Low Wagering Casino Bonuses: Pros and Cons

The online casino sector is one of the most competitive corners of the internet, and every day there are millions of online casino players logging on to play their favorite games.

This obviously means that there is a huge competition between online casino sites to attract new players, and one of the main methods that online casinos use in this competition is the casino bonus. This can take the form of a deposit bonus, awarded when a customer signs up to a new site or a loyalty bonus that is given to regular players.

One thing that most bonuses have in common is that they all come with a long list of terms and conditions, and of these, the most significant is the wagering requirement. But what is the wagering requirement, and what are casino bonuses?

Casino Bonuses

Technically, a low wagering casino bonus like BST Casinos low wagering casino bonuses is any promotion or deal that a casino provides to users, either when they first sign up to a site or during their normal use of the site. These are the main forms of casino bonuses that you are most likely to come across:

·        Welcome Bonus: a bonus that is only open to new customers who register with a site

·        Deposit Bonus: awarded when you make a deposit, usually your first deposit

·        No Deposit Bonus: typically a smaller bonus paid to new signups before they make a deposit

·        Loyalty Bonus: a bonus that is given to customers in return for continued use of a site

All of these bonuses will typically include a wagering requirement, along with other terms and conditions such as time limits and age restrictions.

Introducing the Wagering Requirement

The wagering requirement is an unpopular but universal casino bonus condition that limits the amount of money you can cash out from a casino bonus.

It works on the basis that you have to wager the bonus amount a set number of times before you can make a withdrawal, either of the original bonus or any winnings from it. Partially, this is to prevent people from signing up to a new site, claiming a bonus, withdrawing it and never playing any of the site’s games, which the casino operator wants to deter.

A typical wagering requirement might be referred to as x40. This indicates that the entire amount of the bonus has to be wagered forty times before a withdrawal of that amount can be made. Wagering requirements vary significantly between casinos, however, and this is how some bonuses can be known as high wagering and others as low wagering.

What is a Low Wagering Casino Bonus

Realistically, you are unlikely to come across casino bonuses that have no wagering requirements, but it is possible to find bonuses that have wagering requirements that are significantly lower than the average, perhaps x10 or lower. This type of casino bonus has its pros and cons.

Low Wagering Casino Bonus Pros

The main advantage of the low wagering casino bonus is that you will have to wager less money to have a chance of making a withdrawal. This also means you are less likely to use up your bankroll in trying to fulfill the wagering requirement, although the odds are still stacked against you.

Low Wagering Casino Bonus Cons

Typically, low wagering casino bonuses are for smaller amounts and will have stricter conditions, such as lower maximum payouts and shorter time limits, which can significantly reduce the appeal of these bonuses to casino players.

 

When you’re claiming a casino bonus, a lower wagering requirement is obviously an advantage, but it is important to remember that the advantage is small, that any wagering requirement significantly reduces your chance of cashing out a bonus, and that you should never sign up to a particular casino site simply because of the size of its bonuses or its wagering requirements.

Ricky Casino Review 2023 | Pros, Cons, Bonuses & Games

Payment methods: Visa, Mastercard, PayID, Maestro, Neosurf, Neteller, Skrill, ecoPayz, Paysafecard, Bitcoin

Minimum Deposit: $20

Number of games: Over 2,000+

Bonuses: Up to $7,500 + 550 free spins

Wagering requirements: 50x

  • More than 2,000 online pokies
  • Huge welcome bonus up to $7,500 + 550 free spins
  • Live dealer games, including roulette
  • Accepts cryptocurrency deposits
  • Bonuses and free spins expire after 3 days
  • No sports betting available

Ricky Casino is an excellent online casino, with more than 2,000+ slot games, plenty of table games, live dealer games, and even demo versions so you can play risk-free to your heart’s content. 

It comes #1 in my list of best online casinos, and you will see why as you take a look at my in-depth review covering various important aspects.

Games: 10/10

Ricky Casino offers a huge collection of casino games that will please anyone from a beginner to the most avid player. With over 2,000 games to choose from, spanning pokies, progressive jackpots, roulette, blackjack, and video poker, you are certain to find something that is up your alley. 

Ricky Casino’s games are developed by the best in the business – gaming giants like Micrograming, SoftSwiss, and NetEnt, just to name a few. When I tested over 70 titles, I could tell each game has been painstakingly created, and therefore are of the highest quality in terms of graphics, design, characters, and playability.

Bonuses: 9.7/10

Many casino players enjoy welcome offers, where you can receive free bonuses. This allows you to play more without spending extra money, and pick up additional chances to win a big jackpot. Ricky Casino does not disappoint, with a generous offer of up to $7,500 bonus plus 550 free spins, spread across the first 10 deposits. This is how the bonuses can be claimed by new users:

  • 1st Deposit – 100% Up To $500 / 240 USDT + 100 Free Spins.
  • 2nd Deposit – 50% Up To $500 / 240 USDT + 50 Free Spins.
  • 3rd Deposit – 50% Up To $1,000 / 240 USDT + 50 Free Spins.
  • 4th Deposit – 50% Up To $1,000 / 240 USDT + 50 Free Spins.
  • 5th Deposit – 50% Up To $1,000 / 240 USDT + 50 Free Spins.
  • 6th Deposit – 50% Up To $1,000 / 240 USDT + 50 Free Spins. Once per day.
  • 7th Deposit – 50% Up To $1,000 / 240 USDT + 50 Free Spins. Once per day.
  • 8th Deposit – 50% Up To $500 / 240 USDT + 50 Free Spins. Once per day.
  • 9th Deposit – 50% Up To $500 / 240 USDT + 50 Free Spins. Once per day.
  • 10th Deposit – 50% Up To $500 / 240 USDT + 50 Free Spins. Once per day.

From this breakdown, you can see that the first deposit is a 100% bonus, while the remaining 9 deposits are only 50%. I took advantage of this by making a larger deposit on my first go. That way I received more bonus than if I deposited the same amount  spread over a few deposits.

Note that the minimum deposit to receive the bonuses is $30. Additionally, keep in mind that the free spins are applied to one particular slot game “All Lucky Clovers 5”. I enjoyed playing this slot, especially because it was free to play!

One of the great things about Ricky Casino is that they offer ongoing bonuses even after your welcome offer is completed. These change from time to time, but currently if you deposit on a Tuesday, you will receive a 100% deposit bonus, on Wednesdays you receive 200 free spins with a $30 deposit, and on Fridays you receive 50% deposit bonus. If you are a high roller, and make large deposits (over $1,500), then you can qualify for the VIP offers; receive 30% bonus on deposit amounts of $1,500 – $3,000.

Deposits and Withdrawals: 9.8/10

Having plenty of banking options are a must for any top casino, and Ricky Casino meets this criteria. There are various methods you can choose to deposit and withdraw money, with no transaction fees whatsoever. The only thing you need to be wary of is the minimum and maximum limits, as shown below.

Deposit methods

  • Visa/Mastercard/Maestro: $20 to $4,000
  • Neosurf, Neteller, Skrill, ecoPayz: $20 to $4,000
  • Paysafecard: $20 to $1,000
  • Bitcoin: 0.0001 BTC to 5 BTC

Withdrawal methods

  • Visa: minimum $20
  • Virtual Credit Cards, Neteller, Skrill, ecoPayz: minimum $20
  • Paysafecard: minimum $20
  • Bank transfer: minimum $300
  • Bitcoin: minimum 0.0001 BTC

Mobile Gaming: 9.4/10  

Many Ricky Casino users love playing games on their phone as a way to pass time when they’re bored, eg: on public transport, at work, or even on the toilet! Being able to access an online casino on your phone is a huge benefit. Ricky Casino does not yet have a mobile app, but you can easily visit the casino using your internet browser on your phone. When I tested the casino on my phone and iPad, I found that the site is perfectly optimised for each device, and it runs smoothly, with no delays or latency issues.

Customer Support: 10/10  

Ricky Casino has excellent customer service, and I scored them a full 10 out of 10 in this regard. There is a dedicated live chat support team available 24/7, and they are extremely helpful, no matter what your issue. They are staffed by real customer support agents, and not chatbots, so you can trust they understand what you are asking. 

If you prefer to communicate using email, that’s another option available to you. Simply email [email protected], and they will respond when they get to your email. This can take up to a few hours, but often it happens much quicker. When I tested out their email responsiveness, I received a reply in under an hour.

Security and Licensing: 9.5/10  

Ricky Casino is a legitimate and secure online casino. It has an authoritative license from Curacao, an international standard that guarantees the most honest and transparent interaction with players. It also guarantees that all actions, policy, and framework of the casino are performed legally. You can play at Ricky Casino without worrying about safety issues.

Alternatives to Ricky Casino

While Ricky Casino is my top choice of online casino, you may want to consider other options to find one that is more suitable for your needs. See the top four online casinos below to see which is right for you.

Welcome Bonus: $7,500 + 550 free spins

Welcome Bonus: $7,500 + 550 free spins

  • Over 2,000+ games
  • Deposit with Visa, Mastercard, PayID, Maestro, Neosurf, Neteller, Skrill, ecoPayz, Paysafecard, Bitcoin
  • Minimum deposit: $20
  • Wagering requirements: 50x
Welcome Bonus: Up to $5,000

Welcome Bonus: Up to $5,000

  • Over 2,000+ games
  • Deposit with Visa, Maestro, Mastercard, Neosurf, Neteller, Skrill, ecoPayz, Paysafecard, Bitcoin
  • Minimum deposit: $20
  • Wagering requirements: 50x
Welcome Bonus: Up to $5,000

Welcome Bonus: Up to $5,000

  • Over 1,250+ games
  • Deposit with Visa, Maestro, Mastercard, Skrill, Neteller, ecoPayz, MiFinity, MuchBetter, STICPAY, Paysafecard, Bank transfer, Bitcoin
  • Minimum deposit: $20
  • Wagering requirements: 50x
Welcome Bonus: Up to $3,000

Welcome Bonus: Up to $3,000

  • Over 300+ games
  • Deposit with Visa, Mastercard, Voucher, Direct bank transfer, MatchPay, Cryptocurrency (BTC, ETH, USDT, LTC, BCH, BSV)
  • Minimum deposit: $5 for USDT; $10 for Voucher, BTC; $20 for Visa/Mastercard, MatchPay; $50 for Bank transfer, ETH
  • Wagering requirements: 25x

Verdict

Ricky Casino is my #1 recommendation of the best online casino, and I suggest you try it out, if you are searching for a new casino. There are thousands of games available, plenty of deposit methods, excellent 24/7 live chat support, and tons of bonuses. It is licensed and regulated by the Curacao gaming authority so you can trust it is a safe, honest, and legitimate site.

Click the button below to visit Ricky Casino and discover everything it has to offer. Remember, you can play games for free without having to deposit money or even sign up! This is an excellent way to familiarise yourself with Ricky Casino before deciding whether you want to create an account.

Frequently Asked Questions

Yes, Ricky Casino is a legit online casino that is licensed and regulated by the Curacao Gaming Control Board. It is used by millions of players and many of them – including the team at Indivisible Gaming – consider Ricky Casino to be the best online casino.

Yes, Ricky Casino is a safe online casino that is licensed and regulated by the Curacao Gaming Control Board. It is trusted by millions of casino players, and is the best online casino.