Online casinos often present themselves as exciting playgrounds—inviting players to explore new games, test strategies, and aim for lucrative payouts. However, it’s essential to keep in mind that these platforms are businesses at their core. While the phrase “the house always wins” might be familiar, it’s because it’s true that casinos must safeguard themselves from risks like bonus abuse.
This is where wagering requirements come into play. These terms act as the conditions attached to attractive offers, such as free spins, requiring players to wager the winnings or bonus value a set number of times before they can make a withdrawal. The purpose is to ensure that players engage with the platform rather than simply taking the free money and walking away.
So, in case you were under the impression that free spins bonuses don’t come with wagering requirements, we’re sorry to break it to you, but you were wrong.
Keep reading to learn how wagering requirements apply to free spins bonuses and how to maximise this casino offer.
What Are Free Spins Bonuses?
When it comes to online casino offers, free spins bonuses are among the most popular. As the name suggests, they give players a set number of free attempts on specific slot games. These bonuses allow players to experience the excitement of spinning the reels without risking their own money upfront—so it’s no surprise they’re highly sought after.
It’s important to note that free spins come in two main types, both appealing but with key differences. No deposit free spins are awarded simply for signing up or as part of a promotion to attract new customers. They require no financial commitment, allowing players to test the casino before deciding whether to continue playing.
On the other hand, deposit free spins are included in bonus packages when players fund their accounts, often matching their deposit with additional spins. While they require a deposit, they remain highly desirable since many online platforms offer them for as little as $1—making them a great deal for players looking to maximize their bankroll.
Activating free spins is usually a simple process. When registering at an online casino, players typically need to opt into the welcome offer. Once the account is created, the free spins are automatically credited. To use them, players simply open the designated slot game associated with the promotion, and the spins will be ready to play.
However, winnings from these spins may be subject to wagering requirements, which we will explore in the next section.
Wagering Requirements For Free Spins
Let’s be honest—we’ve all signed up for a free trial to cancel before being charged. While this isn’t illegal, it’s certainly frowned upon, particularly in the online gambling world. Wagering requirements are specifically designed to discourage similar behaviours in this space.
When using free spins at an online casino, it’s essential to understand how to meet the wagering requirements—otherwise, you won’t be able to cash out any of your winnings. First and foremost, you need to know how to calculate wagering requirements to determine whether a free spins bonus is worth your time and effort. Unfortunately, some platforms offer free spins without adding real value.
Let’s break it down with an example:
Suppose you receive a free spins bonus with a 40x wagering requirement and are awarded 40 free spins worth $0.25 each. The total value of your free spins would be $10 (40 spins × $0.25 per spin).
However, the wagering requirement doesn’t apply to the $10 directly—it applies to your winnings from those spins. Let’s say you win $15 after using all your free spins. In this case, the 40x wagering requirement would be applied to the $15, meaning you’d need to wager $600 ($15 × 40) before you can withdraw the money.
It’s also important to note that not all games contribute equally toward meeting wagering requirements. However, in the case of free spins, most slots contribute 100%, so you don’t need to worry about reduced contributions.
Can You Win Real Money?
Free spins aren’t just about having fun—they give you a real chance to win money without risking much (or any) of your cash. These bonuses are typically tied to slot games and often come as part of welcome offers or special promotions. But can you keep and withdraw your winnings?
The good news is, yes, you can! As long as you meet the wagering requirements and follow the bonus terms and conditions, you’ll be able to cash out and enjoy your earnings. Just be sure to read the fine print so there are no surprises along the way.
