When you receive a bonus from a casino you will often be required to wager a set
amount before that bonus can be withdrawn. This amount will be stated in the bonus
terms and conditions and will vary dramatically depending on the casino. The wagering
requirement is the accumulated amount in bets that you must make i.e. how much you
must bet in total. Regardless if your bet wins or loses it is only the bet stake
that count towards wagering
For example – A casino offers a 100% matched bonus up to £100 with a set 10 x bonus
wagering requirement. If you deposit £100 to receive the £100 bonus, your balance
will be £200. Before this can be withdrawn you must wager 10 x the bonus amount
(£100 bonus x 10 = £1000) , this means you will need to make £1000 worth of bets
If you staked £10 on a hand of blackjack, and repeated the bet again, regardless
if your bets won or lost you would have wagered £20 in total, this means you would
still need to wager another £980 to complete the £1000 wagering requirement.
The most common form of casino bonus is the cashable bonus; this means you are allowed
to withdraw the bonus once the set wagering requirement has been completed. For
instance, if a casino offered a 100% matched deposit bonus up to £100 with a 20
x bonus wagering requirement, and you deposited £100 for the £100 bonus, you would
be required to wager £2000 in total (20 x £100 bonus) before the bonus could be
withdrawn.
Post Wager
Some casinos will require you to wager a certain amount using just your own funds
before the bonus is credited to your balance. This is often a set amount for example
£500 and it tends not to be determined by your first deposit. The casino will record
how much you wager and you can normally make multiple deposits in order to reach
the amount. These bonuses are nearly always cashable and can be withdrawn once the
wagering requirement has been met.
These are bonuses that can be bet, but can never be withdrawn. You are basically
given free money to play with. When the wagering requirement has been met and you
withdraw your funds the bonus amount is removed from your balance. Any winnings
above the bonus amount are yours to keep. For instance, if you deposited £100 for
a £100 sticky bonus and your final balance after completing wagering was £300 once
withdrawn you would be left with £200 (£300 balance - £100 bonus = £200).