What are Wagering Requirements?
Posted in Casino Reviews, Guides May 8, 2017

What are Wagering Requirements and Which are the Best Online Casinos Without Wagering Requirements?

Online casinos without wagering requirements exist and profit greatly, considering that some of them are industry leaders. They are rare as the gambling world revolves around the principle that ‘the house always wins’. These operators take extra risks and use some special tricks to ensure they keep winning even without imposing this type of restrictions on players. If you want to enjoy your time spent in online casinos fully, you’ll need to understand how wagering requirements work and what they do – for both the player and the casino.

Online Casinos Without Wagering Requirements – Are They the Best?

Many first time players focus on looking for online casinos that don’t have wagering requirements as they believe those to be most profitable for them. However, the truth is actually a bit more complicated. First of all, wagering requirements offered by different gambling portals vary greatly. They range as far as 1x to 80x, depending on the game you’re playing, and what operator you prefer.

It’s very important to understand that these requirements are usually attached only to some games and mainly casino bonuses. In most cases, a wagering requirement is attached to a casino bonus. This means that even the same casino might change the numbers depending on the offer. You should always read the Terms & Conditions of all bonuses and promotions carefully to make sure you understand exactly how to benefit from them.

The reason why wagering requirements are attached to these offers is that they mitigate the risks the casino takes when it gives you a chance to score a big win. Every Free spin for a player is a loss for the house, and online gambling is as much of a business as any other. However, the stakes in this industry are extremely high as people get a chance to win millions and several consecutive wins can put an un-savvy casino under very fast.

Therefore, wagering requirements help the business maintain a sound balance. The company gets to make attractive offers that get players interested and the chance of them winning remains. At the same time, the house is sure to make some profit from repeated bets people have to make in order to meet the wagering requirements.

As the majority of regular players spend quite a lot of time on the sites, they would bet anyway. Considering this, a bonus is indeed a great opportunity, regardless of any wagering requirements attached. However, one has to admit that these offers tend to motivate people to play more aggressively to take full advantage of the deal.

Offers with wagering requirements are mostly used to:

  • Attract new players
  • Celebrate some holiday
  • Boost customer loyalty with exclusive bonuses
  • Introduce new games

In essence, the practice of setting wagering requirements in an online casino exists to bust the myth that one can become a millionaire by making a single small bet. Although there are some documented cases of incredible wins, these cases are extremely rare. Most players should know to treat online gambling as a type of entertainment that has an extra thrill of providing financial reward. When you look at the situation this way, you’ll see that wagering requirements aren’t some kind of ‘great conspiracy’. They are a necessity of the business and when used by trusted providers, they don’t reduce the joy you get from the game.

Online casinos without wagering requirements take greater risks. Therefore, they make fewer rewarding offers. They might also have some other way to motivate players invest more time and money into gambling. For example, the no-wagering rule can be attached only to very limited bonuses or work only for a few games. The player might also need to meet some special requirements set by the casino in order to be eligible for the bonus.

All these details must be explained in the Terms & Conditions of the offer.

What is a Wagering Requirement and How Does it Work?

Simply put, wagering requirements prevent you from withdrawing bonus money immediately. The wagering requirements are the total amount that needs to be wagered before you are able to cash in any winnings made playing with a bonus or Free spins. For example, if the bonus amount is $10 and the wager is 45x, you’ll have to play $10 – 45 times before you can withdraw this amount.

Note that most bonus offers are active only for a limited time, so you must do all the required wagering quite fast. The vast majority of online casinos attach a wagering requirement to their Welcome Bonus. It’s definitely a smart move as it allows the player to use more money and explore more games. Not being able to withdraw the money ‘gifted’ as a welcome comes second to the opportunity to enjoy more games.

The Five Best Online Casinos Without Wagering Requirements

ViggoSlots Casino

ViggoSlots Casino offers 400+ games from major developers, including Microgaming and NetEnt. This website can provide you with a comprehensive casino experience as here you can play all-time classics along with the most popular modern slots.

The no wagering requirements rule means that you get to make the most from the generous 100% match bonus you are offered upon joining the small army of ViggoSlots fans. To sweeten the deal, the casino guarantees quick withdrawals. However, you shouldn’t forget that the actual speed of transactions depends on the banking provider of your choice.

ViggoSlots Casino is all about delivering top-quality customer service, and that’s exactly what you’ll get here. The website’s design is very simple and intuitive, so even a beginner can understand how to use it right away. Unfortunately, Live Support service isn’t available 24/7. However, the casino’s dedication to resolving all issues as quickly and efficiently as possible has earned them a high rating among players even despite this minor setback.

VegasCasino

VegasCasino is a perfect place for you if you are looking for a genuine Las Vegas style entertainment online. The website’s graphic is incredible and helps you immerse into the atmosphere of joy and all-night celebration unique to Nevada’s gambling parlors.

This casino has a great reputation, an over 98% payout rate, and some of the most attractive bonus offers in the industry. There are over 260 games on offer, including all of the most popular NetEnt and BetSoft titles. The abundance of progressive jackpots combined with the no wagering requirements Welcome Bonus offer gives every beginner a fair chance to win big time.

Kaboo Casino

Kaboo Casino grabs a player’s attention from the moment the website loads. It’s done beautifully and 700+ games are sure to keep your attention. You can preview all of them to pick which interests you most.

This casino is designed with maximum entertainment in mind. The visual effects accompanying your journey through the website are mesmerizing, so it’s no wonder that they don’t have a wagering requirement. People are sure to keep playing here without any extra incentives beyond the top-notch quality of games and fantastic graphics. The abundance of banking options and quick payouts seal the deal.

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Kaboo Casino

Kaboo Casino is a great online casino, which adds an element of gamification to the way in which people play – therefore meaning even more fun during your time at the site. It’s gorgeous to look at and the games are plentiful. Why don't you try the Welcome Bonus package worth up to €300 + 5 Relics?

7Red Casino

7Red Casino is an online casino designed in the classic Las Vegas style. It offers a wide range of games powered by Yggdrasil, NetEnt, and Betsoft. The wager-free Welcome Bonus allows you to get started with a good balance and the casino is so interesting and fun, you’ll not want to leave. Aside from numerous top-quality games, 7Red Casino offers reliable customer support service and quick financial transactions.

RedSlots Casino

RedSlots Casino is the place you should go to for BetSoft slot games. There are some other slots on the website as well, so you can have fun exploring them. The casino’s Welcome Bonus of $250 match for your initial deposit and no wagering requirements definitely make RedSlots one of the best places to start your gambling career. Top-slots at the casino offer progressive jackpots that reach huge amounts.

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