As soon as you join Jackpot Capital online casino, you will get a jackpot casino login. You will use the login to enter the casino whenever you choose to play. One of the first things a new player will see is that we offer bonuses to gamers.
What Kind of Bonuses Does Jackpot Capital Offer?
We offer several different kinds of bonuses, including the Welcome Bonus. We also run promotions with bonus offers. Our most popular promotion going on for a year is Glamma’s Adventures, where Glamma travels the globe looking for exotic places to check out and have a great time visiting.
Within Glamma’s Adventures is Glamma’s Wheel that travels with her. Gamers can spin the wheel for excellent prizes. The promotion also carries a deposit bonus offer with a bonus rate of 220%.
Every Bonus Has a Wagering Requirement
We now reach the main subject of this article: the wagering requirement. We will get to the wagering requirement soon enough, but first, we need to set the background. The first thing to understand is that only 30 years ago, there were no online casinos. The land-based casinos ruled the roost. They never gave deposit bonuses because there was no need for them to do so.
Here Comes a New Kind of Casino
Along came online casinos. Online casinos were much more than just a new kind of casino; they were revolutionarily different kinds of casinos. One of the first insights the proprietors of the first online casinos had was that gamers could play several times a week if they wanted to, and they could do that every week if they wanted to.
This was a huge advantage that online casinos had and still have over land-based casinos that rely on a player coming to the casino perhaps twice a year, so a land-based casino needs to squeeze every drop of revenue from every player in the short time that the player is at the casino.
Online Casino Bonuses as a Kind of Reward
Online casinos had a much different kind of player. These were much more casual players who combined online casino gaming with hobbies, getting together with friends, and so on as ways to have fun.
One online casino manager had the idea of attracting more gamers to the online casino milieu by offering deposit bonuses. Thus was a game-changing insight, except the visionary who thought this up left out one very important point: a gamer could receive a deposit bonus and then cash out right away!
And The Wagering Requirement was Born
In order to keep the deposit bonus idea alive, which had taken the online casino world by storm, the casinos needed a way to prevent immediate cashing out. That way is now known as the wagering requirement.
The wagering requirement is a factor of the bonus that a gamer has to bet before he or she can withdraw winnings. This was set up to prevent a player from cashing out a bonus as soon as he or she received it.
A wagering requirement of 30x the bonus is considered fair. Some wagering requirements are for 40x, and when a bonus is quite small, the wagering requirement might be only 20x.
What Strategy Can I Use to More Profitably Complete a Wagering Requirement?
The most important thing to do is to read the terms and conditions that apply to that wagering requirement. Here at Jackpot Capital, we try to make the terms and conditions easily read and understood so gamers know exactly where they stand at all times.
A quick perusal of the terms and conditions will show that some games are “worth more” toward completing a wagering requirement than others. Slots are the most valuable game for completing this requirement. Slots come in three forms: high volatility, medium volatility, and low volatility.
This aspect of a given slot does have a strong strategic influence on the wagering requirement.
Volatility and Return to Player Rate
Three slots might have the same return to player rate, usually about 97% at a good online casino such as Jackpot Capital. As an aside, the return to player rate at land-based casinos is more in the 90% or less range.
A slot with high volatility will have relatively few winners, but each win will be relatively high. A slot with low volatility is the exact opposite: any winners who win relatively little per win.
Keep in mind that the return to player rate for both of these slots is the same at about 97%.
Strictly from the strategic point of view regarding the wagering requirement, most analysts suggest that players who play slots to play through the requirement should play low volatility slots.
What about Other Games?
Blackjack and video poker have the highest return to player rate of any game in the casino, at about 99.5% when you play each hand according to the best statistical analysis. As a result, these games earn fewer points toward the wagering requirement than do slots.
Every game earns some points, so you should read the rules of that bonus and play accordingly. There are a lot of gamers who take a large bonus and play only video poker or blackjack. Their reasoning is that they might have a little profit when they complete the wagering requirement or they might not. If you run out of money before you complete the wagering requirement, you have still had a lot of fun playing with the casino’s own money.
No land-based casino will let you play with their money.
Bonuses are Just One Aspect of Great Gaming at Jackpot Capital
We have about 400 games for your gaming pleasure. Since you can play whenever you want to, we suggest relatively short, frequent gaming sessions. Over time, you should be able to play all of our games.
Players at land-based casinos often go through an entire weekend playing only a small handful of games. We make it easy to play a lot of games.
We also always repeat what we think should be the motivating factor for every gamer in every session: fun and entertainment. We make it easy to bet on games. Betting on games has a very old pedigree. The ancients used to bet on every game they played, even as they had very little time for games.
Casinos are a relatively new form of gaming. Online casinos are only about 31 years old. Bonuses are the exclusive redoubt of online casinos. Bonuses add a huge element of fun to casino gaming. And, when you want to play without placing a bet, we allow you to play in free play mode.