According to statistics, thousands of new online gambling establishments are launched daily. Fierce competition dictates the need to use a variety of tools to attract and then retain gamers.
Wagers can be called one of the most successful and effective strategies for the retention of gamblers. By providing players with various bonuses and rewards, you give them an excellent motivation for starting the gameplay. Besides, it is a chance to fully win the attention of visitors.
In this article, we will find out what is a wager in a casino and how to retain gamers, name all the casino wagering requirements, and describe the main nuances of using various bonus systems in online gambling establishments.
It is possible to get detailed information on the modern tools for the attraction and retention of gamblers and order a package of services that will support your project from Gaminator Casino, which offers the best options that can significantly expand and strengthen your business.
“Wager” is an English word, and its closest synonym is “bet”. As a rule, players associate this concept with money received from the participation in various promos, free lotteries, and bonuses.
A closer examination of the issue makes it clear that gambling establishments never simply give away money. To cash out their winnings, gamblers need first to wager the offered bonus.
What is a wager? In simple words, it is a certain monetary adding that is made to show visitors all the advantages of a gambling club and make them spend more time playing. However, nobody can get a “gift” without wagering.
A concept of the wager appeared many years ago and is aimed at achieving two goals simultaneously: attraction of the attention of gamers and the fight against fans of “easy money”. Casino wagering requirements and the wagering system were designed to protect casinos from the smooth withdrawal of bonuses and, consequently, significant financial losses.
A wager bet is calculated according to the proven formula:
The size of a bonus multiplied by the winning coefficient equals the size of a wager bet.
The winning coefficient is displayed in the format of x40, x50, and higher. The most popular and common option is x40. Such a parameter assumes the necessity of wagering the size of a bonus in the amount of forty times. Otherwise, to transfer funds to the player’s account is not possible.
A simple example — a user received a bonus of one hundred dollars. With a factor of x40, he should place a bet, the size of which is four thousand dollars (one hundred multiplied by forty).
Casino wagering requirements appeared to fight against bonus hunters (users who want not to enjoy the process of gambling itself but to deprive funds of a casino website).
The online platform always has strict control over the wagering conditions. At the same time, there is also a policy of non-intervention in the gameplay directly. If casino wagering requirements have been violated, the size of a prize may be reduced or there will be no award at all.
Quite often, casinos impose a double wager: the percentage of the granted amount of money and of the deposit that was made by a gambler. In this case, gamers will have to wager a larger sum. Accordingly, the time spent by visitors of the gaming site will increase significantly.
The value of a bet is calculated with the help of the following formula:
(a bonus plus a deposit) multiplied by the winning coefficient
For example, a player deposits one hundred dollars, and a casino provides a bonus of the same size with the coefficient of x35. Accordingly, the wager bet is (100 + 100) x35 = 7000 dollars.
It has to be remembered that bonus money wagering does not have a single standard — to guess the website policy in advance is completely impossible (detailed rules and nuances of this procedure are specified only before the start of the game in a particular gambling establishment).
A cycle of free spins is one of the most popular bonus charges without a wager. At the same time, casinos can impose certain restrictions (the number of spins, a certain size of the deposited funds or access only to the offered slot).
The second most popular solution is a small percentage for the replenishment of a game account (no more than 10% of the deposited sum) or the provision of coins. It will give you an opportunity to play longer but it prohibits the withdrawal of funds to personal wallets of gamers.
In case the loss of additional prize is not a big deal for a user, he can ignore the presence of a wager. Visitors can cancel the bonus charge if, during the gameplay, there were no bets placed with bonuses.
Before making a final decision on whether to use a gift or to refuse, gamers should keep in mind the following nuances:
Many gamers have a wrong opinion about wagers. If a casino intends to encourage and retain players, they are provided with a wide range of positive aspects:
It will be very easy to evaluate a gambling platform if you select a no deposit bonus. A free game can show you the quality of the software, the level of functionality, and the range of entertainment solutions. When wagering at least part of the amount, a gambler can also see that money transfers are carried out in a prompt manner.
Nobody can guess all the nuances of the gameplay. Players need to rely only on luck and try it.
A wager gives you an opportunity to place very high bets. Accordingly, the chances of winning will be increased significantly. And if you lose, it will still be better to lose your own money.
A wager will “sentence” a gambling club to a regular expansion of its audience, effective retention of gamblers, and, at the same time, reliable protection from those who like to get “easy money”.
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