Wagering Requirements: The Ugly Truth or a Necessity?
Some online casinos offer free Spins, welcome bonuses and No Deposit Bonuses that have no wagering requirement. These types of bonuses means there are no wagering requirements that must be fulfilled before you can withdraw your winnings.
Usually you have to play through the bonus a number of times before you can cash out your winnings for real money. When you take part of free spins or bonus with no wagering required, thats means you can withdraw your winnings direct without any requirements of wagering the winnings before you request a withdraw from the casino.
No Wagering Casino Bonuses
Money for nothing – is it possible to meet such a scenario in online casinos? Yes, it’s possible, but the number of those venues is indeed limited. Casino players are used to redeeming slot bonuses, free spins and other types of incentives at their chosen gaming sites, but the practice requires meeting a set of conditions which are known as wagering requirements. When bonuses are free from wagering, or rollover, requirements then we can safely call them wager free bonuses. Since bettors often see the wagering conditions as a hassle and a nuisance, which is understandable from their point of view, wager free bonuses are just the thing to regain their faith in online casino generosity.
Having to meet the wagering requirements of a casino bonus is something online bettors are used to. It is expected from a casino to impose certain conditions in order to give away a bonus, any kind of bonus – from free spins and deposit matches, to cashbacks and tournament prizes. These conditions or restrictions prevent the player to simply take the money and go. Free bonus money sound too good to be true, and that’s because it is. There is almost always a catch – a clause in the terms and conditions written in small print that explains the bonus winner can’t actually withdraw any bonus money and convert it into real cash before doing something or other. These conditions or restrictions were invented in an attempt to prevent the player from simply taking the money and go.
The players are left with little choice – either they follow the rules and try to meet the requirements to get to the bonus, or they renounce the bonus funds, free spins or items they were so happy to accept. For those unaware of how wagering requirements work, they are listed with all the other terms and conditions attached to every bonus deal. Through wagering, the casino makes the players bet the amount of the bonus and/or deposit a certain number of times before they can cash out any money that they were given. So if you see a wagering requirement of 20x, that means the bettor must play the bonus 20 times before making a withdrawal.
Wagering requirements exist for a reason; they aren’t a way for casinos to harass their customers. They actually help casinos stay in business and keep their customers. Rollover requirements were devised so that the money won by players is used on games and not as a part of ‘get rich quick’ schemes pulled by unethical players. It’s up to the players to weigh the pros and cons of every bonus and its wagering requirements and accept those that will bring them benefit, while declining the ones with unreasonable wagering requirements.
No Wager Casinos
Believe it or not, there are casino sites on the web that nurture a ‘wager free’ policy when it comes to their bonuses. Although the need for wagering requirements is understandable, every player craves for then to disappear. With them, the need to calculate stakes and turnovers disappears as well, just like the need to spend, time, effort and funds to beat the clock and fulfil the conditions on time.
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