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Withdrawing winnings derived from a No Deposit Bonus offered by an online casino may seem a bit overwhelming but as long as you follow the terms and conditions it can definitely be done. If you’re taking your first dip into the No Deposit Bonus pool, there are a few things you should know when it comes to cashing out.
Online casinos are quite generous when they offer players free chips but there is a protective mechanism in place on behalf of the casino known as the wagering requirement.
Wagering Requirement
What is a wagering requirement, also known as playthrough or rollover? Wagering requirements are essentially the number of times you must playthrough the amount of the bonus. Playthroughs can be applied to all sorts of casino bonuses; however we’re going to cover No Deposit Bonuses specifically.
The wagering requirement attached to a bonus may range from 10 times up to and exceeding 99 times. This means that you must wager the amount of your free chip ten times in the case of a 10x wagering requirement. The lower the wagering requirement, the better your chances are of being able to meet it. Wagering requirements on the higher end may seem like it would take an act of God in order to meet and you will most often see this with rogue casinos so watch out for those. At best players can claim bonuses with higher wagering requirements for fun.
Quick Note - NEVER redeem 2 No Deposit Bonuses back to back
One quick note for the newbies, never redeem two No Deposit Bonuses at one online casino back to back. This will void your ability to cashout. It is critical to read the terms associated with the bonus you intend to claim to verify the wagering requirements, maximum withdrawal amount and withdrawal procedures.
Make sure your playing the allowed games.
Making the playthough applies to certain casino games as well so ensure that you are interested in the allowable games before you proceed. Some bonuses only allow Slots while others apply to Table Games etc. Only playing the allowed games will count toward meeting wagering requirements.
For example, you claim a $10 Slots No Deposit Bonus and the terms specify that you must rollover the bonus 30x.
10x$30 = $300
You will be required to make $300 in bets in order to meet this wagering requirement. So let’s say you decide to bet $1 per spin on a Slot Game. You will need to do this 300 times before your winnings will be eligible for withdrawal.
Another key factor to note is that some bonuses allow multiple games that will all count toward your wagering requirements; however the percentages that go toward the playthrough may vary.
Wagering Requirements can vary depending on the casino game.
For example, a player claims a $100 bonus with a 40x wagering requirement which means that $4,000 in wagers must be made. The allowed games include the following games and contributions:
- Slots – 100 percent
- Video Poker - 80 percent
- Blackjack – 10 percent
Free online casino offers. Contributions refer to the percentage of each bet that goes towards meeting the playthough.
Horse Head was manufactured by Mills Novelty Co. A very exciting and fun antique slot machine to play! This 5c Horse Head machine is all original and in perfect working condition! The bonus machine is more fun to play then all the other slot machines. Mills horsehead slot machine. 5¢ MILLS HORSE HEAD BONUS SLOT MACHINE. Oct 30, 2020 Dan Morphy Auctions in PA Possibly an older restoration, this Horse Head slot machine displays a repainted front casting with refinished cabine. On Oct 30, 2020. Mills Novelty Co. Released 671 different machines in our database under this trade name, starting in 1896. Other machines made by Mills Novelty Co. During the time period Horse Head Bonus was produced include Big Race, Blue Front Golden, Bonus Bell, Bursting Cherry, Cherry Bell, Special, Position, Neighbors, Double Header, and Tycoon.
The player wagers $50 on Slots at 100% meaning that the entire $50 goes toward the wagering requirement.
https://golcape.netlify.app/how-to-win-slot-machine-in-pokemon-red.html. The player moves on to spend $25 playing Video Poker at 80% meaning that only $20 will go toward the wagering requirement.
Finally the player heads to the Blackjack tables and bets $25 at 10% resulting in just $2.50 of the entire $25 wagered going toward the playthrough.
$50+$20+$2.50 = $72.50
In total, $72.50 of the $4,000 wagering requirement has been met. The player would be best to continue on Slots for the best chance of making the playthrough.
The moment arrives when you meet the wagering requirement. First, do a happy dance…. Then get paid for all your hard work!
You may have heard of low wagering casinos, and the good news is that CasinosLists.com offers no less than 78 online casinos with the lowest wagering requirement in the industry (between 0-25 times multiplier). The prizes you will find here are all free, such as no deposit bonuses and free spins that you can redeem after signing up! In the list below you can also see the best online casinos and the newest online casinos for real money with the help of our “Top Rated” and “Newest” sorting tools on the left. In order to read more about these, just scroll past the online casinos list below.
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WHAT IS A WAGERING REQUIREMENT (AKA PLAYTHROUGH)?
Before defining what a low wagering casino actually is, it’s important for players to understand what the term ‘wagering requirement’ means. Also known as playthrough, a wagering requirement represents the number of times punters have to play a bonus before being able to withdraw their winnings. So, for example, if you have a bonus worth 20 USD and its wagering requirement is 10x, you have to bet a total of 200 USD before collecting your winnings.
WHAT ARE LOW WAGERING CASINOS?
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To qualify for the low wagering casino title, an establishment must offer a wagering multiplier that is under the industry standard of 40x times the bonus amount. Some operators can offer multipliers as high as 50x or 60x depending on the bonus, which is a way for them to ensure that players won’t just take the bonus money without actually playing a good deal.
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However, on our list above you will find online casinos with wagering requirements that range between 0 and 25x at the highest so that you always get the best offers possible. Our tools such as “Newest” and “Top Rated” are a simplified version of our reviews pages and there you can read other players’ impressions towards the casino and what it offers, as the top rated criteria is based on the ratings.
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Based on all of these, just choose the online casino that suits you best, create an account, claim your offers, and start playing. Good luck!