What is a casino wager
Category: Gambling
There are a number of different terms used when using online casino’s and one of the most common you will see used is the term ‘wager’.
A‘wager’ basically means your stake or bet on a particular casino game – i.e, if you place £10 on the outside bet of red on a roulette game that is considered your ‘wager’. The term wager is also used on all games within a online casino site – even placing 10p in a virtual slot machine is considered a wager.
‘Wager’ can also have a second meaning – casino sites have wagering requirements where they require that you play your initial deposit, plus any bonus given before you are allowed to cash in any winnings that you may have. Different online casino sites have different terms and conditions on this, so it is important that you check them out before you register to make sure that you are happy with the requirements of that particular site.
Some online casino’s also offer you a bonus incentive every time that you bet or wager – a common incentive is to earn points every time that you wager a certain amount, and when you have accrued a certain amount of points you can convert these into bonus cash that can be spent on that specific site. Other bonus incentives that are given based on the amount you have wagered are entries into a prize draw and even choosing products from a gift catalogue, with higher valued prizes requiring the most points.