Wagering is a fundamental concept in the world of gambling, and it forms the basis for nearly all casino games. Understanding what a wager is and how it works is essential for anyone looking to participate in casino games, whether online or in a physical casino.
Wager describes the amount of bets that should be placed to unlock funds. Wager can be either on a deposit or on bonus funds. In case you didn't play out wager requirements on deposit or on bonus funds, you cannot create a withdrawal request of that funds.
How wager works?
Let's check an example. You have $100 with the x1 wager requirements. In order to play out wager requirements, you need to place bets x1 from $100 which is $100 of bets. After you place $100 of bets, wager requirements will be disabled and you will be able to create a withdrawal request.
What is wager on deposit?
Due to Anti-Fraud and Money Laundering policy each deposit made at Onedun should be wagered x3 before request a withdrawal of funds.
Here's a breakdown of how this works:
- Initial Deposit: Let's say user make a deposit at Onedun of $100;
- Wagering Requirement: With a "x3" wagering requirement, the user needs to place bets or wagers equal to the amount of their initial deposit ($100 in this example) in order to fulfill the requirement;
- Withdrawal of Winnings: Once the user has wagered a total of $300, he/she can create a request to withdraw any winnings or funds from Onedun account without any additional restrictions.
What is wager on bonus funds?
Each bonus comes with the assosiated wager requirements, the amount of wager requirements depends on a bonus. Usually, wager requirements varies from x3 to x40 before you can create a withdrawal request on winnings from bonus funds.
Here's a breakdown of how wagering for bonus funds works:
- Receiving the Bonus: These bonuses can include things like match bonuses (where the casino matches a percentage of your deposit), free spins, or no-deposit bonuses (free spins and cash bonuses);
- Wagering Requirement: We will specify a wagering requirement as part of the bonus terms and conditions. Please note that wager is linked to the bonus amount only, deposited amount is linked to default x3 wager requirements. For example, if you receive a $100 bonus with a 20x wagering requirement, you would need to wager a total of $2,000 (20 times $100) before you can create a request to withdraw any winnings;
- Meeting the Requirement: To meet the wagering requirement, you must play slot games using the bonus funds. Wager requirements cannot be played out in other games except slot games. Also, please, note that max bet at Onedun to play out wager requirements is 5 USD / 5 EUR / 8 NZD / 5 CHF / 8 AUD / 50 NOK / 8 CAD / 25 PLN / 50 SEK.
- Tracking Progress: You can easily trach the wagering progress here: "Account" - "My bonuses" - "Bonus account" and check wagering, or just follow this link, if you logged in to your account: https://onedun.com/account/promo
- Withdrawing Winnings: Once you've wagered the required amount, any winnings generated from the bonus funds become eligible for withdrawal. You can then request a withdrawal of these winnings or continue playing with them.
If you have any questions or need further assistance, our support team is always available to help you. You can contact our support team via email - support@onedun.com, or via live chat.