What Are Online Casino Bonus Wagering Requirements?
January 9, 2018
Online casino bonuses tend to come with wagering requirements attached to them and these are also often referred to as playthrough requirements. In short, this is the amount of cash that you need to wager before you can withdraw any winnings that you have just made from your bonus cash and it can be anywhere from 10x times the bonus amount up to usually no more than 60x times the bonus amount.
Players are also generally required to wager the deposit amount as well as the bonus amount and your wagering requirements generally have to be completed within a certain period of time. This could be one week or one month, but usually no longer than this. If you fail to complete your wagering requirements within the allotted time you will end up losing your bonus.
You also need to be aware that only certain games will contribute more towards completing your wagering requirements than other games and it’s usually the slots, scratchcards and other instant win games / lotto-style games than will contribute 100% towards completing your wagering requirements for every $/€/£1.00 wagered. For example if you wager $/€/£100 on the slots when completing your wagering requirements, the entire $/€/£100 will go towards completing them, whereas games like certain video poker games, roulette and blackjack may only contribute anywhere from 1.00% up to a maximum of 10.00% towards completing them.
If you sign up to one of our reviewed online casinos and it’s currently offering each new player a 100% matching deposit bonus worth up to $/€/£100, this means that the casino will match your deposit up to the value of $/€/£100. Therefore if you deposit the full $/€/£100 you will receive a guaranteed bonus of $/€/£100, giving you a total of $/€/£200 to play with.
Let’s just say that this particular bonus comes with a 25x times wagering requirement attached to it (including deposit + bonus amounts). This means that you would have to wager a total of $/€/£2,600 before you could withdraw. This includes 25 x $/€/£100 deposit ($/€/£2,500) + deposit ($/€/£100). If you only deposited $/€/£20, the amount that you would need to wager would be $/€/£520. This includes 25 x $/€/£20 deposit ($/€/£500) + deposit ($/€/£20), and so on.
If you feel as though it’s taking too long to complete your wagering requirements or if you just can’t be bothered to complete them, don’t forget that you can forfeit your bonus winnings at any time, at which point you should just be left with your initial deposit instead of having any bonus cash or bonus winnings to play with. Alternatively, you could just ‘Not Accept’ / ‘Decline’ the bonus offer when it’s first offered to you. You DON’T have to accept an online casino bonus.