Wagering Requirements for online betting and casino
One of the biggest benefits of playing at an Indian online casino or sportsbook is the prospect of accessing bonuses. While most players would fancy taking advantage of these incentives, they should also pay attention to wagering or rollover requirements. Wagering requirements are usually a vital part of a casino or betting bonus. Mostly found the terms and conditions; they could easily limit you from accessing your bonus winnings. Any player should therefore make a point understanding the wagering requirements. Wagering requirements essentially describe the number of times you should play through the given bonus to make a withdrawal of your winning. Rollover requirements are essentially a safeguard to ensure that players do not only withdraw the bonus without having a taste of what the games offer.
Why Wagering Conditions Exist
It is worth noting that casinos and sportsbooks, just like any other enterprise, are in the business of making money. So dishing out cash to any player on their site might not be a good idea. Wagering requirements were introduced to encourage players to wager their bonuses before converting them into real cash.
How Wagering Requirements Work
Wagering requirements are often misunderstood. Someone might think that your balance should reach a certain point before you can withdraw your winnings. However, wagering requirements essentially describe the number of times you should play through or wager your betting bonus amount. For instance, a 5X wagering requirement of 20 rupees means that you have to wager a total of 100 rupees with your bonus amount.
Bonus Wagering Requirements
Wagering requirements are easily understood when they are attached to a deposit bonus. You only need to multiply the bonus with the wagering requirement and get your total. Wagering requirements tend to be relatively relaxed for sports bettors. Cricket bettors in India, for instance, can take advantage of a host of other wagering requirements.
Free bet wagering: Most Indian sports betting sites offer free betting. Free bet wagers tend to be a lot more relaxed considering that the player is only required to wager with their bonus amount once, with minimal restrictions. However, these bonuses have a winning cap, which is essentially the maximum amount you can win from the bonus.
No wagering: Bonuses with no wagering requirements are not common, but they are at times an option. No wagering essentially means that players can withdraw the bonus without doing anything.
Besides wagering requirements, you also need to pay attention to other terms. Failure to play by the rules means that you risk losing your bonus and winnings attached. Some of the rules could include:
- Time restrictions that require that you wager your bonus within a specified time
- Maximum wager or the maximum bet allowed from the bonus
- Maximum win
Indian casinos and betting websites are always coming up with new ways of luring new players to their sites. Not all sites are equal when it comes to wagering requirements. When it comes to Indian sportsbooks, some might have high rollover requirements but fantastic returns. On the other hand, there are some with low wagering requirements but have capped withdrawal limits. Therefore, it is best to do your homework to ensure you choose a casino that works for you.