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If you are still unclear about what wagering requirements mean, it is a minimum winning requirement for reward withdrawal. It is a condition laid down by a gambling site to protect itself against losses from large bonuses such as a 400% casino bonus. So you can only take out the reward amount if your winning is 60 or 70x the amount. Welcome bonuses or rewards come with their set of conditions. For example, they cannot be treated the same way as your winnings from the gambling site.
For example, if you are awarded 100 spins with a £20 cap, and you win those 20 pounds on your first ten spins. Then those last 90 spins will be removed and you just get to keep the £20. Time limit is one of the least important terms simply because you are always given enough time. This term just means that you have a set amount of time to complete your wagering or the bonus will be removed.
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