What is a Poker Bonus Wagering Requirement?
There are many Internet gambling websites out there, all vying for your business and trying to stay competitive. That's why most of them offer special bonuses and promotions to their customers as an incentive to join and stay a while. Sometimes the site matches whatever money you deposit to help pad your bankroll, and sometimes they give you free money with no strings attached in order to encourage you to indulge in hours of gaming. Unfortunately, when this all came into style, the casinos lost money to those who abused the system by opening multiple accounts. They therefore instituted some rules to cut down on fraud. Here, you'll learn about poker bonus wagering requirements and how they work.
The basic structure in an average casino is that the player must wager a certain percentage of the deposit amount before being allowed to cash out any winnings. The percentage varies from company to company, so it's important to read the terms and conditions before accepting any promotions that might come your way. You can usually find this information in the site's FAQ section easily, so don't worry about any fine print being hidden from you. Look at several different establishments and compare their offers to find the best one that will be most helpful for you personally.
If your favorite site has 15x poker bonus wagering requirements, this means that you have to bet 15 times the amount of your initial deposit before you are able to cash out. If you deposited $100 and were awarded a 100% matched bonus, you would have a bankroll of $200 and you would have to wager $1,500 before cashing out. Although this sounds rough, it is encouraging of fair play and protects the house from fraudulent activity.
Just to throw in a little extra depth, some companies assign different percentages to different games, making certain games "worth" more or less of that particular percentage. It is fairly common for slot machine games to be worth 100%, but if you would rather enjoy poker, you may get a lower percentage like 40%. For example, when you play a poker game that is worth only 40%, every time you bet $100, it will only count $40 toward your fulfillment. This is why it is so important that you find out exactly what is required of you to use the promotions on your favorite games before you start spending your hard earned money.
Now that you know exactly what is expected of you once you accept that special bonus promotion, you will have a better idea of which ones you want to take - and which ones you have no problem leaving by the wayside. If you find the right one, you will notice that it really boosts your bankroll and helps you see long term results. Just read the terms and conditions carefully and compare several different offers from various reputable sites before you use a poker code online so you will know exactly what you can expect.
