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Why Online Casinos Have Wagering Requirements

31 August 2011 by admin

Wagering requirements are something that a lot of new online gamblers don’t understand. They look at it as a way of taking the good deal away from the bonus or they look at it as a way of the casino being greedy. Here at OnlineCasinoSuite.com, we are dedicated to setting the record straight. Sure, casinos can be greedy (making money is their goal), but that’s not the reason for the wagering requirements.

Your average new player sees a bonus and is excited. Wow, a free $2,000! What a great deal, they think. But then they see the terms and conditions. What, I must wager the bonus 25 times before making a withdrawal? Why?

To answer the average player’s question, I will show you what a scheming, fraudulent person thinks when they see a bonus. Whoa, a free $2000. That’s great. I’ll just join a bunch of online casinos, take the free money and then laugh my way to the bank! Oh, wait. I can’t do that because I must wager it at least 25 times.

In the early days of the online casino industry, the casinos offered sign-up bonuses and did not have any wagering requirements. People took advantage by signing up for casino after casino without ever playing at any of them simply so they can take the bonus money. The wagering requirements are to protect against that. The purpose is simply to get you to use the bonus as they are intended: to wager on casino games. The bonuses are a reward for joining or playing at a casino and are intended to help you play more games for less money. Taking that into account, the wagering requirements are (usually) not bad.

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