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What are wagering requirements? Wagering requirements are the number of times you must play through your bonus before you can withdraw any money. For example, if a casino offers a 100% match up to $100 and has a 25x wagering requirement, it means that in order to withdraw any winnings from your deposit, you need to bet at least $2500 on games. If the casino offered a 100% match up but had no wagering requirement then as soon as you made your initial deposit and played through it once (i.e., wagered $100), the casino would give you an additional $100 for free!
The payout percentage is the percentage of money that casinos return to players in winnings. It’s also called the “payout ratio.”
The term "payout ratio" can refer to either: a comparison between total amount wagered and total amount paid out, or a comparison between total amount wagered and net profit. The latter definition is more common among casino managers, whereas the former definition is more common among gamblers. For example, if a casino makes $100 million from bets made by its customers but pays out $90 million in winnings, then it has a 90% payout ratio on all bets placed at that casino during that time period ($90/$100 = 90%).
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