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What does 1x wagering mean?

A popular UK bookmaker used to run a 100% deposit bonus up to £200 for all new players. So if you deposit £100 you'll be eligible for a £100 bonus. To release your bonus funds you must bet your deposit amount with the company once (1x) meaning you must place £100 in bets to release the bonus £100.

cheekypunter.com - What Are Wagering Requirements? - How Do They Work? - Cheeky Punter

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Make Your Bookie Cry And Pull The Hair By Generating $23,187

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In today’s super competitive world of online betting, you’d be hard pressed to find an online sportsbook which doesn’t offer a range of bonuses and promotions to both new and existing customers. When choosing which online betting site to use, therefore, it’s important to compare those offers and decide which are best for you. The overall value provided by the bonuses is one important thing to compare but the most important factor are the wagering requirements which may be applied to the bonuses.

What Exactly Are They?

Wagering requirements are the conditions you must meet to be able to withdraw any winnings which have been associated with a bonus deal. All bonuses have terms and conditions and it’s these that stipulate what a punter must bet or wager to be able to withdraw bonus cash or winnings associated with that cash. Basically to benefit from any promotion you must meet these terms or requirements. The good news here is that when it comes to sports betting bonuses any requirements are usually small and much more favorable for the punter than any other type of online gambing (bingo, poker, casino).

How Do Wagering Requirements Work?

In the case of sportsbook promotions, wagering requirements typically come in two diverse varieties depending on if the bonus is a deposit bonus or a free bet style deal.

Free Bets:

The first type of wagering requirement is most often applied to simple, free bet bonuses and will generally stipulate that a customer must place a certain bet in order to trigger the free bet or bets related to the promotion. There will be a minimum amount needed as a first bet to trigger the free bet (bet £5 to get £20 for example) and also a minimum odds that first bet needs to be to release the bonus (usually 1.50 or 2.0).

Example:

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