The one condition associated with a no deposit bonus that every player knows about is the wagering requirement. As per this condition, you are required to wager your bonus or your bonus winnings – depending on the type of no deposit bonus you are using – a given number of times in order to be able to redeem winnings from it.
The wagering requirement is expressed as a multiplier of the bonus or bonus winnings, e.g. 50x the bonus, or 50x the bonus winnings. No deposit bonuses have higher wagering requirements than their deposit bonus counterparts. It could be anywhere from 45x to 99x.
The following example will help us understand how the wagering requirement works.
Example
Casino Brango offers a $100 no deposit bonus with a 40x wagering requirement. This means you must play an amount equivalent to 40x times your bonus.
Here’s a calculation that puts this into perspective:
$100 bonus x a 40x wagering requirement = $4000 to wager.
So, once you’ve played $4000, any remaining funds in your bonus balance are converted to real money and transferred to your cash balance. You can now withdraw your bonus winnings.
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For match deposit bonuses, the wagering requirements work out a little differently.
Example
Black Lotus Casino offers a $91 match bonus with a 60x wagering requirement. This means you must play an amount equivalent to 60x times your bonus.
So, if you deposit $20 to claim this bonus you must wager $5460 to convert the bonus funds to real money you can withdraw.
Here’s a calculation that puts this into perspective:
$91 bonus x a 60x wagering requirement = $5460 to wager.
So, once you’ve played $5460, any remaining funds in your bonus balance are converted to real money and transferred to your cash balance. You can now withdraw your bonus winnings.
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