Published: September 27, 2018
The Northern Beaches Council (a local government sect in New South Wales) has backed a proposal that aims to reduce the number of pokies ...
The wagering requirement (aka playthrough requirement) is a standard policy which is attached to almost every online casino bonus today and it is something that you must complete before you can cash out any winnings that you happen to make from your bonus cash. If you don’t complete these wagering requirements within a certain amount of time, you will lose all of the bonus winnings that you have made.
Some online casinos will give you just one week to complete them, whereas other online casinos will give you up to one month to complete them. Let’s give an example of how this particular policy works. Almost every online casino today will offer each new player some kind of welcome bonus. This could be a 100% matching deposit bonus worth up to AU$100. Therefore if you deposit AU$50, the casino will give you AU$50 in bonus cash, giving you a total of AU$100 to play with.
This particular bonus that you just accepted might come with a 35x times wagering requirement (which is fairly standard). In other words you would have to wager a total of AU$1,750 (AU$50 bonus cash x 35 wagering requirement). You may also have to wager the initial AU$50 deposit on top of the AU$1,750, meaning you would have to wager a total of AU$1,800 before a withdrawal is possible. Having to wager the initial deposit amount as well as the bonus amount is also a fairly common policy with most online casino bonuses, but not all.
You can forfeit your bonus at any time and if you do decided to forfeit, the bonus cash will be taken away and you will be left with your initial deposit. If you want to see how much cash you have left to wager before you complete your wagering requirements, you can generally either find this information in the My Account area of the casino (when logged in to your account), or you can contact the support via Live Chat and they will be able to tell you how much cash you have left to wager.
Very few online casino bonuses today come with ZERO WAGERING REQUIRMENTS, but these kinds of bonuses do exist, so always keep your eyes open for them. In fact, most online casino bonuses today have wagering requirements ranging from as low as 20x times the bonus amount up to usually no more than 60x times the bonus amount. At many of our top-rated Australian online casinos, you will find that the wagering requirement for most bonuses is usually between 30 and 50 times the bonus amount.
Published: September 27, 2018
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