Online casino sites would go broke if they just gave out bonus offers without any strings attached. The catch is called bonus wagering requirements (also referred to as play through requirement and rollover requirement), which determines how many times you need to wager the money in online slots before you can cash out.
As Americans, we’re in a great position compared to the rest of the world, as our free spins winnings wagering requirements are very low. We can get as low as 10x wagering or no wagering at all at some online casinos. That’s an unheard thing in Europe who have already gambled online for 15 years. Remember to check casino bonus T C and bonus rules for details.
How Do Wagering Requirements Work – An Example
The casino site has set a wagering requirement of 20x for their no-deposit free spins offer. They give $10 worth of casino no deposit bonus (essentially 100 free spins), and you have to wager it 20x.
20 * $10 = $200. You’ll need to wager a total $200 in online slots before you can cash out. That doesn’t mean that you have to deposit that kind of sum; the money just needs to be rolled over 20 times playing slots. It’ll take a bit of time to cash out, but it’s very doable. A chance to win real money without having to deposit – it’s a great deal.
Max Cash Out
Some free spins bonuses also have a maximum cash out for certain games. The terms and conditions might for example state that you can’t win more than $25,000 using the bonus. Therefore, you need to be careful when playing jackpot slots for example.
Some games have a higher return to player than others. Therefore, online casinos often have an excluded games list for ther free spins bonuses. Remember to check terms & conditions for any excluded games. Sometimes the excluded games list might include all the games from a certain provider or jackpot games for example.
? Types of Free Spin Promotions
While all free spin promotions are worth getting, they are not created equal. You’ll only receive many “free” spins by making a deposit at the casino. Other promotions don’t require depositing, but you can’t cash out your winnings without wagering them.
- No deposit free spins offers: Register at the casino and start spinning! These are often also called instant spins, and you receive them as soon as you’ve clicked ok at registration. For example Hard Rock Casino and Ocean Online Casino give players 50 free spins.
- Free Spins with a Deposit: You need to deposit to claim your bonus. When a bonus like this is available, it’s added on top of the normal first deposit bonus package, so you get both extra money and extra spins to play.
- Free spins no wagering Often you have to wager what you win with your spins a certain number of times before cashing out. For example, you may need to play your winnings 30 times before cashing out. No wagering required means that you simply keep what you win. The only no wagering casino in the US is Party Casino.
- No wagering, no problem: The amount of casino no deposit wager-free spins is very limited. When you play using these offers and hit a big win, you are not required to wager the winnings multiple times before making your echeck casinos canada juicy cash-out. These are very hard to come by at legit casinos.
- Put your money where your mouth is: By making a deposit, you’ll be eligible for more bonuses and typically receive hundreds of spins more than with no deposit promos.