You must play through the value of your bonus between 30 and 70 times to withdraw your bonus winnings. This is known as a wagering requirement, and the number of times you must play through your bonus varies from one casino to another. When it comes to free spins, casinos apply wagering requirements to the sum you have won.
As soon as you have completed a wagering requirement, any remaining bonus funds are instantly transferred to your cash balance, from where they can be withdrawn.
Let us look at an offer from our bonus list to illustrate how bonus wagering works:
Example
Europa777 offers 20 Free Spins on All Slots Games. These Free Spins come with a 70x wagering requirement.
Let’s assume you claim these Free Spins and win $50. This means you must wager $3500 to convert the Free Spins winnings to real money you can withdraw.
Here’s a calculation that puts this into perspective:
$50 winnings x a 70 wagering requirement = $3500 to wager.
So, once you’ve played 70, any remaining funds in your bonus balance are converted to real money and transferred to your cash balance. You can now withdraw your Free Spins winnings.
Claim Your Bonus at
Europa777Exclusive 20 Free Spins on All Slots Games
Wagering Requirements for Deposit Offers
When it comes to match bonuses, casinos apply wagering requirements in two different ways:
- Only to the bonus amount.
- To the bonus amount and the qualifying deposit.
Wagering requirements that apply to both a bonus and its qualifying deposit are significantly harder to complete. Let us compare two scenarios to illustrate how a wagering requirements application affects your chances of winning real money:
Scenario One
- You receive a 100% bonus up to $100.
- The Wagering requirement: x30 only applied to the bonus.
- You deposit $100 and claim the full bonus. You now have $100 in your cash balance and $100 in your bonus balance. The casino now applies the wagering requirement to the bonus sum.
- $100 bonus x 30x wagering requirement = $3,000 to wager.
Let us now use the same example and change the wagering requirement:
Scenario Two
- 100% bonus up to $100.
- Wagering requirement: x30 applied to the bonus and its qualifying deposit.
- You deposit $100 and claim the full bonus. Once again, you have $100 in your cash balance and a $100 bonus. The casino applies the wagering requirement to both the bonus sum and your deposit:
- $100 bonus + $100 deposit = $200 x a 30x wagering requirement = $6,000 to wager.