Wagering Requirements Demystified

So, you finally got that elusive casino bonus, and you are ecstatic about putting it to winning use, but something reminds you to read the casino bonus fine print. It is always wise to read the casino bonus fine print because if you don't understand how the bonus wagering requirements work, you won't get the most out of the bonus or might make it invalid.

What Exactly Is a Wagering Requirement?

Wagering requirements, also known as bonus playthrough requirements, are the requirements that players must satisfy before they can cash out on that particular bonus. In its basic form, wagering requirements are the number multiplied by the value of your deposit and the bonus money to become eligible for withdrawals.

The smart gamble is finding and securing casino bonuses with the lowest wagering multiplier requirements. The lower the bonus wagering requirement, the faster you can satisfy them and receive bonus winnings. Also, dealing with lower wagering requirements minimizes the risks of massive losses and losing the entire pot.

If you need help determining the wagering requirements, most online casinos have built-in calculators to help you, or they detail it with examples of that bonus' terms and conditions. In simple terms, if you have deposited $250, and the wagering requirement is 25x, you must wager no less than $6,250 before you are eligible for withdrawals.

Free spins wagering requirements are slightly different compared to deposit bonus requirements. With free spins, because the deposit is irrelevant, the wagering requirements are associated with how much money you win off the free spins.

Some casino bonuses might sometimes assess the wagering requirements based on the bonus money plus the initial deposit value, finally multiplied by the wagering requirements. As you can see, these bonuses are very expensive and best avoided entirely.

The Best Wagering Requirements

Hopefully, you understand the value of choosing bonuses with low-wagering requirements, but sometimes, that's not in the cards. Average wagering requirements bonuses are between 20x to 30x. We don't recommend going any higher than that because of the money it takes to withdraw. And should you earn that bonus money, there's no guarantee you can maintain it because anybody can lose.

Most bonuses apply to slot games, but some bonuses also work for table games. It is unusual for bonuses to work for live dealer or progressive slot games, but it is virtually impossible to gauge the wagering requirements, let alone satisfy them.