Find No Wagering Casino Bonuses 2023

A wagering requirement, also called a playthrough requirement, is a rule associated with online casino bonuses. In the past, all bonuses came with a catch in the form of a wagering requirement. It is usually expressed as “30x bonus+deposit,” or “45x bonus,” or “60x free spin winnings” and so on.

The number specified can vary between 0 and 100 – it is set by the individual casino. If you win any money while playing with a casino bonus, the wagering requirement rule will be activated. It is a rule you have to fulfill if you want to legitimately withdraw your winnings from the casino.

It works like this – using a 20x wagering requirement on bonus as an example, imagine that you won $100 while playing with a $10 cash bonus. Before you can withdraw that $100, you have to use it to make further bets. The total value of these bets should be the bonus amount multiplied by 20x, which is $200 (20 x 10).

A wagering requirement has one purpose – reduce your chances of withdrawing any of your winnings. Casinos want this because bonus winnings mean a loss for their business. If more players get cash withdrawals from a bonus, the casino may go bankrupt!

A wagering requirement is a legitimate way to minimize the chance of huge losses. In the above example, you have to make bets worth $200 using the $100 winnings. Often, you will end up spending the entire $100 before you reach that requirement.

This works on an age-old principle in gambling – giving others a fair chance of winning back their money. For instance, if you win big in a round of poker, you are expected to play a few rounds so that others have a sporting chance of winning at least some of the money back (not in tournament poker). It also prevents players from abusing the bonus offers at the cost of the casino.

Lower wagering requirements, like 10x or 20x, are not too bad. They still give you a fair chance of having some cash leftover, especially if you have some luck while betting. But many casinos started offering bonuses with steeper and steeper wagering requirements.

Some of these can go as high as 60x or more. If you have a $100 bonus with another $100 deposit, the amount to be wagered would be an astronomical $12,000 ( 60 x 200 ). Higher multipliers like this leave you pretty much no chance of ever seeing any cash withdrawal if you use a bonus.

And even trying to fulfill that $12000 requirement can take a good while. Often, casinos have time limits on wagering – leaving players with little time to finish the wagering. If the time runs out, the winnings get voided.
Players often get into disputes with online casinos due to bonus terms, particularly wagering requirements. The situation became so bad, licensing authorities like the UK Gambling Commission were forced to intervene and warn casinos about unfair bonus offers.