Wagering requirements are conditions set by online casinos and sportsbooks that dictate how many times a player must bet their bonus or promotional funds before they can withdraw any winnings. For example, if a player receives a $100 bonus with a 5x wagering requirement, they must wager $500 before cashing out. These requirements are designed to prevent bonus abuse and ensure that players engage with the platform. It's essential for players to read the terms and conditions carefully, as wagering requirements can vary significantly between different promotions and operators.