Wagering requirements apply to the money you win while using a 40 free spins bonus. Online casinos express wagering requirements as multipliers that denote the number of times you have to wager your 40 free spins no deposit bonus winnings before requesting a cashout.
For example, a 40 free spins no deposit casino may subject its bonus to a wagering requirement of 40x. Assuming that you won $100 while using the bonus, you have to wager $100 forty times or $4,000 before cashing out.
Bonus rollover requirements prevent bonus abuse from players. They ensure that online casinos profit from their 40 free spins bonus offers by making players work (wager) to earn their free spins winnings.
Wagering requirements apply only to 40 free spins no deposit bonus winnings. If you deposited money to claim the 40 free spins, the wagering requirement might also apply to the qualifying deposit amount.
Consider the following example of an online casino with a 40 free spins no deposit bonus:
Loco Joker Casino offers 40 Free Spins on on Betsoft Slots. These Free Spins come with a 20x wagering requirement.
Let’s assume you claim these Free Spins and win R100. This means you must wager R2000 to convert the Free Spins winnings to real money you can withdraw.
Here’s a calculation that puts this into perspective:
R100 winnings x a 20x wagering requirement = R2000 to wager.
So, once you’ve played R2000, 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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Here’s an example of how wagering requirements applied to both your free spin winnings and the deposit you made to claim the free spins:
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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