Online casinos use wagering requirements and restrictions to protect the bonuses they give away. Wagering requirements are also referred to as play through requirements (or playthrough). A wagering requirement will be displayed with a number and an ‘x.’ This means the number of times you have to stake or bet your deposit amount, bonus amount or deposit plus a bonus amount for the bonus to be cashable.
If you take 888 Casino, for example, the wagering requirement for the welcome bonus is a 35x deposit. This means that you need to play the bonus amount (£100) 35 times to withdraw the bonus amount. So you will have to wager (or bet) £100 x 35 which is £3,500. Regarding game restrictions, the bonus is only allowed on slot games, so stakes/bets made on other games such as blackjack or roulette will not contribute fully to the wagering requirements.
Play Fortuna Casino does allow wagering on blackjack for example, but the contribution is only 10% meaning that if you wager £100 playing blackjack (except Blackjack Surrender, Blackjack Switch, and Lucky Blackjack) your contribution to the bonus wagering requirements will only be £10. This is because blackjack games have a low house edge (which means that the margin for the casino on blackjack games is very low.
Online casinos, on average, don’t lose when giving away this free money. At Frank Casino, the overall payout percentage is 97.50% across all their games. Their welcome bonus is 100% up to £250 with 30 x deposit plus bonus wagering requirements. If you take the maximum bonus, £250, and calculate the total wagering, you would come up £15,000 (£250 + £250 = £500 x 30 = £15,000). If you multiply £15,000 by 100% minus the overall payout percentage, 2.5% (100% – 97.50%), the amount left is £375. This is obviously higher than the £250 bonus offered so technically InterCasino is not losing out – this is of course based on averages.
If you want to see all the wagering requirements as well as game restrictions for each recommended online casino, visit their individual review which has all the details you’ll ever need. These details can all be found on the Bonus Terms & Conditions section of any bonus – we’ve done all the hard work for you. If a deposit bonus doesn’t show Terms & Conditions, ask customer support or run a mile!