A wagering requirement is a number of times you need to wager before able to withdraw money.
The wagering requirement multiplier represents the multiples you have to play through a bonus offer before a withdrawal is allowed.
Any winnings made whilst you are playing the welcome bonus will be stored in a pending balance until you meet the multiplier wagering requirement.
Table of Content
- 1 Why Wagering Requirements are Used?
- 2 Which Bonuses Require Wagering Multipliers?
- 3 How Wagering Works?
- 4 What does 1x wagering mean?
- 5 What does 10x wagering requirement mean?
- 6 What is a 20x wagering requirement?
- 7 What does 30x wagering mean?
- 8 What is 35x wager requirement?
- 9 What is a 50x wagering requirement?
- 10 Wagering Terms and Conditions
- 11 What does playthrough mean online casino?
- 12 How Can I Check How Much I Have Left To Wager?
- 13 How to beat wagering requirements?
- 14 What Does No Wagering Mean?
- 15 Summary
Why Wagering Requirements are Used?
The reason wagering requirements are used is to prevent customers from abusing the offer.
Bonus hunters regularly jump between online casino brands making the most of the online casino bonus funds on offer and try to cash out before meeting the wagering requirements set out.
Most online casinos impose wagering multipliers on casino bonuses and free spins in order to stop the bonus hunters from jumping between online brands with no intention to ever deposit to play the games online.
Which Bonuses Require Wagering Multipliers?
Most bingo brands or casino games offer bonuses in order to attract new customers or keep existing customers engaged. The online casino bonus funds include:
- New Players Welcome First Deposit Bonus Offers
- Free spins Casino Bonus
- Re-Deposit Bonus Wagering
- Weekly Special Bonus Offers
- Seasonal Promotions
These bonus offers are free credit promotions to play online slot games, in bingo rooms on casino table games.
The problem lies when customers think it is a chance of withdrawing some real money with this credit.
Hence the reason wagering requirements was introduced.
How Wagering Works?
Many casino players get mixed up between wagering and depositing requirements.
Wagering £500 doesn’t necessarily mean depositing and losing £500.
Players do wager many many more times than they lose.
The payout slots percentages (return to player value) are often around 95% which theoretically means every £100 wagered on slots the house would who win £5.
So if an online casino player were to wager £500 on a slot game then they could expect to receive an average of £475 in winning.
The mathematical calculation means for a loss of £25 they would have theoretically wagered £500 during that period of playing online.
What does 1x wagering mean?
The 1x wagering means you must bet your deposit amount before the bookmaker or gambling account will match your stake bonus cash.
So if you signed up with a £50 match welcome bonus then you must deposit and wager the £50 stake which triggers your £50 free credit.
The t&c’s for each brand can vary so make sure you check whether once you receive your free bonus whether there is a playthrough multiplier attached to it.
What does 10x wagering requirement mean?
A 10x wagering requirement means you must play through the amount of bonus you received 10 times before any withdrawals.
The x10 wagering is classed as a low wagering requirement.
10x multiplier wagering requirement example is if you received a £20 bingo bonus, this means you need to wager £200 before being able to withdraw any pending winnings gained.
What is a 20x wagering requirement?
A 20x wagering requirement means you must play through and wager x20 the amount of your bonus offer.
You cannot withdraw cash from your pending balance until you have wagered the 20 times multiple.
The x20 wagering is classed as a low wagering requirement.
If your sign up bonus was £20, you’d have to wager £400 to meet the requirement in order for you to transfer your subsequent winnings from your pending balance to your Main Wallet.
What does 30x wagering mean?
A 30x wagering requirement means you must wager x30 the amount of your bonus.
Wager 30x means you must have wagered a minimum 30 times before withdrawal any of the winnings.
The x30 wagerings are classed as an average wagering requirement.
30x multiplier wagering requirement example is if you received a £20 casino bonus, you’d have to wager £600 to meet the requirement in order for you to transfer your casinos winnings from your pending balance to your main wallet.
What is 35x wager requirement?
A 35x wagering requirement means you have to ‘wager’ (another word for play through or bet) 35 times the amount you received on the bonus.
Some bonus terms and conditions state that you need to add your initial deposit to that amount.
So the x35 wagering calculation becomes 35 x £20 bonus cash received + £20 deposited which means the playthrough total is £1400.
What is a 50x wagering requirement?
Wager 50x is a high wagering requirement in the online gaming sector.
Wager 50x means you must have wagered a minimum 50 times before you can withdraw any of the winnings.
The 10x, 20x and 30x playthrough wagering requirements is more fair and feasible to fulfil for players on bingo, slots and casino.
The x50 wagering is classed as a high wagering requirement.
If your welcome bonus was £20, you’d have to wager £1000 to meet the requirement for you to withdraw as a real money cash payout.
Wagering Terms and Conditions
Terms and conditions associated with free play, most players find confusing or are completely unaware of the t&c’s.
Some casino players realised that if they play table games with a low house edge such as Online Blackjack or Live Roulette then they could fulfil the wagering requirements without losing very much.
Casinos caught on to this tactic and introduced further wagering conditions which stipulated that not all games contribute the same towards wagering requirements.
Many gambling affiliate websites now are flooded with long bonus terms and conditions surrounding the bonuses on offer.
The most important checks on bonus terms and conditions are:
- Play Responsibly Max Bet Limit
- New Customers Min Deposit
- Bonus Funds Max Bet
- Matching First Deposit Bonus Wagering
- Casino Games Min Deposit Trigger
- New Players Bonus Cash
What does playthrough mean online casino?
The playthrough definition in online casinos means the number of times you have to wager your deposit amount or bonus amount in order for the winnings to be cashable.
Playthrough requirements are usually contained within the online casino standard terms and conditions, so they aren’t that hard to find.
When a player has played through their wagering requirements a player may cash out their winnings from their main wallet as opposed to it being demo play in a pending balance account.
How Can I Check How Much I Have Left To Wager?
You need to click on your Account and go to active bonuses.
Here you’ll be able to see a handy little progress bar so you know instantly how much you have left to wager from your bonuses received.
Each bingo, slots or casino brand will have the progress bars in your account under promotions or active bonuses.
How to beat wagering requirements?
The best way to beat wagering requirements is to get wins over 300 times your stake.
The best techniques to get around wagering requirements is to stick to low variance slots.
If you managed to land a jackpot this can beat the wager multiplier.
New customers are always looking at ways on how to beat wagering requirements set by the casinos.
Checking the RTP value for slots or playing the table games where the casino edge is low are the best ways of beating the wagering limits.
What Does No Wagering Mean?
No Wagering means that the bonus or free spins don’t have any wagering requirements attached to them.
All winnings from the bonus or free spins are yours to keep as real money cash payouts.
The winnings are added to your withdrawable main wallet balance.
No wagering offers will apply to an account from the time a bonus is accepted or applied to an account.
No funds stored in the pending balance for that bonus and all will be credited directly into the withdrawable cash balance.
Check out all the best brands offering no wagering requirements:
First depositors only. Deposit & Stake £20 on Midnight Wilds slot game: Get 110 Bonus Spins on Midnight Wilds slot at 5p (5 lines x 1p) per spin. Jackpot cannot be won when using free spins. Customers will also be eligible for existing standard sign up bonuses if they stake an additional £10 on Bingo, see T&Cs for details. £5 min. withdrawal on winnings. T&Cs apply. 18+ BeGambleAware.org. Please play responsibly. Full T&C's Apply
First deposit only. Min deposit & spend £10. Max 30 spins on VALHALLA at 25p per spin. Spins credited upon spend of £10. Full T&C's Apply
This offer is only available for first time depositors. Min deposit is £10. 50 Free Spins on Book of Dead. Spin Value: £0.10. After your first deposit you may claim your 30 Extra Free Spins by visiting the Kicker Section. No min withdrawal. This offer cannot be used in conjunction with any other offer. This offer is only available for specific players that have been selected by PlayOJO. If you have arrived on this page not via the designated offer via PlayOJO you will not be eligible for the offer. OJO’s Rewards and Game Play policy applies. Full T&C's Apply
Or see or lists of no wagering sites for bingo, online casino and online fruit machines below.
The no wager free spins are the best kind of bonus spins. So there is no wonder slot players go crazy about these particular free spins offers.
There is a lot of stigma around wagering limits because imagine you had won £500, £3000 or even £10,000 off your bonus credit, only to realise you’d have to carry on playing and risk losing it all just to be able to withdraw it as hard-earned cash.
It makes it not quite as appealing now!! Many players refuse to accept any bonuses for that very reason.
They prefer to use their own cash to play so at least if they do win, there are no surprises when it comes to cashing out.
We understand the reason for the wagering requirements on free credit and think this is fair for the online casinos to do this.
But that is not to say we do not understand the frustration from players if they were to win a jackpot and told they need to carry on wagering to meet the withdrawal limit.
We have searched high and low to review and analyse all the best bonuses available and our recommendation is to check out our carefully crafted list of brands offering no wagering requirements.