Hello and welcome, dear player. In this section of our review, players will learn the meaning of the term “wagering requirements” and discover which online casinos in Canada offer the best bonuses with low wagering requirements. We will also show players how to find the best low wagering bonuses available in online casinos.
Top online casinos with low wagering requirements
This is the best time ever for players to take advantage of online casino bonuses. With recent regulatory pressure, online casinos are being more fair and transparent with their promotions. As a result, our team at casinosforcannada.com regularly finds more and more Canadian online casinos that offer awesome bonuses with lower, better wagering conditions, and in many cases, no wager requirements whatsoever! Canadian players can therefore play at these low wager online casinos and claim generous low wager bonuses.
What are low wager bonuses?
Low wager bonuses are bonus promotions that come with very low or few wagering requirements that a player can meet or fulfill in a short time, in order to be able to withdraw their bonus winnings. Wagering requirements are the conditions a player must meet in order to be able to withdraw any winnings which have been associated with a bonus promotion. Wagering requirements can also be defined as the number of times players need to play through any bonus cash (or winnings gained by using bonus cash) before they can withdraw this money from their account. If a player fails to meet any of the wagering requirements, the bonus money and winnings derived from the bonus, will be removed from the player’s account. Each casino has different rules, so it is always important to check out the terms and conditions before signing up for what may seem like a very good bonus.
Types of Low Wagering Casino Bonuses
The type of low wagering casino bonus that a player can get will depend on the online casino they are playing at. The most common types of low wagering bonuses include:
- Free Spins: This type of gambling bonus is applicable to slot games only, so you won’t be able to use them in other games like poker or blackjack. This bonus also gives you the chance to spin the reels in online casinos, with no deposit or play-through needed.
- Deposit bonus with no wagering requirements: This is a great type of bonus that players can receive whenever they make a deposit. Deposit real money in your account and receive a percentage of that amount in bonus money. You can get up to 5 times as much in the best low wager bonus casino deals.
- Other Offers: Players can receive casino bonuses with no wagering requirements if they wager enough money. Players can withdraw bonus money only after they win a certain amount. Often, they cannot withdraw winnings until they meet the play-through requirements.
How is 10x or 30x wagering calculated?
Wagering requirements vary at each online casino, so it is very important to read the terms and conditions of an online casino in order to fully understand what you are venturing into. Let’s look at an example to illustrate how wagering requirements work.
Wagering requirements are always represented as the number of times play through is required, and it is expressed as 10x, 30x, etc. A 10x wagering requirement means that you’ll have to wager a bonus 10 times over before you can withdraw any winnings won from it. For example, if you receive a $100 bonus with a 10x wagering requirement, you’ll have to wager a total of $1,000 ($100 x 10) before you can withdraw your winnings. Similarly, if your bonus has a 30x wagering requirement, you’ll have to wager a total of $3,000 ($100 x 30) before you can withdraw any winnings you acquired from the bonus.
Here are some examples: Dream Vegas Casino has a wagering requirement of 35x and Jackpot City has a wagering requirement of 50x. This means that for Dream Vegas, if you receive a $100 bonus with a 35x wagering requirement, you’ll have to wager a total of $3,500 ($100 x 35) before you can withdraw your winnings. For Jackpot City, if you receive a $100 bonus with a 50x wagering requirement, you’ll have to wager a total of $5,000 ($100 x 50) before you can withdraw your winnings.
Why choose a casino bonus with low wagering requirements?
You’d be amazed at how many players go for a bigger bonus with higher wagering requirements instead of a smaller one with lower wagering requirements. Experienced players would much rather have a $50 bonus with 10x wagering requirements than a $500 bonus with 40x wagering requirements.
We know we stand almost no chance of beating the second type, but with a little luck and a good strategy, we can beat the first type, so it is always advisable to go with a bonus with lower wagering requirements, even if that bonus is smaller in monetary value.
Low wagering bonuses are bonuses with wagering requirements below 20x. We’ve reviewed thousands of online casinos, and the average seems to be around 30x. More and more casinos are eliminating wagering requirements, but for now, anything below 20x is a fairly good deal. Some benefits include:
- The wagering requirement can be fulfilled in a short time.
- Once the wagering requirements are met, you can cash out your bonus winnings.
- You may unlock other bonuses if you fulfill your wagering requirements.
Top new casinos with low wagering requirements
Over the past few years, we’ve seen more and more new online casino sites pop up. You’d think that this would make many of these sites include higher wagering requirements so that they can keep up with all the competition. However, quite a few of the new online casinos have low wagering requirements or none at all. We welcome these casinos with pleasure and look forward to seeing more. Check out a list of some of our new low wagering casinos below:
Best casino bonus no wagering requirements
Casinos with no wagering requirements are becoming increasingly popular inCanada. They are emerging from the hyper-competitive online gambling market. As more players become aware of how difficult it can be to beat wagering requirements, they’re opting for bonuses with no wagering requirements.
In order to have access to bonuses with no requirements, a deposit is usually required, and there will almost always be a ceiling on the amount you can win. For example, you might only be able to withdraw a maximum of $1,000. That’s not bad, but you should still be aware of this before accepting a deal, so we advise you to read the terms and conditions carefully..
We strongly believe that casino bonuses with no requirements are the future. We predict that the bonuses will become smaller, but fewer players will feel cheated. Bonuses will ultimately be fairer, so this is good for online gambling.
Free spins with low wagering
Free spins are an excellent way to try out a new casino or game. When we do win, we want to know that our winnings are ours and can be withdrawn without complications. Most free spins come with heavy wagering terms, which means that any winnings from them need to be wagered over 40x, 50x and even 100x! For example, you would need to wager over $4,000 in order to withdraw a $100 win on free spins with a 40x wagering requirement.
Our team considers a low wagering requirement to be 20x and below. It’s not difficult to wager a bonus 20 times over, especially when you play online slots, as their payout percentages are usually in the region of 95%. So for every $100 wagered, you can theoretically expect to win back around $95, making your net loss only $5.
If you wish to have a fair wagering requirement, check out the low wagering free spins deals below. Remember that terms and conditions do apply, and although we’ve done our best to outline the main terms of each deal, it’s important that you check the terms and conditions on the casino’s website.
Low wager bonus on first deposit
Low wagering casinos offer free spins and casino bonus promotions with low wagering requirements on the first deposit that a player makes. These low wagering casino bonuses are rare, but incredible for real money play.
Low wagering slots
Most low wagering casino welcome bonus promotions are for slot games, as they are the most popular type of online casino game. When a player is offered low wagering welcome bonus offers, they frequently get to choose which low wagering slots they want to play.
How to beat wagering requirements
The best way to beat wagering requirements is to look for a bonus that comes with low wagering requirements, because you will stand a greater chance of keeping some of your winnings.
Another tip is to wager your bonus on the best paying games, or games with a high Return to Player percentage (RTP). If this is possible, then there is a chance you can win more while wagering your bonus.
FAQ
What is considered a low wagering requirement?
Typical low wagering requirements are 10x or 20x wagering requirements on the bonus.
What is considered a high wagering requirement?
A high wagering requirement is 35x above. The most frequent requirement you will see at different casinos comes in the form of a 50x wagering requirement on bonus spins on slot machine games.
What does low wagering actually mean?
When an online casino is described as ‘low wagering,’ it simply means that the wagering requirements at the online casino are relatively low compared to the platform.
Are there online casinos with no wagering requirements?
Yes, there are, and they are becoming more popular by the day. They are actually the best online casinos as you can cash out your winnings immediately after you win them.
Can I cash out bonus money?
Yes, but it is only possible for you to cash out bonus money after you have met the wagering requirements set.
How do I know if I have completed my wagering requirements?
Bonus funds that still need to be wagered are usually shown in your bonus balance. Once wagering is completed, you will see the remaining balance in your cash balance.
