The words ‘bonus’ and ‘promotion’ are usually exciting terms in online casino circles. Most casinos will offer some sort of promotion, which is designed to draw players into its domain. Matching your deposit or giving you free spins on pokies is a regular occurrence online and can work well to increase your playing credits.
Once you’ve been around the block a few times, you will begin to notice that bonuses aren’t all as easy to win with as you may have previously thought. One of the biggest drawbacks preventing you from cleaning up on wins is the wagering requirements involved in most offers. While most players are aware that there are wagering requirements before claiming bonuses, it really doesn’t make it any easier on you when you are faced with having to satisfy them before you can draw any type of reward.
If you find yourself in this predicament quite often and wish there was a way around playthrough terms, then you’re in luck, as there are a number of premium casino brands that offer both low and no wagering bonuses to their players now.
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Be sure to check in with CasinoKiwi for the latest and best Low and No Wagering Deals to hit the market. We always have our eyes on the market for our Kiwis!
Why does Wagering Exist?
In early online casino history, casinos offered free bonuses to players to win them over and get them playing on their sites. These were genuinely free and came with no real strings attached, aside from the fact that you had to register a player account with the casino.
It wasn’t long and people began abusing the good intentions of the casino by claiming the bonuses and blowing them quickly on high stakes games, taking their wins, and then disappearing without returning or losing everything in seconds and then leaving the site anyway. This had a big impact on casino revenues as no business can operate like that.
Wagering requirements (also known as playthrough requirements) were developed in the industry to curb this abuse. Players still get the bonus funds or free spins to use on casino games, but casinos get the exposure they want at the same time. The problem is some casinos have gone overboard and have made wagering requirements too high.
How does Wagering Work?
Wagering is the number of times you need to bet your bonus amount before you can draw wins from it. For instance, if you received a $100 bonus from a casino with a 60x wagering requirement on it, you would have to wager $6,000 (100x60) before being able to claim any wins. This ensures that players don’t jump ship and actually take the time to play on the site.
Low and No Wagering Bonuses
Casinos know some players are frustrated with high wagering restrictions and offer promotions with either low wagering requirements or no wagering requirements at all. With No Wagering, you can claim the wins you make straight after playing the funds. This seems very fair, but the offers come with both pros and cons.
Pros:
- Less Fuss: Playing through fewer requirements means that you can get to withdraw your wins far quicker.
- More Affordable: Some low wagering offers are combined with low deposit requirements and free spins. This makes it easier for first time players to break into the market without spending high amounts right off the bat.
Cons:
- Lower Rewards: The lower the wagering requirements, the lower the rewards may be on the offer. There may even be a restriction on the amount of money you can withdraw.
- Strict Limitations: Because the wagering is lower, some of the other terms and conditions may be higher. Read our section on the Checklist for Validating Deals.
Checklist for Validating Deals
At CasinoKiwi we are all about protecting our players from the wiles of the industry. While some deals can present as good offers with low to no wagering, you should check other terms and conditions in the bonus policy to make sure that you are on-track for a fair and pleasurable experience.
- Min Deposit: Most bonuses come with a minimum deposit clause. You may find the odd offer with no deposit terms, but these will have restrictive win limits.
- Max Bet: All bonuses will have a policy on the maximum bet allowed per spin or game round. This will restrict the maximum wins you can make in any given game round.
- Max Withdrawal: Be aware of the max win you are allowed to withdraw from a low wagering or no wagering bonus. They are usually more restricting than high wagering offers.
- Game Restrictions: Make sure you read what games you can play with the offer. Low Wagering offers are often tied to only a small selection of games on the casino site.
- Bonus + Deposit: You may think you are getting a great deal at a casino with a 100% at 30x wagering requirements, only to find out that the requirement is imposed upon your deposit and bonus amount, and not only your bonus amount. This will essentially be the same as wagering 60x your bonus at another casino. The fairest low wagering casinos will provide the playthrough requirement on the bonus alone.
5 Top Casinos for Low and No Wagering
While some casinos may offer low wagering on the odd deal here and there, here are five casinos that do it frequently.
- PlayOJO Casino: Kiwis can spin the bonus wheel and claim a bonus at PlayOJO without having to worry about wagering requirements, ever! They pride themselves as ‘The Fair Casino’ and never require playthrough on any of their offers.
- Leo Vegas Casino: Leo Vegas is one of the bigger and more popular casino brands around. They have earned a good reputation in the marketplace and frequently offer some great deals.
- Sky Vegas Casino: This British owned operation prides itself on its genuinely free offers. At the time of writing the Welcome offer is 50 Seriously Free Spins (no wagering attached).
- Casumo Casino: Casumo is a juggernaut in the industry but gets by on a standard 30x wagering requirement on their Welcome Offers.
- Trada Casino: MGA licensed Trada Casino often provide Match bonuses with a low wagering requirement of only 25x your bonus.