How to Wager a Live Casino Bonus For Guaranteed Cashouts

Tired of playing with live casino bonuses and not scoring any winnings? You might be wagering the bonus incorrectly. Get insights into our team’s 7+ years of experience and learn how to wager a live casino promotion efficiently to secure a cashout.

What You Need to Know About Wagering Conditions

A wagering requirement is the number of times a player must wager their bonus funds before they can withdraw them. Requirements differ between casinos and promos, but they all serve the same purpose by creating a threshold for bonus withdrawal eligibility.

In practice, this means that you can’t simply claim a bonus, use it, and then withdraw it immediately; you have to clear the wagering requirements first.

Let’s take an example to help you understand this better. A 30x wagering requirement on a £10 bonus means you have to wager your bonus amount 30 times before you can withdraw, or, to be more precise, stake £300.

Things You Should Know Before Claiming a Live Casino Bonus

There are two things that our KingCasinoBonus.uk authors recommend you keep in mind before claiming a live casino bonus:

1. Some platforms automatically add your no deposit bonuses immediately after registering for an account. In the case of deposit bonuses, you usually have to enter a coupon code or opt-in to claim your promotion.
2. Check out wagering contribution: It is pretty often that casino bonuses favour slot games. This means that playing slots will help you meet the wagering condition faster, as all the funds you wager go towards it. However, there are casino bonuses that offer 100% wagering contribution on live games.
3. Pick low wagering bonuses: If your bonus has high wagering, it will take you a long time to meet the requirement. And some promos do not have an extended lifetime. Moreover, the winnings can hit zero while working towards the requirement, which will result in your bonus being forfeited.

What Live Casino Bonus Types Should You Look For?

Whether you opt for a no deposit bonus, welcome bonus, or existing player bonus, most live dealer casinos offer some form of promotion that lets you play and win using additional bankroll.

Pick Low House Edge Games to Maximise Winnings

If you can choose what game types to wager the bonus on, we suggest you go for low-house edge games. Live blackjack bonuses will have a better return to players than live roulette bonuses, for instance.

We analyzed multiple titles from each game type and calculated an average house edge for each.

According to this table, live blackjack has the lowest house edge, so you can use it to maximize the winnings. However, these figures are some averages, and the games in each category might have different house edges depending on their rules. Also, while the house edge is an important factor, bettors should also consider their skills and experience before wagering.

Make the Most of Side Bets

Many live dealer games, but especially card games, offer additional ways to multiply bets. These are called side bets, and they usually have nothing to do with the main gameplay. For instance, side bets placed on blackjack will not follow the blackjack game rules.

The most common side bet example is Perfect Pairs, which you can use on blackjack. If your first two cards are a pair, you win the bet.

There are three types of winning pairs:

• Perfect Pair: The cards have the same value, same suit, and same colour. This pair will usually multiply your bet 30 times.
• Coloured Pair: The cards have the same value, same colour, and different suits. This pair will multiply your stake 10 times.
• Mixed Pair: The cards have the same value but different colours and suits. This pair multiplies your bet 5 times.

Avoid Chasing Losses

You must create a strategy before using live casino bonuses besides our three recommendations above. It is also important to create a budget beforehand. Stick to your strategy, as well as your budget. If you are on a losing streak, do not chase losses. Chasing losses to speed up playthrough could cost you more in the long run.

Consider setting loss limits for your gaming sessions. Once you reach them, take a break to reassess your strategy. This approach not only helps protect your bankroll but also ensures a more smooth and sustainable gaming experience in the future.

Understand the Promotional Terms and Conditions

Below are some of the key considerations for anyone using a live casino bonus. Remembering to check the finer details of any bonuses you use could help you avoid disappointment when it comes to cashing out.

• Maximum Cashout – Most of the time, the winnings that result after you use the bonus and wager it enough to meet the requirements are capped. If you have amounted to £200 in winnings, but the maximum cashout is £100, only £100 will go to your real balance.
• Eligibility – Check the terms and conditions of any live casino bonus before you claim and wager it. Check which games are eligible for bonuses, and also which payment methods are valid. In frequent cases, Skrill and Neteller deposits are excluded from claiming bonuses.
• Time Restrictions—Some casinos implement time restrictions on bonuses. These require players to complete the necessary steps within a specific timeframe to become eligible for a cashout. If the time limit is not met, all the progress made up to that point will be voided.

Strategise Your Live Casino Bonus Winnings

When it comes to wagering live casino bonuses, there are a few key strategies to keep in mind. Choose games with low house edges, take advantage of side bets when available, and avoid chasing losses. Create a budget, and always stick to it. Also, do not forget first to read the T&Cs to know exactly the bonus details, from deposit to lifetime, rollover conditions, and other exceptions.

By following these tips, you’ll be successful in cashing out your winnings from live casino bonuses.