What are 'Wagering Requirements?'

Simon Wells
Authored by Simon Wells
Posted Saturday, April 29, 2023 - 6:54am

When you claim an online casino bonus, you will find that it usually comes with wagering requirements. It's basically the amount of money players must wager before they can cash out any winning they have made from their bonus.

Wagering requirements are also often called rollover requirements or playthrough requirements, and they're attached to almost every online casino bonus. Take a closer look right here.

Why do online casino bonuses come with wagering requirements?

It's simple. Bonuses that you can claim on your smartphone, tablet, laptop, or desktop computer at online casinos and other similar licensed real money gambling sites (online poker, lottery, sports betting and bingo sites, for example) are a great way for operators to entice new players to sign up.

However, the operators of these sites would go out of business relatively quickly if they didn't attach wagering requirements to their bonuses.

If they kept giving away free money without wagering requirements, there's a good chance the players that receive the free bonus money would withdraw it and spend it elsewhere. Wagering requirements stop this from happening.

How do wagering requirements work?

Let's take a closer look at how wagering requirements work, using the Casumo online casino as an example.

If you were to register a new account at this trusted online casino today, you would be able to claim a guaranteed 100% matching deposit bonus worth up to $/€/£25.00 as part of the welcome bonus + 25 free spins would also be credited to your account upon depositing.

This particular sign-up offer is fairly standard, and it comes with a 30x wagering requirement attached, which is also fairly standard, but what does this mean? It means that the amount of bonus money and the free spins winnings must be wagered at least 30x times before you can withdraw.

For example, if you deposit $/€/£10 using your preferred payment method (e.g., Visa, Skrill, PayPal, or Apple Pay, etc.), the 100% match bonus part of the offer means you can double up on your deposit.

Therefore, you will receive $/€/£10.00 in free bonus money. If you maximise the bonus and deposit $/€/£25.00, you will receive $/€/£25 bonus money, and so on.

If you deposited just $/€/£10.00, this amount would need to be wagered 30x times (so $/€/£300.00) before you could withdraw. You would need to complete the wagering requirements before you could withdraw any bonus winnings you make from your match bonus money. It's that simple.

How long do I have to complete my wagering requirements?

The amount of time you have to complete your wagering requirements varies from one online casino to the next, but at Casumo, it's 30 days. At some online casinos, it might only be one day or one week.

Do all games count towards completing wagering requirements?

That's a very good question. No, not all games will contribute 100% towards completing your wagering requirements for every $/€/£1.00 (or equivalent currency value) you wager.

You're best off sticking to the instant-win games and slots. However, there may be a few slots that don't help towards completing your wagering requirements.

The best way to find out which games will help you complete your wagering requirements in as little time as possible is to always make sure you read through the terms and conditions whenever you accept an online casino bonus.

 

Gambling can be addictive, please play responsiblyClick HERE for free, confidential advice if you are worried about your gambling.

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