If you're new to mobile gambling, you may come across a few phrases that you're not familiar with.
One of the most common of these phrases is ‘wagering requirements' and although you might have a vague idea of what it means, it's important you fully understand what it is as it's integral to getting the most out of your gambling experience.
That's why we here at GoWin we have provided a guide on how best to use wagering requirements and what purpose they serve at a mobile casino.
What Are Wagering Requirements?
So the first question you're probably asking is: “what exactly are wagering requirements?” Well, first of all, we have to clarify what we mean by a “wager” – basically, it's the posh word for “bet”. So all you need to do mentally is translate the term into “betting requirements” and the term already becomes much clearer.
Now you're probably wondering: “but why are there requirements for making a bet? Can't I just bet what I want?” Well, technically you can. When we say wagering requirements, what we mean is the minimum you need to bet in order to claim your bonus winnings.
For most bonuses, it's not enough to simply withdraw them into your account. Neither can you withdraw your deposit relating to said bonus or the winnings you get from the bonus – you must complete the wagering requirement first. This is so we can make sure that you get your money fair and square. It may sound like a pain but it really isn't; think of it as a procedure. And the sooner it's all done, the quicker you can claim your winnings!
How Do Wagering Requirements Work?
Now we understand what wagering requirements are, it's important to know exactly how they work and where to look out for them. Here at GoWin casino we currently offer a deposit bonus of up to £850 on your first three deposits.
But, if you look closely, we don't just offer £850 to somebody who pays 1p into their account. Notice the little asterisk (*) next to the word BONUS? That's shorthand for taking a closer look at the terms and conditions. If you deposit £50 then we'll triple it so that you have £200 to play with.
This is why we've added the little “30x wagering requirement” in small print, meaning the bonus funds all have the wagering requirement of 30x the relevant value of the deposit and bonus money that's granted. So basically, you can't get the money unless you've bet 30x of the free cash you've been given. The minimum deposit is £10 each time and the maximum deposit depends on how many times you've deposited.
How Do I Find Out Wagering Requirements?
Our one piece of advice is to always look at the terms and conditions. If you're signing up at GoWin casino, it's best that we be honest with you and let you know what you're in for. However, we cannot be held accountable if you go into a signed agreement without having read the paperwork first.
We hate to be a bore, but it's necessary – not just for our protection but for yours too. But once you're signed up, by all means have fun! We hope you enjoy that £850 bonus we have in store for you.