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Everything You Need to Know About Wagering Slots
So, do you want to know how to get around wagering slots requirements? Whether you like to play online slots or other forms of gambling, you must accept wagering if you intend to play regularly.
What Exactly Are Wagering Requirements, and How Do They Work?
To comprehend what wagering slots requirements are and what function they play in the realm of online gambling, we must first establish the groundwork. Online casinos have always had cheaper operating costs than brick-and-mortar casinos.
As a result, operators may now provide significant benefits to entice players to join their casinos. Gamers have grown to anticipate a variety of free benefits, including welcome bonuses, and cashbacks.
So, what precisely is wagering? Wagering is the number of times you as a player must play the online slots games through the bonus money before requesting a withdrawal. Other terms and conditions, such as a maximum bet rule or game restrictions, may also apply to bonuses.
Many gamers are so eager to begin playing that they never read the terms. Of course, this puts them in danger of violating the bonus terms. If you are looking for a risk-free experience, consider trying out your hands on no wagering slots.
The Importance of Wagering Slots Requirements
To counteract money laundering, online casinos are required to incorporate wagering restrictions when offering online slots. Without wagering requirements, criminal groups may deposit significant quantities of money and remove the funds to their bank accounts, claiming the funds to win.
If you read the terms and conditions, you will see that even with your own money, online casinos normally need a particular level of the play-through.
How to Calculate Wagering Slots
To discover how to bypass wagering requirements, you must first completely comprehend how they function. Assume that a new casino has piqued your attention and that you have opened a new account.
Assume that the casino is also providing new players a 100% match bonus up to £100 with 30x wagering requirements. The wagering requirements will look like this:
Example 1: £100 (casino bonus) multiplied by 30 (wagering requirements) is £3000. In this first scenario, you must risk £3000 before requesting a withdrawal. However, some casinos provide sticky bonuses, which implies that your cash will be mingled with the bonus funds. In such a case, the wagering requirements would be as follows:
Example 2: £100 (deposit) + £100 (casino bonus) multiplied by 30 (wagering requirements) is £6000. While the wagering is double that of the previous example, their sticky bonus has an advantage: you will begin wagering immediately and with a considerably greater balance, allowing you to play online slots more aggressively.
Fulfilling and Exceeding Your Wagering Requirements
To meet and overcome your wagering requirements, you must first grasp the complexities of how they work and then learn to play smartly.
Selecting a Casino
Some online slot casinos have wagering requirements of 50X or more, while others have wagering requirements of less than 30X. Some casinos also limit the amount of money you can earn through casino bonuses, so do your homework and shop around.
Choose an online slot casino with suitable bonus terms and a positive reputation among enthusiasts.
It must be properly licensed and controlled, easy to use, and have conveniently available customer service if you have any queries or face any difficulties with your bonus.
Casinos with No-Wagering
You can also discover an online casino that does not have any wagering restrictions.
These no-wager casinos are growing more popular since their bonuses have fewer restrictions, but you won’t find huge sums of free money.
A small amount of free money or no wagering slots, on the other hand, can be just as beneficial. Both of these incentives often involve a deposit but do not require you to bet your earnings a certain number of times before you can withdraw them.
Conditions of Use
When you have the opportunity to claim a welcome bonus or any promotional offer, carefully read the terms and conditions.
The fine print will tell you about all the stipulations that come with the bonus offer, such as the wagering requirements and what you need to do to meet them.
In most cases, you’ll need to make a minimum deposit to earn the bonus in the first place.
You may be required to utilize a certain deposit method to claim it, and you may only have a limited period to do so. Every online casino is unique, and they all have their own set of rules and regulations for satisfying the criteria when playing online slots.
Selecting Online Slot Games
Different online slot games contribute varying percentages of your stake to the criteria.
Determine which games qualify and how much of your wager they contribute, and then play the games that offer you the most bang for your wagering requirement buck.
The majority of online slots contribute 100% of your stake to the criteria. If you opt to play online slots, you will find that you can satisfy your criteria more swiftly and simply.
Play the Proper Way
You are aware that playing online slots can help you satisfy your wagering requirements more quickly. However, not all slots are made equal. It is critical to consider the variance of your games as well as the RTP (Return to Player Percentage).
Variability is increased in games with a lower RTP. They don’t pay out as frequently, but when they do, they pay out more money. If you’re looking to satisfy wagering requirements, start with these sorts of games.
This will provide you the opportunity to rapidly boost your bankroll while also offering insurance against potential losses.
After you’ve padded your bankroll, relax and play lower-variance games. These will have a high RTP, which means they will pay out smaller sums more frequently. They are a safer wager since they do not quickly deplete your bankroll and allow you to keep more of your gains over time.
Conclusion
Wagering criteria on slots are simple yet tough to meet. That has a lot to do with how quickly you have to do them and how much money you have to spend. Many casinos ask players to meet a wagering requirement within 14 days after accepting the deal.
All of the fun can be found at the top wagering slot sites. Register now and give them a shot. Good luck.
CEO of Expanse Studios
Expanse Studios (GMGI) Enters the U.S. Sweepstakes Market
North American Expansion Kicks Off Through Strategic Partnership with Moozi
Golden Matrix Group’s game development division, Expanse Studios, has officially entered the U.S. sweepstakes market, marking a significant milestone in its North American growth strategy. This move is powered by a strategic content partnership with Moozi, one of the most dynamic sweepstakes social casino platforms in the region.
With Moozi now featuring over 50 of Expanse Studios’ top-performing games—including immersive slots, crash games, and table games—this partnership positions GMGI to capture a share of the $5.6 billion U.S. sweepstakes market, projected to more than double to $11 billion by 2025 (Eilers).
Damjan Stamenkovic, CEO of Expanse Studios, commented:
“This partnership signifies our formal entry into the U.S. market, showcasing the innovation and player-first experiences that define Expanse Studios. Collaborating with Moozi enables us to deliver advanced gaming content to a growing audience in North America, a key region for our global growth.”
James Anderson, Moozi’s CCO, added:
“Expanse Studios has set a high bar for engaging and innovative gaming experiences. Their addition to our platform elevates Moozi’s offerings and strengthens our mission to lead the U.S. sweepstakes social casino space.”
This launch underscores Expanse Studios’ commitment to innovation and its long-term growth trajectory in regulated markets. By entering the North American sweepstakes market, Expanse Studios takes a bold step in expanding its footprint while delivering cutting-edge gaming experiences.
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GamCare releases Annual Report following record breaking year of support on the National Gambling Helpline
GamCare’s National Gambling Helpline received a record 55,228 calls and online chats from people experiencing gambling harm in 2023-24 – a 25% increase from the previous year – according to the charity’s Annual Report.
In a year marked by uncertainty over the future shape and structure of the gambling harms treatment sector following the previous government’s white paper on gambling reform, the charity continued to prioritise those at-risk of, or currently experiencing, gambling harm.
Of all calls and online chats that were responded to on GamCare’s Helpline in 2023/24, 41,070 (74%) were classed as supportive interventions. This includes supporting people with initial guidance and advice as well as delivering a seamless entry point into structured treatment services, with individuals completing treatment reporting a significant reduction in gambling-related distress and financial harm.
In March 2024, the Office for Health Improvement and Disparities published an assessment of the gambling treatment system, highlighting that 57% of individuals engaging in treatment were referred by the National Gambling Helpline. This underscores the Helpline’s critical role in connecting people to the support they need. Over 9,100 free treatment sessions were delivered in the year to April 2024, with an average of just 2.1 days’ wait from point of referral.
GamCare’s targeted programmes aimed at young people, women, and the criminal justice system provided training on how to spot the signs of harms and where to signpost into support for 10,344 professionals, and education for 53,324 young people, children and parents. The Women’s Programme, in partnership with organisations such as Refuge, trained 3,813 professionals to recognise and address gambling-related harm among women.
Margot Daly, Executive Chair of GamCare’s Board, says: “Throughout a challenging year and with heightened demand for our services, GamCare’s staff have got on with the job of preventing harm where possible and treating harm where necessary. While we expect important changes in the gambling harms landscape, we have been determined not to let this uncertainty affect our relentless focus on the people who really matter – those at-risk of or currently experiencing gambling harms.
“I would like to thank and pay tribute to our frontline staff who provide 24/7 support for all those at risk or in distress. I also want to thank GamCare’s senior executive team who have steered GamCare through a period of sustained change, and to my fellow trustees for their guidance, unwavering support and the time each has dedicated to ensuring that the charity stays on course and on mission.
“As we look ahead to how the future of the gambling harms sector is shaped, we are committed to working proactively with the NHS and other partners and commissioners to ensure that people are continually able to receive the right support at the right time.”
The post GamCare releases Annual Report following record breaking year of support on the National Gambling Helpline appeared first on European Gaming Industry News.
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Kambi Group plc repurchase of shares during 18 December – 23 December 2024
Kambi Group plc (“Kambi”) has during the period 18 December to 23 December 2024 (the “Buyback Period”) repurchased a total of 40,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 20 June 2024 (the “Programme”).
The objective of the Programme is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.
During the Buyback Period, Kambi repurchased a total of 40,000 ordinary B shares at a volume-weighted average price of 99.13 SEK. From the beginning of the Programme, which started on 6 November, until and including 23 December 2024, Kambi has repurchased a total of 344,000 ordinary B shares at a volume-weighted average price of 104.94 SEK per share.
During the Buyback Period, Kambi has repurchased shares as follows:
Date | Aggregated daily volume (number of ordinary B shares) |
Weighted average share price per day (SEK) |
Total daily transaction value (SEK) |
18 December 2024 | 10,000 | 100.00 | 999,967 |
19 December 2024 | 10,000 | 99.39 | 993,929 |
20 December 2024 | 10,000 | 98.86 | 988,588 |
23 December 2024 | 10,000 | 98.26 | 982,562 |
All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 23 December 2024, Kambi’s holding of its own shares amounted to 344,000 and the total number of issued shares in Kambi is 29,903,619 ordinary B shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary B shares, up to a maximum amount of €12.0 million.
A full breakdown of all transactions carried out during the Buyback Period is attached to this announcement.
Information on the Programme is available on Kambi’s website, https://www.kambi.com/investors/share-information/
The post Kambi Group plc repurchase of shares during 18 December – 23 December 2024 appeared first on European Gaming Industry News.
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