Top 5 Low Wagering Casinos
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What Are Wagering Requirements?
Firstly, you’re probably wondering what wagering requirements are. Well, they’re basically the number of times you need to wager something before you can withdraw winnings. Most bonuses available at online casinos have wagering attached to them and you’ll need to complete them before you can withdraw the bonus funds or associated winnings.
When online casinos first launched, they suffered a loss as some people signed up, claimed the bonus funds and other promotions and left after withdrawing the money as soon as they could. Wagering requirements are a way for casinos to stop themselves from being abused this way and it helps keep bonuses fair between the player and casino, as long as the wagering requirements aren’t too high of course.
Wagering requirements usually involve you having to wager your bonus funds or winning from bonus spins a certain amount of times. However, some casinos may ask you to wager the bonus funds and your initial deposit combined before you can successfully withdraw something. If a casino does this, you may notice it reads as “25x bonus and deposit” in their terms and conditions. While this may look low at first glance, it actually isn’t because you’re required to wager your bonus funds and your deposit 25x each before you can withdraw anything, which can add up to a lot.
For example, if you claim a 100% match bonus of up to £200 with a wagering requirement of 35x your bonus, you’ll have to wager your funds of £200 37 times. This means you’ll have to place £7,000 worth of wagers to clear the bonus. Is all that worth it for a bonus of £200?
It’s important to read through the wagering requirements when claiming a promotion or bonus so you know exactly what you must do before you can withdraw winnings. After browsing around, you may spot some exciting bonuses but on closer inspection, their large wagering requirement can be off-putting and cost you more in the long-term.
So it’s no wonder people are searching for low wagering casinos, you can claim great bonuses and spend less completing the wagering requirement!
How Does Wagering Work?
Wagering requirements basically begin the second you deposit and claim a bonus. Once you’ve claimed a bonus or promotion you’re going to need to fulfil the wagering requirements before any winnings can be withdrawn.
To do this, you’ll just need to load up a casino game that contributes to your wagering requirement and play it. Depending on the contribution percentage, every wager you place should be deducted from your wagering requirement and you’ll eventually complete the requirement and will have the option to withdraw your winnings.
However, you may find that you’ve actually used up all of your bonus money when trying to complete the requirements at online casinos with high wagering. But you don’t need to worry, you can simply deposit again and continue playing.
What Is A Low Wagering Casino?
Most casinos carry a wagering requirement of 40x but it’s also common to find casinos that have wagering requirements of 50x and 60x. Generally speaking, most online casinos don’t go over 60x wagering and anything below 40x and 30x can be seen as low wagering.
While it’s rare that a casino will go over a 60x wagering requirement, it has happened. Back in November 2018, a user named brianmon from the CasinoMeister forum received a promotional message from Ikibu casino, announcing a brand new offer with a 90x bonus wagering restriction with a maximum win too.
An important thing to remember is that while low wagering casino may be great for featuring smaller wagering requirements, they often don’t offer the huge bonuses you see at other online casinos. But what’s the point of going for a huge bonus if you spend it all by trying to fulfil the wagering?
While the smaller bonuses may be somewhat disappointing for some players, there are actually several benefits to playing at low wagering casinos.
The Benefits Of Low Wagering Casinos
You might be wondering now why low wagering casinos are so good. Well, there are actually several benefits to them. The most important is that you’re actually far more likely to get a better deal with a low wagering casino when it comes to bonuses than you are with a regular casino.
This is because less money is required to complete wagering, which means you’re more likely to have money by the time you can withdraw because you don’t need to wager as much compared to casinos that have higher wagering requirements.
In addition to this, you’re much more likely to fulfil a low wagering requirement before the bonus expires compared to a larger requirement, allowing you to actually be able to withdraw whatever you have left in winnings.
Low Wagering Casinos
Party Casino is an online casino that opened back in 1997 before its 2006 re-launch. The website, which is owned by ElectraWorks Limited Casinos, possesses a valid license from the UK Gambling Commission (License #39011) and we’ve praised it for its mobile-friendliness, selection of games and fast payouts in our review.
The popular online casino offers new users a welcome bonus consisting of 50 free spins on Starburst. All you need to do to claim the bonus is make a minimum deposit of £10 with Party Casino promo code WELCOMEBONUS. The winnings on the spins need to be wagered just 10x, which is extremely low compared to so many other online casinos.
Grosvenor Casino is a chain of real-life casinos that have been around since the 1970s. The brand has since made its way online and has become incredibly popular due to its bonuses and low wagering requirements. In our review, we’ve praised Grosvenor Casino for its great selection of slots, live casino games and customer support.
Meanwhile, Grosvenor online casino offers new users a £20 welcome bonus which needs to be wagered only 5x! This is the lowest wagering requirements we’ve ever seen at an online casino and while the bonus funds itself may not be much, the site gives you a chance to keep all of it due to the low wagering.
Jackpot Jones is an online casino that launched back in 2018 but has yet to be review by our team of casino specialists. Owned by Nektan, the website possesses a valid license from the UK Gambling Commission (License #39107) and offers a wide range of casino games and promotions.
Like other online casinos, Jackpot Jones offers new customers a generous welcome bonus of up to 250 bonus spins on Gonzo’s Quest, Starburst, Asgardian Stones or Jumanji. What’s better is winnings from the spins only needs to be wagered through 1x, making it much easier for you to claim your entire winnings.
Trada Casino is an online casino that launched back in 2011. The website, which is owned by Trada Games (Jersey) Limited, possesses a valid license from the UK Gambling Commission (License #49504) and in our review was praised for offering a huge collection of games, accepting a variety of payment option and offering regular promotions and bonuses.
The popular website offers new users a generous welcome bonus of 100 spins on Green Rhino for depositing a minimum of £10 or more. Winnings from the spins must be wagered 20x before anything can be withdrawn, which is incredibly low compared to other sites!
When trying to complete the wagering requirement connected to your bonus, you may find that certain games either contribute little or nothing to your requirement, and that’s completely right. Casino games contribute differently towards your requirement, so it’s important to read through the terms and conditions to find out which games work best.
The reason this happens is because the higher the RTP% (Return to Player) is, the less it will contribute towards your wagering requirement. Video slots generally contribute 100% towards wagering requirements unless they have an RTP higher than 97%.
In fact, slots with a high RTP% and table games like baccarat, roulette and blackjack may actually contribute as little as 10% to the overall requirement, making it harder to fully complete it.
This means you may need to play games you don’t like or otherwise wouldn’t play just to get through the wagering requirement. As mentioned above, playing at a low wagering casino means you’ll be able to clear the bonus quicker than at other casinos, restricting the time you’d have had to play on a game you didn’t enjoy.
Along with contributions, some casinos impose a wagering limit when users are playing with bonus money or spins. The restriction can either be a percentage of the original bonus amount (Like 10-15% of the bonus) or it can be a fixed sum of something like £4.
This can dramatically increase the time it takes to fulfil the wagering requirement, particularly if you only have several days before the bonus expires. While low wagering casinos also have maximum bets, the overall wagering requirement will be lower so you’ll be able to clear the bonus faster.
In addition to the maximum bet, several online casinos impose a maximum win to stop users from taking home too much money. This normally only applies to no deposit bonuses and bonus spins, but you can still catch them elsewhere. Basically, a maximum win stops you from withdrawing a certain amount. For example, if you win £200 but the maximum win is £100, you forfeit £100 of your winnings.
The last thing you need to worry about is the time limit casinos set on their bonuses. Most casino bonuses expire within a certain time frame, either within 24-48 hours for bonus spins to 7, 14 or even 30 days for bonus funds. Players are required to complete their wagering requirements before the bonus expires or risk losing their winnings.
No Wagering Casinos
Some people dislike how claiming bonuses restricts you to betting a maximum amount, playing within a certain time limit and playing on specified games. This is why it’s becoming increasingly common for people to turn away welcome bonuses and sometimes other promotions. However, there are a few online casinos that provide players with bonuses and promotions that do NOT need to be wagered at all. Find out more below.
BGO is an online casino that first launched in 2012 and has made a name for itself since then. Owned by BGO Entertainment Limited, the website possesses a valid license from the UK Gambling Commission (License #39533) and we’ve praised it for its collection of bingo and casino games, excellent customer support and promotions with no wagering requirements.
That’s it. Some of the promotions available at BGO Casino do not have wagering requirements which means you’re free to use them how you like. For example, BGO rewards new users with 10 free spins on Fishin’ Frenzy, Eye Of Horus, Slots O’ Gold or Diamond Jackpots. While they expire after three days of being credited to your account, the winnings do not need to be wagered and are credited to your account directly. Fantastic!
Volt Casino is an online casino that launched in 2018. Owned by Fair Play Bets Limited, the website possesses a valid license from the UK Gambling Commission (License #49168) and we’ve praised it for its catalogue of casino games, excellent customer support and providing users with a mobile-friendly experience. In addition, we highlight Volt Casino’s rewards program where users collect Volt Points and exchange them for bonuses and free spins.
The website offers users a welcome bonus of up to £120 spins and 12,000 Volt Points for making a minimum deposit of £20 or more. The welcome bonus must be claimed within 35 days of registering and the spins must be used within seven days of being credited. However, winnings from the spins do not need to be wagered, which is great.
PlayOJO is an online casino that launched back in 2017 and has become hugely popular. Owned by Skill On Net Limited, the site possesses a valid license from the UK Gambling Commission (License #39326) and has been praised for its fun and unique layout, collection of games and exciting bonuses and promotions.
The popular website rewards new players with up to £50 free spins! You’ll receive 1 free spin, valued at £0.10, for every £1 you deposit at the site and they’re completely wager free! This means all winnings are credited to your account immediately as cash!
We hope that you now understand that bigger bonuses don’t necessarily mean more money. In fact, you’re much more likely to have more money when playing at low wagering casinos or no wagering casinos like the ones mentioned above. Whether you decide to try out one of those casinos or continue playing with the bigger bonuses, we urge you to read through the terms and conditions so you know what the wagering requirements are along with the contributing games, time limit and maximum bets and wins.
At the end of the day, gambling is supposed to be fun and you don’t want to be stressed out that you’re going to lose your winnings because you couldn’t fulfil the wagering requirements in time.