The one condition associated with a no deposit bonus that every player knows about is the wagering requirement. As per this condition, you are required to wager your bonus or your bonus winnings – depending on the type of no deposit bonus you are using – a given number of times in order to be able to redeem winnings from it.
The wagering requirement is expressed as a multiplier of the bonus or bonus winnings, e.g. 50x the bonus, or 50x the bonus winnings. No deposit bonuses have higher wagering requirements than their deposit bonus counterparts. It could be anywhere from 45x to 99x.
The following example will help us understand how the wagering requirement works.
Example
Casino Brango offers a $200 no deposit bonus with a 5x wagering requirement. This means you must play an amount equivalent to 5x times your bonus.
Here’s a calculation that puts this into perspective:
$200 bonus x a 5x wagering requirement = $1000 to wager.
So, once you’ve played $1000, 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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Min depositFree Wager 5xAllocation CodeBonus Code DK200 For match deposit bonuses, the wagering requirements work out a little differently.
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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Min deposit$30 Wager 30xAllocation CodeBonus Code WELCOME320