20x Wagering Requirements: A Thorough Explanation

Let’s start off with casino sites promotions for Canadians! They’re widely available nowadays; the vast majority of online casinos now feature some sort of a welcome offer… and every welcome offer has a certain set of rules players need to follow.

These rules are clearly established on the Bonus Terms and Conditions page. Most common rules revolve around wagering requirements, time restrictions, minimum deposit amounts, and similar. As the title suggests, we’re here to address the wagering requirement AKA playthrough rate.

The wager requirement represents the number of times a player has to wager through the funds (just bonus, or bonus plus initial deposit) to be eligible for a withdrawal. The most common wagering rates are 10x, 20x, and 30x. These are considered the “easy” bunch, though some casinos go as high as 100x.

A big misconception about wagering requirements revolves around the way they’re set up. Some casinos only require players to wager through the bonus amount they claimed, while others require them to wager through the deposit amount and bonus amount. More on that right below.

Lots of people are asking the same question – what is bonus wager rate? They’re not talking about the theoretical part; no issues there. They want to learn how to crunch the numbers.

That’s why, in this section, we’ll give you some concrete examples of 20x wagering rate for online casino bonuses.

Let’s say you got a sweet 100% deposit match at 10x wagering and you ended up depositing $10. To withdraw the bonus funds (and your winnings), you’d have to wager through quite a bit. What’s the exact number? Well, that depends on whether the casino counts only the bonus or the deposit and bonus together as the wagering amount. You can find that info in the terms and conditions.

• If the T&C page states that just the bonus needs to be wagered, you’d have to wager through $100 to complete the requirements and withdraw the funds.
• If the T&C page states that the wagering amount is bonus + deposit ten times over, then you’d have to wager $200 to complete it.

Here’s a table with two examples with a slightly larger deposit:

Obviously, fulfilling the wagering requirement is not as easy as it might seem at first. Even a 10x requirement can cause issues for experienced players. 20x playthrough takes things up a notch and usually requires a strategic approach and smart gameplay.

There are several pitfalls beginners fall into when trying to complete the playthrough requirements. They are as follows:

• Not understanding the bonus: This typically comes as a result of players not reading the bonus terms and conditions.
• Forgetting to track your playthrough progress: Players can check their wagering progress by going to their casino account page.
• Failing to complete the wagering rate in time: If this happens, you’ll lose all of your accumulated bonus funds.

Folks who truly understand the problems behind wagering requirements and their importance within casino bonuses will have the highest chances of actually withdrawing their funds.

Let’s repeat the key takeaways here and wrap it all up:

• Don’t rush through your bonus playthrough. Be patient, give yourself enough time and the results will come naturally.
• Remember to always opt for high RTP bets. Even though the differences in percentages don’t seem like much, they add up over time. Knowing this will greatly help your cause.
• We hope you now understand that high-volatility slots aren’t the best choice for completing your bonus playthrough requirements. Your main goal is to play as many rounds as you can, so your best bet are low-volatility slot machines.