List – Best NZ Low Wagering Casinos 2023:
What are Low Wagering Casinos?
To understand low wagering casinos, you need to fully understand wagering requirements. A wagering requirement tells you how much you have to gamble through before you can withdraw any money won off of a bonus. If you get house money from a deposit bonus, obviously you can’t just cash that out right away.
However, if you win money off of some free spins, you can’t just cash that out immediately, either. You have to meet the wagering requirements first. Low wagering casinos offer low wagering casino bonuses, which means the requirements are much more achievable.
So you have a very real chance of walking away with money won from a bonus.
Low Wagering Casino Bonuses
Some casinos enforce wagering requirements upwards of 35x, which can be very hard to hit before you lose all your bonus winnings. With a requirement of 35x, even if your casino bonus is a measly $100, you’d have to gamble through NZ$3,500 before you can cash out.
To be clear, you don’t have to deposit any more money. If you’re not super familiar with gambling, know that it’s possible (and pretty common) to throw in $20 and easily bet through $100 by simply alternating by winning and losing. In this case, however, you’d have to gamble through thousands while somehow staying in the black.
New Low Wagering Free Spins Bonuses
Always look for new low wagering free spins bonuses or deposit bonuses. High wagering requirements render good bonuses absolutely obsolete. Why even get excited about a bonus with high requirements? In all likelihood, you’re not going to walk away with any bonus money.
That’s why low wagering casino bonuses are by the far the best deposit bonuses. And yes, while new low wagering free spins bonuses are fantastic, in reality any low wagering bonus is worth your time. Get your bonus money and keep it.
What Does a 10x or 30x Wagering Requirement Mean?
A 10x wagering requirement means that you’ll have to wager a bonus 10 times over before you can withdraw any winnings won from it. For example, if you receive a NZ$100 bonus with a 10x wagering requirement, you’ll have to wager a total of NZ$1,000 (NZ$100 x 10) before you can withdraw your winnings.
Similarly, if your bonus has a 30x wagering requirement, you’ll have to wager a total of NZ$3,000 (NZ$100 x 30) respectively, before you can withdraw any winnings won from the bonus.
The term low wagering refers to the amount a player is obligated to bet before being allowed to withdraw any funds that have been made as a result of using the bonus funds granted to you by the casino. When playing at a casino that offers a low playthrough, this means that you will meet the requirements sooner than that of a casino that offers a high wagering amount.
It is done to prevent customers from simply taking advantage of the bonuses and then not playing anymore. The idea of the bonuses is that they encourage people to play continuously at the site, not to just give money away for free.
A 10x wagering requirement means that you’ll have to wager a bonus 10 times over before you can withdraw any winnings won from it. For example, if you receive a NZ$100 bonus with a 10x wagering requirement, you’ll have to wager a total of NZ$1,000 (NZ$100 x 10) before you can withdraw your winnings. Similarly, if your bonus has a 30x wagering requirement, you’ll have to wager a total of NZ$3,000 (NZ$100 x 30) respectively, before you can withdraw any winnings won from the bonus.
A wagering requirement or what many online gambling sites will call their playthrough is the conditions that they impose on free spins and other bonuses. The problem is that many players do not look at the playthrough requirements or do not realize that it would be impossible to withdraw any of their bonus money. When you register at any online casino you might get promotional spins or a welcome bonus or often both. These are not yours to withdraw until you have completed the rollover amount.
Lars Wahlström is a renowned authority in the online casino industry, with a robust 20-year career spanning iGaming technology and operations. As the CEO and Publisher at ARGO Gaming Group, the company behind NZcasinoo.com, he delivers expert insights into the New Zealand online casino scene.
His avid interest in gaming encompasses slots, casino games, poker, sports betting, and trotting.
Lars is based at the ARGO HQ and Stockholm office. Lars is a regular at international gaming expos and panels. For a yarn or professional connection, flick us a message on our contact page or connect with Lars on LinkedIn and Twitter.