Wagering Requirement Meaning – Important Terms Defining Bonus Application
Last Updated: May 31, 2022
A wagering requirement consists of a set of specific stipulations you accept when claiming a bonus.
You have to clear the requirements before you can turn the bonus betting money into real cash and withdraw it.
Wagering requirements are a common thing in the sports betting world and come with almost every betting bonus you’ll come across.
For example, let’s say you’ve claimed a sports betting bonus of $100 with a wagering requirement of 35x. You can use this bonus to bet with but can’t withdraw it to your bank account before you bet through it thirty-five times over.
In this case, you need to bet the total of $3,500 before you can withdraw the bonus and any winnings resulting from it.