Wagering requirements are multipliers, generally ranging from 30x to 70x, that casinos apply to:
- the amount of bonus credits you have received, or
- the amount you have won with free spins, or
- the total sum of your your bonus and its qualifying deposit.
By multiplying these amounts, the casino determines how much you must play to convert a bonus to withdrawable cash.
For example, RichPrize Casino’s €10 no deposit bonus has a 40x wagering requirement, meaning that you will have to stake €400 to convert the bonus to real money.
(€10 bonus x a 40x wagering requirement = €400 to wager).
As you can tell, a higher wagering requirement means you will have to play more to convert your bonus to real money. Consequently, wagering requirements are one of the most important aspects to consider when comparing different bonuses.