The Ultimate Guide To Low Wagering Casinos
For anyone with even the smallest amount of experience in the online gaming world, low wagering casinos will be a very familiar topic. So if you’re experienced, then simply join one of the low wagering casinos we’ve recommended below and enjoy – because this article is not for you.
On the other hand, if you’re new to online gaming the concept of low wagering can be a little bit confusing at first. There’s a little bit of maths involved, and how wagering is worked out is not as obvious as you may initially expect. Despite this, it’s critical for any gamer to understand how wagering works if they want to take advantage of deposit bonuses.
With that in mind, today we’re going to explain everything you need to know about low wagering casinos 2018. We’ll tell you what they are, why they exist, and how to find them.
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What Is Wagering?
You’ll no doubt have seen the huge deposit bonuses that some online casinos are offering to their new and existing players. To protect their generosity from being abused by people signing up and withdrawing the bonus without playing – the concept of wagering was invented.
Essentially wagering is when a casino requires you to play with (or wager) a certain amount of money before you can withdraw the bonus funds that were given to you when you deposited your cash. Once you’ve met the wagering requirement you can then withdraw your bonus as you please.
Note: It’s important to remember that wagering only applies to your bonus funds – you can withdraw your initial deposit whenever you like, regardless of how much you have played with it.
How Does Wagering Work?
Different casinos have different wagering requirements. Let’s pretend a casino has a wagering requirement of 50 as an example to help us explain the concept.
If you deposit $100 into this casino and you get a 100% bonus (of $100) your wagering requirement would be $5000 (50 x $100). This means that you have to bet at least $5000 before you can withdraw your bonus money.
A common mistake that new gamblers make with wagering is confusing what counts towards your wagering limit. You do not have to win $5000 or lose $5000, you simply have to wager it. Once your total amount of bets placed (won or lost) has reached $5000, you can then withdraw your bonus from this hypothetical casino.
As you can see, the wagering requirement of a casino can potentially make the deposit bonus almost worthless if it’s high enough. It’s important to read the small print and find out the wagering requirements of any casino you’re joining to get a deposit bonus.
Reading through the terms and conditions of several deposit bonuses at several different casinos is as boring as it sounds. Trust us.
To help you out, we’ve researched some of the lowest wagering casinos on the entire internet and have included links to them at the top of this page.
You can thank us later.