1x Wagering Requirements: A Thorough Explanation

When it comes to online casino promotions, there is a certain terminology that potential players should familiarise themselves with. If you’re a newbie, you may be a little confused when you first read the terms & conditions of a casino offer. For this reason, we’ll present you with the most important terms related to online promos, along with their definitions.

Playthrough Requirements

The first is the playthrough requirement, which basically tells you how many times you have to wager the amount of the bonus or the sum of your deposit and received bonus. It is also possible to come across terms like wagering requirement and turnover condition, but they all mean the same thing. In the case of 1x wagering requirement deals, you only have to wager your deposit once, which is perfectly acceptable.

Stake in Gambling

The second word you might run into when reading the T&Cs of a bonus with a 1x turnover condition is the word stake. The latter is another word for the amount of your bet during your gameplay. High-rollers prefer higher stakes, and novices stick to more insignificant sums.

Minimum Deposit Requirement

Lastly, we have the phrase minimum deposit requirement, which is present in all deposit bonuses’ terms & conditions. As the name suggests, this provides information about the minimum sum you must add to your account to claim your bonus. Usually, the sum varies between 5 CAD and 30 CAD, but, of course, there may be certain exceptions.

As mentioned before, the wagering requirement of a bonus is one of the first things you must consider before claiming the offer in question. The 1x wagering requirement bonuses are a common choice among active Canadian players, as their turnover conditions are pretty simple. We’ll provide a simple example to make things as comprehensive as possible.

Let’s say you claim a bonus with a 1x wagering requirement by depositing 100 CAD into your balance. In order to be eligible to request a withdrawal of your winnings, you’ll need to complete the playthrough requirement. To do that, you have to wager the amount of your bonus only once. In other words, if you claim a 100% match deposit bonus, you’ll get 100 CAD in bonus funds, and you must wager this sum only once.

Now that you know what is a bonus wager rate, we recommend you take a look at the table below. It displays the specifics that are typical of 100% deposit bonuses with a 1x wagering requirement.

We’ve researched the most common terms casino players may run into while examining bonus requirements at gambling platforms. One of the most vital ones is game weighting or game contribution. Simply put, this refers to the contribution rate different games have for the fulfilment of the wagering requirement. Slots, for example, usually have a 100% weighting. Nonetheless, there may be certain exceptions, depending on the casino terms for contribution.

Table games and live dealer games are not the best choices for the completion of a playthrough stipulation. The reason is that they don’t usually have a 100% contribution rate. Information about the different gaming products is available on the respective casino T&C page on the site.

The time limit of a deal or its validity period indicates how many days or weeks you have to fulfil all terms and conditions. If you fail to do that in the given period of time, all your winnings will be forfeited. The potential winning cap is another thing you have to research in advance.

Some 1x wagering requirement bonuses have predefined stipulations concerning the maximum amount you can win from a promotion. Put differently, even if you manage to win 600 CAD, if the winning cap is 500 CAD, you’ll only be able to withdraw 500 CAD. That’s one of the reasons why reading the terms & conditions of a casino in advance is very important.

Many new players fail to get acquainted with the full terms and conditions of 1x wagering requirement deals. One of the most common mistakes they make is not to check the validity period of a bonus. Certain offers are only available for a couple of days, and many players fail to meet all stipulations in the given period of time.

As you already know, if you don’t complete all requirements on time, you won’t be able to withdraw your winnings, as the operator will deduct them from your balance. This often leads to extreme disappointment and loss of a lot of money you can’t reclaim.

To avoid the disappointment of not meeting the full T&C due to a lack of understanding, we recommend you spend enough time reading the requirements of the bonus you’re fascinated with. Being fully aware of the stipulations of the offer will contribute to smoother and enjoyable gameplay.

If you believe you can meet all the requirements, you won’t have to worry about not meeting them. Instead, you’ll have fun working toward the completion of the turnover condition and will get to test numerous games by using your bonus money.