Online casino players can use various tricks to higher their chances of winning at the casino. Playing without wagering requirements at online casinos is one such technique. There are multiple ways to take advantage of wager-free casinos, which is exactly what we will teach you in this article.
- A brief explanation of what wagering requirements are
- How it affects your payout
- Tips and tricks
- Casinos without wager requirement
What Is Wagering Requirement, and How Does It Work?
A wagering requirement is a condition that must be met before winnings can be withdrawn from an online casino. In most cases, players will need to bet a certain amount before they can cash out their winnings. The wagering requirement size varies from casino to the next, but it is typically a multiple of the bonus amount. For example, if you receive a $100 bonus with a 20x wagering requirement, you will need to bet C$2,000 before you can withdraw your winnings.
Wagering requirements are designed to protect casinos from players who simply take advantage of bonuses and never actually gamble. However, they can also make it difficult for players to withdraw their winnings.
How Playing Without a Wagering Requirement Will Affect Your Payout
Your payout percentage is higher when you play casino games without a wagering requirement. That’s because the house edge is lower. The house edge is the difference between the true odds of something happening and the odds that the casino pays out. For example, in roulette, the true odds of hitting a red number are 18 to 1. There is the reason why most fast payout casinos have low or no wagering requirements.
But most casinos only pay 17 to 1 on red. That means that for every C$18 you bet on red, you’ll only get back C$17 if you win. The other C$1 is the house edge. So if you’re playing without a wagering requirement, your payout percentage will be higher because there’s no house edge. That means more money in your pocket ultimately.
On top of that, your payouts are faster as there is no bonus money that needs to be wagered.
The Benefits & Cons of Playing Without a Wagering Requirement
- Higher payout percentage
- Lower house edge
- Faster payouts
- Not many casinos offer this option
Tips For Players Who Want to Play Without a Wagering Requirement
- Look for casinos that offer cash back or loyalty programs. These can help offset the lack of bonuses.
- Make sure you understand the terms and conditions of any promotions you’re interested in. Some promotions may not be available to players who don’t have a wagering requirement.
- Stick to casino games with a low house edge and good payout slots. That way, you’ll still have a good chance of winning even without a bonus. Roulette, blackjack, and baccarat are all good choices.
- Manage your bankroll carefully. Since you’re not getting any bonuses, you’ll need to be extra careful with your money.
- Set limits for yourself. Decide how much you’re willing to spend and stick to it. That way, you won’t get in over your head.
- Take advantage of any comps or perks that the casino offers. These can help offset the lack of bonuses.
- Don’t be afraid to ask for help. If you’re not sure about something, contact customer service.
Online Casinos With Low Wagering Requirements in Canada
We’ve got you covered if you’re looking for online casinos with low wagering requirements in Canada. Here are some of our top picks:
- Play Ojo Casino: This casino has no wagering requirements on any of its bonuses. That means you can withdraw your winnings right away.
- Rizk Casino: Rizk casino has a low wagering requirement of 20x on its welcome bonus. That means you only need to bet C$20 for every $1 you want to withdraw.
- Guts Casino: Guts casino has a wagering requirement of 35x on its welcome bonus. That’s a bit higher than some of the other casinos on this list, but it’s still relatively low.
- Casumo Casino: Casumo casino has a wagering requirement of 30x on its welcome bonus. That’s a bit higher than some of the other casinos on this list, but it’s still relatively low.
- Bob Casino: Bob Casino has a 10x wagering requirement on its welcome bonus. That’s one of the lowest we’ve seen.
- Leo Vegas: This casino has a C$10 minimum deposit and a 20x wagering requirement. They also offer cash back on losses and loyalty points that can be redeemed for cash.
Types of Low Wagering Casino Bonuses
- Welcome Bonuses: Welcome bonuses are the most common type of low wagering casino bonus. The welcome casino bonus takes the player into the online casino when making a first deposit.
- No Deposit Bonuses: No deposit bonuses are another type of low wagering casino bonus. These bonuses don’t require you to make a deposit but instead, offer you a freebie to join an online casino.
- Reload Bonuses: Reload bonuses are bonuses that are offered to existing players to intervise them to make a new deposit.
- Cashback Bonuses: Cashback bonuses are special bonuses that give you back a portion of your losses. We talk about them a lot since it’s a safe way always to lock at least 10% of your losses back.
- Loyalty Bonuses: Loyalty bonuses are special bonuses that are offered to loyal players. These bonuses usually have a low wagering requirement so that you can withdraw your winnings quickly.
- VIP Bonuses: VIP bonuses are special bonuses that are offered to VIP players. These bonuses usually have a low wagering requirement so that you can withdraw your winnings quickly.
Final Words From The Author
I hope that you understand the power of playing casino without wager requirement and how it will affect your payouts. In many cases wagering can be a total party pooper after a big win, but no more if you stick to wagerless casinos.
One last tip from my end is to continue reading our article about best payout casinos to educate yourself even further in how you can beat the house edge.
Last Updated on November 25, 2022 by michalek
- About the Author
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Hey, I'm Danny. With seven years as a poker player and 9 in the online casino industry – I’m here to share everything I know about fast-paying casinos. Leeds fan, movie enthusiast and NFT degen.