Wagering Requirements on Sportsbook Bonus
When you bet online, you get bonuses and free bets. Betting sites offer you extra money to bet with both on your deposit and, at times, also as a no deposit sportsbook bonus. You cannot withdraw your winnings straight away. There are wagering requirements on your bets winnings that you first must meet in order to request a withdrawal of your sportsbook bonus win.
So, what does it mean that your sportsbook bonus has wagering requirements and how does it work? Wagering requirement at online bookmakers means that you must turn bonus money or equivalent amount of real money over to clear the bonus.
For example: your sportsbook £10 bonus wagering requirements are to turn over the bonus 6 times with odds being at least 1.50. This means that each bet that has odds equal to or over 1.50 will count towars clearing your bonus. Wagering requirement of 6 times requires you to place 6 x £10 in order to release the bonus. As easy as that. Please note that all sports bets online count towards wagering from the moment they are settled.