deposits.
Another key concept regarding match deposit bonuses is the wagering requirement. Understanding this idea is key if you want to make the most out of your match deposit award.
What Are Match Deposit Wagering Requirements?
Match deposit wagering requirements are how the casinos are able to profit from these seemingly generous promotions. Basically, they work like this: if you want to withdraw any money that you've won using your bonus funds, then you'll need to wager a certain amount of your own funds.
For example, if you see a 10x wagering requirement, then this means you'll need to wager 10x the bonus funds if you want to be able to withdraw any of your bonus winnings. This helps the casino to ensure they will still make a good profit from these kinds of promos.
When you take part in this kind of bonus offer, you really need to make sure you read the terms and conditions carefully, preferably before you actually start playing. This is because you'll sometimes find that only certain games will contribute towards it.
A lot of the time, people will think they've completed the requirements, but it turns out they've played on the wrong games, so all the money they've deposited has counted for nothing. Don't let this happen to you--read the requirements carefully before you start playing.
Can't Find the Terms?
In some cases, you might find yourself unable to locate the terms and conditions on a casino site. Quite often, this is by design; if players can't find the terms, they won't realize certain things, such as which games apply towards the wagering requirement.
This has obvious benefits for the casino site. You should treat any gambling house that doesn't make it easy to read the terms and conditions with caution, as this may suggest they're not a very player-friendly casino to visit.