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Wagering Requirements

Wagering requirements are usually the most stifling of bonus terms and conditions. The reason online casinos have them is to mitigate the risk of bonus abuse or bonus exploitation as much as possible.

By imposing wagering requirements, an online casino can effectively stop players from withdrawing their bonus right after receiving it.

Basically, wagering requirements define how much money a player should wager and within how much time they must wager this money in order to successfully withdraw the associated bonus funds and free spins winnings.

The way that these requirements are calculated are different for bonus funds vs. bonus free spins.

Furthermore, they sometimes apply solely to the bonus funds/free spins winnings and sometimes they are applied to both the bonus funds/free spins winnings as well as the deposit amount.

The concise examples below cover the various ways in which wagering requirements are applied and calculated.

The example below demonstrates how wagering requirements are applied to 200 deposit free spins:

Example

Casino Brango offers 500 Free Spins on . These Free Spins come with a 10x wagering requirement. To claim them, you must deposit $20 or more. Moreover, the wagering requirement is applied to both your deposit and the sum you win with the free spins.

Assume you deposit $20 to claim these Free Spins and that you win $120.

Here’s how you would calculate the wagering requirement:

1. $20 deposit + $120 winnings = $220 total value.
2. $220 total value x a 10x wagering requirement = $2200 to wager.

So, once you’ve played $2200, any remaining funds in your bonus balance are converted to real money and transferred to your cash balance. You can now withdraw your free spin winnings.

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This second example shows how wagering requirements work on a match bonus, where it is applied only to the bonus amount:

Example

Silver Oak Casino offers a $ match bonus with a 30x wagering requirement. This means you must play an amount equivalent to 30x times your bonus.

So, if you deposit $ to claim this bonus you must wager $0 to convert the bonus funds to real money you can withdraw.

Here’s a calculation that puts this into perspective:

$ bonus x a 30x wagering requirement = $0 to wager.

So, once you’ve played $0, any remaining funds in your bonus balance are converted to real money and transferred to your cash balance. You can now withdraw your bonus winnings.

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This third example shows how wagering requirements work on a match bonus, where it is applied to both the bonus amount AND the deposit amount:

Example

Yabby Casino offers a $100 match bonus with a 10x wagering requirement and its qualifying deposit.

This means you must play an amount equivalent to 10x the value of your bonus and the deposit you made to claim it.

So, if you deposit $20 to claim this bonus you must play $1200 to convert the bonus funds to real money you can withdraw.

Here’s a calculation that puts this into perspective:

1. $20 deposit + $100 bonus = $120.
2. $120 x a 10x wagering requirement = $1200 to wager.

So, once you’ve played $1200, any remaining funds in your bonus balance are converted to real money and transferred to your cash balance. You can now withdraw your bonus winnings.

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Win Caps

Online casinos will put a hard stop on how much money you can possibly win through a bonus offer by imposing win caps. Depending on the bonus and the casino, the win cap limit can vary quite wildly. The usual range is between $10 and $200.

Bet Limits

When wagering with bonus funds, players may not be able to make high-roller wagers due to bet limits imposed by the casino. This limits the maximum bet amount that can be placed in a single bet.

As a result, it also limits the possibility of enormous wins. Usually, the bet limit is around $5 per bet or free spin.

Excluded Games

These are a list of games mentioned in the casino terms and conditions, which cannot be played while wagering with bonus funds or bonus free spins. Generally, games with a high RTP and volatility are placed on this list.

Game Weighting Percentages

When working towards satisfying wagering requirements, the type of games you are wagering on will play a key role in determining how soon you are able to meet the wagering requirements.

This is because wagers on certain types of games will contribute at higher rates towards the fulfillment of wagering requirements than wagers on other types of games.

The rate of contribution is expressed in the bonus terms and conditions in a table, which is usually titled – game weighting percentages.

Below, is an example of a game weighting percentage table:

• Slots: 100%
• Blackjack and Roulette: 50%
• Baccarat and Keno: 25%

So, if you have $100 wagering pending and you make a $100 wager on slots, you would effectively complete the wagering requirements.

On the other hand, if you make a $100 wager on Blackjack, you would still be left with $50 wagering to complete.

Expiry Dates

Expiry dates are quite self-explanatory. They tell you how long you have before the bonus funds or the bonus free spins expire and are no longer usable. What is not so self-explanatory is that expiry dates can also apply to wagering requirements.

Meaning, you must complete the wagering requirements before the expiry date or you lose your bonus.