Wagering Requirements Explained: How To Get Your Bonus

Perhaps, you’ve been lucky enough to snatch up a juicy bonus, or are only going to visit an online casino and get a gift. Anyway, it will be useful enough to get acquainted with this system and find out all the details. So when you get a present, you can’t just open the cashier section and withdraw it (though yes, it would be perfect). The gifts of this kind are mostly followed by casino wagering requirements. What are they and how to cancel the bonus? Here we go to find out!

Wagering Requirements Explained: What Are They?

You will mostly hear about the conditions of this kind when getting a bonus at an online casino. The platform gives you a gift, but offers to play on the site for a certain amount of funds to grab it. To make it clearer, let’s take a look at the wager requirements explained. In short, it’s the number of times you have to play for the amount of bonus money you get. The average wager is usually x30-x50, though everything depends on the casino’s conditions.

Remember: always get familiar with the requirements of canceling each bonus before accepting it.

How Exactly It Works

Here comes a detailed guide on how to cancel the bonus you can get at an online casino. Easy as a piece of cake, just give yourself a few minutes to understand the scheme.

Example 1: you have a 20 EUR 100% bonus that is followed by a x30 wager (bonus only). This means that you have to play for $20 x 30 = 600 EUR to withdraw your gift.

Example 2: your 100% bonus is also 20 EUR, but now the wager is x20 (bonus + deposit). Now you have to play for $40 (20 bonus + 20 deposit) x 20 = 800 EUR.

When looking at wagering requirements explained in an example, it seems to be easier to understand the thing. But you still shouldn’t miss some more details, so there are some more conditions to pay attention to.

The wager and its type	Of course, you have to pay attention to the wager first - x3 (for cashback mostly), x20-x50, and so on. Besides, take into account whether it’s bonus only or bonus + deposit turnover.
Games for wagering	When you read the Terms of the casino, you can find out that not all types of casino games will do to cancel the bonus. Mostly, casinos have similar conditions, and the bets are counted this way: · slots - 100%; · table games - 50%; · certain games - 0%. *Be aware*: sometimes the whole catalog of a certain provider doesn’t take part in the promotions, so you can’t cancel the promo when playing these games.
The wagering period	Unfortunately, the offers of this sort are rarely open-ended. Mostly, gamblers have several days to follow the requirements of each part of the bonus. When you can’t do it in a certain period of time, the bonus expires.
The maximum bet	When following these requirements and playing the games for money, you also have to follow the bet limit. For example, some casinos accept bets of up to 2 EUR per spin when wagering, while others count only up to 20% of an active bonus. So always read the fine print!
The maximum to win	When you get FS, there’s often a limit of a maximum amount to win. So make sure that you’re clear about that condition.

Where to Find the Conditions

When you get registered, deposit, or do something that implies getting bonuses for it, the conditions of the promo are mostly provided at once. When you don’t understand something and need slots wagering requirements being explained, or just need more details, open the Terms. Moreover, you can contact the support to learn the tiniest conditions not to miss them.

You can find your wagering progress (how much is left, how much time you have) in your account.

Why Casinos Require Wagering

Well, first of all, let’s find out why casinos provide their users with bonuses. Of course, these sites want to encourage customers. But that’s not all, so the other aim of the gambling sites is to turn newcomers into regular customers. And this approach allows the iGaming companies to convince gamblers to start playing, so when you wager the bonus, you deposit and try out the games on the site. This way, you get familiar with the platform’s filling, understand how everything works, and come back again and again. That’s what casinos strive for.

How to Cancel Bonus Without Wagering

Wondering, how to beat wagering requirements? OK, you can’t avoid this process when you want to grab the gift. But it’s a different matter if you don’t want to. Perhaps, you’ve claimed a gift without reading the conditions and now find it pretty unprofitable. Well, you can decline the offer in your account or contact the support to do it. Of course, you will lose the bonus funds. But no need to care about wagering anymore (unless the x3 deposit turnover, but we’ll discuss it soon).

Other Kinds of Wagering

Probably, the wager requirements meaning mostly tells us about the regular case with bonuses. But some other kinds of these requirements also take place. So let’s take a look at them!

Free Spins Wager
All right, you are now clear about the deposit bonus system, so you see the amount of funds and it’s easy to calculate how many spins to make. But what about FS? Actually, the system works the same way, but you’ll have to use your spins first. Have got the winnings? Now it’s time to wager this amount.
Deposit Turnover
Yes, casino wagering requirements are explained. But don’t forget about the deposit turnover, another kind of wagering, but a bit different. It’s the condition most casinos establish to avoid money laundering (or just because they want users to go on playing). The thing is that when making your first deposit you have to play for this amount 3 times (x3 is the average turnover rate) before withdrawing the money.

No-Wagering Gifts

Though you can meet the deals of this sort quite rarely, still gifts with no wagering requirements exist. They are mostly given as secret personal offers, especially to the VIP players (according to the loyalty program). So if you are lucky to see a promo of this kind, don’t hesitate to use it!

Are Casino Bonuses Profitable?

Well, some players are really disappointed when finding out about the additional conditions to withdraw the gifts. So all those colourful advertisements tell us that we can get gifts only, but we learn about pitfalls only then. We can’t say that wagering is a kind of scam or something of that kind, so when you follow the requirements, you really get the promised present. Here come the benefits of these promos to convince you that the gifts are worthy:

if you are a high roller and don’t mind playing for a big amount of funds, you won’t even notice when canceling the bonus;
you get a present for free - deposit offer or FS;
it’s your chance to get acquainted with the casino.

FAQ

How do online casino wagering requirements work?

Let’s take a look at Ladbrokes wagering requirements for the casino bonus explained as an example. You bet for 10 EUR, get 50 EUR, and wager the gift with x40 wager, so you have to play for 50 x 40 = 2000 EUR then. Now feel free to withdraw the gift.

Do I wager the bonus amount only?

It all depends on the promo’s conditions, so sometimes you have to wager the deposit amount as well.

How to find the best casino sites with no wagering requirements?

Here we are: our Top100 team is ready to represent trustworthy casinos with the most juicy offers. But be aware: these deals are quite rare and are given mostly to the VIP players (the highest statuses of the loyalty program).