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. The wager can be either on a deposit or on bonus funds. In case you didn't play out wager requirements on deposit or bonus funds, you cannot create a withdrawal request for those funds.
How does Wager work?
Let's check an example. You have 100 EUR with the x1 wager requirements. In order to play out wager requirements, you need to place bets x1 from 100 EUR which is 100 EUR of bets. After you place 100 EUR of bets, wager requirements will be disabled and you will be able to create a withdrawal request.
What is the Wager on deposit?
Due to the Anti-Fraud and Money Laundering policy, each deposit made at Viu-Viu.com should be wagered x1 before requesting a withdrawal of funds.
Here's a breakdown of how this works:
- Initial Deposit: Let's say the user make a deposit at Viu-Viu.com of 100 EUR;
- Wagering Requirement: With a "x1" wagering requirement, the user needs to place bets or wagers equal to the amount of their initial deposit (100 EUR in this example) in order to fulfill the requirement;
- Withdrawal of Winnings: Once the user has wagered a total of 100 EUR, he/she can create a request to withdraw any winnings or funds from the Viu-Viu.com account without any additional restrictions.
What is a Wager on bonus funds?
Each bonus comes with the associated wager requirements, the amount of wager requirements depends on the bonus. Usually, wager requirements vary from x1 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 the wager is linked to the bonus amount only, the deposited amount is linked to default x1 wager requirements. For example, if you receive a 100 EUR bonus with a 20x wagering requirement, you would need to wager a total of 2,000 EUR (20 times 100 EUR) 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 the max bet at Viu-Viu.com to play out wager requirements is 5 EUR or equivalent.
- Tracking Progress: You can easily track the wagering progress here: "Profile" - "My Bonuses" and check wagering.
- 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 clarification, don't hesitate to reach out to our qualified support team, who will assist you in understanding your concerns. You can contact our support team via email - support@viu-viu.com, or via live chat.