Online casino deposit bonuses are an essential part of any casino merchant’s marketing strategy because they offer players extra cash or credits on the house. However, as all seasoned players know, these bonuses are tied to terms and conditions. The most common condition tied to a casino deposit bonus are the wagering requirements.
What is a casino bonus wagering requirement?
A wagering requirement means the number of times the bonus and/or deposit amount needs to be circulated before the player can withdraw their winnings (if any).
Is the wagering requirement based on the bonus (or deposit + bonus) ?
Now that you understand what a wagering requirement is, what constitutes a “low wagering” requirement? Well firstly you want to look out for whether the wagering requirement is tied to the bonus only or the bonus + deposit. It makes a difference.
- Lets say you deposit €20 for a 100% bonus up to €100 with a 35x wagering requirement on bonus + deposit. This means you need to wager €1,400 (€20 deposit + €20 bonus x 35 wagering requirement) before you can withdraw your bonus and any winnings.
- On the other hand if the wagering requirement was just tied to the bonus, you would need to wager €700 (€20 bonus x 35 wagering requirement).
What is a standard wagering requirement?
Wagering requirements vary between 0 to 30, 35, 40, 45 times. The lower the better. The most standard is 30 to 35x bonus.
Live Casino Deposit Bonuses. Casino deposit bonuses can usually be used on slot games but not always on live casino and/or table games. If you come across a Live Casino deposit bonus the chances are the wagering requirements are around 50x bonus. You should also check the terms & conditions to find out what the wagering contribution is per game, for example slots contribute 100% towards the wagering requirement of a bonus whereas black jack would only contribute 10%.
Wagering requirements on deposit + bonus. We feel that the wagering should be tied to the bonus only, since the deposit is your cash. Why should their be terms on your real money? But what we feel and the way casinos run their business is a different matter all together. We list the wagering requirements of our reviewed casinos on our site. We hope you find it useful.