Casino Bonus Wagering Requirements Explained

Anil Panesar - Senior WriterAnil Panesar - 20 September 2021 in Features
Header_Wager_Art

Are you confused by casino wagering requirements? Maybe you are uncertain how bonus wagering works or how to cash out your bonus winnings? If so, you have come to the right place.

On this page, we answer any questions you might have about wagering requirements. We explain how they apply to different bonuses and how to calculate them, and how to tell if they are reasonable. Lastly, we break down all other bonus terms that are important wagering a casino bonus.

FAQ's

Since all game results are random and based on luck, no strategy can ensure you wager your bonus.

However, by understanding how casino game's work in terms of RTP (Return to Player) percentages and volatility, you may somewhat increase your chances of wagering your bonus by making your bankroll last longer.

To put it simply, the best strategy is to play low-volatility slots with high RTPs and adjust your bet size according to your current bankroll.

Casinos have wagering requirements:

  • To ensure you do not claim a free bonus and withdraw the funds immediately.
  • To ensure you do not claim a match bonus and withdraw your deposit and the bonus funds you have received.
  • In a nutshell, casinos have wagering requirements to limit financial risk and ensure they do not go bankrupt by offering bonuses.

    Most of them do. Although wager-free casino bonuses do exist, they are pretty scarce. Generally, you can expect online casinos to have wagering requirements ranging from 30 to 70 times your bonus or free spin win.

    It is advisable to play slot machines as your entire stake will count towards your wagering requirements if the game is not included in the casino's list of excluded games.

    What Are Wagering Requirements?

    Casinos apply wagering requirements to prevent you from claiming a bonus and cashing out the bonus instantly. If they did not have such terms, they would be basically be giving away money.

    To cash out your bonus, you must play through the value of your bonus between 30 and 70 times. This is known as "wagering a bonus", and the higher a wagering requirement is, the harder it is to complete.

    Wagering requirements are expressed as a number and applied to:

    How Wagering Requirements Work

    To grasp how wagering requirements work, you must first understand how casino bonuses work in general.

    Here is what you need to know:

    • Your casino account has two balances – a cash balance and a bonus balance. Money you deposit is credited to your cash balance. Bonus credits and free spin wins are added to your bonus balance.
    • You can always withdraw the funds in your cash balance.
    • You play with the money in your cash balance first. When there is no money left in your cash balance, you start playing with bonus money. At this point, you start wagering your bonus.
    • To convert your bonus funds to real money, you must complete the bonus wagering requirement. When you have completed the wagering requirement, any remaining bonus funds are transferred to your cash balance.
    • You can see how much you have left to wager in your account settings.

    How Wagering Requirements Are Applied To Different Bonuses

    No Deposit Bonuses

    When you claim a no deposit bonus, the wagering requirement is applied to the total sum of bonus credits you have received.

    So, if you claim Uptown Ace's ?740 no deposit bonus, which has a 60x wagering requirement, you must stake ?44,400 to convert the bonus funds to real money.

    ?740 no deposit bonus x a 60x wagering requirement = ?44,400 to wager.
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    No Deposit Free Spins

    When it comes to free spins, wagering requirements are applied to the sum you win.

    For example, if you win ?7,400 with Royal Vegas's no deposit free spins, which have a 50x wagering requirement, you will have to play ?370,000 to convert your winnings to real money.

    ?7,400 free spin win x a 50x wagering requirement = ?370,000 to wager.
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    Match Deposit Bonuses

    When playing with a match bonus, you may have to wager only the bonus or the total sum of your bonus and its qualifying deposit.

    When the wagering requirement applies to both the bonus and its qualifying deposit, it becomes much harder to complete.

    For example, Casino Planet offers new players a 100% match bonus up to ?30,000 with a 40x wagering requirement. The wagering requirement only applies a wagering requirement to the bonus.

    If you deposit ?10,000 to claim the bonus, the wagering requirement would look as follows:

    ?10,000 bonus x a 40x wagering requirement = ?400,000 to wager.

    However, had Casino Planet applied a wagering requirement to both your bonus and its qualifying deposit, you would have had to wager twice as much.

    See the calculator:

    ?10,000 deposit + ?10,000 bonus = ?20,000 x a 40x wagering requirement = ?800,000 to wager.

    Deposit Free Spins

    Wagering requirements for deposit free spins can apply to only your free spin winnings or to both your free spin winnings and the deposit you made to claim the offer.

    For example, if a casino offers new players 50 free spins, with a 40x wagering requirement applied to both the free spin win and the qualifying deposit, the wagering requirement would look as follows.

    If you deposit ?10,0000 to claim the free spins and win ?7,400, the wagering requirement will look as follows:

    ?10,000 deposit + ?7,400 free spin win= ?17, 400 x a 40x wagering requirement = ?696, 000 to wager.

    How To Know If a Wagering Requirement Is Reasonable

    As wagering requirements range from 20x to 70x, you should always check them before signing up with a new casino and claiming its bonus.

    When claiming a match deposit bonus, you should also check if the wagering requirement applies to both your bonus and its qualifying deposit or only to the bonus.

    Follow these simple guidelines to quickly find out if a wagering requirement is reasonable.

    These guidelines assume the wagering requirement only applies to your bonus:

    • 20x – Excellent.
    • 30x – Low.
    • 35x-40x – The industry standard.
    • 40x 50x – Within industry standards, although slightly high.
    • 60x – High.
    • 70x or more – Too high. You can easily find excellent bonuses with much lower wagering requirements.

    Bonus Terms That Affect Your Bonus Wagering

    Here are the bonus terms you must consider when trying to convert your bonus to real money:

    Permitted Games

    All Indian casinos exclude specific games from bonus wagering. If you play with bonus credits on excluded games, your stake does not count towards the wagering requirement. You find all excluded games listed in the casino's general terms and in our reviews.


    Game Weighting Percentages

    Game weighting percentages specify how much of each bet contributes to your wagering requirement when you play a specific game.

    When you play a 10%-weighted game, ?100 is deducted from your wagering requirement with every ?1,000 spin or hand. Most slot machines are 100% weighted, meaning that your entire stake counts towards your wagering requirement.

    Table games, live dealer games usually have game weighting percentages ranging from 1% to 30%. When wagering a bonus on any other game than slots, game weighting percentages thus become very significant.

    These are typical examples of game weighting percentages at Indian online casinos:


    Bet Limits

    Many casinos will not let you bet more than ?370 per spin or hand when playing with bonus credits.

    They have this rule to lessen your chances of getting massive wins that leave substantial funds in your bonus balance after you have completed your wagering requirement.

    Let us assume you claim Yako Casino's free spins and win ?740. As these free spins have a 40x wagering requirement, you now have to wager ?29,600 to convert the win to real money.

    If you bet ?1,400 on the next spin and hit the 120x max win in Starburst; the scenario would look like this:

    If we apply the ?370 bet size limit to the same win, the scenario will look as follows:

    Best Practices When Wagering a Casino Bonus

    No matter what you have read or heard, there is no way to 'beat' wagering requirements. However, by following a few practices, you can increase your chances of wagering your bonus as much as possible.

    Choose Games With High RTPs

    Games with high RTP (Return to Player) percentages payout more winnings - and the more you win, the more likely you are to sustain your bankroll until you complete your wagering requirement.


    Do Not Play Table Games

    Since table games and live casino games have low game weighting percentages, they are inefficient when wagering a bonus. As only a fraction of each hand will count towards your wagering requirement is will take much longer to complete the process.


    Try To Place Large Bets

    You may want to consider placing larger bets for two reasons. Firstly, you win more significant amounts that boost your bankroll and allow you to play longer. Secondly, you wager more with each spin.


    Play Low-Volatility Slot Machines

    When wagering a bonus, the trick is to stretch your bonus balance long enough to complete the wagering requirement. By playing low-volatility slots with frequent payouts, you increase your chances of keeping your bankroll afloat and wagering your bonus.

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