Possibly, the most important of all terms and conditions that casinos tag to their bonuses is the wagering requirement. For the $100 no deposit bonus, it requires you to wager your bonus amount a given number of times before you can claim your winnings from it.
Casinos express the wagering requirement as a multiplier, e.g. 30x your bonus. The wagering requirements for the $100 no-deposit bonus are slightly high, usually anywhere from 40x to 99x your bonus amount.
The following example will help us understand this condition better.
Vegas Rush casino offers a $100 free chip as a no deposit bonus to all its new players. The wagering requirements for this offer are 50x the bonus amount. This means if you won $100 with this bonus, to claim it you would need to wager a total of $5,000 ($100 X 50)!
Let us now see how wagering requirements work for the 100 no deposit free spins bonus and also the deposit bonuses for this same value – $100 bonus and 100 free spins deposit bonus.
For the no deposit free spins bonus, the wagering requirements work slightly differently from the no deposit bonus – you are required to wager the winnings from the bonus the required number of times.
The wagering requirements for no deposit free spins bonuses are usually anywhere between 40x and 99x the bonus winnings. The following example will help explain this better.
A casino offers a no deposit bonus of 100 free spins on , with a wagering requirement of 40x your bonus winnings. Assume you used this bonus and won $80. To be able to withdraw this $100 that you won, you would need to wager a total of ($80 bonus winnings X 40x)!
Claim Your Bonus at Spin247 Casino
Min deposit: Free
Wager: 40xAllocation: cashierBonus Code: Not Required
Register a real money account with Ozwin Casino and pocket a cool welcome bonus on your first deposit, of 100% up to $2000 and 100 free spins!
To claim this offer, use the coupon code. The minimum deposit to be eligible for this bonus is $20. The wagering requirement for this bonus is 30x the bonus amount.
You deposit $2000 and get a matching $2000 bonus from the casino, giving you a total of $40 to play with, and then use this bonus to pick up $2000in wins. To redeem your winnings of $150 you would need to wager a total of ($2000 bonus X 30x).
For some casinos, the wagering requirement covers the deposit and bonus amount. The following example will help understand this better.
You sign up with a casino and get a welcome bonus of 100% up to $2000, with a 30x wagering requirement on the deposit and bonus amounts. You use this bonus and win a total of $40. To claim your winning amount of $40 you will need to wager a total of $1200 [$40 X 30x]!
Claim Your Bonus at Ozwin Casino
Min deposit: $20
Wager: 30xAllocation: CodeBonus Code: OZWELCOME-B
A number of casinos offer the welcome bonus as a package that contains a match deposit bonus and a free spins bonus. A good example of this is mFortune Casino, which offers a superb welcome bonus of 200% up to £100 and 100 free spins on your first deposit!
Here is how the wagering requirements work:
For the free spins it is 20x the bonus winnings
For the deposit bonus it is 20x the bonus amount
Claim Your Bonus at mFortune Casino
Min deposit: £10
Wager: 20xAllocation: AutoBonus Code: Not Required