Aussies Punters Will Find Alot of Eye-Opening Information Here
The world of casino gaming keeps evolving as new players and operators join daily. Having the most recent news, amidst other things, helps you keep up with new developments, stay on the right side of the law, and maximize opportunities.
Whether you are a player, a casino owner or just a curious observer, this casino latest news will help you stay ahead of the curve.
This article will start by showing you how to maximize bonuses and opportunities in online casinos. Later, it will keep you updated on the latest global online casino news.
What Are Wagering Conditions
Wagering requirement or Playthrough requirement is one of the most searched terms recently. As an ardent casino player, it’s most likely the first thing you look out for whenever an operator mentions bonuses or promotions. It determines if an online casino news bonuses will increase your bankroll and extend your playtime, or if the bonus is just a hook. Aside from these, it is also one of the key pointers of a legit casino.
Are you a newbie searching the term to understand what it means or a veteran looking for how the condition could favor you? Regardless, the explanation below will be of great help.
The wagering requirement is a term imposed by casinos on their bonuses and promotions that require players to bet a certain amount of money before they can withdraw any winnings from their bonus funds. It is often in the multiple of the given bonus. Suppose an online casino offers a 100% match bonus up to $100 with a wagering requirement of 30x. This means that if you deposit $100, the casino will match it with another $100, giving you a total of $200 in bonus funds. However, you can’t withdraw any winnings made from the bonus funds, until you wager a total of $6,000 (30 x $200) in eligible games within the specified time.
So you now understand why low wagering requirements with long duration (bonus expiry time) are the most favorable on the part of players, even at best online casinos
Also, not all games contribute equally to the wagering requirements. For instance, slots usually contribute 100% to the requirements, while table games may contribute less, such as 10% or 20%. So, if you play a slot game, every dollar you wager will count towards the $6,000 playthrough requirement. However, if you play a table game that contributes 10%, then for every dollar you wager, only $0.10 will count towards the playthrough requirement.
A common question most people ask is, if casinos really want to give bonuses, why do they have to put such a requirement? Well, casino operators are in the business of making money. The practice is common to protect them from bonus abuse, entice players and ensure that they engage in real money play.
We’ve explained with examples what the playthrough requirement means. So what are some of the low-wagering bonuses in online casino news in Australia?
- Goldwin Casino: No wager 750 free spins
- MrBit Casino: $500 deposit bonus plus 50 free spins with 27X playthrough requirement.
- National Casino: $500 bonus with 40X wager requirement.
- Ozwin Casino: $4000 deposit bonus with 30X wager requirement.
Casino Latest news
As the year progresses towards the middle, there have been different headlines in the gaming industry news. Some of them are mentioned below;
Pragmatic Play Recently Released A New Slot Game Called ‘Wild Bison Charge’: Pragmatic Play is one of the leading software providers in the iGaming industry. Its libraries include popular games such as Wolf Gold Power, Sweet Bonanza, The Dog House Megaways, etc. Is Wild Bison Charge going to be one of their groundbreaking releases? Well, you can try out the game with free spins. It’s a 5 by 5 reel set-up. And just as its name indicates, it features bears, bison, eagles, and other wildlife animals.
MGM Resort International Brought In A Total Of $3.9 Billion As Total Revenue From January To March: This amount represents a 36% increase when the same time last year is used as a base period. The increase is due to many factors such as heightened business volume and travel activities in Las Vegas. The company anticipate a positive increase by the end of the year according to the company’s CEO—Bill Hornbuckle.
The Federal Government Of Australia Has Decided To Prohibit The Use Of Credit Cards For Online Gambling Purposes: According to the source, the giant step is aimed to curb the negative effects of gambling such as addiction, debt, etc. The legislation is already supported by the Australian Banking Association (ABA) and 81% of Australians.
More Online Casino News Digest
Yggdrasil Released A New Slot—’Devour the Weak’ On The 27th Of April: “This exciting new slot isn’t for the faint of heart…” commented Stuart McCarthy, Head of Product & Programs at Yggdrasil. The release followed the company’s partnership with Bang Bang Games and it’s the second release after the collaboration. The game has a high RTP of 96% with other features such as dropdown, wild symbol and multiplier.
Australian Communications and Media Authority (ACMA) Imposed $13,320 Fine On Entain For Violating Australian Gambling Law: The giant was penalised for breaching the in-play betting rule during the LIV golf tournament.
The article has provided you with the recent online casino news gambling in Australia. It has also explained in detail the meaning of wagering requirements and online casino news best casinos with low wagering requirements.
If you are going to keep up, it’s important you stay informed. Keep checking out this site for casino latest news.