Wagering requirements play a crucial role in determining the actual value of casino bonuses, as they dictate how many times a player must bet the bonus amount before they can withdraw any winnings. High wagering requirements can diminish the bonus's attractiveness, making it difficult for players to convert their bonus into real cash, which may lead to frustration or disillusionment. For instance, a bonus with a 30x wagering requirement means players must bet thirty times the bonus amount, which can significantly increase the time and money needed to realize any potential benefits.