Everything You Need to Know about Low Wagering Casinos
It’s safe to say every online casino player wants to find the best value possible when comparing bonus offers. When weighing up your options, it’s all too easy to make the mistake of only looking at the value of the bonus offered. What many players often forget is that online wagering requirements can make or break a casino bonus. A lower wagering requirement could give you a much better chance of getting your hands on your bonus winnings – but this doesn’t make them the best deal for every single player out there. Wondering if it’s a perfect match for you? Let’s find out as we take you through the ins and outs of low wagering bonuses.
Before we get into what makes a good low wagering bonus, let’s run through the basics first. The majority of casino bonuses come coupled with a wagering requirement, sometimes referred to as the playthrough requirement. This is the amount of money you need to wager before any winnings can be withdrawn from the bonus.
Here’s an example to explain how wagering requirements work:
- In this instance, let’s say you’ve grabbed a 100 percent matched deposit bonus with a 40x wagering requirement
- Once you’ve made your initial deposit of £200, you’ll receive a £200 bonus from the casino
- To meet the wagering requirement, you’ll need to wager that £200 bonus 30 times. This means placing £6000 worth of wagers.
In this example, the value of the bonus alone may be extremely enticing, however upon closer inspection, the wagering requirement makes this a bonus more suitable for high rollers and regular players. If you’re an infrequent player or on a tight budget, it’s highly unlikely that you’ll meet the 40x wagering requirement on a £200 bonus. Instead, you’d be better off claiming a smaller bonus with lower wagering requirements.
The same goes for wagering requirements on a free spins bonus, you’ll simply need to wager the amount you’ve won from your bonus spins a certain number of times.
What is Classed as a Low Wagering Bonus?
So, what level of online wagering requirements should you be seeking out, if you’re after lower than average? The industry standard falls at around 40x, but you’ll find wagering requirement as large as 50x or 60x, too. Anything that falls below this industry standard can be deemed as a low wagering bonus.
Are Low Wagering Casino Bonuses the Best Type of Bonus?
It’s easy to assume that low wagering casinos are head and shoulders above their counterparts with higher wagering requirements, but that’s not always the case. Each player has their own unique individual needs and play style, so there isn’t a universal best casino bonus.
The majority of low wagering bonuses will offer a modest bonus that doesn’t hit the heights of those huge matched deposits. Expect to find low wagering bonuses max out at around the £100 mark. Offering bonuses bigger than this would put casino operators at a much greater risk of paying out large amounts – they’re designed to make money, after all. These bonuses are a great deal for players looking for an easier route to withdrawing their bonus winnings. However, a player with a big bankroll and plenty of time to spare on gambling sites might prefer a larger bonus value, despite the more demanding wagering requirement that likely comes paired with it.
So if you’re looking for a bonus deal that requires less wagering, lower stakes and has a shorter clearing time, a low wagering bonus is your best bet.