Low Wagering Casinos
Best Low Wagering Casinos
If you’re in the market for a valuable casino bonus, you need to start thinking about low wagering casinos.
Wagering requirements are special conditions attached to casino bonuses. If they are nice and low, it means you have a fair chance of winning money off your bonus. If they are too high, it means the casino is taking steps to prevent you from claiming a truly valuable bonus.
Below, you can find our list of the very best low wagering casinos on the internet. We only recommend sites that we have personally tested out, which meet the high standards of our team of experts.
At Betspin.com we put player safety and security first. While we do accept a commission from partners which may affect brand positioning, we are dedicated to only working with trustworthy and reliable operators. All our reviews are written and rated independently of the paying partner and we reserve the right to decline commissions from operators who do not meet our standards. Our list of top live casinos is not comprehensive of every casino operating in the market but is updated continuously with the best and newest brands.
If it’s on our list, it means the site scores highly across the board. Low wagering is important, but so are things like security, banking methods, customer support, software and gaming variety.
Choosing a low wagering casino is essential to getting the most out of your bonuses, and we’re going to why right here. Our full guide includes:
The truth is that not everyone is aware of the importance of low wagering casinos. In fact, it’s probably the number one mistake beginners make when they look for a casino bonus.
Thanks to this guide, you’ll never have to worry about that again.
We only recommend sites that have them all.
What Are Low Wagering Casinos?
In a nutshell, low wagering casinos are online casinos and betting sites that have favorable wagering requirements associated with their bonuses.
Practically every casino uses bonuses and promotions to attract new users – most notably welcome bonuses – and these promos come with certain conditions attached so that the casino can’t be taken advantage of. The most important of these conditions are the wagering requirements.
Chances are you’ve seen a casino advertise a promotion with something like:
“Deposit $100 and Receive an Extra $100 Absolutely Free!”
But in reality, it’s not quite as simple as that.
If it were, you could just deposit your $100 and immediately withdraw $200 – and the casino wouldn’t stay in business very long. Despite what their flashy headlines claim, casinos are not in the business of giving away money for free
Instead, they protect themselves with wagering requirements.
How do Wagering Requirements Work?
Wagering requirements refer to the number of times you must gamble with some bonus cash before it can be withdrawn. They are also known as turnover or playthrough requirements.
For example, let’s say you deposit $50 and receive $50 in bonus cash with 30x wagering requirements.
That means before you are able to withdraw any of your bonus cash, you will need to place bets worth a total of $1,500 ($50 x 30). You don’t need to win all of those bets, and you don’t need to hit a certain threshold in your bankroll to unlock the cash – you just need to gamble that amount of money.
It’s important to note that sometimes the wagering requirements are applied to the bonus cash only (as in the above example), and sometimes to the bonus cash + the value of your deposit.
Taking the same example with those rules, you would need to bet a total of $3,000 ($100 x 30).
This represents a significant difference in the value of your bonus, and the best low wagering casinos only count bonus cash in wagering requirements.
Once you’ve the required amount, whatever money is left of your bonus (whether higher or lower than the original amount) becomes normal cash that you can withdraw.
$1,500 might seem like a daunting sum to have to gamble to unlock a $50 bonus, but in fact it’s not as difficult as it sounds. That’s because the nature of casino games means you are constantly winning and losing.
You could start playing with your $50 and after a couple of hours of fluctuation you’re down to $45 – but you might have cleared $300 of the turnover in that time.
Wagering requirements vary a lot across different casinos, and can be anywhere between 10x-100x.
From the casinos point of view, wagering requirements ensure that people are actually signing up to play casino games rather than trying to get free cash. Reasonable wagering requirements mean players have a fair shot at winning money, without taking advantage of the casino.
Weighted contributions are an important concept in understanding wagering requirements. Basically, it refers to the idea that some types of games carry more weight in the wagering requirements than others.
This is because some games or activities are more valuable from the casino’s perspective, with a higher rate of play and a higher house edge meaning they stand to make more money.
Online slots for example normally count towards 100% of the wagering requirements.
The same is true for things like sports bets, albeit with minimum odds attached.
Table games and live dealer games sometimes have lower weighted contributions, maybe worth 50% of the wagering requirements.
That means that if you have a bonus with 15x wagering requirements and you only intend to play live dealer games (which are weighted at 50%), you will in effect have to gamble your bonus cash 30x before it’s unlocked.
What Do We Consider Low?
As a rule of thumb, wagering requirements of around 35x are about average. Anything above that we would consider high wagering requirements. Anything under 35x is low – and of course the further it drops the better. Wagering requirements of around 10x or 15x are great.
Boosted Deposit Bonuses are the most common type of welcome bonus you’ll come across. With these bonuses, the casino will match all or part of your first deposit with bonus cash. Generally, you’ll find deposit bonuses at a rate of 100%, but you can find both lower and higher rates too.
They also come with an upper limit on how much you can claim.
For example, with a 100% deposit bonus worth up to $200, to get maximum value you would have to deposit $200 to receive a total of $400 ($200 of your own money + $200 bonus cash).
You should always look for competitive wagering requirements with deposit bonuses.
No Deposit Bonuses
With a No Deposit Bonus, the casino gives you some bonus cash just for signing up, with no need to spend any of your own money up front. The amount tends to be quite small – around $10 is standard. If you lose your bonus cash you can decide whether or not to make a real money deposit, but there is no obligation.
Since this is such a good offer, the wagering requirements tend to be higher than with a standard deposit bonus.
Free Spins and Free Bets
Free Spins and similar offers let you play real money casino games totally free. Any winnings from free spins typically have wagering requirements attached, usually at the same rate as the deposit bonus.
Low Wagering Requirements vs Large Bonus Value
As you can probably tell by now, low wagering requirements make a huge difference to the value of a casino bonus.
It’s very important to learn to balance the value of the bonus with the wagering requirements, to understand the true value of a bonus.
It’s easy (especially for beginners) to get carried away with an amazing sounding bonus without thinking about the wagering requirements.
Take these two examples:
- 200% Welcome Bonus Worth Up To $1,000! (Wagering Requirements: 70x)
- 50% Welcome Bonus Worth up to $200! (Wagering Requirements: 15x)
Now at first glance, the first offer sounds way more attractive. But let’s see what happens when you deposit $100 in each case.
In the first instance, you’ll receive $300 in total. Subject to 70x wagering requirements, you’ll need to place bets worth $21,000 before you can withdraw any bonus money.
With the second offer, you’ll receive $150 in total. With 15x wagering, you’ll need to gamble just $2,250 before it can be withdrawn.
That’s an extra $18,850 in bets, for just an extra $150.
By now, you should be able to appreciate just how valuable low wagering casinos are.
Deposit Methods for Low Wagering Casino
These days, the best online casinos support loads of different payment methods. Making sure there is a banking method that works for you is something you should always do before deciding to sign up to a casino, both for deposits and withdrawals.
Sometimes certain welcome bonuses are only available when you use specific deposit methods too – yet another reason to always read the small print for bonuses very carefully.
The vast majority of online casinos allow deposits with bank cards, like Visa and Mastercard. E-wallets like Neteller, Skrill and PayPal are extremely popular, and typically come with some of the most relaxed deposit limits. Cryptocurrency payments like Bitcoin are becoming increasingly widespread. There are also bank transfers, prepaid cards, and more.
Other Important Casino Bonus Terms and Conditions
As we’ve already seen, bonus headlines can be misleading. For this reason, we strongly recommend never signing up for a casino bonus without reading the terms and conditions very carefully.
Unfortunately, it’s all too common that there is some kind of unwanted surprise waiting for you in the small print.
Wagering requirements are undoubtedly the most important thing to look for, but there are some other terms and conditions to consider.
Many casinos include a time limit with their bonus cash. If you haven’t managed to complete your wagering requirements within the timeframe, you’ll lose the money. This can be especially problematic if you’re trying to turnover a large sum of bonus cash.
For example, a month long expiry date should be fine for most players, but a week could be a little more complicated.
It’s up to you to check out the time limit and figure out if it makes sense for how you intend to play.
This is related to the weighted contributions we talked about earlier. Sometimes casinos will just exclude some games from their bonuses altogether, normally because they are less valuable for them.
Double check that your favorite games are eligible for the bonus before you sign up.
Always remember that if you run into any trouble with wagering requirements, or if you have any questions in advance of signing up, you can reach out to customer support.
Most casinos have live chat support, where you can get fast answers for any concerns you have.
Of course, if you want a shortcut to the best guaranteed low wagering requirements, look no further than our list of sites above.
Low Wagering For Big Wins
For truly valuable casinos bonuses, you need to look for low wagering casinos.
There’s a lot of factors that go into figuring out how generous a bonus really is, and the attention-grabbing headline is just the tip of the iceberg. Wagering requirements make a world of difference, and low wagering casinos are the key to finding the very best offers out there.
Do yourself a favor and choose a low wagering casino from our list, and we’ll help you get hooked up with a bonus.
What is a Low Wagering Casino?
A low wagering casino is a casino that has low wagering requirements attached to it’s bonuses.
What Are Wagering Requirements?
Wagering requirements are the number of times you need to gamble with bonus money before you can withdraw it. If you have $10 in bonus cash with 20x wagering requirements, it means you need to place bets worth $200 before the original $10 is unlocked.
Why is it Important to Choose a Low Wagering Casino?
Achievable wagering requirements make a huge difference to the true value of a casino bonus. If the rate is too high, realistically you’ll never be able to win real money from your bonus.
What is a Fair Rate for Wagering Requirements?
Around 30x/35x is an average rate. The best low wagering casinos offer rates lower than this. Higher wagering requirements should generally be avoided when possible.