In short, It's a bonus that is nearly unclaimable. Only few gamblers would claim it given that the wagering requirement are outrageously high. If I'm on that situation of trying to claim that, I would certainly stop instantly because I'm positive that the money you are using to wager will be drained given that the casino has an house edge and other factors in losing your money. I haven't heard a casino that has a wagering requirement before withdrawing but for bonuses, There's a lot of casino. This kind of wagering requirement is a pure BS in my opinion.
Maybe big gamblers will also think before they try to claim it because the wagering requirements are so high. I won't try to claim it because I'm trying to prevent spending more money on gambling. And it's not worth it for me to do because I also know that it will only cause a lot of losses and I may lose all the money just to claim the bonus. We have to think realistically and measure our abilities so that we don't exceed our set limits.
If they are open about asking such high waging requirements for people to withdraw their money from their accounts then they are clearly not a scam, they are just a very unfriendly casino to their customers, and since that is the case then gamblers need to also be very unfriendly towards those casinos, as what is the point of gambling there when you can do so at other casinos that are nowhere near as strict when it comes to their policies?
But the wagering requirements can usually be known after we try to claim it and our doubts pass it on. That's why we don't need to chase bonuses that we don't know the casino has any wagering requirements so we don't feel disadvantaged by them. We can also play gambling in casinos that we are used to avoid things like that. After all, we already feel comfortable playing in the casino.
If you ask which casino, I'm afraid I've forgotten what it was called but the memory of the 100x wagering requirement does go back before. Casinos that don't want to take their business seriously will apply very high requirements so that no gambler can take their winnings freely. And even if the gambler can take it, the casino will apply other requirements, such as the gambler must do KYC but the casino will not agree with many reasons.
This was an insane wagering requirement but I bet this wagering if for claiming bonuses. I think the most I ever encounter is 50x wagering to claim bonus and I avoid it when playing. this is another reason why I seldom avail for a deposit bonus and any other promotion that requires wagering before I an withdraw the winnings. And before the wagering requirement triggers, we should be playing on the bonus so we need to deplete our original deposit before the countdown on wagering requirement starts.
If it's 50x the wagering, I won't take it and leave it at that because it's too much of a burden for me. And I'm sure other little gamblers will think the same. Even though there is a chance to win a lot, the amount of wagering requirements is very burdensome so I decided to just play gambling as usual. Before we take advantage of the deposit bonus, it is better to check the wagering requirements first and if necessary, we can ask the support service to understand the other rules.
Indeed, casinos with big wagering requirements aren't a scam, but many don't even want to try them because it's too much for them. After all, many of us are not big gamblers and only use small amounts of money so it will be a problem for them.
I beg to disagree, they are not scams, they just don't want to part with the bonuses they give. The wagering requirement is announced even before the player avails of it. So there is no way that the casino scammed you when you agree to the term. It is your decision to take it or not.
Maybe they are not a scam, but we will never know. But some casinos do something like that because they don't want to pay out the money to gamblers who make it through the wagering requirements, let alone in scam casinos. If we object to the terms, we need not proceed.
100x wagering requirements is just an unrealistic target set on the gambling site so that no one can win the bonus money and take that money home.
I understand that gambling casinos cannot give free bonuses because then that free money may be misused by the gamblers only for withdrawal purposes but asking them to complete 50x or 100x wagering is not a good approach as it clearly shows the evil intention of the gambling sites.
I would suggest gambling sites to set lower wagering requirements so that some of the gamblers may be able to fulfill it and can claim (withdraw) the bonus money.
That's why I didn't try to claim the bonus because it would just be a waste for me. I'd rather continue playing as usual and maybe spending the money would be better than trying to claim it.
Hopefully, we won't meet with casinos like that to get the bonus easily and without many requirements. It may be because it can be abused but the wagering requirements shouldn't be too high. Or the wagering requirements are specifically for big gamblers with lots of money.