What is a Wager, or wagering requirement?

Let’s look at a simple welcome promotion where they offer a 100% deposit bonus, meaning if we deposit 100 euros, we get 200 euros to play with. However, there’s a problem with this: why would I play if I could just withdraw the 200 euros immediately, doubling my money in 2 minutes? This is exactly why casinos and sports betting sites introduced wagering requirements, which mean that the extra 100 euros you receive can only be withdrawn once you’ve “wagered” it. The wagering requirement varies between casinos and offers, but it typically ranges between 20x and 50x.

To break it down, with a 100 euro bonus and a 20x wagering requirement, you’d need to play through 2000 euros before you can withdraw the money. At first glance, even a 20x wagering requirement might seem like a lot, let alone 40x or 50x, but there are methods to make wagering the money easier.

It’s important to pay attention and carefully read the terms and conditions of a given bonus because some types of games might not count toward the wagering requirement. These often include live games, and in some cases, certain slot machines might be excluded as well. Bonuses should always be seen as an extra opportunity: if you’re lucky, you might meet the wagering requirement in half an hour, but you could just as easily lose all your money.

In cases where you don’t receive a specific cash amount but, for example, 100 free spins, the total winnings from those spins will come with a wagering requirement.

Are there casinos with no wagering requirements?

Yes, there are. Many casinos offer various types of bonuses, some with lighter wagering requirements, and some even have no wagering requirements at all.

Summary

Like everything in life, you need to approach this smartly. Do your research before choosing a casino, look for the best bonuses for you, and always read the terms and conditions.