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What are the Wagering Requirements?

These are requirements that a player must meet when betting in order to convert the amount of a bonus into money that can be withdrawn. To meet the wagering requirements, the bonus amount must be wagered several times at the bookmaker. The number of times varies between different bookmakers and between casino bonuses and sports betting.

How do the wagering requirements work?

When you create a new account at a bookmaker and benefit from a deposit bonus, you will always find a wagering requirement that you must meet. The requirement implies that you will have to bet the bonus money in the bookmaker several times before the money becomes cash at your disposal, which you can withdraw from your betting account. The procedure to follow is such that:

Open a new account at a bookmaker and get the welcome bonus
Make bets by fulfilling the rollover – which is another way to call the wagering requirement.
The bonus amount becomes cash that you can have.

Understanding how the wagering requirements work in an online betting company is essential to make the most of the welcome bonus. Below we explain in detail its operation

Why are there wagering requirements?

A welcome bonus is the reward that a bookmaker gives the user for opening an account for the first time, but the betting website grants the bonus on condition that the new customer uses it to bet on their website, so they introduce wagering requirements

The bookmaker will welcome you with a bonus, but you will only have the possibility of recovering your amount by betting on the bookmaker itself.

Since the betting companies are not in the business of giving money for the face, the customer can only dispose of the bonus amount and withdraw it from his betting account once he has bet several times – until this requirement is met of bets, the money will be blocked ..

How can I convert a bond into real money?

To convert a bonus into money at your disposal, you must play the bonus amount several times in sports betting. For example, to convert a € 100 bonus with a wagering requirement that requires you to bet 10 times the amount of the bonus – 10X – the player must place bets worth € 1000.

It does not matter if the final amount resulting from betting is € 1 or € 10,000, the important thing will be to place bets for a total amount of € 1,000, that way the remaining money will become cash available to the bettor, who can withdraw from his betting account if you wish.

You should know that there is often a limitation on how low the odds you may have to bet on to meet the wagering requirement, normally between 1.5 and 2.0 – everything below the minimum odds can be wagered. with bonus money, but it won’t count to meet the wagering requirement.

Different bonuses with wagering requirement

Deposit Bonus

The most common form of deposit bonus is that the bookmaker matches the player’s first deposit to a certain percentage, usually 100%. A very common bet requirement for this type of bonus is to have to bet 5 to 15 times the amount of the bonus in sports betting, or between 35-70 times if it is an online casino bonus. However, you should know that there are some online betting companies that establish wagering requirements both on the deposit (made by the customer) and on the amount of the bonus.

Free Bet Bonus without risk

A free bet without risk – also known as a safe bet, or with reimbursement in case of loss – is another type of welcome bonus offered by some betting websites. It works as follows: the player makes a bet with his own money, and the bookmaker reimburses you the amount bet if he loses.

Sometimes the bet is returned in cash that the bettor can use as he wishes, while in other cases in the form of a bonus with wagering requirements. These wagering requirements are often easier to reach than those related to a deposit bonus, since the number of times you will have to play the bonus amount is usually between 1 and 10.

Wagering requirements for online casinos

The wagering requirements in internet casinos are a bit different from those of sports betting. Although bonuses are often higher, they in turn imply more difficult wagering requirements. The requirements are usually at least 20 times the amount of the bonus, but there are specific cases in which it may be required to bet up to 100 times the amount of the casino bonus.

In addition, different casino games are computed differently in order to meet the wagering requirement, since it is normally only the slot machines that count 100% in relation to the wagering requirement – black jack or roulette have a much smaller contribution, sometimes they do not even exceed 5%. Online casinos also offer customers free spins on slot machines, but even in this case they usually apply wagering requirements to winnings.