How Do Wagering Requirements Work?
Wagering requirements represent how much you need to bet before you can withdraw winnings you’ve made from a casino bonus offer. They are sometimes also called “playthrough requirements” or “bonus rollover”. Most offers don’t allow you to withdraw any money until you meet the wagering requirement.
Wagering requirements can apply to just the bonus or the bonus amount and the qualifying deposit are presented as, for example, ‘35x’. This means you’d need to wager either the bonus or bonus and deposit amount 35 times. They vary from casino to casino and from offer to offer and can range from 10x to over 60x.
If you don’t bet as much as the wagering requirements state that you need to on a specific offer, you cannot cash out any money. The thinking here is to prevent online casinos losing too much money from bonuses. This also blocks players from doing the rounds on casinos cleaning up on welcome offers and not paying back in to any sites.
You should always remember that the higher the wagering requirements for a bonus, the harder it is for you to cash out. And the lower the wagering requirements, the more easily you will be able to withdraw the bonus figure and any related winnings. Be wary of bonuses with high wagering requirements as it can sometimes be counterproductive to take one on that means you have to keep betting a lot before withdrawing.
For example, imagine one casino site is offering a €100 bonus when you make an online deposit of €100 with a wagering requirement of 30x, which is around the mid-range, applied to the bonus amount.
€100 (casino bonus) x 30 (wagering requirement) = €3,000.
Therefore in order to withdraw any winnings, you earn from your bonus, you’ll need to wager a total of €3,000. If it also includes your deposit it will look like this:
€100 (money deposited) + €100 (casino bonus) x 30 (wagering requirement) = €6,000.
As you can see, this can make it very difficult to turn a casino bonus into actual withdrawable money.