how to beat the wagering requirements

In this helpful guide, we are going to delve into the subject of wagering requirements. While it might not be possible to beat them, we will share our top wagering tips with you. Read on to learn how to work out wagering requirements. Follow our advice and you’ll never be left without your winnings!

What Are Wagering Requirements?

A wager is another term for a bet placed on any online slot, casino game, bingo game, poker game or other casino game. When you claim a bonus from a casino, the money you get is paid in bonus money as opposed to real cash. Alternatively, when it comes to free spins, any payouts (aka winnings) you get when you use them are also paid in bonus money. This bonus money is usually kept in a separate wallet and comes with a wagering requirement attached to it.

Because you can’t withdraw bonus money, you will need to complete the wagering requirements (and any other terms attached to the bonus) before you can make a cash withdrawal. Many newbies and seasoned players have trouble comprehending these terms. A wagering requirement is the amount of money (usually a multiple of the bonus amount or bonus winnings) that a player must wager before being allowed to make a cash withdrawal.

Completing the wagering requirements will turn your bonus money into real money. If you don’t meet these wagering requirements, your bonus money will never be converted into real money for withdrawal and will be forfeit.

Are Wagering Requirements Avoidable?

Not in the long run, no. If you don’t want the hassle of wagering requirements, you could always renounce your bonus but we don’t really recommend it.

Although you are constrained by a wagering requirement, a casino bonus boosts your bankroll twofold and sometimes threefold. This gives you more chances to win on that jackpot slot game you love, or else to try the latest slot machine. Before you know it, you’ve met the wagering requirements and you’re free to make a withdrawal. You can also explore low wagering bonuses, as the requirements for worthwhile bonuses can be easier to meet.

The other option would be to claim a bonus with no wagering requirements, such as cashback, or to find a casino that offers Wager-Free Welcome Bonuses (check our list of these below).

No Wagering Offers (man holding real cash)

How to Mathematically Calculate the Wagering Requirement of a Bonus

Imagine a new online casino has piqued your interest and you proceed to sign up. There are a couple of different factors that will determine how you can calculate the wagering requirements (i.e. how much you have to play before you can withdraw):

  • Firstly, it will depend whether or not the welcome bonus is a free spins bonus or a deposit match offer.
  • Secondly, it matters whether or not the deposit amount is included or excluded from the wagering requirements.
How to Calculate Wagering Requirements infographicn

How to Calculate Wagering on Free Spins

If you claim a free spins offer, you will normally need to work out the requirements based on how much you win. Let’s imagine you’ve claimed 20 free spins with a 10x wagering requirement and you won £5 whilst playing:

Example: £5 (Free Spins Wins) x 10 (Wagering) = £50

As you can see from the above example, the £5 you won have a 10x wagering requirement, which means you’ll need to complete wagering requirements of £50 before your can withdraw.

How to Calculate Wagering on Deposit Bonuses

Excluding Deposit Amount

If you claim a 300% casino bonus and the wagering requirements exclude your deposit, you only need to calculate the requirements based on the bonus you receive. Let’s say the casino is rewarding you with £60 in bonus money when you make a deposit of £20, with a wagering requirement of 5x. This is exactly how it works:

Example: £60 (Bonus) x 5 (Wagering) = £300

Including Deposit Amount

Now, let’s imagine that for you to meet the wagering requirements, you must also include your deposit as well. Using the previous example, it would work like this:

Example: £20 (Deposit) + £60 (Bonus) x 5 (Wagering) = £400

Where Can I Learn More About a Casino Bonus’ Wagering Requirement?

Thanks to a number of laws and regulations ensuring that wagering requirements are more visible, players should now have access to all relevant information.

By law, every UK casino operator providing a cash bonus offer including free spins, needs to display the terms and conditions. In those T&Cs, you should find the wagering requirements and other information that could hinder you from making a withdrawal immediately.

Make sure to always read the fine print. Usually, the full T&Cs are found by clicking a link in the promotional e-mail or by visiting the promotions page.

If, for some reason or other, you are unable to find the stipulated amount for the wagering requirement, go to the terms and conditions page or else speak to Customer Support. This way, you will make sure that you know what you’re opting for, before parting with your money.

Why Do Wagering Requirements Exist?

If online casinos didn’t have any wagering requirements, it would be easy for criminals to clean their illegal funds by depositing and withdrawing straightaway.

The truth of the matter is that wagering requirements are in place due to the casinos’ need to comply with anti-money laundering regulations.

How Do I Beat Online Casino Wagering Requirements?

We have explained how to calculate wagering requirements in order to make a withdrawal. Now, you can follow the below advice to make sure you get the most out of your online casino adventure.

Tips to Beat Wagering Requirements infographic

Do Your Research and Pick the Right Casino

If you’re here, you’re in the right place. However, before signing up to an online casino make sure that it’s licensed by a reputable gaming authority. A licensed casino adheres to a number of laws and regulations that include, amongst other things, high-level security and trustworthiness.

Luckily for you, we have done all the research for you. We only promote trusted online casinos that have gone through our rigorous tests.

Read the Fine Print

Any reputable online casino must adhere to the strict conditions posed by the gaming authority. One of these conditions is to have the relevant terms and conditions clearly displayed. Here, you should be able to find important information regarding your bonus. Things you should check include:

  • The minimum deposit;
  • The wagering requirement of the offer;
  • The winning cap;
  • The time limit;
  • Eligible games; and
  • The bonus bet limit.

Of course, we cannot stress this enough. Don’t sign up for a bonus unless you’ve read the Terms and Conditions, or at least given them a good peek.

Sign Up and Play

If you are happy with what you’ve seen, then your next step is to register for an account and to make a deposit to receive your bonus.

Got ID?

This applies to most online casinos in the UK. Plenty of sites do ask you for some form of identification before allowing you to make a cash withdrawal. This could be anything from your passport or a driving licence. Some even ask for a copy of your latest utility bill as proof of your home address.

FAQs

Wagering requirements are conditions imposed by online casinos that determine the amount of money a player must wager before being eligible to withdraw their bonus winnings. These requirements are in place to prevent money laundering and ensure fair play.

In most cases, it is not possible to avoid wagering requirements when claiming a casino bonus. However, players can choose low wagering bonuses or opt for bonuses with no wagering requirements, such as cashback offers or wager-free promotions.

Calculating wagering requirements depends on the type of bonus and the specific terms and conditions set by the online casino. For example, if you have won £5 from free spins with a 10x wagering requirement, you would need to wager £50 before you can withdraw your winnings.

When selecting a casino bonus with wagering requirements, it is essential to read the fine print and understand the terms and conditions. Pay attention to the minimum deposit, wagering multiplier, time limits, eligible games, and any other restrictions that may apply.

Yes, some online casinos provide bonuses without wagering requirements. These offers allow players to withdraw their winnings immediately without completing any wagering obligations. Look for casinos that offer wager-free spins, wager-free deposit bonuses, or cashback promotions for a more favorable playing experience.

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Casino Bonus Expert

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Leonard Sosa is a trusted Casino Bonus Expert with a deep understanding of the intricacies of online casino bonuses. He analyzes and evaluates the terms and conditions associated with different bonuses, guiding players to make informed decisions. Leonard specializes in no wager no deposit bonuses and provides valuable insights on maximizing their benefits. His expertise helps players unlock the true value of casino bonuses and optimize their gaming experience.

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