Wagering requirements are also known as playthrough requirements and this is something that you must complete before you can withdraw your bonus winnings. Very few online casino bonuses have zero requirements attached to them and you will find that most wagering requirements can be anywhere from 30x to 50x times the bonus amount.
You can occasionally find some online casino bonuses with 10x to 20x wagering requirement and the worst bonuses are the ones that come with a steep 60x wagering requirement attached. Let’s just say that the casino is offering each new player a 100% matching deposit bonus worth up to AU$400 with a 30x times wagering requirement.
This means that the casino operator will match your deposit dollar-for-dollar up to the value of AU$400. The minimum deposit amount is usually just AU$20.00 and if you deposit this amount it means that you will end up with a total of AU$40.00 to play with including your initial AU$20.00 deposit and the AU$20.00 bonus.
You would then need to wager the AU$20.00 bonus amount at least 30 times and you also generally have to wager the deposit amount as well. Using the same example above, this basically means that you would need to wager AU$620 (AU$20 bonus x 30 wagering requirement + AU$20 initial deposit). Don’t forget that your wagering requirements usually must be completed within one week or within a maximum of one month.
If you fail to complete your wagering requirements within this time, any winnings that you have made from your bonus will simply disappear and players will often be left with their initial deposit amount. All of the bonuses that you can find at our top-rated Australian casino gambling sites have relatively low wagering requirements which they shouldn’t take too long to complete.
You don’t have to accept a matching deposit bonus and if you don’t accept the bonus this means that you won’t have to complete the wagering requirements. However it also means that you won’t have any bonus cash to play with. The winnings that you can make from a matching deposit bonus is also usually capped at AU$100.00.
If you want to take advantage of some amazing online casino bonuses right now, head over to Gaming Club Casino, Lucky Nugget Casino or Casino Mate and register your free account. In addition to the free bonus cash that these top Microgaming casinos are currently offering new players, many of these casinos are also now including loyalty rewards points and free spins for selected pokies as part of the initial sign up bonus.