Wagering is a term you’ll likely come across in the terms and conditions of many online casino bonuses. It refers to the number of times you must wager bonus funds and/or your own deposit money before they are eligible for withdrawal.
Generally speaking, wagering is the process of placing bets on events with an uncertain outcome. Most often, this involves sports betting but it can also include games of chance like bingo and crossword puzzles. Generally, skill competitions are not considered wagering agreements as the chances of winning are based on the player’s ability, not simply luck.
At online casinos, wagering requirements (or rollover requirements) are a way for casinos to prevent players from abusing their bonus offers. They usually take the form of a multiplier and/or time period, and they’re designed to ensure that players actually engage with casino games before they can withdraw any winnings generated by the bonus funds or free spins that they’ve received.
The purpose of this article is to help players understand what wagering requirements are, how they work, and how they impact bonus values. We’ll cover everything from how to calculate the requirements, what types of games are best for meeting them, and how to avoid the most common mistakes that could cost you big time in the long run. We’ll also give tips on how to find the best wagering requirements and how to maximize your earnings when meeting them. Happy gambling!