What is wagering requirement in online casinos?

Last updated on August 28th, 2021 at 04:50 pm

What Is Wagering Requirement Online Casino? First things first. We must first explain the concept of wagering requirements and its role in the online gambling world.

A wager are essentially bets or money spent on online slot games, bingo games, casino games, poker games or table games. When it comes to online casino bonuses, there is usually a wagering requirement.

The betting requirement is the amount (usually a multiple of the bonus amount) that a player must play before being allowed to withdraw. Casino bonuses usually have many conditions that players must meet. Including minimum withdrawal limits or wagering requirements. Most new players find it difficult to understand how exactly it works.

When you sign up for an online casino and receive a bonus when you deposit, you will usually be asked to meet the wagering requirements before allowing withdrawals. If you do not meet these wagering requirements, your winnings will never be converted into real funds for withdrawal.

How to calculate the wagering requirements of the bonus?

Probably this is the boring part, but for you, it is important to understand how the wagering requirements work and how to better choose the casino bonus that best suits your funds.

• Wagering Bonus Requirements: Let’s imagine that the casino is rewarding you with $€100 casino bonus and the wagering requirement of the bonus is 5 times.

Example: $€100 (casino bonus) X 5 (wagering requirement) = $€500

• Wagering Bonus + Deposit Requirements: There are also such bonuses when you will have to wager not only the bonus amount you received from casino, but including your deposit too. Let’s say your initial deposit is $€20 and you received C$€100 casino bonus with wagering requirements of bonus + deposit 5 times.

Example: $€100 (casino bonus) + $€20 (deposit) X 5 = $€600

Where can I learn more about casino bonus wagering requirements?

Thanks to many laws and regulations that make betting requirements more visible and transparent, players can now access all relevant information. Every casino operator that offers cash rewards (including free spins) needs to display terms and conditions. In these terms and conditions, you should find all requirements and other information that may prevent players from freely withdrawing money.

Make sure to always read terms and conditions. Usually, they are included in links or on promotional pages.

Why do wagering requirements exist?

The truth of the matter is that because casinos need to comply with anti-money laundering regulations, there are betting requirements. If the online casino does not have any betting requirements, criminals can easily clear illegal funds through direct deposits and withdrawals.

What are wager-free casino bonus offers?

Wager-free is exactly what it says. Wager-free is a bonus offer without any betting requirements attached. The real beauty of these offers is that they can be snatched up immediately without any delay.

Although they might be on the smaller side, the big plus here is that you usually don’t need to make a deposit prior to taking advantage of them. They come in the shape of either a no deposit bonus offer or else as wager-free free spins.

Best Casinos with low wagering requirements and Free-Spins

How do I beat online casino wagering requirements?

If you are here, you have come to the right place. However, before registering for an online casino, make sure that it has been licensed by a reputable gaming licensee. Licensed casinos comply with many laws and regulations, including a high level of security and trustworthiness.

How to beat wagering requirements

In order to meet the betting requirements, you need to use the bonus to bet until a certain amount is reached. Every bet you place on eligible games will be added together. If your total bet reaches the target, it means that you have met the wagering requirements and completed them. Your winnings will become real money that you can withdraw.