What bonus do you want? | How much will you deposit? | What are the conditions? | How much do you have to spin? |
100% on deposit | £50 | Spin 15x bonus amount | £750 |
£200 | £20 | Spin 10x bonus amount | £200 |
50 free spins | £30 | Spin 5x deposit | £150 |
How does the “Wagering” of money work when getting a bonus?
You may have come across the term "Wagering/Wagering conditions/wagering money" on our website and you're not entirely sure what we mean by that. Continue reading the article, where we'll take a closer look at wagering and find out what it's all about and how it actually works.
What is wagering?
💡 In short – “Moving money around doesn’t mean losing money.”
What does “Wagering” mean?
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Wagered amount = sum of the value of bets (spins) played on slot machines
This term is used all the time in online casinos. It is actually a kind of casino insurance that wants players to come and play a little and just withdraw bonuses and then disappear like steam from a pot and of course also as a measure against money laundering.
Imagine that you want to get a bonus, but the condition is to roll over, for example, £500 . At this moment, the first thing that comes to mind is that you have to deposit the £500 and leave it all there. But that is not the case at all. Usually (unless you are having a really unlucky day), the slot machine continuously returns the money you bet on the game in winnings.
What are the wagering requirements?
Wagering requirements are usually in the form of a multiple of the deposit or bonus, i.e., 30 times the deposit value or 15 times the bonus. This amount determines the condition for getting the bonus. So, the moment you meet the wagering requirement, you are credited with a bonus.
What does it look like in practice?
We won’t beat around the bush here and will show you straight away with a common example, just to make it clear.
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Activate your bonus and deposit money
Imagine that a casino offers a 100% bonus on top of your deposit. So if you deposit, for example, £100, you can get another 100!
You activate the bonus, deposit £100 into your account (some casinos also require a promo code) and now you have to fulfill the wagering requirements.
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How much do you have to spin?
You found in the terms and conditions that you have to wager 10x the bonus value to get the bonus. You simply take the bonus value that you will get after fulfilling it and multiply it by the value of the wager.
- 10 × 100= £1000
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You start betting.
So you go play some slot machine and start betting. Since you only have £200, you start with smaller bets, e.g. 10 .
You bet £10 → you lose → you have 10 turned over
You bet another £10 → you win 100 → you have a total of £20 turned over, but now you have £280 thanks to the win, which you can continue betting with.
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You meet the conditions and get a bonus
This way you can keep betting and winning until you reach 1000 and thus meet the wagering requirement. Thanks to numerous wins, your balance is, for example, £900
After meeting this requirement, you will receive your 100% bonus, i.e. another £100 and you are suddenly in the black, specifically £1000.
Let’s show it in a clear table:
Spins | Win/Loss | Current balance | Total spins |
1st spin for £20 | – £20 | £480 | £20 |
2nd spin for £20 | – £20 | £460 | £40 |
3rd spin for £20 | + £150 | £590 | £60 |
4th spin for £20 | – £20 | £570 | £80 |
5th spin for £20 | – £20 | £550 | £100 |
6th spin for £50 | – £50 | £500 | £150 |
7th spin for £50 | + £300 | £750 | £200 |
8th spin for £50 | – £50 | £700 | £250 |
9th spin for £50 | + £50 | £700 | £300 |
10th spin for £50 | – £50 | £650 | £350 |
In this example you can see that even though there were not many wins, the total spins increase. Thanks to a few big wins, the balance also increases, so you can keep spinning until you reach the required amount. At the end you can have a spin and still maintain a nice balance.
Examples
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Check out examples of bonuses and how to spin them
Ultimately yes. You have to play through £100 gradually, but that doesn’t have to mean a loss for you at all, because you could have just won a much higher amount during the game, or even a jackpot.
This way you can “roll over” £100 for just £10 and thus qualify for a bonus for a much smaller amount than the wagering requirements.
Are there different types of spins?
You’ve probably come across several types of spins in your gaming career. The spin itself always means the same thing, but the specific conditions can change.
Here, you only have to take into account the value of the requested bonus. So, if you want to get a bonus of £50 and the condition is to wager 15 times the bonus value, you have to wager £750 .
Sometimes you only need to wager your deposit to get the bonus. This could be because the bonus is free spins, for example. But again, it may depend on how many times you have to wager your deposit.
Casinos sometimes offer their players free spins. However, with the condition of spinning the winnings in order to withdraw the money. So you can get 20 FS and win £10 from them, but you have to spin the £10 winnings, for example, 5 times. Only then can you withdraw them.
Combining odds betting and casino can be a fun way to get bonuses. For example, you can get 50 free spins with a wagering requirement of £50 on bets. These can have different conditions, such as odds of 2.0 or more or 2 chances or more.
RTP will support you
You’ve probably also come across the term RTP (Return to Player) on a slot machine. The average payout ratio of slot machines is around 96%, which in practice means that in the long run, people get back 96% of the money they put into the slot machines.
So you don’t have to lose all your money when you spin. However, it’s all about chance. Read more about how RTP works in our article.
If you still have questions about the topic of Wagering after reading this article, feel free to leave us a comment with your specific question. We’ll be happy to answer them!
FAQ – Frequently Asked Questions and Answers
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1️⃣ Do winnings count towards the spins?
No. Only your stakes count towards the spins. Winnings do not count towards the spins, but you can then stake them again and spin more.
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2️⃣ What if I don’t have time to wager the bonus on time?
If you fail to meet the conditions within the specified time limit, you will unfortunately lose the right to the entire bonus. That is why it is important to read the terms and conditions carefully, where you will always find out.
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3️⃣ What all counts towards the spins?
Often, they are 100% just slot machines. However, the casino can specify that roulette, for example, also counts, but only 50%. So you bet £10, but only £5 counts towards the spin.
You can also specify the spin in the casino using sports bets. So you can spin, for example, £50 on bets with odds of 2.0 and above and at least 2 opportunities to get free spins or a bonus.
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4️⃣ What if I lose everything?
If you have an unlucky day and you lose everything before you can spin the required amount, don’t worry. You can deposit more money into your account and continue spinning until you reach the target amount. It is important to do it within the time limit.
If you have to spin for example £700 , but unfortunately you only ended up with £300 , you can deposit for example another £50 and try your luck again.