You are in that moment where you just found this most amazing online casino with all your favourite games and the best casino bonus ever discovered on the internet! … you make your way to the T&C (terms and conditions) and start reading, only to discover that the wagering requirements are something out of this world and are almost impossible to reach with your planned initial deposit. The adrenaline rush you had went straight down the drain! ... and you tell to yourself … “f#@k me, this is ridiculous!!”
Do you know the feeling?!… While I truly wish you don’t, probably you do, same as I do!!
But do not worry, it happens to the best of us!
It is normal that casino players will check out a casino’s bonus before they register and then the amount of wagering required after that bonus in the terms and conditions section. If you do not do this, I suggest you start doing it straight away. What you can discover in those T&C can be mesmerising and overwhelming to say the least.
In case you are just starting in the world of online casinos and you are totally lost about what this wagering thing is all about, let us give you a quick briefing about what wagering is and why it used for.
What is wagering requirement?
At first it might be confusing to understand what wagering requirements are and what are they used for so let me explain how they work by practical examples.Imagine you sign up to a no deposit casino bonus and you are given €10 free cash with no deposit required and the wagering amount in the casino’s T&C is x50.
This would mean you have €10 straight away in your account to start playing with, however, this would not mean that you can withdraw the €10 straight away nor any additional winnings, at least until you have wagered x50 the amount given.
That means that you should multiply the €10 by 50 which would equal to €500. Therefore, you must play €500 in bets at the casino before you can cash out your winnings.
Why is wagering used?
In a nut shell, wagering requirements are there to protect the casino operator from being thrown out of business by players cashing out their free bonuses that where given to them by the casino as soon as they register or by their first deposit.Therefore, wagering will prevent players from getting any profit out from the bonus they acquired from the casino.
What is with the no wager requirements?
A good strategy some casinos are adapting lately is to completely remove the wagering requirements whilst having a clear and straight to the point bonus conditions for the player.
In fact, usually the casino will not make the bonus available for cash out, however, it will give you the opportunity to cash out any winnings you have made through their bonus offered. Pretty cool huh!?
Our friends at 7Red Casino, Vegas Casino and Nordic Slots have adapted a wager free bonus strategy that will literally requires no wagering at their casinos. Pretty much as explained above.
So yes, I think you should try to look for no wagering casinos as they have clear bonus conditions and the fact that you are not being restricted to withdraw your winnings is a nice feeling.
