Exactly. It's the same with wagering to level up. This is always the worst idea possible. If you force it to achieve whatever you always lose more along the way. Reaching goal organically without thinking about it is much better because.
Nowadays with all the bonuses, airdrops and wager requirements the whole business has changed so much, and only into the direction of the casinos to gain more.
Like until 10 years ago nobody was thinking about the word "wagering" You just played whatever, placed your bets on the sports book or spin some slots. If you win you win, if you lose you lose. No people think about how much they have to wager to get to the next whatever.
Worst part of it is, because of small rewards people totally forget/downplay their losses. They think like "damn, I just lost 500$. But at least I wagered 20000$."
That's such a bad approach, they think wagering 20k is a good excuse to lose 500$. Losing 500$ to get like 50$ in bonus money = success? I don't think so.