If you have ever visited an online casino, then you will be familiar with the concept of bonuses. Although this may look like free money, it really isn’t. Due to the terms and conditions placed on bonuses (also known as wagering requirements), you can’t just sign to a casino and withdraw a bonus.
Before you can withdraw any bonus funds, you need to meet the casino bonus wagering requirements governing the offer. This list of terms includes conditions such as:
- Playthrough requirements (such as 50x wagering requirements)
- Max cashout limits
- Minimum deposit limits
Unsurprisingly, there is a lot more to the free cash than meets the eye. And, sometimes, this puts a damper on the whole experience. Especially if you did not study the requirements well enough and have accepted a bonus that actually is nothing more than a waste of time.
So, how can you avoid accepting bonuses that just aren’t worth it?
We have created the ultimate guide to wagering requirements so that you never accept a bad bonus offer again. Some of the areas we cover in our guide include:
- A definition for wagering requirements,
- An explanation of how they work,
- And, how to beat them.
We also list a bunch of online casinos with bonuses with no wagering requirements and some casinos with the best wagering requirements. As such, you can start gambling as soon as you feel ready!
Casinos Offering No Wagering Requirements
Wagering Requirements Links
- Casinos Offering No Wagering Requirements
- What are Wagering Requirements?
- How Wagering Requirements Work
- How to Beat Wagering Requirements
- Are Casino Bonuses Worth It?
- Wagering Requirements – FAQs
What are Wagering Requirements?
Wagering requirements is the term used by casinos to refer to the rules governing their bonus offers. Wagering requirements govern how you qualify for a bonus when you can withdraw, and how much you can withdraw.
All casino bonuses have some sort of wagering requirements. These rules prevent players from signing up to a casino, claiming the bonus, and immediately withdrawing. If you were allowed to do that, no casinos would be in business.
So, every gambling site drafts its own rules to govern its bonus offers to limit your chances of winning. As such, not all bonuses are the same.
You should always have a look at wagering requirements before accepting a bonus. Especially as it may impact when you can withdraw cash, you won with your real money deposit and not your bonus.
Quite simply, bonuses with terrible stipulations aren’t worth accepting because you will spend eternity trying to meet them.
How Wagering Requirements Work
As mentioned above, casino bonus wagering requirements usually influence three key areas, and these are:
- How you can claim a bonus
- When you can request a withdrawal
- How much you can withdraw
Bonus Qualification Requirements
Most bonuses have rules governing how you can go about claiming them. Aside from the fact that you need to be a new sign-up to claim a welcome bonus, there are other stipulations that you sometimes need to meet to claim bonuses for existing players.
The most common is a minimum deposit on deposit bonuses. Most casinos will require you to deposit at least $20 to qualify for a match. However, there are others.
Other bonus qualification requirements include:
- Daily login – usually required with daily free spins promotions
- No current active bonus (some sites don’t allow you to double up on bonuses)
In general, this is the easiest requirement to meet because usually you only have to make a deposit of a certain size.
Playthrough Requirements
Playthrough requirements are the terms that determine when you can request a withdrawal. They tell you how much you will have to wager before you can make your request. You can calculate the amount of money you will need to bet using a relatively simple formula:
Bonus x Wagering Requirements
So, let’s say you get a $10 bonus from a casino, and it has a 40x playthrough requirement. The playthrough requirement on the bonus is $400 because $10 x 40 is 400. Only after you have bet a total of $400 will you be able to request a withdrawal with you bonus money.
Usually, playthrough requirements are set between 30x and 50x at the average casino. Anything lower and you’ve got yourself a really good deal. However, anything higher than 50x is not worth it.
Max Cashout Limit
Not all bonuses have a max cashout rule attached, but some do. Although playthrough requirements may seem overbearing at times, some casinos will give you hundreds of dollars in bonuses at a time. And this makes for ample opportunity to win a big payout when you play expensive games with high betting limits.
To prevent having to pay players out ridiculous sums regularly, some casinos will institute rules that limit the amount of money you can win. Many sites set this at $5000 or 40x your initial deposit, whichever is higher.
Max cashout limits can be annoying, but usually, these are bonuses that have lower playthrough requirements. So, you really have to pick your poison with these things at times.
How to Beat Wagering Requirements
There isn’t a definitive way to beat casino bonus wagering requirements. All you can do is make sure that you are playing at a casino with favorable terms.
As such, we recommend that you focus on two areas when picking a casino with the aim of maximizing your bonus:
- Bonus Terms and Conditions – read through a casino’s bonus terms and conditions page before making a deposit and accepting a bonus. By doing so, you will learn whether or not a bonus will accentuate your gaming experience. Don’t be wowed by big deposit matches without looking at the playthrough requirements.
- Casino Safety – only play at licensed and regulated casinos. If bonus terms and conditions seem too good to be true, they probably are.
- Stick to Slots – slot games provide you with the best chance of beating the playthrough stipulations quickly. They also count 100% towards playthrough requirements, which is not true of all games.
In summary, if you pick a good bonus, you shouldn’t have an issue meeting the wagering requirements.
Are Casino Bonuses Worth It?
Wagering requirements prevent you from claiming free cash from casinos, no strings attached. However, these terms and conditions do not render bonuses worthless.
Ultimately, the best casino bonus offers give you a chance of walking away with your winnings. Similar to regular gambling, there is no guarantee that you will win anyway. Bonus cash just makes the act slightly more difficult.
But this is the price you have to pay to actively extend your gaming sessions with more funding. If you don’t like it, remember that you can always decline a bonus.
Wagering Requirements – FAQs
A wagering requirement is a term or condition governing a casino bonus offer.
You can withdraw any money you win with a bonus bet. However, to do so, you need to meet the bonus’ wagering requirements.
A bonus balance is separate from a cash balance. A bonus balance is the total amount of bonus cash you have received from a casino. Your cash balance is the total amount of cash you have deposited into your account.
A 10x wagering requirement suggests that you have to wager 10 times the bonus amount you received before you can withdraw your winning with a bonus.
Wagering requirements are unavoidable. Even if a bonus offer claims to have no conditions attached, chances are they still do, even if it isn’t those traditionally seen on other bonuses.
No wagering is meant to denote a casino bonus offer with no wagering requirements attached. We’d still have a good look at this offer before accepting it, though.
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