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Wagering requirements are the mandatory evil of almost every casino bonus. The majority of online casinos attract players with lucrative deposit bonuses, free spins and other promotions, but these bonuses can’t instantly be converted into cash. Before you can withdraw any money, your bonuses or free spins winnings need to be wagered a set number of times. But what are casinos’ wagering requirements? What does this so-called “casino wagering” mean? And what about those generous online casinos without wagering requirements (see below)…?
Wagering Requirement – Wagering Requirements Explained
Casino Professor – Wagering requirements explained video
When a player makes a deposit, they usually claim a casino bonus at the same time. Bonuses may vary between casinos, but the most common type of deposit bonuses are also called “match-up bonuses”.
The most common bonus that there is sees you depositing anything up to 100€, whereas the casino will match your deposited amount and give you the same amount of money in bonus cash. This bonus is usually represented in the following way:
- 100% up to €100
While it sure is nice to get more money to play with, this money isn’t yours right away – enter the wagering requirements. Before you can withdraw this additional money, you need to wager it a certain number of times.
Why do casinos give you bonuses with wagering requirements that you need to complete?
The reason for this is simple: casino sites are in the business of making money, and giving out free money wouldn’t be good for the business. However, they want to make things attractive for the players as well to get them to sign up. Giving players deposit bonuses and free spins is a way of offering players incentives to join – namely, by giving them money to play with while they get acquainted with the casino’s game selection, which often consists of hundreds or even thousands of different titles.
It’s a nice extra from the casinos to give out bonus money: remember, they don’t have to do it.
What are commonly included within bonus terms?
Even though bonus terms are always different depending on the casino, some conditions will be the same. For instance, you can only redeem a bonus once per player or household. Also, if you don’t use the bonus by a certain date, the bonuses can be deactivated. This deadline can vary dramatically, from 24 hours up to 30 days.
All terms and conditions should be read though at least once carefully to make sure you agree with them and that you know what’s to be expected. There are a few points you should take a note of:
- All winnings must be wagered before withdrawals.
- If there’s real money and bonus money in your account, which one is used first? If real money takes the lead, this is a so-called forfeitable bonus.
- Some games have a “gamble” feature that allows you to play your win again for a possible bigger win. This is not allowed when playing with bonus money.
Of course, as all casinos build their own bonuses and bonus terms, there will be additions to these without doubt. This is the reason why you should always read through the terms before making a deposit.
Comparing Wagering Requirements
When comparing wagering requirements between different casino sites, keep an eye on the terms and conditions. There are many differences between casinos regarding the amount that you have to wager.
Usually, it is the bonus amount that you need to wager a certain number of times, but sometimes you will have to wager your deposit as well. This means that you shouldn’t just pay attention to the number (20x, 35x, 40x, 45x, 60x etc.).
Case: 100% up to €100 with a wagering requirement of x40 bonus.
If a player makes a deposit of €100, they will receive the maximum bonus amount, which is €100. In this example, you only have to wager your bonus, so the player needs to wager 40 times the €100 (40 x €100 = €4000) before being able to withdraw.
Case: 100% up to €100 with a wagering requirement of x20 bonus + deposit.
In this case we have the same bonus, but the wagering requirement is different. When a player makes a deposit of €100 to claim the maximum bonus, they will have to wager BOTH the deposit (€100) and bonus money (€100) 20 times (€100 + €100 x 20 = €4000).
Essentially, both of these examples are the same, just presented in different ways. In both cases, the player is required to wager a total of €4000, before being able to withdraw any of their winnings.
Wagering Requirement – How to Beat Wagering Requirements
Let’s continue with the same amounts mentioned in the two examples. In both of these cases, the total amount needed to wager was €4000. Before you have completed the wagering requirement you aren’t eligible to withdraw the bonus money. Therefore, it’s actual value can be considered as €0.
To earn the bonus money you need to start betting. Every euro betted will be deducted from the wagering. However, there are a few catches:
- Casino sites will often place a maximum bet amount while wagering (usually €5 or equivalent). This means you can not go all-out and instead will need to place several bets before wagering can be completed.
- A €1 betted isn’t always FULLY deductible, as different games may have different wagering terms.
Different Slots & Games Wager Differently
To make things more complicated, different games can have different wagering requirements. This is due to the fact that certain slots and games give the players different odds.
For example, table games such as roulette and blackjack generally have a better RTP (return to player) rate than a slots machine. Of course, the worse your odds, the faster you are most likely going to lose. Long story short: you need to have better luck in wagering with slots than you would have in table games.
Here is an example of games with different wagering requirement weightings, taken from Casumo:
- Slot machines (except those exempt): 100%
- Video Poker: 30%
- Casino Hold’em: 10%
- Oasis Poker: 10%
- TXS Hold’em poker: 10%
- Ultimate Texas Hold’em: 0%
- Baccarat (all kind): 0%
- Punto Banco: 0%
- Roulette (all kind): 0%
- Blackjack (all kind incl. Pontoon and Double Exposure): 0%
- All other games: 100%
Yet, there’s one more catch to add – revolving around the “except those exempt”. While all slots that are eligible will contribute 100% to the wagering, a handful of predetermined slots will not. A good example is NetEnt’s Bloodsuckers which usually does not count towards wagering as it has a high RTP (Return to Player). The RTP has been lowered for the game’s sequel, Bloodsuckers 2, however.
At live online casinos, the wagering is often close to zero and therefore completing a casino bonus on a live casino is relatively hard. As such, live players should consider whether it’s even worth taking the bonus. Occasionally, some online casinos that are specialised in live games offer dedicated offers. An example is 888casino’s live casino bonuses.
Free Spins Wagering Requirements
Wagering for free spins is not quite the same as bonus money wagering.
The wagering amount you see attached to free spins refers to any overall winnings that you accumulate.
Case: Your free spins bonus comes with x30 wagering, and you win a total of €5 from them.
Once you’re total number of free spins has been used up, the wagering begins. In this case, it would be (30 x €5 = €150). Again, casino sites often apply a €5 max bet while wagering.
How hard is to complete wagering requirements?
This varies a lot between casinos, as some can be a lot harder/easier than others, but most of them can be fulfilled. It’s still always the casino who has the edge but sometimes fortune favours the bold!
However, the worst bonuses might not even give an outside chance for the player so it is always a good idea to check the terms and conditions before claiming anything. But if the worst comes to the worst, at least you can play a bit longer with bonus money.
Wagering Requirements Calculator
Still with us? Good, because the Professor has concocted something that will make all these equations a piece of cake.
Use the Prof’s online casino bonus calculator below to help work out exactly how much you need to play to complete your wagering requirements at a casino and keep your winnings.Work Out Your Wagering Requirements with the Professor’s Wager Calculator
How to Use the Wagering Requirements Calculator
Stuck? Here’s what you need to do to get the online casino calculator running.
Simply populate the casino bonus calculator fields
- Deposit Amount: The exact amount you deposited to activate the bonus.
- Bonus Amount: The exact amount of extra bonus money you received.
- Wagering: The number of times the casino requires you to bet/wager your bonus before it’s converted to real cash and can be withdrawn. You can find this in the terms.
- “Bonus” or “Deposit + Bonus”: Select whether the wagering is for simply the bonus amount or the deposit plus bonus. Again, this will be visible in the terms.
- Contribution %: How much the game you’re playing contributes to the wagering. As we mentioned earlier, different slots and games can have different wagering weighting. This can also differ per casino.
Once these fields have all been populated, hit enter to see the Casino Professor’s wager calculator results. The figure it spits out is in numerical format so it’s valid in all currencies. Simply add your currency symbol at the beginning for the total amount you need to wager.
Online Casinos With No Wagering Requirements
Perhaps due to the UKGC getting tough on unfair terms and conditions, there seems to be more and more platforms becoming no wagering casino sites. When playing at online casinos without wagering requirements, all of the above stresses simply vanish. Instead, you can be sure that you keep what you win with certain bonuses – no catches or strings attached, just proper casino entertainment.
Just how far they go depends on each individual casino, with some deciding, for example, to apply wagering for deposit bonuses but then offering wager free spins. However, certain casinos even have no wagering requirements completely across the board!
As they’re not always clearly signposted, here are the Professor’s top 6 picks for casinos with no wagering requirements.
BGO No Wagering Casino
During early 2017, something twigged in the BGO backroom when they decided to beat wagering requirements once and for all by sending them to landfill. Several months later, BGO deployed a casino site-wide no wagering policy, leading to this gem of a no deposit bonus:
- 10 Free Spins: No Deposit, No Wager, UK included, No Max Cashout!
It’s a simply awesome casino boost, offering a very good chance for you to win real cash with no deposit on some classic slots by NetEnt. However, if you do decide to make a deposit then more free spins no wager for UK gamers will be made available.
BGO also promise that all future bonuses will have no wagering requirements attached. It must have gone down well, as BGO’s sister casino site PowerSpins have also followed suit.
Rizk No Wagering Casino
Another cracking little no wagering no deposit bonus comes from the popular casino site Rizk. You access it by spinning the Wheel of Rizk, which is, in the casino’s own words: “kind of like the Wheel of Fortune, but about a million times cooler”.
- Land Cash or No Wager Free Spins Without Depositing
Wagering requirements are in force for the rest of the welcome bonus. However, whenever you level-up and spin the Wheel of Rizk, some sort of no wager casino bonus will always appear.
Guts No Wagering Casino
From the UK? You can get a nice deposit bonus plus a total of 50 wager free spins on Play’n GO’s Book of Dead slot at Guts. Here’s how it breaks down
- 10 No Wager Spins for 5 Days Straight After Deposit
These spins are valid for 24 hours, with x35 wagering attached to the 100% up to £100 treat. Use the Professor’s casino bonus calculator after making a deposit to determine your obligations. Just make sure not to deposit via Skrill, Neteller or Paysafecard, as these are excluded from the offer!
Videoslots No Wagering Casino
Videoslots have been entertaining iGamers with a massive slots library since their inception, which includes one of the most popular games ever, Starburst. So what to do? Offer Starburst free spins, naturally!
- 11 Welcome Spins Wager Free on First Deposit
As you can see from Videoslots’ review card below, it’s not just welcome spins that your maiden payment will unlock. Up to £200 in bonus money is on the table, plus £10 in extra cash. These do arrive with x20 obligations, but Videoslots is generally one of the lowest wagering requirements casinos with the potential to keep what you win
Bethard No Wagering Casino
The Casino Professor’s final no wagering casino bonus is unique and interesting from Bethard. If you make a first deposit of £20, you will be given up to £50 in cash the more you keep wagering. It works like this:
- Get £5 as a No Wager Bonus for Every £100 Bet
You can’t deposit via Skrill or Neteller, and a max bet of either £10 per game round or £0.01 bet per line applies. However, unlike cashback which tends to only follow if you lose, you can win during your £100 betting and still net the additional fiver in cash.