WAGERING REQUIREMENTS
Almost every casino has certain wagering requirements regarding awarded bonuses. On this page,
I will explain what a wagering requirement means and what terms you need to be aware of when
singing in for a bonus.
What is a wagering requirement?
A wagering requirement is a set requirement of the number of times you need to multiply your awarded bonus in order to claim your winnings. Online casinos often offer special bonuses to lure (new) players to sign up and/or deposit money into their accounts. Most bonuses consist of a free spin bonus of a multiplier of your deposit. The wagering requirement on these bonuses give the player the obligation to multiply their given bonus a certain amount of times before they will be able to withdraw them.
For example: You sign up to an online casino and you deposit €50 to your account. The deposit bonus is 200% and the wagering requirement is 5x. Your wagering requirement will be €50 × 200% = €100 multiplied by 5 is €500. In other words, you need to win €500 with your €100 bonus in order to be able to cash out that bonus.
Common wagering terms
Most online casinos have many terms written about the wagering requirements of your given bonus. Make sure to read the terms and conditions carefully in order to be completely informed about the applied requirements. Always look for the most common terms to make sure you won’t end up disappointed.
As said before, most online casinos have wagering requirements regarding your given bonus. Some online casinos however, demand that you wager not only your bonus, but your initial deposit as well. This means that, in the example given before, you need to wager your account balance to (€50 + €100) × 5 = €750.
Not only money bonuses are subject to wagering requirements. Requirements are often also applied for free spin bonuses. This means that you must wager your free spins, valued by your bet, a number of times before you’ll be able to cash out your winnings.
The wagering requirement isn’t the same for all available games. Some online casinos require different wagerings for different types of games, like slots or table games. Sometimes, specific games are excluded from wagering. This means that playing that game with bonus money, will not be rewarded.
In almost all cases, there’s a wagering deadline in place. This means that your given bonus will only be available to play with for a limited amount of time. If the wagering requirement is not met at the time of the deadline, your bonus will be forfeited.
- Wagering requirement
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As said before, most online casinos have wagering requirements regarding your given bonus. Some online casinos however, demand that you wager not only your bonus, but your initial deposit as well. This means that, in the example given before, you need to wager your account balance to (€50 + €100) × 5 = €750.
- Free spin bonus
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Not only money bonuses are subject to wagering requirements. Requirements are often also applied for free spin bonuses. This means that you must wager your free spins, valued by your bet, a number of times before you’ll be able to cash out your winnings.
- Game exclusions
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The wagering requirement isn’t the same for all available games. Some online casinos require different wagerings for different types of games, like slots or table games. Sometimes, specific games are excluded from wagering. This means that playing that game with bonus money, will not be rewarded.
- Wagering deadline
-
In almost all cases, there’s a wagering deadline in place. This means that your given bonus will only be available to play with for a limited amount of time. If the wagering requirement is not met at the time of the deadline, your bonus will be forfeited.
Read the terms and conditions carefully!
Found an attractive bonus? Good! But before you register, read the term and conditions carefully.
Sometimes strict terms and conditions may apply before you can play with your deposit or withdrawal your winnings. To avoid disappointments and unwelcome surprises, always make sure you have a full understanding of these terms and conditions.
I try my best to collect and inform you on all the details of these bonuses, but in the end, it’s your sole responsibility to make the right decision.
What to find in my casino guide
THE BEST CASINO BONUSES
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TIPS FOR PLAYING
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