Wager Mage
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What does x4 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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Is it illegal to use my bookie?

MyBookie is a Legal Online Sports Betting Site, However you are responsible for determining the legality of online gambling in your jurisdiction.

Online gaming pioneers created MyBookie in 2014, vowing to improve services where so many other brands failed. MyBookie’s top priorities have always been the easiest deposits, the fastest payouts, and the absolute best customer service. Since launching, MyBookie has delivered on its promise of excellent service as well as easy, fast deposits and payouts. That’s not to mention providing an always-expanding selection of sports odds for players at all levels.

As a MyBookie player, you get...

The industry’s most rewarding loyalty program 24/7 English-speaking customer service via phone, chat & email The highest credit card acceptance rates Payout requests processed in just 48 hours Great bonuses on every deposit Hundreds of casino games If you’re new to online gaming, you’ve just found the best the industry has to offer! If you’re a seasoned veteran, compare MyBookie to your bookie and make the switch today. You’ll be glad you did!

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