Casino Deposit Bonus Low Wagering
Similar to a 1 one dollar casino bonus, you can receive bonus spins with your low deposit from C$5 to C$20. Not all of use can be high rollers, so the smallest deposit casino players should take advantage of this type of bonus offers. $5 Minimum Deposit Casino Canada If you’re looking for $5 minimum deposit casinos, there are not many of them. A low wagering casino bonus is one that usually requires you to play through your bonus funds or bonus winnings less than 25 times (ideally once). This must be done before you can withdraw these bonus funds. These lowest wagering requirements casinos are very popular. They can sometimes be called 1x wager requirements or low wager bonuses.
Before you can start enjoying bonuses, you need to understand the low wagering requirements of online casinos first. You cannot really enjoy that bonus and any profit that you will get from it unless you meet the wagering requirement.
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You have to remember that online casinos are still in it for the profit. Sure, they will give you a bonus just for signing up with them and creating an account. And when you make your first deposit, you are most likely to get a bonus as well. If you are a new player, you will be enticed to sign up if it means you are given this bonus money that you can play with. If you deposit €100 and they will give you another €100 as a bonus, that would leave you with €200 to play with. That is awesome, right?
It seems too good to be true – but what is the catch?
If you think that there is something fishy about all these freebies, do not fret. All of these are strategies are not there to trick you. These are actually part of a system that all online casinos implement to help protect the whole industry. At the very most, the bonus will encourage you to really commit and try out the online casino.
But for you to really enjoy the bonus – specifically the profit and winnings you will get out of it, you need to meet the casino bonus wagering requirements first.
What is a low wagering requirement?
Let us define a wagering requirement first. This is simply the number of bets that you need to meet in order to be allowed to withdraw the winnings you got from the bonus money. Basically, that means the bonus money is not really free. Before you feel like you had been tricked – that is not true. The bonus money is yours to use so you can play more games and explore more of the online casino and play longer without putting in more money.
Now that is clear, what is a low wagering requirement?
This is the minimum bets that you need to meet in order to cash out your winnings. When you get a bonus for either signing up or making a deposit or simply by being loyal to an online casino, you need to use that money first. You cannot cash it out.
Characteristics of a low wagering requirement
Here are the important things that you need to know about it.
- You need to use it to make bets depending on the “x” amount of times that the online casino requires. For instance, there is a wagering condition of 20x the bonus amount. If you got €100, that means you should bet €2,000 in the games.
- You can reuse the winnings that you got – as long as the worth of bets will reach that amount. Only after that can you withdraw any winnings you got from using the bonus money. You might think this is a huge amount but if you play the slots, you will reach this amount in no time at all.
- You have to consider the gaming contributions too. Some online casinos will not allow you to meet the wagering requirements by just playing slots. Some will require you to play a couple of table games too. Not only that, some casino games will only consider a percentage of your bet to qualify as a wagering requirement. For instance, a Roulette game will only contribute 10%. So if you bet €10, only €1 will be added to the wagering requirement.
With all of these, it is highly possible that there will be nothing left of the bonus money after you have met the low wagering requirements. However, you need to consider the fact that you could already have a substantial amount when it comes to the winnings that you got from betting the bonus money.
Make sure that you read the terms and conditions of the online casino so you know how to use the bonus to your advantage.
About low wagering online casinos
Maybe you are wondering, why do online casinos use low wagering requirements? As mentioned, this is not meant to trick you to play their games. It is a system that puts a certain balance in the industry. When you first understand what it is all about, you will think it is quite sneaky. But in reality, it is not.
In the past, online casinos did not have the wagering requirements. This led to some players abusing the bonus that they are giving away. Instead of removing it, the wagering requirement was implemented. This allows them to flush out the abusive players while still rewarding those who sincerely just want to enjoy playing online casino games.
Of course, this does not mean they are still above reproach. Some, admittedly, would impose difficult terms and conditions that will make it hard to meet wagering requirements. This makes withdrawal next to impossible. This is how low wagering casinos come out to balance the whole thing. With the presence of these online casinos, other sites have to stay competitive. That means they are forced to loosen the restrictions with their respective wagering requirements.
Over time, more and more online casinos have emerged with an offer of low wagering requirements. While this seems like good news for everyone, you still have to exhibit a certain level of cautiousness. A low wagering requirement should not be the sole reason for you to try out an online casino.
Make sure you have checked the signs that they are secure, safe, legit, and also trustworthy. Explore the games you see on their website and read reviews to see if the positive outweighs the negative. A low wagering requirement and a bonus should just be the icing on the cake.
Benefits of low wagering requirements
Probably the main benefit of low wagering requirements is in helping online players have enough funds to explore the online casino and play the games. However, there are other benefits that it can give to the industry as a whole.
- It keeps players from abusing the bonus. Some would just get the bonus and withdraw without really using it to play games or make bets. This will end up as a loss to online casinos.
- It forces online casinos to implement reasonable and transparent wagering requirements and withdrawal conditions. While the wagering requirement is for the benefit of the online casino, it can also be subjected to abuse. This will leave online players at a disadvantage. When some online casinos implement a low wagering requirement, this will force others to stay competitive by offering their own.
- It separates the online casinos who are fair. A low wagering requirement showcases the effort of an online casino to be fair and honest with the online players. This establishes trust and respect across the industry. It also becomes a sign of a reputable and trustworthy online casino.
As you can see, the low wagering requirement is not just there to make sure that you try out an online casino. It does have a role to play in maintaining a balance in the online casino industry.
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There is a new trend in online gambling called no wagering online casinos which have zero or very low wagering requirements. If you are someone looking for a casino with zero wagering requirements or low wagering requirements, you have come to the right place! Thanks to our team of expert reviewers and analysts – all seasoned industry veterans – we are able to provide you not only with information about these casinos but also list out the best of the lot for players from Australia and New Zealand.
Top No Wagering (and Low Wagering) Casinos for 2020
Name | Bonus Details | Software | Play Now |
---|---|---|---|
WildCardCity Casino | 25 Free spins on Crazy Monkeys No code required – automatic | Quickspin | |
House of Jack | 100 no wagerfree spins after deposit | Quickspin | |
Mansion Casino | Deposit Pounds 10 and Get 20 free spins (no wagering) | Playtech | |
PlayOJO | 90 free spins no wagering after deposit | NetEnt | |
Guts | 50 free spins on Vikings Slot – No Wagering | NetEnt | |
Stakes Casino | 50 free spins no wagerign – after deposit | NetEnt | |
MFortune Casino | 50 free Spins no wagering 18+, T&C’s Apply, Begambleaware.org | NetEnt | |
Reeltastic Casino | Euro 10 no deposit required plus 20 no wagering free spins | NetEnt | |
Casino Jefe | 11 free spins, no wagering, no deposit | NetEnt | |
Rise Casino | Deposit £10 Get Up to £20 & 10 Spins T&Cs Apply. Wagering Requirements Apply. | NetEnt | |
Arcade Spins Casino | Deposit £10 & Get 50 Free Spins on Fluffy Favorites Use code:PLAY50. T&Cs Apply. Wagering Requirements Apply. | NetEnt | |
Secret Slots | 25 free spins no wagering | NetEnt | |
Lucky Dino | 7 no deposit freespins + 100 No wager spins after deposit | NetEnt |
What are No Wagering Casinos?
No wagering casinos are online and mobile casinos that come with no wagering requirements – or minimal wagering requirements – on the bonuses they offer. The advantage for the players is obvious – you don’t have to spend too much money in fulfilling the usually tenuous wagering requirements. For the casino, it is a great way to exponentially increase their player base and make a profit even without putting up high wagering requirements.
Casinos offer the no wagering option on welcome bonuses to new players as incentive to sign up. Some casinos offer this option on bonuses for their existing players. This is offered as appreciation for the player’s loyalty. The option could be offered on reload bonuses, deposit bonuses or free spins.
Why No Wagering or Low Wagering Casinos?
The bonuses at online casinos are usually generous enough to get a player to sign up and be a member. But for the casino, there is always the fear of incurring loss by handing out these generous bonuses and having players use them to score big or even moderate wins. There is also the fear of players exploiting these bonuses, something that was a reality a few years back. The wagering requirements kick in to counter that threat. A wagering requirement of 30x to 40x the bonus amount – some casinos apply it to the deposit as well – has so far been seen as a reasonable condition by players.
However, players do complain about the wagering requirements. Player complaints can be bad for business, especially given that online watchdogs and regulatory bodies keep strict vigil to ensure players are treated fairly. One of the worst things that can happen for an online casino is for one of these bodies to intervene to resolve player disputes and end up blacklisting it.
One way of ensuring none of these things happen is for a casino to tone down on the wagering requirements, or even remove it completely. The casino, of course, has other mechanisms in place to safeguard its interests and bottomline. Not all bonuses would be wagering requirement-free, for instance. The casino could give this offer on one or a couple of bonuses and use that to advertise itself as a player-friendly casino. It is good strategy, and works for everyone.
Types of No Wagering Bonuses at Online Casinos
Not all bonuses are offered as no wagering bonuses. Quite a few casinos nowadays offer the welcome bonus as a no wagering bonus. That is the surest way of getting a player interested, given that it is the first bonus that he will get to use when he signs up for real money play.
The three types of no wagering bonuses that online casinos are beginning to offer their players nowadays are:
No Wagering Deposit Match Bonuses
A number of online casinos are now offering no wagering deposit match bonuses. These can be welcome bonuses that come with zero wagering requirements or very low wagering requirements. The advantage is for both the player and the casino. The player gets to start off his casino adventure by using a bonus that he doesn’t have to spend much on to redeem winnings from. The casino can look forward to more and more players signing up with it.
No Wagering Free Spins
Some casinos offer the no wagering option on deposit free spins. These are free spins that casinos offer when you make a deposit into your casino account. They can be offered in combination with match bonuses as part of the welcome package, or separately as bonuses for existing players to use. The difference is that these have zero wagering requirements or wagering requirements that are very low.
No Wagering No Deposit Bonuses
The no deposit bonus is a popular bonus, but not all casinos offer it. Now there are casinos that offer no deposit bonuses with a no wagering tag. Not too many casinos offer this bonus option, however. One casino that does offer this is BGO casino. This casino offers its UK players a no deposit bonus of 10 free spins, and this offer doesn’t come with a wagering requirement. You find this bonus being offered to Canadian players as well.
Not too many casinos offer this option to players from Australia and New Zealand. For them the options available, and not too many of them, are the casinos with no wagering match deposit bonuses and free spins.
Some have another kind of no wagering offer for their players. They do not offer no deposit bonuses, match bonuses or free spins. Instead they offer cashback bonuses. Players get a certain percentage of funds as a cashback bonus for making deposits and playing. The cashback bonus may be either on the amount deposited through the day or any such defined and specific time period or on losses incurred over a specific period of time. A good example of such a casino is No Bonus Casino.
Popular No Wagering Casino Variants – the Low Wagering Casinos
Not all online casinos are keen to offer the zero wagering requirement option. The middle path that some casinos adopt is to offer bonuses with low or minimal wagering requirements.
These casinos are gaining popularity because for players it is easy to sign up with a casino that offers a welcome bonus with a 20x or 25x wagering requirement – even 30x – compared to one that has a 40x or 50x wagering requirement.
Terms and Conditions at No Wagering/Low Wagering Casinos
All no wagering and low wagering casino bonuses have their terms and conditions attached. The standard terms and conditions all apply. The difference is in the wagering requirements: the numbers are lower or zero compared to the bonuses at other casinos.
Casino Deposit Bonus Low Wagering Deposit
One way the casino safeguards its interests while offering the no wagering bonuses is by requiring players using this bonus to make a deposit when it comes to redeeming winnings from these bonuses. You will have the maximum withdrawal limit clause in place usually if it is a no deposit bonus.
No Wagering Casino FAQs
Casino Deposit Bonus Low Wagering Fee
What do you mean by the term ‘no wagering’?
The answer is apparent in the term itself. The term ‘no wagering’ means the bonus doesn’t come with a wagering requirement.
At most casinos, you will need to fulfil the wagering requirements to be able to withdraw winnings from a bonus; this stipulation is not there in a no wagering casino. This is a big step ahead because bonuses usually come with wagering requirements to ensure players do not misuse the bonus and also have you paying for what you want to redeem.
What is a wagering requirement?
A wagering requirement is a mechanism that casinos adopt to ensure that players are not able to misuse the bonus provided and also to ensure a profit despite having to pay out winnings. The wagering requirements need you to wager your bonus amount a specified number of times to be able to redeem your winnings. At some casinos the wagering requirement or rollover is not just on the bonus amount; it covers the bonus amount as well.
What does a 40x wagering requirement on the bonus amount mean?
A 40x wagering requirement on the bonus amount means you will need to wager an equivalent of 40 times the bonus amount you got to be able to cash out winnings from this bonus.
Assume that a casino offered a 100% match bonus up to €/£/$200 with a 40x wagering requirement on the bonus. If you won a €/£/$200 bonus you would need to wager €/£/$8000 (€/£/$200 x 40) to be able to redeem winnings from it. And if the wagering requirement was for the bonus and deposit amount and you deposited €/£/$200, you would need to wager €/£/$16,000 [(200+200) x 40] to be able to redeem your winnings from this bonus.
Why does a casino offer a no wagering bonus?
Casinos attach wagering requirements to their bonuses to ensure players do not misuse them and also to prevent losses because of the bonuses they offer.
However, for a player this can seem unfair since he would need to spend more to redeem less: nobody would like to wager €/£/$8000 to redeem a €/£/150 win, for instance and they have the option to lodge a complaint about a casino if they feel they are being given a raw deal.
Also, regulatory bodies and watchdogs from the industry keep a strict eye on casino practices and provide players the chance to complain about anything they don’t like about the casino. To ensure compliance with requirements laid down by these bodies and provide fair gaming opportunities, nowadays there are a few casinos that offer no wagering bonuses.