Welcome to this week’s Tip of the Week! Today we will be talking about a phrase that casino players, even the new ones, will have spotted before – wagering requirements. Read on for an explainer on what they mean and how to interpret them.
What is a wagering requirement?
A casino’s wagering requirements are usually displayed as ‘35x’ or ’35 times’, both of these meaning the same time. The term ‘wagering requirement’ is usually found in the text of a promotional offer or bonus and that’s for a very good reason.
Let’s take our previous example of 35x. Say you’re interested in a deposit match a casino is offering – a 100% up to €100 for instance. You choose to deposit €100 and so you get the full deposit match of a further €100.
As the wagering requirements are set to 35x – a relatively common value – you are bound by the casino terms and conditions to wager at least 35 times your initial deposit before you can cash out any winnings gained from your bonus funds. For the purpose of this example, that works out to: €100 x 35 = €3500. So, you must be prepared to wager €3500 before you can release your bonus winnings.
What is the range of wagering requirements?
Most casinos will set their wagering requirements to be between 25 times and 40 times. Casinos will also often specify whether the requirements apply to the deposit alone or to the deposit and any free spins that are given as part of the same bonus.
Some casinos offer wager-free goodies like free spins. These will often be highlighted in the promotion text.
Where can I learn about a casino’s wagering requirements?
The best place to find out is the casino’s terms and conditions page. Some casinos also identify their wagering requirements in the terms and conditions specific to promotions and campaigns, and will provide a link to this text in the relevant promo areas.
Check out the casinos below to learn more about their game offerings and wagering requirements.