One of the fun things about betting on cricket games on online sportsbook platforms is the abundance of bonuses that you can avail of. Bonuses can enhance your gambling experience by providing free funds, free bets, and a range of other perks. However, one thing bettors need to understand about bonuses is that most of them come with wagering requirements.
Basically, wagering requirements are conditions found in the T&C of the bonus, which a player must complete in order to qualify for withdrawal of any winnings that they might gain through the use of the bonus. Typically, the requirements include making a certain amount of bets within a set period and abiding by a minimum bet amount.
How Wagering Requirements Work
When you receive a cricket bonus, you must check right away to see if there are wagering requirements attached to it. If the requirements are too steep or impossible to meet, it might be best not to waste your effort on it to begin with.
However, most wagering requirements for casino bonuses are quite reasonable and can bring you a lot of fun and winning opportunities. With that said, here are some of the items you can typically find in the wagering requirements for cricket bonuses.
Wager
This figure specifies the number of times one has to bet their winnings in order to clear them. Sometimes, one has to bet their deposit as well.
Time Limit
The T&C of a bonus will specify the period during which you can work towards completing the wagering requirements. It is critical that you finish on time so that you can claim your winnings.
Valid Sports Events
Not all sports events will count towards completing wagering requirements. A bonus will specify just which games are valid, so you must pay attention to this.
Maximum Bet Amount
Some players might be tempted to try and complete wagering requirements in one go by simply placing the total required bet in a single wager. This is not allowed since there is a maximum allowable amount per bet.
Maximum Win
Betting platforms normally place a cap on the amount that players can win or withdraw as a result of using a bonus.
Why Cricket Betting Apps Impose Wagering Requirements
When you first look at them, it would seem that wagering requirements are just an obstacle to keep players from withdrawing their wins. Of course, there are some sufficient reasons why live cricket betting apps impose these requirements.
Wagering requirements are an effective way to prevent bonus abuse. These requirements keep players from simply withdrawing money without actually making bets or engaging with the platform. With players making more bets, they get more chances to win, and this will also increase the revenue of the app.
To make the most of your cricket betting experience, it would certainly help if you make an effort to complete wagering requirements whenever you can.
Completing Wagering Requirements
A wagering requirement follows the format of a number followed by x. For example, a 10x wagering requirement on a 5000 INR bonus means you have to wager INR 5000 ten times, or a total of INR50000, before you can withdraw your bonus winnings. The process of completing wagering requirements is quite straightforward. Just follow the steps below.
- Step 1. Right away, study the wagering requirements for the bonus. the bonus amount. Find out which types of bets count towards completing the requirement, such as single bets, parlays, specific odds ranges, and so on.
- Step 2. Look for the deadline for meeting the requirements. This is usually somewhere between 7 days and 30 days.
- Step 3. Start betting and clearing the wagering requirements. The process can often be monitored in the personal account.
If you are able to complete the wagering requirements accordingly, you can proceed to withdraw your winnings.
Cricket Bonuses with Low or No Wagering Requirements
Wagering requirements are a requisite for most cricket bonuses. The chances of finding a bonus with no such requirements are very slim, but they do exist. These rare bonuses are highly desired by bettors since they allow you to withdraw whatever winnings you accumulate without having to fulfil any extra conditions.
Bonuses with low wagering requirements are also a great find. If you find a bonus with a wagering requirement of x5, x10, or even x20, these are considered to be quite low and are, therefore, easier to fulfil. Take note that no deposit cricket betting bonuses with low or no wagering requirements are generally small, or their maximum withdrawal amount on winnings is also small, so you can't win big with these bonuses.
FAQ
Is it worth getting cricket bonuses if there are wagering requirements attached?
Yes. It depends on the specific requirements, though. Some might be too hard to fulfil, while others might only give you very small winnings, so you also have to use your judgment on which bonuses to avail.
Can I withdraw winnings without completing the wagering requirements?
No. If a bonus comes with wagering requirements, it is mandatory to complete them before you can withdraw any winnings you might accumulate by using the bonus. Take note that you also have a limited amount of time to complete these requirements.
What if I fail to complete the wagering requirements?
Failure to complete wagering requirements will result in the forfeiture of any wins you have accumulated using the bonuses. You will not be able to transfer these winnings to your regular player account, and you won't be allowed to withdraw them.
