Having got to this point in this article, you probably have an idea of what wagering requirements are, but let us now tell you more about this very important part of a welcome bonus.
Betting companies are not charity organizations that just go about gifting people money and bonuses. They are in the business to make money.
Hence, when they offer you a welcome bonus, they often want something back in return. This is where wagering requirements come in.
How wagering requirements work
Also known as play-through requirements, a typical wagering requirement demands that you wager "X" times your bonus amount on the sportsbook. The value of "X" varies from site to site.
For example, on betway, you only need to wager 3 times your bonus amount, while on 22Bet, "X" is 5. On some other sites, "X" can be as high as 10. As the value of "X" increases, so does the difficulty of the wagering requirement.
Obviously, what we are looking for is a betting site with easy wagering requirements. This is one of the reasons why we really like Betway!