Free Spins and Wagering Requirements - The Lowdown
Every casino bonus you come across has terms and conditions. And you must meet them before cashing out any winnings. This includes wagering requirements (sometimes called playthrough requirements).
A wagering requirement is a number. It shows how many times you must wager a bonus. You must reach that number before you can withdraw any profits from your casino bonus. For standard casino bonuses, the wagering requirement is attached to the bonus amount. An example is a 20x wagering requirement for a $10 no deposit bonus. This means you’ll need to wager 20 x $10 (bonus amount) before you cash out, which would be $200 in total.
For free spins promotions, the wagering requirement is slightly different. Instead of being attached to a bonus amount, it is attached to the total winnings you make from free spins. Say you win $100 from 100 free spins and the wagering requirement is 20x. You must wager $2,000 (20 x 100) before cashing out your winnings.
Knowing the wagering requirement is vital before playing for a casino bonus. In fact, the wagering requirement is what makes a bonus safe or risky. Some wager commitments will be too harsh and tricky to achieve. Others will be more manageable. Most casino players should achieve a 35x-40x return, at least.