What Are No Wagering Bonuses?
Wagering requirements have been a common feature of online casino bonuses for many years and are often the main “catch” that comes with a bonus or promotion. Essentially, a wagering requirement tells you how much money you need to wager before you can convert casino bonus winnings into withdrawable money. For example, if you claim a £100 bonus with a 35x wagering requirement, you’ll have to wager £3,500 before you can withdraw any bonus winnings. As you can see, this makes it difficult to convert a casino bonus into cold, hard cash. How many times you need to wager your bonus varies, but some bonuses have a requirements as high as 60 times your deposit and bonus.
It’s fairly common for wagering requirements to apply to both your deposit amount and the bonus fund, which increases the amount you need to wager.
As the online casino scene grows more and more competitive, some top sites now offer player-friendly deals in the form of bonuses with no wagering requirements. These bonuses do away with wagering requirements altogether, which means that if you land a win with your bonus, you’ll be able to withdraw winnings right away.