Mastering Wagering Requirements: A Guide
Those crypto casino bonuses can be pretty tempting. But just like their non-crypto siblings, these bonuses come with a catch: wagering requirements. There’s no such thing as a free lunch, and like the fine print on any deal, rollover requirements can be a bit of a head-scratcher.
Wagering or rollover requirements refer to how much you need to bet before being able to cash out your bonus winnings.
I’ve been treading these waters for a long time, and I can tell you this: wagering requirements are not exactly rocket science. In this guide, I’ll break the concept down so it’s super easy to understand.
What are Wagering Requirements?
When you’re checking out bonuses in crypto casinos, you see wagering requirements mentioned left and right. So what are they exactly?
Rollover or wagering requirements specify the amount of money a player must wager before withdrawing a casino bonus as real money. In most cases, they’re conveyed as the number of times you need to wager said bonus before it becomes withdrawable.
Think of it like this!
The casino gives you some extra cash to play with, but they want to ensure you get in some action before taking that money home.
Let’s illustrate this with a straightforward example.
Say you get a bonus of 100 USDT with a 10x wagering requirement. That means you need to make bets totalling 1000 USDT (100 x 10) before you can withdraw the 100 USDT bonus plus any wins that originated from it.
This is a way to keep the game fair, ensuring the players are actually playing and not just snagging free cash. Crypto casinos would not last long if they gave away free cash willy-nilly.
Wagering Requirement Calculations
What I also find challenging these days is how these wagering requirements are represented. Take BC.Game, for example.
To access the bonus cash, you’ve got to unlock it. How do you do that? Here’s the math formula: Amount unlocked = Wager amount x 1% x 20%. Essentially, every time you wager $500, you unlock 1 BCD, the site’s own token.
Now, different crypto bonuses come with different requirements, some tougher than others, but with a little strategy and a bit more luck, you can meet most of them.
Different Game Contributions
I already explained the basics of calculating wagering requirements in the previous section. Remember, a 10x requirement on a 100 USDT bonus means you must wager 1000 USDT to “release” the funds.
This is pretty straightforward. The part that may not be so clear-cut until you look at the fine print is the contribution that different games have.
Watch out!
Simply put, not all games contribute 100% to the wagering requirements.
Every cent you put into slots will typically count toward the playthrough, but games like Blackjack might only pitch in 10%. So, if you wager 10 USDT on Blackjack, only 1 USDT might go toward meeting these requirements.
I suggest you dig through your chosen bonus Terms and Conditions page or ask customer support for the contribution percentages to devise a strategy.
Some casinos don’t impose wagering contribution rules, like BC.Game! For example, bets on Spribe’s Aviator at BC.Game count as much as sports bets.
Want to test out that example?
Bonus Basics
So far, we’ve only talked about welcome bonuses, but promos at crypto casinos come in all shapes and sizes. Understanding the ins and outs of each will not suddenly make you a shark, but it will help you navigate the waters.
Here are a few of the most common bonus types:
- Welcome (deposit) bonuses — Most often, these are the flashy signs that get you in the door. The idea is that the casino matches your deposit (usually 1-for-1).
- No deposit bonuses — These are the free samples. They’re relatively small amounts a casino gives you for just signing up; no deposit needed. The catch is that they typically come with unattainable wagering requirements because, well, the casino will not just give away money for nothing.
- Free spins — Slot fan? Free spins are your friend. You’ll get a set number of spins in a particular game or a set of games from a particular developer. The winnings from these spins are usually capped at a specific amount and have their own rollover requirements.
Pitfalls and Challenges
Now to the less fun part of crypto casino bonuses — the sneaky terms that can catch you off guard if you’re not paying attention. Here are a few:
- Game restrictions — At some crypto casinos, the use of bonus money may be restricted only to certain games or game types. That means you can only play these games using your deposited balance.
- Time limits — Bonuses don’t stick around forever. If you’re not careful and your promo funds expire before you’ve met the wagering requirements, your chosen Bitcoin casino will refuse to pay out your bonus cash.
- Max bets — There’s often a cap on how much you can bet using bonus money. You may like to bet big to speed things up, but this may not always be possible.
- Withdrawal caps — Sometimes, there’s a limit on how much you can win with crypto casino bonuses. These caps are often imposed on free spins that you receive as part of the deposit or no-deposit welcome deals.
- Bonus winnings — Depending on how the rollover requirements work on your chosen bonus, your winnings will sometimes wind up back in your bonus funds. Some players agree to these terms but get confused later on. It just means that you have some wagering to do before those funds are added to your real money bankroll.
How to Meet Playthrough Requirements: Step by Step
As we reach the last leg of our journey, let’s cover what you need to do to clear crypto casino wagering requirements:
- Read the fine print first — You should know what you’re getting into before even considering claiming a bonus – especially when it comes to maximum payouts. Feel free to contact customer service if there are any terms and conditions you find confusing.
- Claim the bonus and start playing — Once you’ve claimed a bonus, start playing games that count most towards the wagering requirements. High-RTP slots are typically your best bet, as are the ones with a hit frequency of 25% or higher.
- Keep track of progress — Most high-quality crypto casinos offer a way to track your bonus progress right on your account dashboard, so this should be straightforward.
- Cash out when you’re done — Once you’ve met the requirements, it’s time to withdraw your winnings. Go to the casino’s cashier page and follow the instructions to get your hard-earned crypto.
Final Thoughts
Wagering requirements are just part of the deal when you’re playing with bonuses (crypto or otherwise). Once you get what they’re all about, you can tackle them and may even come out with some actual cash.
That said, casinos are pretty good at calculating the requirements they need to put in place to ensure they’re not getting ripped off by their players. If you expect to make a quick buck by somehow “gaming” the requirements, think again.
Still, with a careful choice of games and strategic thinking, you can have a good shot at clearing them and walking away with some wins.
