10x Wagering Requirements: A Thorough Explanation

Before claiming any offer that grasps your attention, learning everything about its specificities is vital. As you probably know, all casino sites with promotions have different requirements. In the case of 10x wagering requirement deals, all offers require customers to wager the amount of their bonus ten times. This is also known as the playthrough condition. Allow us to mention that without the completion of this stipulation, you won’t be able to withdraw your winnings.

Maximum Bonus Amount

Another key term to remember is the maximum bonus amount. This indicates the highest possible bonus amount you can get when you claim the offer in question. In other words, if you claim a 100% bonus of up to 500 CAD, regardless of your deposit, at the end of the day, you won’t receive more than 500 CAD.

Minimum Deposit Requirements

The minimum deposit requirement offers, on the other hand, refers to the lowest acceptable sum you can deposit in order to receive the respective bonus funds. If you make a deposit that doesn’t meet this condition, you won’t get any bonus perks.

Stake AKA Total Wager Amount

The word stake is another common term in online gambling. It regards the total amount you wager during every turn while you play on the platform of your choice. High-stakes users prefer playing with larger sums to complete the wagering requirement faster. However, you should always be responsible with their stakes.

If you want to know what is playthrough requirements, we suggest you read the following lines. It’s vital to learn the right way to calculate the wagering rate of promotions before taking advantage of them. In the case of 10x turnover condition deals, players should gamble the total amount of their bonus ten times.

For example, let’s say you claim a 200% match deposit bonus with a 10x wagering requirement. If you add 100 CAD to your account, you’ll receive 200 CAD in bonus funds. In order to complete the predefined playthrough requirement, you must wager a sum of at least 2,000 CAD. That’s the case if the bonus requires claimers only to gamble the amount of the bonus.

Some offers have a turnover condition that applies to the amount of the bonus + the deposit. If the deal in question had such a requirement, you’d have to play until you stake a total of 3,000 CAD.

Apart from the turnover stipulation, you should get familiar with the rest of the bonus requirements of the deals you’re interested in. Every offer has a time limit or a validity period. It indicates how much time you have to meet all conditions before the operator withholds your bonus winnings. Every brand has different casino terms, so reading them beforehand is a good idea.

Moreover, casino games have different contribution rates or weighting. The latter is a term that refers to how much a specific gaming product will contribute toward the fulfilment of the 10x wagering requirement. Most slots have a 100% contribution rate, but live dealer games and some table games usually contribute 10 or 20%. You can find additional information on this subject on the Casino T&C page on the respective platform.

We advise everyone to read the full terms & conditions of a casino website before making use of any promotion listed there. It’s possible for brands to have specific stipulations you may disagree with. For example, some operators have bonus caps on offers, meaning you won’t be able to withdraw more than the predetermined winning cap. This is a major disadvantage for many high-rollers, and they usually avoid claiming such promotions.

Not getting thoroughly familiar with the rules of a 10x wagering requirement deal hides its risks. The most considerable disadvantage you might experience is being unable to withdraw your winnings. This happens when you fail to complete the stipulations in the given period of time or request a withdrawal before fulfilling the 10x wagering requirement.

In such a case, you’ll lose all your winnings and won’t be able to take them back. Many new gamblers neglect the importance of reading the full T&C page of a bonus, which results in the complete loss of bonus funds and winnings generated from them.

You already know what may happen if you don’t read the T&C of a 10x wagering requirement deal. However, if you spend enough time getting acquainted with the rules of a bonus, you’re pretty unlikely to have any issues while working toward the completion of the requirements.

If you consider your budget in advance and your spare time to play, you’ll surely have a great time working toward fulfilling the 10x turnover condition. Plus, if you play your cards right, you’ll be able to withdraw your winnings before the end of the bonus validity period.