A wagering requirement is a multiplier that represents the number of times you have to play though a bonus before you are able to withdraw any winnings.
For example: I am given a $20 Casino bonus with a 10x wagering requirement. This means I need to make a total amount of bets of $200 on eligible games, before I can withdraw any pending winnings gained.
Why do online casinos implement wagering requirements?
It’s actually quite simple. They do this to ensure that they are not paying out more than they can afford. If there were no wagering requirements, it would be much easier for players to profit from a casino bonus. Some casinos are more realistic when it comes to the wagering requirements they implement. For example, deposit bonuses for new members can range from 10x to 70x.
What wagering requirements should I pay the most attention to?
Casino bonuses available online today come with many terms and conditions. Therefore, it is important to read the fine print in full before registering and depositing money. The first thing to pay attention to is the size of the wagering requirement, whether it is 10x, 35x or 50x. Meanwhile, it’s also worth looking at what games are allowed. As a result, some games may contribute more to your wagering requirements than others. For example, slots can contribute 100%, while table games can only contribute 10%.
What happens if I don’t meet the wagering requirement on time?
Players who do not meet the wagering requirements before their bonus expires risk losing everything they have earned up to that point. However, this depends on the specific bonus conditions set by your casino. So, make sure you are familiar with the requirements, as well as how much time you have at your disposal, before you begin.
Bear in mind, in many occasions casino operators also set maximum bet amount (i.e. 5$/€ maximum bet while playing with bonus) to meet wagering requirements.
