Why Should You Avoid Wagering Requirement?

Online gambling market has become highly competitive. It is necessary to attract more and more new players which is why they offer free spins, welcome bonuses, and jackpot triggers. However, nothing is simple. There ain’t no such thing as a free lunch.

Many bonuses have very specific terms and conditions which you need to follow. One such category is wagering requirements.

What Are Wagering Requirements?

Wagering requirements are the amount of money you must stake before you can withdraw your winnings. A number and the symbol x represent wagering requirements. You must have noticed casinos having 30x, 35x or similar wager requirements before you can cash out your bonus or pay out money. These numbers mean you have to bet your wager as many times, for example, 30 times, before you can put in a withdrawal request. In short, in exchange for bonus money, the casinos make you bet a certain minimum amount.

no wagering requirement

Why Do Have Them?

Though mean for entertainment, online casinos are still a business unit, and they need to make money – especially if they are a publicly traded company like Leo Vegas. In this cut-throat competition, online casinos need new players. Casinos attract players with offer bonuses and other incentives. But to make these commercially viable players need to bet frequently and wagering requirements force players to bet.

What Contributes to Wagering Requirements?

Each game type has a different wagering requirement. For example, if you received a bonus of £10 with a 5x wagering requirement, you need to bet £50 in total. Notably, the contribution of different games towards the bonus wagering is different. So if you are playing blackjack and the percentage contribution of the game is 20%, and you should wager £50 only £10  contributes towards the bonus wager. To complete the wagering requirement for blackjack bonus, you will need to stake £250.

No Wagering Requirement

There are some online casinos with absolutely no wagering requirements.

Playojo

Ojo is one of the online casinos that do not have any wagering requirements. Whatever winnings you make are paid in cash without any restrictions and any maximum winning limit.

BGO Casino

The other casino to offer a no wagering requirement win is BGO. They reward you for playing more, and you get to keep all the rewards you get. No fine prints, no terms on your bonuses and free spins. You can play anything from their huge selection of games and keep all the money you make.

Guts

Guts casino has a huge welcome bonus of 100% on your first deposit, 50% on second, 25% on third and 200% on fourth deposit. Above that, you get 25 free spins. All these bonuses and free spins are wager free.

There are genuine casinos with wagering requirements that offer fanastic bonuses, however remember to read the fine print before you stake your hard earned money.

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