Wagering Requirements in Naira: What a Bonus Really Costs

A wagering requirement of 40 may seem low, but let’s say the bonus is ₦10,000; to withdraw your winnings, you would have to place ₦400,000 worth of bets at the average return rate of slots. Below is the calculation and a look into the hidden rules of betting.

  • ₦400,000of bets to clear a ₦10,000 bonus at 40x
  • ₦16,000average cost of those bets at a 96% return
  • 0xwhat Cloudbet, Thrill and BC.Game rewards ask

Adaeze NwosuBy Adaeze Nwosu, Lagos. Updated .

Wagering requirements explained with naira

Wagering requirements are made up of a base and a multiple.

Line drawing of a wooden abacus
₦10,000bonus you receive
× 40the wagering multiple
₦400,000total bets before withdrawal
800bets of ₦500 each to get there

A wagering requirement is the total amount you must bet before bonus money becomes cash you can withdraw. It is not money you pay; it is turnover. Every bet counts once, win or lose, and a win goes back into the balance you keep betting with.

The multiple is only one part of a wagering requirement. The other part is what it multiplies and again, this is where offers look similar but actually vary a lot.

Bonus only, or deposit plus bonus

The same ₦10,000 deposit with a 100% match, under three rules.

Total bets required on a ₦10,000 deposit with a ₦10,000 bonus under different wagering rules
RuleBaseTotal bets
35x the bonus₦10,000₦350,000
40x the bonus₦10,000₦400,000
30x deposit plus bonus₦20,000₦600,000

Looking at bonus policies is recommended, especially if the word “deposit” is not immediately evident.

What clearing a wagering requirement costs on average

Turnover times the house edge, on a ₦10,000 bonus.

Line drawing of a set of scale weights
  • 40x: ₦400,000 of bets (BitStarz, Bets.io)₦16,000
  • 35x: ₦350,000 of bets (1xBet, 22Bet, Betwinner, naira bonuses)₦14,000
  • 1x deposit rule on ₦10,000 (Roobet)₦400
  • 0x rewards (Cloudbet, Thrill, BC.Game)₦0

Our arithmetic at a 96% return to player, which means the house keeps ₦4 of every ₦100 bet on average. Real sessions swing far above and below the average. The point is the size: at 40x, the average cost of clearing a ₦10,000 bonus is ₦16,000. Our low wagering crypto casinos page ranks every offer by this cost.

BitStarz welcome package breakdown: 1st deposit 100% up to $100 or 1BTC plus 180 free spins, then 50%, 50% and 100%
BitStarz's welcome package, which carries a 40x requirement.

The rules inside the wagering rules

The small print that voids a bonus most often.

Line drawing of a gift box locked with a padlock
  1. A maximum bet

    Bitguruz limits bets to $5 while a bonus is active. A single bet over this limit results in forfeiture of the bonus and winnings.

  2. A deadline

    Bets.io gives you 7 days to complete wagering requirements. Bonus requirements at Bitguruz are set to 24 hours.

  3. Games that count less

    Not all games at casinos count towards wagering requirements. Check the contributions list before playing.

  4. A locked deposit

    At Bitstarz, to withdraw your bonus, you need to complete 40x requirements on the bonus first.

  5. A win cap

    Bets.io limits the max winnings from bonus spins to 5x the deposit.

  6. Withdrawing ends the bonus

    All bonuses at Bitguruz are forfeited with any withdrawal.

Each of these rules are in the bonus terms and conditions. Read them carefully.

Deposit wagering: a rule even without a bonus

Some casinos require you to wager your deposit before withdrawing it.

Deposit wagering rules at casinos, with no bonus involved
CasinoRuleOn a ₦10,000 deposit
WinnaEach deposit wagered once₦10,000 of bets
RoobetWager 100% of a deposit₦10,000 of bets
BitguruzWager each deposit 3 times₦30,000 of bets
BetwinnerBets equal to your deposits₦10,000 of bets

Many casinos have these rules to stop players from using the casino as an online funds transfer service. The average cost of doing this is about ₦400 for every ₦10,000 wagered at a 96% RTP casino.

How to clear wagering requirements

If you take a bonus at all.

Line drawing of an hourglass
  1. Work out the total first

    State it in naira. If the number is unacceptable, do not accept the bonus.

  2. Check the deadline and the max bet

    Calculate the average daily limit and place all bets within that limit.

  3. Play games that count in full

    Generally, bonuses are associated with slot games. The list of games is included in the bonus terms and conditions.

  4. Track progress in your account

    To find out how much wagering is left, check your account bonus section.

  5. Stop at your budget

    Refrain from depositing again to clear bonuses.

Ignore the bonuses, and take advantage of offers at Cloudbet and Thrill that have no wagering requirements. To see other bonuses, and convert them to naira, visit our page.

What the law says

Since a Supreme Court ruling of 22 November 2024, each state licenses gambling within its borders. Crypto is legal and regulated by the SEC. A casino licensed abroad is not licensed by any Nigerian state, and our reviews say which kind each casino is.

Check before you play

Lagos law makes promoting unlicensed gaming an offence, and the Lagos authority publishes a list of operators it calls illegal; none of them appear on this site. Check that playing is lawful where you live. Our guide is crypto gambling legal in Nigeria explains the rules.

Wagering requirements: common questions

A bonus can keep you playing longer

That is what it is designed to do.

Requirements are often burdensome and prolong a player's session. If you feel that a bonus is removing control from you, get rid of the bonus and keep your funds.

Seek help if you feel that you are no longer enjoying gambling.

Gamble Alert: +234 916 295 7989 (24/7), toll-free +234 705 889 0073. MANI: 0809 111 6264.

Free, confidential helplines. You must be 18 or older to gamble.