When you’re only starting your first bitcoin casino journey it can be quite difficult to understand the gambling terminology. But once you do it becomes even more exciting to play your favourite games especially when you bet with Bitcoins. One of the most spread term is wagering requirement or it also can be called playthrough or rollover requirement.
In this guide we’re going to give you a clear understanding of wagering meaning and how to deal with it.
What is Wagering?
A lot of newbie casino players think that the bonus money which they got from Crypto Casinos are real and can be withdrawn, but it isn’t true. Each Bitcoin Bonus has its wagering requirements which means that there is a certain number of times you would need to bet bonus money to convert remaining amount to real cash you can withdraw.
For example, Bitstarz Casino gives you a 100% bonus up to 1 BTC on your first deposit with 40x wagering and $20 min deposit.
This means that this crypto gambling site will double your first deposit up 1 BTC if you bet at least $20. However, to convert it into real money you need to wager it 40x times, so if you deposit $50 you’ll get additional $50 but to withdraw its required to bet $50*40=$2000.
In this example, we reviewed the case when wager is applied only to bonus money but some bitcoin gambling sites has bitcoin bonuses where deposit has to be wagered along with bonus money.
Why do Bitcoin Casinos have Wagering Requirements?
The answer is simple — Casino Sites are here to earn money, not to give it away. They cannot just top up your account with additional money and let you withdraw it. But such business model attracts even more and more players from around the globe, so it works.
However, wagering has even a positive side — it attracts you to play more and more to rollover your money. It encourages you to try new bitcoin casino games, different strategies and gives you better taste of this crypto gambling world.
Moreover, you still can find a no wagering casino bonus. For example, at BC.Game Casino you can get a 180% bonus up 1BTC with no wagering!
Is it difficult to meet Wagering Requirements?
Actually, it depends on each particular bitcoin casino bonus as every of them has it own rollover terms. The bigger wager the harder it gets to beat it. Up on this, if this a deposit+bonus type of wagering requirements then even 20x wager is a difficult one.
However, it isn’t impossible, there are a thousands of players from a lot of countries who bets such requirements and withdraw huge winnings. Important point to understand is that we all here to enjoy the game not only for some additional cash.
Frequently Asked Questions
What does 40x wagering mean?
A 40x wagering requirement means you have to play with your bonus 40 times before you can make withdrawals.
How can I beat wagering requirements?
You need to place bets until you reached the amount which is required. Only after that you'll be able to turn your money into cash.
Is there any max bet restrictions?
Yes, usually each wagering requirement also includes info about max bet to prevent you from making big bets.
Igor Karpachev
Meet Igor, a seasoned professional in the world of crypto casinos, weaving together a tapestry of knowledge spanning journalism, gaming, and digital entertainment. Igor enjoys sharing facts and stats to help players make smart decisions in online gambling.
