- Best Online Casino No Wagering Requirements
- Online Casino Without Wagering Requirements
- How Do Online Casino Wagering Requirements Work
- Best Online Casino Bonus No Wagering Requirements
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Online Casino Wagering Requirements. When an online casino gives a player a large sum of free credits, they know there’s every chance that the player will win some money playing with it. They also know that the more a player wagers, the more likely they are to lose. Thus wagering requirements were devised to protect their investment.
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Basically it’s the casino going: “We are going to give you free money… but not really.” But what do you expect? If they went around giving away money it wouldn’t be a casino, it would be a cash point.
Our definition of casino wagering requirements would be: A way for a casino to allow players to enjoy playing casino for longer whilst at the same time protecting themselves and their bonuses against abuse.
The restrictions on a bonus can be in the form of deposit amount, bonus amount, winnings or a combination and must be played through before the cash can be withdrawn.
Casino wagering requirements are really the online and mobile casinos way of saying “Here is free money to spend at the casino”. They give it to you, you have to play it a certain number of times playing slots or casino games at the casino to withdraw any amount of money.
So say you get £5 free no deposit bonus. The bonus wagering requirement is 50x (bonus only). You simply multiply 5 by 50, and you get the amount of bets you need to make before you can withdraw: £€250 to be exact.
Best Online Casino No Wagering Requirements
Now that doesn’t mean you have to deposit £250 – that would defeat the purpose. Simply that you need to make €250 worth of bets before you can cash out. So say your first bet on a slot was €5, and with it you win €250 on your first go.
Great! Can you withdraw? No.
You would need to bet those winnings of €250 (well €245 if you count your original bet) and then whatever is left you can withdraw. See what we mean?
So when looking at the latest mobile casino bonus, it’s not the amount you should be looking at, but the wagering requirements that go with it.
The chances are narrowed down even further if the wagering requirements aren’t put against the bonus amount only, but the bonus amount and the deposit amount.
Get No Wagering Free Spins at Guts CasinoSign up to Guts casino and if you decide to take their welcome bonus you can get from 50 to 100 free spins on Book of Dead slot all with no wagering.
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So you might think you got a good deal, because there is only 10x wagering requirements. But look at the fine print and you’ll notice it’s the bonus and the deposit amounts that need to be wagered, not just the bonus. So if you deposit €20 and got €20 free from the casino that gives you a total of £40 and the amount you have to bet goes up from €200 to €400. Significant.
Mobile casino bonuses are there to help prolong your playing experience. But if you don’t understand them, they can come back and bite you in the ass very quickly.
That said, if you’re playing to play, and not necessarily win, the fine print won’t be as big an issue for you.
Our top casino bonus sites
Here’s a list of some of our best mobile casino bonuses with their wagering requirements outlined:
- Get You Free Spins at Guts mobile casino: There are No Wagering requirements on these free spins, but you will have to make a deposit of at least 10 in cash, still worth a little extra for a great mobile casino experience AND they give away free spins every weekend. It’s a wager free free spins bonanza.
- Get 200 Free Spins at Leo Vegas mobile casino: With 35x wagering on winnings you get 20 free spins no deposit required straight off. Then you can claim your additional 180 free spins when you make your first deposit.
- Exclusive – 120 Free Spins at Vera&John mobile casino: That’s 20 on sign up and 100 after your 1st deposit. With 40x wagering on the bonus money these free spins are a great way to test out Vera&John’s mobile casino, but not necessarily win big.
Simply click on the blue links to claim your bonus and start playing at some of the best mobile casinos today.
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Online Casino Without Wagering Requirements
I can’t emphasize this enough…
Online casino bonuses virtually always come with wagering requirements, and understanding them will make it easier to find profitable offers.
Here’s the deal…
The fundamental premise of a casino bonus is that the player is getting extra money for playing games they would be playing anyway. However, a key part of this premise is the “for playing games” part, and there are situations where many people would try to claim a bonus offer without actually placing a bet. This would make the promotions a major source of loss for the casino sites themselves, and they wouldn’t be able to run them at all as a result.
How Do Online Casino Wagering Requirements Work
That’s not all…
Wagering requirements (also known as play-through requirements) protect the sites from this type of abuse, and they protect all other players since these requirements allow casinos to run the promotions in the first place. By forcing players to actually play the games a set amount before they’re allowed to cash out, it avoids these abusive situations.
A Basic Example of Casino Wagering Requirements
Here’s the deal…
Wagering requirements are typically a multiple of the bonus, the deposit or both. For example, you might see a deal at an online gambling site, that has a 20x wagering requirement on both the deposit and the bonus for a 100 percent match. Players who deposit $40 would get a bonus of $40, and the wagering requirement would be 20 * $80, which comes to $1,600. Alternatively, depositing $100 with the same deal would yield a bonus also worth $100, and the resulting play-through requirement would be 20 * $200 for a total of $4,000.
That’s not all…
Complications With Game Restrictions
Some games have different levels of play-through requirements, and that can make things seem a bit complicated. Other games might be restricted completely from play before a wagering requirement is completed. For example, consider a 150 percent match bonus on a deposit of $50 (for a $75 bonus) with a 20x base wagering requirement on the bonus and deposit for slots, but other requirements for additional games:
- For slots, the requirement is 20x, so it’s 20 * $125 or $2,500.
- Suppose the requirement for casino war is 50x. That would be 50 * $125, which comes to $6,250.
- If the requirement was 120x for blackjack, then that comes to 120 * $125, and that’s $15,000.
- Games like Blackjack, Roulette, and Baccarat may be restricted in contributing towards wagering requirements full stop because of the even bets available in these games with low house edge that can easily be manipulated by players in order to easily meet wagering requirements.
- On most online casinos the wagering requirement will be consistent throughout all games, and to compensate, you will normally see “contributions towards wagering requirements” expressed as a percentage (%) for each game listed.
Bottom line?
As you can see, the complications virtually disappear as long as you go step-by-step and look at each game individually instead of trying to do it all at one time. Trying to take on too many numbers at once can cause you to make simple mathematical mistakes.
Profitability of Bonuses
A cool trick you can do with wagering requirements like these is to figure out how much you’ll lose on average, based on the house edge of the game you’re playing. For example, suppose we have a 100 percent match on a $100 deposit with a 20x play-through requirement for a slot that has a 2 percent house edge.
Our wagering requirement is 20 * $200, which is $4,000 total. If we take 2 percent of that amount, we see that we’ll lose $80 on average from clearing these requirements. Since we’re losing $80 on average to claim a $100 bonus, we’re making an average profit of $20.