No Deposit Bonus Wagering Terms
Whenever you go to claim a no deposit bonus, you need to worry about the wagering terms that are attached to them. Wagering or playthrough terms attached to no deposit bonuses can severely limit what a player can do with the offer. As a result, the best thing you can do is familiarize yourself with these requirements before you claim an offer. That way, you will know what to expect, and what options are available to you as a player in the United States of America.
What Are Wagering Terms?
When you go out to claim a no deposit promo or bonus, you will be inundated with a lot of information. Additionally, players from America will want to get started as soon as possible. However, if you are not careful, the offer that you claim will not be as beneficial as you might initially think. That is because they almost certainly will have playthrough terms attached to them. These are stipulations which state that you must wager a certain amount before you will be eligible to withdraw any winnings you might have received as a result of the offer.
How Do Playthrough Terms Work?
While they might work slightly different from promo to promo, the playthrough terms are fairly similar in structure. They might have different values, but that does not inherently change how you should approach them. If you receive a cash offer, you will need to wager the value of the offer a set number of times before you will be eligible to withdraw your winnings.
For example, if a player in the USA received a no deposit bonus with playthrough terms set at 30x, they would need to wager the value of the offer 30 times before they could withdraw their winnings. That is fairly simple, but it can get complicated when you are dealing with things like free spins. Since these offers do not come with standard cash values, you cannot calculate the amount you need to wager as easily. The same is true for free bets and other similar no deposit bonus structures.
How to Calculate the Amount You Need to Bet
Calculating the amount you need to bet as a result of playthrough requirements if fairly easy if you are dealing with a standard cash offer. For example, if you received a $10 offer with 30x wagering terms, you would need to wager $300 before you could withdraw your winnings. Simply multiply value of the offer by the value of the wagering terms and you will get the number you seek.
These wagering terms numbers might seem high, especially compared to the value of the promotion for players in the United States of America. However, it is important to keep in mind that you can use the money that you receive as winnings to meet the wagering terms. If you play in a smart way, you can beat the playthrough terms and come out as a profitable player.
If you receive free spins or free bets instead of cash, it is a little more complicated. That being said, you should be able to determine the value you need to bet with relative ease. Online gaming sites in the USA will let you know what each spin or bet is worth. You can then take that number and multiply it by the number of spins or bets that you received. Then multiply that number by the wagering terms of the no deposit bonus.
Can You Beat These Requirements?
New players in America might be concerned that it is impossible to be profitable with wagering terms in place, but that is not the case. While they are in place to reduce your odds, that does not mean that you cannot be profitable relatively consistently if you play your cards right. Notably, you should try to only claim offers with reasonable wagering terms. If they are much higher than 50x, you should try to avoid them.
Furthermore, it is important to be smart with the games that you choose to play. Now, it is important to note that you do not always have a choice in this area. Many no deposit bonuses will offer money or spins that can only be played on a game or two. If that is the case, you cannot make adjustments here. However, if you are free to choose the games that you can play you should take a look at the RTP, or return to player percentage of games. This will be listed as a percentage such as 96.68%, and it represents the percentage of the time that American players make their money back when placing bets.
You might be tempted to pick the game with the highest RTP, but that is not necessarily the best idea. You see, games with high RTP are lower variance, but they have lower payouts. Conversely, low RTP games have higher variance, but they also have bigger payouts. So, the key is finding a medium ground between the two.
Finally, if you are fortunate enough to hit the jackpot, you should immediately switch to the highest RTP title that you can find to meet the wagering terms for the no deposit bonus. You will need to meet those wagering terms before you can withdraw your jackpot money, and you do not want to lose it during this process. By switching to a high RTP title, you will secure most of the winnings that you accumulated as a player in the USA.