Publication date: 10 Oct 2023
A wager is a term that is commonly used in the world of gambling and betting. It refers to the requirements that are set by a bookmaker or online casino on how many times a player must wager their stake amount before they can withdraw accrued bonus funds or simply transfer them from a prize account to an ordinary account.
The idea behind the wager is to prevent the possibility of fraud on the part of the player. Without a wager, a player could simply place a bet, win and instantly withdraw their money without giving the casino the opportunity to verify its legitimacy or honesty.
The specific wager requirements can vary depending on the online casino operator or bookmaker. It is usually a number expressed as a multiplier, such as 10x or 30x. This means that a player must wager an amount equivalent to 10 or 30 times their initial bet before they can withdraw their winnings.
Example of using a wager in a casino
Let’s look at an example of how to use the wager in a casino.
Let’s assume that the player deposited 1000 roubles into his game account and received a standard bonus of 100%. In this case, the wager is x35.
To fulfil the conditions for wagering bonus funds, the user needs to make bets in the amount of 35,000 roubles. This amount is calculated by multiplying the accrued bonus by the value of the wager (1000 x 35). After meeting these requirements, the money will be transferred to the main account and become available for withdrawal.
Some operators may also set wagers on certain games or bet types. For example, bets on slot machines may have a lower wager than bets on table games such as blackjack or roulette.
The wager is an important aspect for players who want to claim their winnings. In addition, players should be careful not to abuse the wager system or they may be disqualified or limited in their withdrawal options. The game should always be based on honesty and fair play, and the wager is one of the tools to help ensure this.
Share it with your friends via favorite social media