When you get involved in the online gaming industry for the first time, there is a lot to take in. There are hundreds of sites out there, each of which has hundreds of games available to players. There is certainly some overlap in games, but a lot of those games are unique. As a result, it can be difficult for new players to figure out which sites they should be giving a try. One of the best ways to find great sites in Australia is to look for ones that offer great bonuses. Unfortunately, you cannot just look for sites with bonuses because almost all of them offer bonuses and promos of some sort. Since the online gaming industry is so competitive, sites need to offer bonuses to players to entice them to join their site. As a result, you need to know what to look for in the best online bonuses. As you look at various bonuses, there will be several bonus terms that come up. One that comes up more than you will like is the "wagering requirement." Wagering requirements are not great for players, but there are ways to beat them. Here we will teach you how to beat the wagering requirements so that you can make a profit.
What Are Wagering Requirements?
If you are new to the online gaming industry, you might not be familiar with wagering requirements. They are one of the bonus terms that you will come across the most when you are looking at bonuses and promos. Wagering requirements are restrictions put in place by online casino owners on their bonuses. These restrictions limit when players can withdraw their winnings. They require that players wager a certain amount of money based on the value of the bonus before they can make withdrawals. For example, if you had a bonus with a $10 value and 30x wagering requirements, you would need to wager $300 before you would be eligible to make a withdrawal. This is obviously not ideal, but there are ways to beat the wagering requirements.
How to Beat the Wagering Requirement
With "wagering requirement" being one of the least popular bonus terms for players to come across, it makes sense that you will want to find a way to beat them. When you are playing games at online casinos with wagering requirements, there is a good chance that the game will not be skill based. You will not be playing poker or blackjack; you will be playing pokies. As a result, you will not be able to reliably break even. The online gaming site will always have an edge, and as a result, your chances of turning a profit with your bonus are low. That being said, there are things you can do to improve your odds.
Firstly, you need to be conscious of which games you are playing when you are using your personal funds. When you are using your own money, you should stick to high RTP games. RTP stands for "return to player percentage," and it is one of the bonus casino terms that refers to the percentage of the time that players break even or better. There are games with RTPs of 97 percent and higher, so players can reliably break even in those games. Unfortunately, those games do not have high payouts. As a result, you will need to play high variance games if you want to hit the jackpot. You should use your bonus to play high variance games so that you can beat the casino wagering requirements.
When you launch a high variance game, you need to know that your chances of winning are not high. However, when you are playing with your no deposit Australian bonus, you are not at risk of losing real money. As a result, you can take a chance on riskier games. There is a good chance that you will not win, but if you do win, you need to know what to do. Many players will be tempted to double down after hitting the jackpot, but that is a losing strategy. Instead, you should immediately switch back to high RTP games to meet the wagering requirements. That way you can secure your winnings while meeting the wagering requirements.
Why Do Most Players Fail to Beat Wagering Requirements?
Despite wagering requirements being among the most common bonus terms for players to come across, most players do not know how to optimize their strategies to beat them. On top of that, many of the players that do know how to optimize their play make big mistakes. The biggest mistake players make is being greedy after hitting the jackpot. We briefly touched on it above, but it is important for us to reiterate how important it is to switch back to high RTP games after hitting the jackpot. Hitting the jackpot is not common, meaning it is far more likely that you will use up your bonus without making a profit. However, players that are lucky do not realize how lucky they were. You need to recognize your luck and get out before you lose everything you won.
Bonus Terms Associated with Wagering Requirements
If you are going to give yourself the best chance to beat the playthrough requirements, you need to familiarize yourself with other bonus online terms associated with them. The most significant term for you to look out for is "withdrawal cap." Withdrawal caps limit how much money you can with from a bonus. Since the best strategy for winning is to play high variance games with big jackpots, you do not want to claim bonuses with withdrawal caps. Doing so will limit the size of your winnings and reduce your return on investment.
The online gaming industry is one that has a lot of bonus terms for you to learn. One of the most important ones for you to familiarize yourself with is the "wagering requirement." Wagering requirements are great for casino owners, but not for players. As a result, you need to learn how to beat the wagering requirements. You can do this by being patient and lucky. However, you can improve your odds by looking for promos with low wagering requirements and no withdrawal caps. That should help you narrow down which sites you want to play on.