If you’re currently looking to bag some bingo bonuses and play for free, then you need to know all about wagering requirements. These are terms and conditions that come with any bonus offer and dictate what you can do with any winnings.
There are some basic truths about wagering requirements at bingo sites, also called ‘play through’ (which are different at casino sites). And, there are a lot of complicated variations on this restriction across sites. Bottom line: players prefer either no ‘wagering’ or lower requirements!
Sites that offer low wagering requirements are definitely an undervalued asset. Players should look beyond glossy promos and into the nit and gritty terms and conditions sections to be aware of the true worth of any bonus deal. This is why it’s important to look for bingo sites with low wagering requirements.
Before we simplify this issue for you, let’s take a look at a few bingo sites with low wagering requirements first:
Top Sites for Low Wagering Requirements
What could be better than no wagering requirements? That's what you get @ mFortune, for its £5 free bonus & its 100% deposit bonus.Visit website for full T&C's.
Lucky Admiral CasinoYour 1st deposit at Lucky Admiral can land you up to 500 free spins on Starburst or Fluffy Favourites! Visit website for full T&C's.
You don’t need to worry about wagering requirements here at all, as you get to keep whatever you win.Visit website for full T&C's.
Terms and conditions are applicable to all offers, read more on their sites.
Wagering Requirements Explained
So, you may be wondering what exactly wagering requirements are and why they are always attached to your bonus offers? While sites are always looking to offer great deals to their players, they also want to ensure that players don’t take advantage of any offers. This is where wagering requirements come into play.
For most people, wagering requirements can be a strange concept to consider, because at most sites you are required to first put more money into your account to unlock your winnings. Put simply, wagering requirements relate to the level of your own cash that you will need to wager before your bonus winnings are released.
This can quickly throw a massive spanner in the works when it comes to promotions, as an offer that may seem at first glance to be a great deal can turn out to be littered with costly terms and conditions when your wagering requirements are taken into account.
Wagering requirements also can be referred to by these other names at bingo sites:
- just ‘wagering’
- play through
- bonus rollover or turnover
What wagering means practically is that before withdrawing winnings, you must bet a factor of what you received as cash (no deposit) bonus. The same goes for what you received as a deposit bonus or ‘cash match’, including the amount you deposited.
For example, if you receive £30 of bonus cash that require a 30x wager, what happens next is that you will need to require £30 at least 30 times before you can withdraw any winnings.
Whilst this may seem like a lot, a 30x wagering requirement is actually a fairly standard amount for most bingo sites. It is worth remembering that the amount you’re required to put into a bingo site will vary from site to site. Some sites will also include a minimum withdrawal limits to be aware of as well, as you will have to ensure you have won enough to actually withdraw any funds.
It’s also important to remember that wagering requirements can even differ from promotion to promotion, so it’s always best to have a thorough look. Always aim to play at low wagering bingo sites, as this means you will keep more of your money. Regardless of the device you are playing on, wagering requirements should always be a top priority.
The Wagering Factor
The betting factor of the wagering requirement can be as low as 2X or as high as 6X or more at bingo sites — by the way, wagering is much, much higher at casinos. Why, oh why, do bingo sites do this to us? There are 3 basic reasons that play through rules exist:
- Online bingo destinations want to encourage (more like, force) players to stick around and play as much as possible.
- It would be bad business to let players just withdraw bonuses like cash and walk away without playing at the site.
- Legally, bingo sites must protect themselves from regulations aimed at preventing e-criminals from using bingo site accounts for money laundering.
As you’re playing with what is essentially free cash, bingo sites use wagering requirements to make sure that every game is fair. For example, a funded cash player wouldn’t want to be beaten to a jackpot by a player that is using a no deposit bonus.
Wagering requirements are also extremely important from a legal standpoint as well, as these requirements are used to help combat money laundering. So, while wagering requirements seem like no fun, if money laundering became a big issue there could be no more online bingo!
The Fine Print Details
You see, as bingo bonuses go, there are ‘sticky money’ ones and there are ‘real money’ bonuses, first of all. The sticky ones are amounts that cannot turn into cash you can withdraw even after wagering. The real ones can become cash you can take home (but usually with higher play through factors!).
Plenty of Red Tape
As you might expect, bingo sites make fulfilling wagering requirements a bit complicated. There is really no way to cut through the red tape and ‘clear your bonus’ and withdraw winnings unless you read the Terms and Conditions of each offer.
One very important rule that most players don’t know is this: at most sites, if you mistakenly request a withdrawal prior to fulfilling your wagering then you will zap (as in forfeit) all of your bonus balance!
Here is a quick shortlist of the kinds of complications you may encounter with clearing your bonus and fulfilling wagering requirements, for your reference:
- not all games count towards wagering
- usually you must bet on bingo to clear bingo bonuses
- there are time limits on completing bonus turnovers
- there are minimum withdrawal limits on bingo sites
- you will have varying wagering on multiple bonuses
- you may be able to opt out of bonuses
- even cash deposits will have a matching wagering requirement
Are All Wagering Requirements Equal?
No, a site may have certain wagering rules for free bingo cash and different rules for deposit match bonuses (which may or may not include the principle a player deposits as well).
There are a few different ways that a site can add wagering requirements onto your account. One way is to still let you withdraw, but any funds that haven’t been cleared will be forfeited. Other sites may specify that you can’t withdraw any of your real cash balance until your wagering requirements have been completely fulfilled.
We’re always telling our readers to look into the T&Cs of a site, as wagering requirements are really important for you to understand. Here you’ll find what you need to do to be able to withdraw, as well as special terms that may apply to that site alone.
For example, some sites will specify here that even the payment method you use will influence the wagering requirements, as alternate payment methods can incur larger requirements.
It’s worth remembering that not all games will contribute to fulfilling your wagering requirements. On some sites, you will only be able to contribute towards your wagering requirements amount by playing on select games. Typically, at some bingo sites casino games like Roulette or Blackjack may not count at all or count for an extremely low percentage like 10%.
If you’re the kind of player who would prefer to just play with real money cash and not become overly concerned with the intricacies of wagering requirements, then you can usually opt out of welcome bonuses. This can be done by inputting a code, ticking a box or chatting to a representative from the site. This may seem bonkers to some bingo players, but others will prefer to waive their welcome bonus as they feel the requirements are so harsh. This is why it’s important to find bingo sites with low wagering requirements.
Are There Time Limits on Wagering Requirements?
At some bingo sites, players will be required to use their bingo bonus soon rather than later. This is typically to satisfy the requirements. As we said above, there are usually maximum periods of time in which to clear a bonus by betting the required wagering factor. If you don’t do it in time, you’ll forfeit the bonus and winnings.
Are there sites with No Wagering Requirements?
Wagering requirements can often be annoying if you’re a new bingo player, particularly if you win with some of your bonus funds and find that you are unable to withdraw any of your new funds until you have played through a set amount.
Thankfully, we’re seeing more and more sites placing an emphasis on doing away with wagering requirements. Entire networks, like the Dragonfish Real Money Network, have launched recently featuring no wagering requirements bingo sites.
Then we have keep what you win sites, like PocketWin and mFortune that have always had a commitment to getting rid of wagering requirements.
Bingo sites with no wagering requirements make it much easier for players to withdraw their winnings without any hassle.
Other things to Consider
There are other things that you’ll want to think about when playing online, as these will affect your winnings:
- How large the bonus offers are
- Whether you’ll be getting cashback on your losses
- The RTP of the site and games
- The number and value of the promotions on the site
Again, you’ll want to have a good look around a site to decide whether it’s worth it to play there.
When it comes to satisfying the wagering requirements of a site, you may want to change up your betting strategy. To bet more will mean that you get rid of the requirements quicker, for example you’d wager through a lot more with £1 bets than with penny ones. There are many ways to play online but when it comes to getting rid of the wagering requirements, you may need to be a bit more thoughtful.
Keep Track of Your Playthrough
While online software is generally very good at keeping track of any wagering requirements, it’s always a good idea to be aware of it yourself. Since a number of sites will void any winnings if you try to withdraw before you have met your requirements, it’s important that you know for a fact you have met the specific requirements attached to your bonus or promotional offer.
Terms and Conditions
Lastly, make sure you consider other T&Cs, like:
- Not all games will contribute the same amount to wagering requirements, for instance wagers on blackjack often don’t count towards them at all.
- Different types of bonus, like instant games or free spins, can have different wagering requirements. Generally, games bonuses require you to wager more than bingo ones.
- There are other aspects that may stop you from withdrawing, like withdrawal limits and a minimum deposit prior to withdrawal – even on bingo sites with no wagering requirements.
Know the Rules!
It may seem like bingo sites have rigged their bonuses so you can never escape their wagering requirements. But cheer up, because not all bingo sites are out to get you, and many are surprisingly honest and generous about wagering.
With further regulation in the gambling industry, new legislation is currently being rolled out to help encourage fair play. This also means that bingo players can expect clearer rules and restrictions when it comes to the T&Cs associated with wagering requirements.