Wagering Requirements Explained
Wagering requirements have become a regular part of the casino bonuses. Everywhere you turn, you’ll find a casino bonus with some wagering requirements. Maybe you’ve claimed a bonus and couldn’t figure out how to withdraw it, or maybe, you’ve never understood the concept of wagering requirements. No matter what it is, we’re going to help you. Here at SlotsWise, we’ve prepared this page to explain to you what wagering requirements are and how to calculate them. Read on to learn more about wagering requirements and find out how to choose the best bonuses with fair wagering requirements.
In order to understand what the wagering requirements are, the first thing you have to understand is what is a wager. Simply put, a wager is a bet. When it comes to online casinos, a wager refers to the amount of money you spend on either a casino game, online slot, poker game, table game, or a bingo game. A wager can also refer to the amount of money that you bet overall in a game or over a specific period of time.
When you register at a new online casino, you’ll notice that it offers a welcome bonus as well as ongoing promotions that you can claim once you’re a regular player there. These bonuses can include things such as free spins, free bets, cash bonuses, scratchcards, and more, and they come with wagering requirements. So, wagering requirements is a term that refers to the number of times a player must play with the bonus money before they are allowed to make a withdrawal. Every casino bonus has many conditions that player must comply with. These include time limitations, a minimum withdrawal limit, as well as the wagering requirements. If you don’t meet these conditions, you won’t be able to withdraw your winnings.
Why do wagering requirements exist?
Online casinos add wagering requirements to their offers in order to protect their players and websites from harm. Moreover, online casinos don’t like bonus abusers because they can do great damage to them, which is one of the main reasons why casino bonuses have wagering requirements. Plus, another reason why wagering requirements are in place is because casinos need to comply with anti-money laundering regulations.
Experienced casino players will notice that online casinos put different wagering requirements on different bonus offers, and some requirements might be a bit challenging to meet. Fortunately, you can easily find the wagering requirements of every casino bonus you want to claim, as they are part of the bonus’s terms and conditions. Thanks to the gambling regulations, wagering requirements are more visible and players have access to more information. So, even if the casino offers a free spins no deposit bonus, it needs to have proper terms and conditions. For that reason, always make sure to read the terms and conditions before you claim a bonus. If, for some reason, you are not able to find these requirements around the casino site, speak to the Customer Support and make sure that you’re playing at a trustworthy casino.
We’ve searched the online casino market and found the best casinos that offer bonuses with fair wagering requirements. Plus, there are casino bonuses with no wagering requirements at all! We’ll tell you more about them below.
How to Calculate the Wagering Requirements
Understanding how to calculate the wagering requirements is a boring process but it’s essential so that you’ll know what you’re opting in for.
Imagine a new online casino has caught your interest and you decide to sign up. Also, imagine that the casino is giving you a £50 casino bonus when you make a deposit of £10, and the bonus has wagering requirements of 5x. So, this is how to calculate the wagering requirements:
£50 (casino bonus) x 5 (wagering requirements) = £250
So, in order to be able to make a cash withdrawal, you must play with the bonus money and wager a total of £250.
Now, imagine that in order to meet the wagering requirements, you must also include your first deposit. According to the calculation above, it would look like this:
£10 (your deposit) + £50 (casino bonus) x 5 (wagering requirements) = £300
This means that you will need to wager a total of £300 before you can receive your money.
Let’s give you another example. Imagine that the casino where you want to register is offering new players a 100% match bonus up to £100 that comes with 30x wagering requirements and requires a minimum deposit of £10. This is how the calculation will be:
£100 (casino bonus) x 30 (wagering requirements) = £3000
This means that you need to wager £3000 before you can make a withdrawal. But, some casinos have stricter terms and conditions and mix your own funds with the bonus funds. So, the wagering requirements would look like this:
£10 (your deposit) + £100 (casino bonus) x 30 (wagering requirements) = £3300
So, you’ll be required to wager a total of £3300 before you can request a withdrawal.
How to Beat the Wagering Requirements
We have explained what wagering requirements are and how to calculate them in order to be able to request a withdrawal. Luckily, there are things that you can do to beat the wagering requirements. So, here are a couple of steps you can take to get the most out of your online casino experience.
- Read the terms and conditions - Don’t just sign up at a casino and claim the bonus because it has reasonable wagering requirements. Before you accept the bonus, the first thing you need to do is to read the terms and conditions. This page outlines all the important information about the bonus, including the wagering requirements. You should also check if there is a limit on the amount of winning and on the period when you can use the bonus. Make sure you understand these conditions and then claim the bonus offer.
- Choose the right online casino - Before you sign up at an online casino, make sure that it’s a secure and trustworthy place to play. A secure online casino adheres to a number of rules and regulations that include fair wagering requirements. Fortunately, we’ve done the hard job for you and found the best online casinos with low wagering requirements. You can find them right on this page and below you can read more about how we rate the low wagering casinos, in order to choose the best ones for you.
- Choose the right games - If you ask some experienced casino players, they will tell you that different casino games contribute differently to wagering requirements. For example, table games contribute less than slots. For that reason, we recommend you to play online slots with your bonus funds. And here at SlotsWise, you can find the new online slots that are slowly becoming a huge trend among the players, as well as the all-time favourite games that never get old.
No Wagering Requirements
Believe it or not, there are online casinos that come with no wagering requirements at all, which means that all your winnings will be paid in cash. These casinos have been popular among the players who don’t want to get bored calculating the wagering requirements and playing more times with their bonus funds. And who wouldn’t want to be able to keep their winnings without having to play them over and over to meet some wagering requirements?
Still, the number of casino sites with no wagering requirements is smaller than the number of ones with such requirements, but you can still find a place where you can withdraw your funds anytime you want. However, before accepting any offer, don’t forget to read the terms and conditions on the site you’re in. We always advise our players to read these conditions, as each online casino has its own requirements. Just because there are no wagering requirements doesn’t mean that there won’t be some other conditions like time and withdrawal limits.
Here on SlotsWise, we know that our players love playing at no wagering casinos. For that reason, we are constantly on the lookout for finding the best no wagering deals for you. Make sure to regularly check this page and find the latest casino sites with no wagering requirements or low and reasonable requirements.
How We Rate the Casinos With Wagering Requirements
There are hundreds of online casinos where you can register and play different games. However, not all casinos are worth your time and money. Apart from the wagering requirements, there are other important factors we take into consideration when reviewing online casinos. We always make sure that a casino is secure and trustworthy before we recommend you to join it and deposit your money there. For that reason, when reviewing an online casino, we stick to high standards these are the key points we look for:
- Bonuses and Promotions
- Games Variety
- Software Providers
- Payment Options
- Security and Licencing
- Payment Options
- Mobile Usability
- Customer Support
Let's explain in detail how each of these points is important when you look for the best online casino with reasonable wagering requirements.
Bonuses and Promotions
There are plenty of different casino bonuses and promotions that you can find at online casinos. They can help you decide whether the casino is worth joining or not. The purpose of the casino bonuses is to attract more players to register at the sites, as well as to stay and continue playing there. Players always look for the best bonuses so we always check what types of bonuses does the casino offer. Of course, here come the wagering requirements that must be fair and reasonable so players can comply with them without issues.
In addition, the best online casinos will clearly display the most important information about the bonuses as part of their terms and conditions. Moreover, they will allow you to become part of loyalty schemes from your very first deposit. These schemes can be in form of Loyalty Programmes or VIP Programmes and can have different rewards. In these schemes, you can find free spins, bonus cash, access to exclusive games and promotions, birthday gifts, and much more.
To sum up, we always check the most important information about the bonus and include it in our casino reviews:
- What the minimum deposit for the bonus is;
- Is there a promo code to enter;
- Does the bonus have wagering requirements;
- Is there a time restriction on using the bonus;
- What games are included in the bonus.
The greatest casino sites provide a variety of casino games that can be played on both desktop and mobile devices. The most common casino games that can be found at the most popular online casinos include a variety of slots, table games, live casino, and even some unique games. Casinos ensure that the games provide top-notch gaming experience and feature high-quality graphics, excellent sound effects, and smooth gameplay. For that reason, we always make sure to check the game variety available at the site that we test, and include that information in our reviews.
Software providers are the ones that make online casinos and games come true. An online casino won’t be able to operate if it weren’t for the software providers. They develop the websites and games and ensure that players always receive the best gaming experience. The best online casinos have integrated a variety of games from many top-notch software providers:
There are hundreds of software providers available at online casinos. Here you can find the full list of the most popular and trustworthy software providers available at the best online casinos that we recommend here on SlotsWise.
To play real-money games at online casinos, you need to find a way of depositing and withdrawing money into and from your casino account. For that reason, it’s important for an online casino to offer various payment methods that will allow you to deposit quickly and efficiently. These payment methods must be secure so that your personal information will stay protected from third parties. We always check the available payment options at the casinos we’re reviewing and make sure to include this information in our casino reviews.
Security and Licencing
The most important thing that makes an online casino trustworthy is its security and licencing. When we review an online casino, the first thing we check is if it’s licenced by official gambling authorities. Then, we make sure to check if the casino is up to date on the latest security technologies and whether it’s certified to provide fair play and honest payouts. We always recommend online casinos with fair wagering requirements that provide you with fair, independently-audited games and SSL encryption to protect your personal information.
These days, the bigger number of casino players prefer to use their mobile devices to play. As a result, mobile casinos have become a true sensation among players. For that reason, we always test whether the casino we review is mobile optimised and meet players’ expectations. This means that you’ll be able to register, make a deposit, claim a bonus, play games, and withdraw funds from your mobile device. The online casinos that we recommend are easy to navigate on mobile and you can easily access all of its features.
When you play online casino games, you might come across an issue for which you'll need assistance. That's why customer support is very important. Every reliable online casino has a 24/7 customer support service that is ready to help you with any problem you have. The most popular methods of contacting customer support are email, phone and live chat. Also, the best online casinos that we recommend provide a comprehensive FAQ section that includes answers to some of the most common questions by the players.
Best Online Casinos With Low Wagering Requirements
Now you are a true casino expert like us. You know what the wagering requirements are, how to calculate them and how to find the most reasonable ones. On this page, you can also find the best online casinos that have attractive bonuses and low wagering requirements.
Make sure to read our casino reviews and find the most important factors when choosing the best casino for your preferences. All of the casinos that we feature on this page are tested and verified to provide secure gaming. So, all you have to do is to find the right one for you and start your gaming adventure. Good luck!