Wagering Requirements
From the casino’s point of view, the most important condition associated with an online casino bonus is the wagering requirement. It can be the difference between the casino ending up on the profitable side or losing out.
This condition works differently for the different types of bonuses it covers:
No deposit bonus: It requires you to wager your bonus amount a given number of times. Only after you have done so may you make a withdrawal request for cashing out your winnings from the bonus in question.
Here is an example of wagering requirements being applied to the bonus amount of a no deposit bonus:
Example
Casino Extreme 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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Deposit match bonus: You are required to wager your bonus amount as well as the deposit amount the prescribed number of times. Only after that may you make a withdrawal request.
Here is an example of wagering requirements being applied to the bonus amount of a deposit bonus:
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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Here is an example of wagering requirements being applied to the deposit and bonus amount of a deposit bonus:
Example
Yabby Casino offers a $200 match bonus with a 40x wagering requirement and its qualifying deposit.
This means you must play an amount equivalent to 40x the value of your bonus and the deposit you made to claim it.
So, if you deposit $20 to claim this bonus you must play $8800 to convert the bonus funds to real money you can withdraw.
Here’s a calculation that puts this into perspective:
- $20 deposit + $200 bonus = $220.
- $220 x a 40x wagering requirement = $8800 to wager.
So, once you’ve played $8800, 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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Min deposit$20
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No deposit/deposit free spins bonus: You are required to wager the winnings from the bonus awarded to you a given number of times. Only then may you make a withdrawal request.
Here is an example of wagering requirements being applied to the winnings you earned with the no deposit/deposit free spins bonus:
Example
Platinum Reels Casino offers 125 Free Spins on on Tarot Destiny. These Free Spins come with a 45x wagering requirement.
Let’s assume you claim these Free Spins and win $100. This means you must wager $4500 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 45x wagering requirement = $4500 to wager.
So, once you’ve played $4500, 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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