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Embarking on a betting journey, whether that be casino or sports betting, can be quite daunting to start with. If you start throwing in manual mathematical calculations, then it could also get overwhelming.
Online betting calculators are there to help you forget about working the maths out in your head. They automatically inform you of how much you need to deposit and how much you can win in a number of different scenarios. This guide is all about the deposit bonus wagering calculator and what deposit you need to wager in order for a bonus offer to be activated.
There are plenty of calculators available online to help with mathematical betting equations, while two of them focus on the topic in hand - calculating your bonuses.
The first one is the Bonus Wagering Calculator which is there to help a bettor calculate how much money needs to be deposited in order to withdraw winnings and pass the wagering requirements.
A deposit bonus wagering is used in a slightly different way to a bonus wagering calculator. The purpose of a deposit bonus wagering calculator is as follows:
The deposit bonus wagering calculator allows punters to input their deposit amount, the percentage of their despot bonus and the wagering requirements. After all the data has been typed in, bettors can press the calculate button and the result will be split into three sections.
We covered this section in the bonus wagering calculator guide, but it doesn’t hurt to quickly go over it again.
Wagering requirements are added to a bonus created by an online bookmaker and these conditions form a promotion that entices new customers to get involved.
The bookmakers will inform punters how much money is needed to be wagered in order to withdraw any bonus-related winnings. It is common practice and is a way of stopping bonus abuse.
Wagering requirements are used to manage any amount of cash outs with a certain kind of bonus. Wagering requirements are used on bonuses, deposits and free spins.
As this guide is about our deposit bonus wagering calculator, it is best to explain that side of it.
Deposit bonuses usually pay out a certain amount of cash based on how much you have initially deposited. To receive the deposit bonus, you will have to reach the wagering requirement.
Most online betting calculators are easy to figure out, but it does not hurt to have an easy step-by-step guide to show you how it is done.
Before you go and use our deposit bonus wagering calculator for real, take it for a test drive and place some practice calculations to ensure you know exactly how it works.
Familiarise yourself with each section of the deposit bonus calculator before your first adventure with it.
Arbitrage bets take advantage of the discrepancies in different bookmakers' prices and in turn ensures the bettor makes a successful bet. When it comes to using an arbitrage calculator all you need to do is add the odds of any two or three-way market from different bookmakers. The calculator will then work out how much you need to stake in order to guarantee a profit on that bet.
A parlay is regarded as a single bet that has two or more selections included. You can have a two-team parlay, a five-team parlay or even a seven-team parlay. The payouts will be higher with the more selections you have. Using a parlay calculator allows you to create the bet you want and you will receive a projected payout.
The inclusion of half a point ensures the bet will either be a winning one or a losing one. Because there is no half point scoring in an actual game, if you include the .5 to your spread, it will always be higher or lower than your selected number. Using our half point sports betting calculator, bettors can get a good feel for what they need to do in terms of buying points.
Dutching is a betting system that is used in a wide range of sports. It is a special kind of matched betting that allows the bettor to back more than one outcome on the same match or event. The dutching calculator will be an important tool when it comes to figuring out what bettors could potentially win or lose.
An accumulator calculator - or acca calculator as it is also known - allows you to combine a wide selection of bets into one bet. If you are a regular at putting on any form of acca, then a betting calculator takes away the arduous task of trying to work out the odds yourself.
A deposit bonus wagering calculator allows punters to work out how much money they need to deposit and the amount they could potentially win back.
A wagering requirement is the number of times you need to bet a bonus before it is converted into real money.
If you see a wagering requirement that has X10 at the side of it, this means that the counter will have to wager 10 times the amount of the bonus in order to claim that amount. For example, if the bonus is £10 with X10 wagering requirement, then the bettor needs to wager £100 in order to be able to cash out.
You cannot withdraw any funds as real cash until the bonus wagering requirements have been met. Easy as that.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.