When you claim a No Deposit Bonus, it’s likely that it’ll come with wagering requirements.
A bonus’ wagering requirement determines how many times you have to wager your bonus before you can redeem it as real cash. This may be confusing for new players, so let’s use an example:
Example: Feeling lucky? Click here and claim your $60 No Deposit Bonus.
Black Lotus Casino are currently offering a No Deposit Bonus worth $60 to new players from the USA. The wagering requirement for this bonus is set at 60x.
To work out the amount you have to wager to redeem this bonus as real cash you have to multiply the value of the bonus by the wagering requirement:
Value of the bonus ($60) x wagering requirement (60x) = sum total you have to wager ($3600).
This means that to redeem your bonus as real cash, you have to wager a sum equal to $3600 using the original No Deposit Bonus.
Minimum deposit: Free
Wager: 60xAllocation: CodeBonus Code: NDK60FB
Before you claim a No Deposit Bonus take a look at the wording of the offer. If the Wagering Requirement is based on your ‘Winnings’, it’s likely that you will have to wager more than if it’s based on your ‘Bonus’. For example:
‘Bonus’ Wagering Requirements
If you claim a No Deposit Bonus worth $10 with a Wagering Requirement of 50x, normally you would have to wager $500 in total before you can redeem it as real money.
‘Winnings Wagering Requirements
If the Wagering Requirement is based on ‘Winnings’, you will have to wager the $10 Bonus and then multiply whatever you win by 50x.
If you wager your $10 Bonus and win $20, the amount you will have to wager before you can redeem your Bonus as real money is $1,000.