How Free Spins Wagering Requirements Work in Casinos
It isn't a secret that a vast majority of bonus offers come with special terms known as wagering requirements that players must meet to withdraw winnings later. It is important to remember that these requirements may vary depending on the type of bonus. One of the most popular casino special offers appreciated by players is free spins.
Many players take advantage of the opportunity to spin the reels of real-money slots using bonus spins and often wonder why they can't withdraw their winnings afterward. This is the reason to clarify the peculiarities of free spins wagering requirements, and you can do that now!
What Wagering Requirements Are
Wagering requirements are a set of conditions or terms applied to a promotional offer that dictate how a player must spend winnings received with the help of this casino offer. For example, when a player receives a bonus of $10 from a casino, and they should wager it 30x times, it means this person should spend $300 more on gambling in the casino to withdraw this bonus. The wagering requirement is calculated in the following way:
Bonus funds ($10) * Wagering requirement (30x) = 10*30 = 300
These requirements are not only about playing through your bonus funds or winning amounts. They also set restrictions on the time when you should place bets and on the minimum and maximum bet sizes. Some terms also specify the winning cap and limit the selection of games where you can wager your bonus funds.
How Wagering Requirements Work in Free Spins Bonuses
When it comes to free spins, there is no initial bonus amount given to a player. Gamblers are offered a limited number of free spins on popular or specific slot machines they can use to win real money. Some platforms allow players to use free spins no deposit to win real money, but most sites require you to make a deposit with a specific amount of money to get this bonus. However, in each case, they get spins, not bonus funds.
Therefore, wagering requirements are a little different. You should wager the amount you have won with the help of these bonus spins instead of bonus money. If you win $50 and need to wager them 30x times, the total amount of bets in an online casino should be $1,500.
Winnings ($50) * Wagering requirement (30x) = 50 * 30 = 1500
Examples of Wagering Requirements in Popular Casinos
Are there casinos that don't impose wagering requirements? You may come across such gambling platforms, but they make up less than 1% of the total number. Therefore, reading these terms is a must before you start playing at an online casino.
The average wagering requirements range from 30x to 50x, but some online casinos may significantly reduce them to as low as 5x or 10x. For example, Vulkan Vegas offers a combined welcome bonus that includes not only a cash match but also 70 free spins for the first deposit, plus 30 and 50 free spins for the second and third deposits, respectively, for specific games. The wagering requirements are 40x.
Slots Vegas, another popular gambling platform, has accompanied its welcome bonus of a 250% match with 50 free spins to play the top slots if you make a deposit from $30. The playthrough is only 5x, and there is no maximum withdrawal limit either.
Best Casinos with Reasonable Wagering Requirements
It may be challenging to find casinos where wagering requirements don't oblige you to spend hundreds or even thousands of dollars for your bonus use. Luckily, according to inclave.casino, there are platforms that allow players to withdraw funds if they meet rather simple bonus terms.
Vulkan Vegas
Vulkan Vegas is one of the best gambling platforms, with over 2,000 games and a lucrative welcome bonus offer of 120% match up to €500 plus 70 free spins. Players can choose from many different promotions and never doubt the security of gambling guaranteed by a Curaçao license and eCOGRA certification. The casino was founded in 2012 and has a very good reputation among players worldwide.
Pros
- Downloadable Android mobile app
- Abundance of payment methods
- 24/7 support assistance
- Regulated by the government of Cyprus
- High security level and data encryption
- Impressive loyalty program with reload bonuses and cashback
- Games from the world's leading software providers
- Cons
- No iOS mobile app
- Slow withdrawing process
- Lengthy verification process
Wild Vegas
Wild Vegas is an online casino from the Virtual Casino Group. It was established in 2004 and is available in English and several other languages. The casino holds a Costa Rica license and offers bonuses without wagering requirements, which is a rarity. Players who visit this casino regularly can make lists of favorite games and win an impressive jackpot.
Pros
- Supports both fiat and crypto payments
- Live chat support is available 24/7
- Impressive welcome bonus of 250% match
- Downloadable software client
- Rewarding loyalty program
Cons
- Low withdrawal limits
- Games only from RTG provider
- Mobile app is absent
- No live dealer games
Slots of Vegas
Slots of Vegas is an online casino licensed in Costa Rica that offers players first-class service and impressive promotions with minimal wagering requirements or even without them. The casino offers over 100 casino games from the RTG software provider and a rewarding loyalty program with many great benefits. The casino is available in English and accepts USD. Launched in 2004, it is still popular and appreciated by gamblers worldwide.
Pros
- Appealing VIP program
- Android and iOS app
- Professional round-the-clock support
- Generous bonuses
- Games are tested by Technical Systems Testing
- Strict security regulations
Cons
- Accepts players of 21 years and more
- Limited banking options
- Low cashout limits
Conclusion
Free spins bonuses are among the most appreciated types of special offers by players, so it is natural that gamblers want to utilize them and minimize adjusted expenses. One of the ways to do that is to read wagering requirements carefully and look for offers with more favorable terms. In this case, you will be able to enjoy a bonus and cash out winnings without spending a fortune from your personal budget.
FAQ
Are Wagering Requirements Applied to Free Spins Bonus All the Time?
There are casinos that may offer up to 30 free spins without any terms for players, but these are mostly exceptions to the rule.
How Can I Check Free Spins Wagering Requirements?
You need to wager the amount of money you have won using free spins for a specific number of times indicated in the wagering conditions.
How Much Time Do You Have to Spend Free Spins Given as a Bonus?
This time period is usually specified in bonus terms and doesn't exceed 30 days on average. Sometimes, it can be as short as 7 days.
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