The High Value Of Low Wagering Bonuses
A bonus with a low playthrough requirement is many times more valuable than one with much higher ones. The reason is of course in the fact that there is quite a realistic chance of winning some cash over the short term when you are playing with a double bankroll. For instance a 200$ bonus with a 5x playthrough needs only be wagered 5 times, for a total of $1.000. A very short good run at the slots will ensure you get to a point where you are likely to win money in the end.
A huge playthrough requirement can see you win a substantial amount, only to be forced to continue playing with your winnings many times over until you have lost everything, which is a real disappointment. You want to play at a casino that will allow you to withdraw the money you have won and where the bonus will be an actual gift, rather than a cheap marketing trick.
Casinos with No Wagering Requirements on Free Spins
Claiming the no wagering free spins bonuses isn't as easy as claiming any other bonus. There are a few casinos that offer New Zealand players a chance to receive a no wagering bonus which can be used at popular casino games such as pokies and can be instantly withdrawn right into your bank or e-wallet.
Check out these wager free spins that we have found and claim the best no wagering bonuses out there to get started on clearing these super bonuses. With just a little luck, no wagering bonuses will help you significantly boost your bankroll and skyrocket your gambling career. Scoring just a few of these bonuses could easily pay for your next vacation, so give it a shot and try to get some serious cash for just a small investment with these best bonuses around:
Bonus playthrough is a term used for the amount of money you have to wager at an online casino before your money is clear for a withdrawal. Until that time, casinos will usually not allow you to make any withdrawal requests, or even worse, they will let you and will proceed to take away your bonus and winnings without giving you a chance to just cancel the request.
The wagering requirement differs from one casino to another and can often go all the way up to 40 times the total amount of deposit and bonus, which can be a huge number and nearly unachievable if you don’t win some kind of a jackpot.
Wagering Contributions on Slots vs. Casino Games
To make matters even worse, casinos will usually not let your entire wagered amount count toward the playthrough amount. In fact, only slots wagers are counted in full in most cases, while wagers made at table games such as roulette or blackjack can often count for much less.
The casinos do this in order to protect themselves against bonus abuse, as solid mathematical play at a game like roulette could pretty much guarantee you a win with the double bankroll. This is why casinos will often make you wager up to 20 times more, making the total playthrough up to 800x the bonus amount, an absurd amount. Some casinos only count games such as video poker, that have a low casino edge, for 2% of the amount wagered, practically excluding them from the bonus.
What is a wager requirement?
The wagering requirement is the value of total bets a player needs to make on allowed casino games in order to successfully clear the wagering requirements and withdraw their winnings. For example a bonus promotion of $20 and a wagering requirement of 40 x bonus amount, means that the player will need to make bets in total of $800, before any funds can be withdrawn.
What types of bonuses do the casinos offer?
Players can choose between many promotions generally divided between, free spins, no deposit sign up bonus, welcome bonus, match deposit bonus, reload, cash back bonus and several more. Good online casinos will also offer you free money when you haven't deposited in a while, as well as holiday and seasonal offers, birthday gifts and special events free cash.
Why do the casinos have wagering requirements on bonuses?
Truth is, cause they're scared to lose money. If you deposit $50, get a 100% match bonus and you now you have $100, why don't you go ahead and cash out? You already doubled your money. In the past online casinos have been abused this way so they are now protecting themselves with these bonus requirements.
Should I play with bonuses?
Since bonuses do come with some strings attached, some experts advice not to use them. In our opinion, bonuses is what makes your money last longer. Without bonuses you will be playing on real money alone which would not last as half of the time of bonus money. So we say yes, bonus money is the way to go.