Wagering requirements are put in place by every casino. They’re implemented to safeguard it from substantial financial loss. They also reduce the possibility of bonus abuse by players who might try to cheat the system. If a player were to claim a cash bonus and withdrew it immediately, it would be a direct loss for the casino. Say for instance, a player gets lucky with a mere $5 no deposit bonus and is able to withdraw $200 instantaneously, that would be a huge loss for the casino. The wagering requirement is there to make the player use that $200 win, by placing more bets at the casino and thus, reducing the possibility of withdrawable winnings. Each bet placed by the player means the casino’s chances of reducing or completely eliminating that $200 payment are increased.