Wagering requirements are a set of parameters a player is required to meet in order to withdraw winnings earned utilising a deposit match bonus amount. These parameters are put into place by online casino providers to ward off bonus abusers and to ensure a symbiotic player/casino relationship.
Wagering requirements are only applied to percentage-based deposit match bonuses. Deposit match bonuses award players with a percentage of their deposit in bonus credits. In a player's casino account, credits are then split into a "Bonus Amount" (the credits awarded from the percentage match) and a "Cash Amount" (the credits purchased with the player's deposit). Any gameplay will automatically utilise the bonus amount first. Once that amount is finished, a player will then begin playing through their cash amount.
If during gameplay a player is lucky enough to receive winnings, they will be required to fulfill a 30x wagering requirement for a standard deposit match and a 40x wagering requirement for welcome deposit matches before withdrawing their winnings. Once the wagering requirements have been fulfilled, the amount will be transferred from the player's bonus amount to their cash amount thus, making the funds eligible for withdrawal.
How to calculate wagering
Let's say, for example, that a player makes a first deposit at Platinum Play of $10. A first deposit at Platinum Play receives a 100% match bonus, awarding the player with $10 in bonus credits. As welcome match bonuses carry a 40x wagering requirement, the player will be required to wager through $400 in order to be eligible to make a withdrawal on any winnings.
Following the above formula, players can quickly and easily calculate the wagering requirements for any deposit match bonus.
When fulfilling a set of wagering requirements, not all games will contribute equally. The table below details how much each game will contribute to wagering requirements per credit wagered.
Slots and parlour games (Keno, Scratch cards)
Table poker games and Casino War
Texas Hold’em Bonus Poker, Sic Bo, Wheel of Riches and all roulettes
Video poker games, craps, baccarat and all blackjacks except Classic Blackjack
Classic Blackjack and All Aces Video Poker
As an example, if a player wagers 1 credit on their favourite slot, they will earn 1 credit towards wagering. However, if that player then plays roulette, they will recieve just 20 cents for every $1 wagered.
Looking for more casino information? Take a look at how best best to choose a slot at Platinum play casino.