Written by:
Damjan Jugovic Spajic
Fact checked by:
Alex Windsor
Updated:
December 15, 2023

Sports Betting Wagering Requirements

Sports Betting Wagering Requirements

If you’ve ever tried sports betting, you’ve probably bumped into this term: wagering requirements. But what exactly is it?

In short, the wagering requirements are a condition commonly found in sports betting bonuses that you need to meet before you’re able to withdraw any winnings generated from the bonus offer. Think of them as a rulebook that you have to follow after claiming a bonus to turn your winnings into real, withdrawable money.

The wagering requirements are an essential component of a sports betting bonus and are often the determining factor of whether a bonus is worth it or not. That’s why it’s crucial that you learn exactly how they work, calculate how much you need to wager, and learn how to separate a good bonus from a bad one. That’s exactly what we’ll cover in this extensive betting guide, so read on to find out everything about wagering requirements.

How Sports Betting Bonus Wagering Requirements Work in Practice

Before we get into wagering requirements, let’s briefly explain some of the elementary items found in the sports betting glossary. A sports betting bonus is an incentive that’s provided by betting sites to encourage bettors to join their sites and use their services.

In most cases, however, these bonuses come with specific terms and conditions that have to be met before bettors are able to withdraw real money from it. Bookmaker operators impose these rules to encourage bettors to stick with their betting site longer and to protect themselves from bonus abusers.

One of the most common types of regulations found in any sports betting bonus T&Cs are wagering requirements. They’re usually displayed as a rollover number, for example, 10x, and they indicate how many times the bettor should roll over the bonus money to be able to withdraw any winnings from the bonus. They usually apply to bonuses such as a deposit match or free bets.

Let’s take a bonus that’s worth $20 as an example, and it comes with wagering requirements of 20x. That means that after you claim the bonus, you must roll over the bonus credits 20 times to be able to convert them into withdrawable winnings. In our case, it would be $400, because 20 times 20 is 400. So, once you hit the $400 mark with your bonus money, you’ll be able to withdraw the remaining funds as cash.

Expert tip: Watch out for wagering requirements that require users to roll over both the deposited money and the bonus credits. That means that the bettor should roll over double the amount to clear the wagering requirements.

For example, suppose the betting site offers a 100% deposit match of up to $50 with wagering requirements of 10x, but the WR applies to both the deposited money and the bonus credits. In that case, it means that the user would have to bet $1,000 to be able to withdraw their winnings ($50 deposited money + $50 bonus money equals $100, times 10 to clear the WR equals $1,000). This is a deceiving tactic that some betting site operators use, so be wary before you opt in for a bonus.

Calculating How Much You Must Wager

Once you read the terms and conditions in detail, it’s relatively easy to calculate how much you must wager to clear the wagering requirements. The formula is as follows:

Bonus Amount X Wagering Requirements = Total Amount That Needs to Be Wagered

So, let’s put this formula into practice. Imagine that the bonus is a 50% deposit match of up to $50, and the wagering requirements are 8x. This means that if you deposit $100, you’ll receive $50 in bonus money. Then, you need to wager the bonus money 8 times to clear the wagering requirements. 50 times 8 is 400, which means that after you wager $400 or over, you’ll be able to withdraw your winnings. Keep in mind that this is a type of bonus where you only need to roll over the bonus money.

There are also bonuses in which the user is required to roll over both the bonus money and the deposited money, which essentially means that the amount that needs to be wagered is much higher when compared to bonuses where you only need to roll over the bonus amount. This is the formula for calculating the wagering requirements for this type of bonus:

Bonus Amount + Deposited Amount X Wagering Requirements = Total Amount That Needs to Be Wagered

So, if the same bonus requires both the deposited money and the bonus money to be played through, we’ll add the bonus money and deposited amount, and multiply that with the wagering requirements number. Considering that the bonus is a 50% deposit match of up to $50, we’ll add the $100 deposited money + $50 bonus money, and multiply that by 8. 150 times 8 is 1200, which means that we’ll need to wager at least $1,200 to be able to withdraw the winnings.

What is a Good Wagering Requirement?

So, now that you know exactly what wagering requirements are and how they work, what determines whether a bonus has good or bad wagering requirements? Simply put, the lower the wagering requirements, the better. In an ideal world, the ideal bonus would have no wagering requirements at all.

In fact, most of the bonuses at the top betting sites nowadays come with no wagering requirements. For an incentive to be considered a no wagering bonus, it should come with wagering requirements of 1x, requiring users to playthrough the gifted money at least once.

For example, all the sports betting bonuses at Betway come with no playthrough requirements, including the internationally available Betway Sports $10 Welcome Free Bet.

Things are much different when it comes to online casino bonuses, where wagering requirements are much more common, and they usually range from 20x to 50x. Sports betting sites have much lower wagering requirements when compared to online casinos, but there are other terms and conditions that you should watch out for, such as the minimum odds requirement, bonus validity period, and the ability to combine free bets with other promotions such as bet boosts.

Bonus Wagering Requirements Variations

The two most common types of bonuses at sports betting sites are free bets and betting credits. Although many people consider these two to be synonymous, there are slight differences between the two. Namely, betting credits are akin to cash in most respects, as you can use them as cash bonus to place bets – with the only difference being that they’re subjected to wagering requirements. For instance, suppose you’ve claimed $200 in betting credits. In this scenario, you could use them to place 40 bets worth $5 each.

Free bets, on the other hand, come with fixed sizes. If you acquire a $50 free bet, that represents the wager amount – and you can’t split it into two $20 bets and one $10 bet. The entire free bet amount must be utilized in a single instance, and the wagering requirements apply to the whole bet. That’s why free bets often come with minimum odds requirements.

Other variations include sticky and non-sticky bonuses, which determine whether you can withdraw the bonus amount or not. With sticky bonuses, users can withdraw only the bonus winnings, without the bonus amount. For example, if a sticky bonus is worth $50 and you win $100 with the bonus, you’ll only be able to withdraw the $50 that you’ve won, without the bonus amount. With non-sticky bonuses, you can withdraw both the bonus amount and the bonus winnings.

Another variation is the deposit + bonus and bonus-only difference that we explained earlier, in which you’re either required to roll over only the bonus amount, or you need to roll over both the deposit amount and the bonus money, multiplied by the wagering requirements.

Other Important Sports Betting Bonus T&Cs

Wagering requirements are just one part of the terms and conditions (T&Cs) that govern sports betting promotions. These promotions often come with additional T&Cs, including:

It’s crucial to recognize that every online betting site has its unique set of terms and conditions for promotions. Therefore, it’s highly advisable to thoroughly review these conditions before opting into any deals to ensure a clear understanding of the rules regarding the promotion you intend to claim.

Tips to Successfully Turnover Your Bonus Credits

The ultimate goal for bettors when claiming promotions is to turn the bonus credits into withdrawable cash. Factoring in wagering requirements is crucial for sports betting bankroll management, especially so if you’re limited to a small bankroll. We’ll provide you with several tips on how to do this as efficiently as possible – both time and financially-wise.

AUTHOR
Damjan Jugovic Spajic

A soccer and eSports fan who always roots for the worst possible teams, Damjan is a resident writer and contributor at Minimum Deposit Betting Sites. With over 5 years of experience in the online casino and sports betting industry, he largely focuses on writing reviews and testing out bookmaker transaction processes.