Casino Bonuses: Wagering Requirements Explained

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  • Written by Anette
  • Posted on March 23, 2020
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Home News & Articles Casino Bonuses: Wagering Requirements Explained

Online casinos offer different incentives to their new and existing players. They come in the form of bonuses, free spins and cashbacks you can use to play more casino games. No matter how the world of online gambling with all these benefits may seem entertaining, there are still certain limitations which bring us back to reality.

One of them is a so-called wagering requirement. If you have ever claimed any kind of casino bonus, you must be familiar with this term. Stay with us to learn all about wagering requirements and how they function.

What Is a Wagering Requirement?

A wagering requirement is a term that refers to a multiplier you will find in the terms and conditions you need to adhere to when using a casino bonus. If a wager is a bet you place when playing a casino game, a wagering requirement represents how much you need to bet to turn your bonus into real money. And, clear it from your account. Another term for the same concept is playthrough.

How wagering requirements work?
Make Sure to Understand the Math Behind Wagering Requirements
To put it simply, a wagering requirement represents the number of times you need to play a certain amount (a bonus or a bonus plus a deposit) to be able to withdraw it. Let’s say a bonus comes with a 30x wagering requirement. If the bonus is worth €100 and a wagering requirement of 30x the bonus applies, that means you have to wager €3,000 in real money to turn it into withdrawable cash.

Casino Games and Wagering Requirements

What you need to know is that not all the games contribute the same way towards the wagering requirements. Let’s take a closer look at how bets on particular casino games count.

  • Slots

    Slots are ultimate games of chance which require no experience or skills. Due to their nature, most slot games contribute to the wagering requirements at a 100% rate. Speaking of slots’ nature, we mean the fact that players cannot increase their winning chances while playing a slot machine. So, all the money you have placed on the slot machine of choice will be reduced from the money you are obliged to wager.

  • Table Games

    When it comes to table games, most of them involve skill, which means that wagers on them contribute at a lower rate. It differs from casino to casino but can be anywhere from 5% up to 20%, which is pretty small. For instance, if you wager €100 on Roulette and bets on this game contribute at a rate of 10%, only €10 will be deducted from the required amount.

  • Live Casino Games

    Bets on live casino games are treated more or less the same way as those placed on table games. You should avoid both categories if you want to turn your free cash into real money as quick as possible.

  • Other Games

    Luck-based games like Keno or scratch cards in most cases function like slots with bets placed on them counted 100%. However, you should always consult the bonus terms and conditions to learn all about the eligible games and if there are any exceptions.

How Much Time You Have to Meet Wagering Requirements?

It also depends on the casino you have signed up with. At some gaming establishments, you have a week to meet wagering requirement while at others, you can do it within a month from the moment you have claimed the bonus.

A Few More Details

Of course, there are other terms and conditions you have to follow if you want to turn your bonus or free spins winnings into withdrawable cash. One of them is how much you have to wager per round, which is typically put as the maximum bet allowed. Any wager larger than that will result in counterfeiting your bonus funds.

When looking for a bonus, always choose those offers that have lower wagering requirements, which you can meet within a reasonable amount of time.

Best Online Casinos to Claim Bonuses

Read Terms & Conditions

Whenever you want to claim a bonus or take advantage of a promotion, make sure to study the terms and conditions first. Think of them as the small print that can make your whole experience upside down if you don’t acknowledge it.

Sometimes, bonus terms and conditions are given as part of the T&C section. Other online casinos have a standalone T&C page dedicated to bonuses and promotions only.

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