A lot of people have a hard time understanding wagering rules which can stop them from getting their winnings. If you learn how these rules work it will be easier and more fun to bet.
Wagering is just a fancy word for betting money on online casino games. It means you guess what will happen and put money on it. If you're right then you win more money!
On OKBet, you can bet on different games like:
Wagering requirements are rules that tell you how much you need to bet before you can take out money from a bonus. Online betting sites like OKBet use these rules to make sure players actually play before withdrawing bonus winnings.
Let’s say OKBet gives you a ₱1,000 bonus with a 10x wagering requirement. This means you need to bet ₱10,000 (₱1,000 x 10) before you can cash out any winnings from the bonus.
Wagering requirements are usually expressed as a multiple (e.g., 5x, 10x, 30x), which applies to the bonus amount, the deposit amount or both depending on terms.
Let’s say OKBet gives you a ₱2000 bonus when you deposit ₱2000. But before you can withdraw any winnings, you have to meet the wagering requirement.
You can check the specific requirements on OKBet’s:
When you place bets, not all of them count the same way toward meeting the rules for withdrawing bonus money. Some bets help more than others.
Here’s how it usually works:
When you get a bonus, you have a certain number of days to use it, like 7 or 30 days. If you don’t use it in time, the bonus and any winnings from it might disappear.
There’s a limit on how much you can bet when using a bonus like ₱500 per bet. If you go over this amount, you might lose the bonus.
Some bonuses don’t work on all games. Before playing, check the rules to see which games count.
Use this simple formula:
(Your Deposit + Your Bonus) × Wagering Requirement = Total Amount You Need to Bet
Example:
Let’s say OKBet gives you a ₱1000 bonus and the rule says you need to bet 10 times that amount.
(₱1000 bonus) × (10) = ₱10,000
This means you have to place ₱10,000 worth of bets before you can withdraw your winnings.
A no deposit bonus is free money or rewards you get without having to put in any of your own money first.
Here are some rewards you can enjoy without placing a bet:
Think of these as “real money” bonuses. Once you meet the rules (like wagering requirements), you can withdraw both your winnings and the bonus itself.
Examples of Cashable Bonuses on OKBet:
These work a little differently. You can withdraw your winnings but the bonus itself disappears once you cash out. It’s like getting a free ride in a taxi but not keeping the car.
Example of a Non-Cashable Bonus:
OKBet gives out cool bonuses and promotions but sometimes you might not want them especially if the rules to use them feel too tricky. Here’s how you can say no to a bonus before or after getting it.
Before Claiming a Bonus: If you don’t want a bonus, just don’t choose it when making a deposit. Some bonuses need you to turn them on yourself. If you skip this step, you won’t have to follow any extra rules for using the bonus.
After Claiming a Bonus: Already took a bonus but changed your mind? You might still be able to remove it. Here’s what to do:
OKBet sends emails to tell players about special deals, events and offers. But if you don’t want to get these messages well you can stop them anytime. Here’s how:
By knowing how to turn off these messages, you can make sure you only get the information you want.
When betting online, it’s important to understand wagering requirements. These rules help you know how to use your bonuses wisely, improve your chances of winning and make smarter bets.
Join us today and enjoy welcome bonuses with clear and fair rules!
