Bonus Wagering Requirement
Almost every casino deposit bonus, no-deposit bonus and free spins promo comes with stated wagering requirements. You'll have to place bets to the value of whatever these requirements are before the bonus will be considered fully cleared.
If you deposit $100, receive a bonus of $100 and have to satisfy wagering requirements of 30 times the sum of your deposit and bonus, then it's easy to calculate what your obligations are. Add the $100 of your bonus to the $100 of your deposit, and then multiply this figure by 30. After doing the maths, we see that you'll have to bet a total of $6,000 before you've completed the requirements.
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Some games will count fully towards this total while others might only contribute fractionally to your progress in fulfilling the wagering requirement. A few types of game-play will probably be banned from use with bonus funds.
Read all terms and conditions carefully so that you don't make a mistake when availing yourself of these potentially rewarding promotions. You might see bonuses that expire quickly, minimum or maximum cash-out restrictions, bonus funds that are for playing purposes only and don't convert to real cash, and other stipulations. If you fail to inform yourself of these rules and then inadvertently violate them, your bonus might be rescinded, and you will have wasted your time.