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Wagering requirements, explained with real math

Short answer

What a wagering requirement really costs you, worked through with real numbers. The single most important concept in casino bonuses, explained plainly.

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A wagering requirement is the single most important number in any bonus. This guide works the math with real figures so you can judge any offer yourself.

What it means

A wagering requirement (or “playthrough”) is a multiplier. 35× on a $100 bonus means you must place $3,500 in bets before the bonus — and often your winnings from it — can be withdrawn.

What it actually costs

Betting isn’t free. Every wager loses a little to the house edge. The expected cost of clearing a bonus is roughly:

wagering total × (1 − game RTP)

So $3,500 of wagering on a 96% RTP slot costs, on average, about $140 to clear.

A worked example

Bonus A Bonus B
Bonus amount $100 $100
Wagering 35× 40×
Applies to Bonus only Deposit + bonus
Bets required $3,500 $8,000
Expected cost (96% RTP) ~$140 ~$320

Same-looking headline. Very different cost. Always check the multiplier and what it applies to.

The takeaway

A big bonus with heavy wagering can cost more to clear than it’s worth. A small bonus — or a no-wagering one — often beats it. Do the math before you opt in.