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wager requirements

Wager Requirements for Beginners

In theory, online casino bonus offers are a gaming beginner’s best friend – in practice, there are rules and stipulations attached. If you’ve ever heard of free money …well, it's not quite like dollars raining from the skies into players’ hands. 

Let’s examine how to turn those bonus bucks into real, live greenbacks – and consider how long it takes to cash out.

Guide to Wagering Requirements 

Online casinos give out bonus deposits (and free spins or wager matching) to help beginners boost their bankroll, but before you see the coins fly and cash out, you must bet a total amount reflective of your total deposit + bonus cash… this is your wagering requirement. 

Wager requirements are the key ingredient so that you, the player, turn Bingo Village bonus bucks into real withdrawable money. Think of wagering requirements as a fun challenge. Or, like “extra lives” given in an adventure game with a boss battle that’s a little tough to beat.

Some folks get bamboozled by the concept, feeling duped or frustrated. But fear not, child of fortune  – it’s’ as simple as 1, 2, 3.

(Or, more accurately, it’s as simple as 3.5x – 25x, which we’ll get to below)

Your bonus money is certainly calculated into your total bankroll. We think this is fair because you can win real money playing online bingo with bonus bucks. Think of these as a rocket fuel for your bankroll – deposit bonuses give you an extra chance to win big, and play more games. One jackpot, and BOOM! You’ll meet the requirement and walk away with more money than if things were a little more simple (like the days of neon-coloured bingo daubers). 

Deposit Bonuses and Wager Requirements

Bonus money vs. real money: Imagine bonus money as "game money" you can use to play and win more. But to cash out those winnings, first, you have to complete the wagering requirement.

Let’s say your initial deposit of $50 was matched by a 1,600% deposit bonus. You now have an $800 bankroll, with $750 bonus bucks that can be used to play online bingo for real money (or in specific online slots and classic games).

Let’s look at the math: A Bingo account would require you to have 3.5x wagering requirements, meaning you keep playing until you’ve bet $2,800. For the best strategy for winning bingo, check our beginner’s guide to bingo and our top strategies. One of the tried and true methods is to play when the player count is low and buy as many cards as your budget allows – so, you can get a lot closer to that wager requirement total by purchasing 20+ bingo cards per game and playing a handful of them during off-peak hours. Before you know it, you’ll be close to that magic number to cash out your winnings! 

Tip: Casino accounts require more playing hours, and at Bingo Village, your wager requirement is going to be 25x the original deposit.  

Wagering Requirements and Withdrawing Your Winnings

Bingo Village Casino Accounts can be checked by heading to our home page and then to My Profile > Withdrawal Wager Rules Information. From here, you can check your balance and see which type of account you have. If you like slots and side games, chances are you’ll have a Casino account. 

Can you escape the wager requirement at online casinos? 

Not usually. Most bonuses come with them, but the good news is, Bingo Village is competitive with our wagering requirements and always have someone online willing to help. Our customer care team is exceptional and can answer any questions you might have about withdrawing money from your Bingo Village account.

Types of Bonuses in Online Casinos

While most bonuses have requirements, some casinos offer special deals that let you have no-strings-attached instant cash. It’s typically tied to a holiday or for first-time players. Here are a few types of bonuses. Each casino is different, so play carefully and always check the FAQ for information on your online casino wager requirements.

  • Cashback offers: Get a percentage of your losses back as real money or bonus bucks.
  • Wager-free bonuses: These are rare casino bonuses that let you keep the money without playing at all.
  • Loyalty Bonus: Like your typical VIP program, the more you check-in, the more likely you are to get a reward.
  • Reload Bonus: This is a bonus amount given for regularly making a deposit.
  • Free Spins: These are designed to introduce players into online slots. You can win real money with free spins, but using them may also change your account type. 
  • Welcome Bonus: First time players can get extra money to help let them explore the various online casino offers.

At Bingo Village, you can use your bonus balance to play Bingo and Classic Games like Pirates Treasure, Serpent's Riches, Fruity Frenzy, Trolling for Treasure, etc. Although some of our games and slots require you to use your cash balance, you can always bet your bonus money on Bingo games.

Bonus Deposit Terms & Conditions

Read our FAQ for more information on how to use your bonus bucks and what restrictions may apply. We recommend starting with smaller deposits if you're new to online casinos, that way you can get a feel for our game offerings and how much it takes to play and meet your wagering requirement.

Always gamble responsibly! And don’t try to abuse any bonus offers. 

Bingo Village reserves the right to investigate, cancel, suspend or lock any account if bonus abuse is suspected.

Recap: Wager Requirements

Wagering requirements might seem like a burden on your ability to win and cash out, with the right strategy you can work towards this with more deposit money, and more chances to win big. 

The two types of accounts at Bingo Village are Casino and Bingo. It doesn’t take very long spinning the reels on our online slots for your account to change to Casino, so, if you like the lower 3.5x wager requirement we recommend sticking to our favorite pastime. But don’t let the wagering requirement scare you away from a bit of fun! Many of our online slots accept big wagers, and you can score even bigger payouts, so it’s worth exploring our online slots if you have some time to spare and are hunting for jackpots. 

Recap: Withdrawing Your Money

Every online casino has minimum and maximum withdrawal amounts, and at Bingo Village, the minimum withdrawal amount is $100. The maximum amounts allowed are $750 weekly and $2,500 monthly.

To reach your potential for a withdrawal, you must meet the wagering requirement.

Check the type of account you have by navigating to My Profile > Withdrawal Wager Rules Information. Play responsibly, have fun, and we are here every day of the week if you have any questions.