Wager Mage
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What does 4x wagering mean?

The most common wagering requirement for bingo sites is 4x, which means that you have to wager four times the bonus offer.

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Ultimate Wagering Requirements Guide

Whether you’re a newbie or a veteran, you’ll have seen promotions and offers on all of your favourite bingo sites. But these offers don’t come without a price; they’re all subject to wagering requirements. These requirements can get rather confusing, so BingoPort has put together an Ultimate Wagering Requirements Guide to help you read between the lines and figure out when an offer is too good to be true! You should read this guide before you accept any welcome bonuses or promotions; otherwise, you can get caught in a web of complications. It can be a common scenario for many bingo players: they join up to a site and accept a welcome bonus, and they even win a decent jackpot. But they soon find out that they can’t actually withdraw any of their winnings, because they didn’t meet the wagering requirements. So pay attention, before you have to go through such a soul-destroying experience!

What Are Wagering Requirements?

While wagering requirements might sound a little scary and complicated, this guide will help clear up any confusion. Most bingo sites have promotions on offer, such as ‘spend £10 and get £30 to play with’. These promotions are all subject to wagering requirements. A wagering requirement is the amount of money you have to bet (or spend) in order to receive the bonus. In most cases, you won’t be able to withdraw any money until you’ve met the wagering requirements.

So, what do they look like?

The most common wagering requirement for bingo sites is 4x, which means that you have to wager four times the bonus offer. For example: spend £10 and get £30 to play with, with a wagering requirement of 4x, would mean that you’d have to spend £120 before your requirements have been met. Please note that the wagering requirement sometimes includes the bonus and the deposit, so make sure you check! While you might think that kind of number is ridiculous, it’s actually quite fair, particularly in comparison to casino websites, which can have requirements as high as 50x! Ultimately, wagering requirements are designed to ensure bingo players keep coming back to the site; you have to spend more time on the site to claim a bonus, which is what all sites want.

Why Do Bingo Sites Need Them?

Wagering requirements can be a nightmare, but they are extremely vital to the gambling industry. They’re one of the few ways that bingo sites can make a profit; if they weren’t there, members would be able to take and withdraw bonuses without spending any time on the site. Without wagering requirements, bingo sites wouldn’t want to offer you any promotions, because they wouldn’t make any profit! And you’d be left to live in a world without promotions! Wagering requirements are 100% legal, even if they don’t seem fair to you. By joining a site and accepting their terms and conditions, you are agreeing to follow and accept wagering requirements.

Where Can I Find A Site's Wagering Requirements?

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What are the odds to be alive?

The probability of that happening comes out at about 1 in 102,685,000, or 10 followed by 2,685,000 zeros. For comparison, the Universe only has 1080 atoms.

There are currently over 7.3 billion people on Earth, and only one of them is you. If that makes you feel extremely small and insignificant, don't worry - the odds of you existing at all are even tinier. The infographic from Visual.ly below crunches the numbers and shows you exactly how small those odds actually are. To start with, the odds of your dad meeting your mum - about 1 in 20,000 - then has to be multiplied by the odds of them talking, dating, and then staying together long enough to have kids. Things get even deeper, with the probability of your mother's egg and your father's sperm having all the right DNA to make you you - and not a slightly different person, like your sibling - being 1 in 400,000,000,000,000,000. And things get a whole lot more complicated if you consider that those odds need to happen every generation all the way back until you reach single celled organisms - the actual beginning of your timeline. The probability of that happening comes out at about 1 in 102,685,000, or 10 followed by 2,685,000 zeros. For comparison, the Universe only has 1080 atoms. The infographic finishes by letting you know that the probability of you existing as you is pretty much zero. This means that you are the textbook definition of a miracle.

Enjoy the full infographic below:

Visual.ly

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