When trying to choose an online casino, you only see BONUS everywhere, but it can be quite tricky to find out which conditions come with this free money. We’ve taken a look into the top online casinos for Canada and checked their terms and conditions for you, so you can start seeing the trees in the woods and don’t have to spend hours researching on your own.
Wagering requirements can vary from bonus to bonus (e.g. signup bonus, an ongoing promotion, several bonus offers on your first few deposits, free complimentary bonuses given to your by the casino support team, and the list goes on) – requirements stated below are for the 1st available bonus offer for new players and it is stated if wagering requirements change for different bonuses in the CAUTION tab.
Also, be aware that some casinos apply wagering requirements only to the bonus amount, while others apply it to your whole balance, your initial deposit AND the bonus. Depending on how high your initial deposit is, you are usually better off with offers that apply playthrough only to your bonus balance.
Usually slots count 100% towards wagering requirements – there are explicit CAUTION notes on casinos that have worse conditions – e.g. wagering requirements are stated to be only 5x, but it counts only 25% towards any game – you gotta be careful when reading terms and conditions and make sure you don’t miss these details! In general if you have bonus you should play slots, as in most cases other games contribute less or don’t count at all towards wagering requirements. Make sure you check the individual game contribution tables if you want to play a different game.
How the wagering requirements work
Online casino wagering requirements usually specify a certain total amount of money you’ll need to wager before you can finally withdraw your winnings.
For example: if a casino offers a welcome bonus of $50 for a $10 deposit and the bonus is subject to a 60x playthrough requirement, then it means you’ll have to wager a total of $3, 000 ( $50 x 60) before you can withdraw your winnings.
Depending on the casino, sometimes both the bonus and deposit may be subject to wagering requirements. In such a scenario, you’ll need to wager a total of $3, 600 ($60 x 60).
So, this basically means— even if, for instance, you win $5, 000 after spending just $10 wagering, you’ll not be eligible to withdraw your money until you spend an additional $2,990 or $3, 590.
Please note that the wagering requirements also have a time limit attached. For most casinos, the welcome bonus offers are valid for about 7-30 days. If you fail to meet the requirements within this period, then you won’t be able to claim the bonus.
Where to find a casino’s wagering requirements
Standard Terms and Conditions — they are usually located at the bottom of a casino’s main page. The T&C page is often detailed with multiple selections, so you might have to look for the wagering requirements under the sign up offers’, promotions’, or withdrawal rules’.
The promotion’s small fine print — most casinos offer a small fine print containing terms and conditions’ for certain promotions. Here, you’re bound to find the wagering conditions.
Customer Support Team — if you’re not able to locate or understand the wagering requirements, the best course of action is to contact the customer support staffs. A large number of online casinos have a customer support that operates 24/7 and reachable via toll-free telephone numbers, email or live chat feature.
Why wagering requirements are necessary
While many players may see wagering requirements as a bit of an annoyance, these restrictions are extremely important to the gambling industry. If they were not implemented, some devious members would simply withdraw all the bonuses they are offered and run away without bothering to play. In fact, this was a common practice during the early days of online gambling, so casino operators had to introduce the wagering requirements to avoid any exploitation and manipulation.
Without wagering requirements, players would definitely be left in a world without welcome bonuses and promotions.
Another reason is that, casinos want players to try out a selection of the games offered and find the ones that suit their taste and bankroll so that they can come back another time.
[table id=1 /]