100 free spins bonuses have wagering requirements, which online casinos display as multiplier values. For example, a bonus may have a wagering requirement of 40x, indicating the number of times you have to wager your bonus winnings before requesting a cashout.
Assuming that you won $100 while using your 100 free spins, you have to wager $100 forty times or $4000 before cashing out the winnings.
Many players dislike wagering requirements, but they help online casinos profit from their bonus offers. Also, they prevent bonus abuse and give players the satisfaction of earning bonuses without breaking any bonus rules.
In the case of 100 free spins no deposit bonuses, the wagering requirement applies only to the free spins winnings. However, if you make a deposit to claim the bonus, the wagering requirement applies to the deposit amount too.
Here is a 100 free spins no deposit bonus with wagering requirements that apply only to the free spins winnings:
Dreams Casino offers 100 Free Spins on on Stardust. These Free Spins come with a 30x wagering requirement.
Let’s assume you claim these Free Spins and win $100. This means you must wager $3000 to convert the Free Spins winnings to real money you can withdraw.
Here’s a calculation that puts this into perspective:
$100 winnings x a 30x wagering requirement = $3000 to wager.
So, once you’ve played $3000, any remaining funds in your bonus balance are converted to real money and transferred to your cash balance. You can now withdraw your Free Spins winnings.
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Check out the following example of a deposit 100 free spins bonus subject to wagering requirements applying to the free spins winnings plus the deposit amount:
PlayZilla Casino offers 200 Free Spins on . These Free Spins come with a 35x wagering requirement. To claim them, you must deposit €20 or more. Moreover, the wagering requirement is applied to both your deposit and the sum you win with the free spins.
Assume you deposit €20 to claim these Free Spins and that you win €40.
Here’s how you would calculate the wagering requirement:
- €20 deposit + €40 winnings = €60 total value.
- €60 total value x a 35x wagering requirement = €2100 to wager.
So, once you’ve played €2100, any remaining funds in your bonus balance are converted to real money and transferred to your cash balance. You can now withdraw your free spin winnings.
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