To clarify things better here is an example : if you were to deposit $1000 and win $200 in your first few games then you wouldnt be able to withdraw your winnings or even your deposits without wagering at least $5000. This means that 80% of the time, you would lose your money before reaching the required amount.
In my opinion this term is unfair.
This is not fair at all. Yes, I have seen casinos require their players to wager 50x or more if they take deposit, welcome, or other kinds of bonuses. That make sense because they won't give you something for free. You have to play there and you have to win. I also saw casinos need a wager requirement for any deposits to prevent money laundering. But, it was no more than 1x. Having five times wagering requirements on each deposit is not fair at all.
You should avoid that kind of casino at any cost. Of course, you have to read their ToS before you sign up and make a deposit. Because they may already mention this term on their ToS page. If you can make your first withdrawal from their platform, run away with your money and never look back. Those casinos are designed to steal money from users.
It's not fair, but that's how it's always been. Some gamblers manage to win some money but have to pass the wagering requirements before withdrawing the money, especially when they follow a promo given by the casino. If the wagering requirement is under 10x, it will be fine as it is not too demanding. But usually, casinos enforce high wagering requirements, so only a few gamblers manage to pass those requirements and withdraw their money. Before joining any promo, we must make sure we know the requirements so that we are not disappointed and only take part in promotions that we can afford so that we don't use a lot of money to participate.
Only few or maybe with that high wagering requirements no one can withdraw as the chance of pushing their way to complete the requirements will force them to lose it back to the house, It's been a hard task for most gambler, reading the terms and conditions always been an issue as not many are willing to take time to read and understand the rules.
End point, they will suffer after depositing and playing with promotions that have wagering requirements, they will lose the money, eventually.
Totally does have sense that they would really be having that kind of rule on which they would really be having the upperhand or would be having the advantage on which it would really be just that normal for a
business to do on which they would really be setting out those rules for their benefit.If there are people who do able to withdraw or able to comply with those wagering requirement then it would really be considered as lucky but we know that only a few would be able to get or reach that line and the rest of them is continously really that losing because they do believe that those bonuses are really that
giving some advantage against the house which it is really a very wrong idea to have in mind if you do believe on that way.
They are business and its normal that whenever they do make or give out some offering or promotions then it would really be subject into a term on which it would be common sense that
reaching up that threshold is something not would really be that so easy.