So if you’re hoping to use your bonus money, do check the list of eligible games to see whether it’s worth playing at that casino at all. On the other hand, table games and video poker offer greater odds of winning, though you might only get 10%-20% on those. For example, slots usually count for 100% of the bet value. It’s also worth noting that some casino games will count towards the wagering requirements more than others.

It’s usually represented as a multiplier, along with a time frame that you have to meet the requirements within, or you risk losing your bonus funds. It is a condition set by the site that specifies how much you need to bet in order to withdraw any winnings earned using the bonus money. This is what’s often referred to as a wagering requirement. While this is technically “free money” you’re receiving just for being a customer, each casino bonus comes with some strings attached before you can turn that bonus money into real money that you can withdraw. These benefits show up in many forms – from doubling your deposit to giving you a certain amount in free bets. When you sign up for an online casino or sports betting site, you’re likely to get an incentive as a new player in the form of a welcome bonus or other casino perks.

Now that we’ve answered the question “what is wagering?”, let’s move on to another common phrase at casinos and betting sites – wagering requirements. Bets can also be made on non-sporting events, such as who will win an election or whether a particular movie will be a box office success. Wagering can focus on a single game or an event, or even mean betting on the results of a whole season. So, by that logic, wagering is betting on an outcome by filling a paper or an online betting slip. The person who makes the wager is called the “bettor” or the “punter,” and the amount of money wagered is called the “stake.” The company that takes the bet is called the “bookmaker” or the “sportsbook.” Wagers and Wageringīefore we can talk about winnings and chances, we need to ask and answer one simple question – what is a wager?Ī wager is a bet placed on the outcome of a sporting event. You will also learn all about the terminology modern casinos and betting sites use, and how to calculate the playthrough rate and what bonus offers to avoid. These are the questions this article will answer. What does “wagering” mean? Why do you get bonus money but can’t cash it out right away? But for those who are new to the world of sports betting, the terminology can be confusing.

For many sports fans, the allure of betting on a game is irresistible.

What does plus 750 mean in betting