If there’s one element of bonus terms and conditions that often confuses casino players, it’s wagering requirements.
Simply put, if you claim some free credit as part of a welcome deal, or claim money from a free spins package, you’re going to need to pay back a certain amount into the casino before you can make a withdrawal.
It’s the same at most casinos now, which is why it’s so important to read terms and conditions carefully! What sets Tonybet Ireland apart from the rest in this respect is that we keep our terms really simple and upfront.
That said, there are still a few ways that you might make mistakes when trying to adhere to wagering requirements. In this guide, I’ve put together some of the most common issues that players have when wagering back, along with tips on how to avoid falling into those traps!
Explore Tonybet Ireland’s packed stack of promotions (and make sure to read the T&Cs!).
Ignoring the terms and conditions
This is a big one, so let’s cover it first! Even if you regularly play at online casinos and know how wagering requirements generally work, terms and conditions will vary from site to site.
For example, some casinos may ask for 50x wagering on your bonus amount only, while others may apply higher rates to your deposit and bonus – if you don’t read the terms and conditions, you won’t catch this.
So, although terms and conditions are no one’s idea of a fun read, you must read, digest and understand them before starting to place wagers.
As mentioned, TonyBet’s wagering terms and conditions are simple to understand, meaning that you won’t be in the dark for long!
Betting above the max limit
Max betting limits are, as the name suggests, limits to how much you can bet to wager back in one go. For example, you might only be able to bet €5 at any time to pay back towards wagering.
Some players, however, might gloss over the max limit and instead end up betting much more on games to try to clear wagering quickly. Not only is this pointless, but it’s also wasting money unless you actually want to make that bet.
Always read wagering terms carefully so that you know how much, maximum, to bet towards the amount you need to clear.
Playing ineligible games
Sometimes, you will need to play certain games to fulfil wagering requirements. For example, playing slot games may pay 100% towards your wagering total yet to complete, while playing table games might only pay 25%.
In some cases, there may be games that don’t pay towards your wagering total at all – and unless you have realised this by carefully reading the terms and conditions, you might end up playing more money than you wanted to via ineligible games.
So, again, read the fine print!
Making early withdrawals (and not tracking your progress)
It’s always a good idea to keep track of how much time and money you spend playing casino games online, and this is absolutely the case when it comes to tracking your wagering requirements – otherwise, you could end up seriously disappointed.
Say you have €100 in your account that you’d like to withdraw, and you assume that you’ve completed wagering, or that you’ll be allowed to take this amount away. When you go to withdraw it and you’re refused access, you’ll probably be pretty frustrated.
The best way to avoid annoyances like this is just to make sure that you’re keeping track of what you’re spending and what’s left to pay off on your wagering total.
A good start to this strategy is, of course, to calculate the amount you’ll need to wager back to withdraw before you start playing.
- So, for example, let’s say you’ve claimed a bonus amount worth €100, and you’ve deposited €10 to get it.
- Now, let’s say the wagering requirements for your bonus stipulate that you need to play both your deposit and your bonus back into the casino 50x before you can make any real cash withdrawals.
- This means that you’ll need to play back €5,500 before you can take away any money. It is crucial that you calculate your wagering expectations before you accept a deal.
We never force deals on you, whether you’re starting out or have been playing with us for a while. You’re always free to opt out when you sign up with our ‘No Bonus, Choose Later’ option. There’s no pressure!
Relying on luck instead of strategy
It’s easy to assume that you’ll be able to clear wagering requirements in no time when luck is on your side. However, as we always say to our players, you can never guarantee that luck will smile upon you!
All Tonybet games are completely randomised, meaning that luck is never something you can bank on – and remembering this is your first step towards building a healthy attitude when playing real cash games in general.
At the same time, I know what you might be thinking. No, there are no shortcuts to completing wagering! However, there are a few strategies that are worth following if you want to navigate wagering back as smoothly as possible.
- Opt for low-stake bets with stronger odds.
- Don’t chase losses and limit your play time.
- Stick to games with the highest wagering payback (this is typically slot games but may vary).
- Avoid taking on additional bonuses or deals while you wager back your initial amount.
- Don’t play jackpot games for the sake of doing so, assuming that large prizes will help you achieve wagering.
Not understanding wagering lingo
It is sometimes difficult to navigate areas of casino terms and conditions because they are bogged down in details and specific terms! Therefore, it’s always wise to try to learn what different phrases and words mean before you dive into a deal.
Here’s a quick rundown of some of the most common phrases and terms you’ll spot when reading up on wagering for most casino deals:
- Wager: This is otherwise known as a ‘bet’ – it’s the amount you pay.
- X: This is the multiplier, meaning that the number that comes before it stipulates how many times you need to wager back (e.g., your bonus amount by 30x).
- Bonus amount: This is the money you receive directly from a deal, such as a welcome bonus.
- Initial deposit: This is the money you pay in to activate a deal, which can sometimes be included in the amount you need to wager back.
- Percentages: In some cases, casinos will let you wager back a certain amount of your money back on specific games towards your total. So, sometimes 100% of your slot wagers will count towards the total, while only 25% from casino tables will count.
- Max bet limit: This is the maximum amount of money you can wager in one go for it to count towards your wagering total.
Wagering requirements can be tricky to navigate sometimes. However, we really do pride ourselves on being upfront and clear on everything you can expect from our promotions.
Be sure to carefully read the terms and conditions of any deals you accept from us, and as always, let us know if you need any help!
Head to Tonybet’s casino and check out our latest games and deals.