Bonus Wagering Requirements
Nearly all bonuses come with wagering requirements. A wagering requirement tells you the number of times you need to turn over your bonus to convert it to fiat currency you can cash out.
All wagering requirements are expressed as multipliers, such as x35. So, if you get a ?10 bonus with a 35x wagering requirement, your bonus funds are converted to real money when you’ve played ?350. See this calculation:
?10 bonus x a 35x wagering requirement = ?350 to wager.
As you can see, you simply multiply the wagering requirement by the bonus amount to calculate how much you must wager.
Most casinos have wagering requirements ranging from 30 to 70 times your bonus. Watering requirements lower than 30x are exceptionally generous.
If you claim a deposit bonus, the wagering requirement might apply to both your bonus and the deposit you made to claim it.
Here are a few examples that show the various ways in which wagering requirements may be applied:
1). No deposit bonus:
Example
Casino.com offers a R0 no deposit bonus with a 20x wagering requirement. This means you must play an amount equivalent to 20x times your bonus.
Here’s a calculation that puts this into perspective:
R0 bonus x a 20x wagering requirement = R0 to wager.
So, once you’ve played R0, any remaining funds in your bonus balance are converted to real money and transferred to your cash balance. You can now withdraw your bonus winnings.
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2). No Deposit free spins:
Example
Jackpot Cash Casino offers 50 Free Spins on on Mermaid Queen. These Free Spins come with a 60x wagering requirement.
Let’s assume you claim these Free Spins and win R100. This means you must wager R6000 to convert the Free Spins winnings to real money you can withdraw.
Here’s a calculation that puts this into perspective:
R100 winnings x a 60x wagering requirement = R6000 to wager.
So, once you’ve played R6000, any remaining funds in your bonus balance are converted to real money and transferred to your cash balance. You can now withdraw your Free Spins winnings.
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