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When you decide to head over to a land-based casino, the amount of money you spend to buy chips is the only funds you can use to actually gamble. As the competition for creating the best online casino continues to increase, these platforms are constantly introducing bonuses and promotions that help them attract players. These bonuses can give you extra funds and free spins to get started with. The problem, however, is that many of these casino bonuses come with terms and conditions. The main thing that really catches you with these terms is something known as the wagering requirements. This can make it difficult to gain access to your winnings and the funds you’ve deposited at the casino. However, the same is not true with no wagering casino bonuses, so let’s take a look at what these are and why they’re so useful.
The Best No Wagering Casino Bonuses
You want to take advantage of some of these great bonuses that you see when visiting online casino websites. However, there’s something that keeps you from actually using them.
That’s the fact that they come with wagering requirements. A set of criteria that blocks the withdrawal function on the website until you check off all the boxes.
Fortunately, you’ve now discovered that not all bonuses have these wagering requirements. With no wagering bonuses, you can play and decide to cash out at any time. They’re great if you don’t want to be tied down to using one casino all the time. You can play a few rounds using both your bonus money and real money, withdraw the funds, and try out a different online casino if you don’t feel happy with what the first one had to offer you.
While a no wagering casino bonus can be great, it’s important to understand that they’re still not all the same. There are terms and conditions that you still need to read through and acknowledge before you decide to activate a no wagering bonus at an online casino. When you’re given an option to actually take advantage of a no wagering bonus, it’s important that you take a closer look at a couple of things. These are the main concerns that I recommend you take into consideration as you browse through different no wagering bonus offers:
Withdrawal Conditions
Even though the main idea behind a no wagering bonus is to ensure you’re able to withdraw without having to meet a set of wagering requirements first, you’ll often notice that there are still withdrawal conditions in place.
This helps the casino ensure you don’t just sign up for the free money and withdraw it immediately. Take a closer look at what the withdrawal conditions are. Some casinos may put a timer on your account. If you’ve been playing actively for a number of days, for example, they will unlock the withdrawal function on your account. Make sure you fully understand what these conditions are before you sign up, make a deposit, and claim the no-wagering bonus.
Restrictions
Apart from possibly implementing withdrawal conditions that don’t fall in the category of wagering requirements, some casinos can put restrictions on how you can use the bonuses you get access to. You need to understand that these restrictions can sometimes have an impact on the potential of the bonuses.
Consider a scenario where you’re given 50 free spins, but you can only use it on a high volatility slot with a very low return-to-player rate. This means you’re likely not going to have a great chance of winning due to these technical specs.
Eligibility
Another thing that you have to keep in mind is the eligibility criteria that the casino uses to determine who can actually claim the no wagering bonus. One of the first eligibility criteria that casinos generally use often states that you have to be a new player. If you’ve had an account with the casino in the past, you won’t qualify for the bonus.
Some of these platforms may even use your IP address to make sure multiple people in your home don’t sign up for an account to claim the no wagering bonus. Some casinos may also require you to use a specific deposit method if you want to take advantage of the no wagering bonus.
What are No Wagering Bonuses?
A no wagering bonus is a type of promotion that a casino offers where you get free spins or bonus money, but there are no wagering requirements you have to meet. No wagering casinos are often something that gamblers try to find online.
Wagering requirements are often considered to be one of the biggest challenges to overcome for gamblers. If you deposit $500 and you get a $250 bonus, but the casino requires you to stake at least $25,000 before you can submit a withdrawal request, it’s going to be a tough road forward.
By removing the need for reaching wagering requirements, it’s easier for you to play online and then access your winnings later on. No wagering bonuses don’t need you to spin a certain number of times or even use a specific amount of money while staking on slots and playing table games. Instead, you are usually free to withdraw your money after you’re finish with playing.
With this said, it’s important to note that wagering requirements aren’t the only restrictions that often come as part of the terms and conditions of casino bonuses. Thus, there may sometimes be other criteria that you’ll still need to meet before you can withdraw. For example, the casino may ask you to be an active, daily player for a week before it opens up the withdrawal section for you to use.
Even though these can still feel frustrating, the terms and conditions of a no wagering bonus are usually much easier to reach when you compare it to a bonus that does have wagering requirements. This is why a lot of people would prefer to access a bonus that’s not tied down by this type of setup.
Types of No wagering Casino Bonuses
There are two main types of casino bonuses that you can access without having to meet wagering requirements. These include bonus money and free spins. Each of these have its own unique features and value that it can offer you. It’s important that you understand the differences between them, including the limitations that generally apply to each.
Free Spins
Free spins, just as the name suggests, refer to the ability to spin reels in online slots without having to wager real money on the game. They’re great for your start when you want to play online slots in particular.
While free spins are an attractive offer when it comes to no wagering bonuses, there are some concerns that you need to keep in mind. Of course, these factors won’t apply to every bonus out there, but you should still acknowledge what these limitations might mean:
- Free spins usually come with a fixed value. For example, if the free spin allows you to stake $0.4 on an online slot and you decide to bet $0.5, then it’s not going to count as a free spin. Instead, in this particular case, the $0.5 will be deducted either from your bonus or real money wallet.
- You’ll often only be able to spin on specific slots that the casino allows with free spins. This can make things a bit challenging, especially if the technical specs of the slot don’t seem generous or good. If you’re only allowed to use a single slot with the free spins, take a look at its RTP, volatility, max win, hit rate, and other important factors that can affect its performance.
- There are some cases where the free spins have an expiration date. For example, the casino may give you 100 free spins and tell you that you have to use them in a period of three days. If you don’t use all of these free spins in the allocated time, then the rest of them that are still left over in your account will expire. You won’t be able to use them at all after this time.
Bonus Cash
Bonus money is another attractive offer that you can sometimes get through a no wagering bonus. Most of these promotions will require you to make a deposit. The bonus then matches your deposit to a certain percentage and amount. You can sometimes even find no deposit free bonus bitcoin casino with no wagering limit.
One example would be a 50% bonus up to $50. If you deposit $100, you get an extra $50. If you deposit more than $100, let’s say $200, though, you’d still just get the maximum the casino offers, which is $50.
No Wagering Bonus offer free cash
While extremely rare, there are some cases where you can actually get a no deposit no wagering bonus. In this case, you get a fixed amount of money added to your casino wallet without the need to first deposit funds from your side. The value of this no wagering deposit bonus won’t be much. You may find that no wagering bonus codes give you a few dollars to play with. If the no wager deposit bonus does require an initial deposit, you’ll usually find that the value is a bit higher.
A casino welcome bonus no wagering is what it will likely be promoted as in this particular case. Something that you’ll enjoy with bonus money is the fact that it’s much more versatile compared to free spins.
However, similar to free spins, there are often some limitations that the casino will put in place when you decide to use free money:
- You may notice that the casino has strict rules in place regarding how much you can stake per play. If the casino states that you can’t bet more than $1 per spin, then this is a rule you have to abide by. Even if you decide to stake $1.1, this won’t come from the bonus money but rather the real money that you deposited into your account. You can, however, stake a lower amount than what the bonus’s terms and conditions advise. For example, a $0.9 bet, in this case, would still be valid.
- The terms and conditions can sometimes state that you can only use the bonus money on certain games. For example, you can use it for online slots and table games, but the bonus money won’t work when you’re betting in the sportsbook section of the online casino.
How to Claim a No Wagering Bonus?
Once you find a great no wagering bonus offer, it’s important to know how you can claim it. This way, you can take advantage of the bonus from the start without having to worry about delays.
Luckily, most online casinos make the process of claiming these bonuses quick and easy. However, you first need to consider whether the platform uses a bonus code or rather activates the bonus on their side. With a bonus code, you’ll likely need to complete the registration process and then redeem the code in your account page. Sometimes, the casino may ask you if you have a bonus code while you’re registering a new account.
If there are no bonus codes, then complete the registration process and see if there’s a checkbox that allows you to activate the no wagering bonus. If not, go through the entire process and then head over to your account settings page. Here, you’ll likely see an option to opt in for bonuses that the casino has to offer. Once you activate this feature, you should see that the bonus is in your account.
In a scenario where you go through these steps and still can’t seem to access the no wagering bonus, it’s important that you get in touch with customer support. The great thing about most of these online casinos is that they usually feature live chat. This means you can instantly connect with one of the support agents at the casino to get answers to your questions. They’ll be able to guide you through the process of activating the bonus.
Low Wagering Bonuses
The fact that not every casino is going to give you access to a no wagering bonus can feel frustrating. Finding a casino that actually has this kind of offer can also be hard, as they’re not as common as other types of casino bonuses. However, if you find yourself in a situation where you can’t seem to identify a good no wagering bonus, there are still options for you. One such option is to instead look for low wagering bonuses. This type of bonus has wagering requirements. However, what makes it a great choice is the fact that the wagering requirements will be much lower compared to your average bonus. For example, let’s say you get 50 free spins.
A standard bonus will often say that you have to spin 10 times the number of free spins you got. That means you have to spin reels 500 times before you can cash out. A low wagering bonus, on the other hand, may tell you that you simply need to spin twice as many times as the spins you got. Continuing with our example of 50 free spins, this would mean you only have to spin reels 100 times, and then you qualify for a payout.
To determine if a casino has low wagering bonuses, you should take a closer look at the terms and conditions page that are related to the promotions that are available. It’s important to understand that low-wagering casino bonuses can sometimes still make it hard to cash out. This is why some may prefer playing casino games with wager free spins. A wager bonus, will still mean you have to use not only the wagering free spins, but likely also some of the real funds you have in your account.
Pros and Cons of No Wagering Bonuses
Every kind of bonus that you can access at an online casino comes with its own pros and cons. This applies to no wagering bonuses as well. While we’ve talked about how great they can be, you shouldn’t make your decision on what they offer alone. An unbiased look at what a no wagering bonus really is can help you make an informed choice.
That’s why we should carefully analyze both the pros and cons of no wagering bonuses. It’s going to give you more details to work with. In turn, it’s easier to decide if this is a kind of bonus that you want to take advantage of.
First, I want to give you an idea of the main benefits that a no wagering bonus can offer. These are also some of the main reasons why people decide that they want to take advantage of these bonuses, especially when compared to standard promotions where you have to worry about wagering requirements.
No Wagering Bonus Pros
- With a no wagering bonus, you don’t need to meet a set of criteria before the casino gives you the option to withdraw funds. In fact, after you’ve registered and you have funds available in your account, you should see that the withdrawal function in your account page is immediately available.
- If you find yourself in a situation where you need to cash out funds from an online casino quickly, then you’ll have instant access to the money you have left in your account. Simply head over to the casino’s website, submit a withdrawal request, and wait for the funds to arrive at your chosen cash out method.
- It’s actually really convenient to take advantage of a no wagering bonus. With your regular bonuses, there’s this constant worry that you won’t be able to meet the wagering requirements within the set time limit that the bonus’s terms and conditions have defined. A no wagering bonus doesn’t have criteria to meet and there’s no time limit.
- The versatility of online no wagering casino bonuses is another major advantage that you can expect. When it comes to versatility, you’ll be able to find a variety of bonus types. For example, some casinos may give you free spins to use while gambling online. Other casinos may offer some free cash that they pay into your casino account, which you can then use to play slots, table games, and other titles that the casino hosts.
No Wagering Bonus Cons
- If you start looking for no wagering bonuses, there’s one thing that you’ll quickly realize. They’re not as common as your classic deposit match bonus that most casinos tend to offer. It can take some time to find a casino that actually offers a welcome bonus or other promotions that are not tied to wagering requirements.
- Even though there are no wagering requirements linked to this type of bonus, a lot of people will ignore the terms and conditions. However, the terms and conditions of the bonus may still hold some things that limit your ability to really enjoy the free bonuses that the casino offers. For example, the casino may require you to be a member for at least 30 or 60 days before you can withdraw. This is not a wagering requirement but rather a time-restriction that’s casino place on new accounts.
- Free spins that a no wagering bonus offers will usually limit you in terms of what slots you can use it on. In fact, most of these bonus spins can you use on one specific slot that you can find at the online casino. This limits your ability to test out a variety of slots before you start playing with your real money.
- Casino can place limitations even on free money that a casino offers you as part of its no-wagering bonus. The casino may advise you that you can only bet a certain amount (max bet) on slots when you decide to play.
- Some casinos may implement minimum withdrawal amounts when you want to cash out. By setting these withdrawal requirements to an amount that’s much higher than the welcome bonus you got, it can take some time before you meet the minimum threshold for withdrawals at the casino.
Conclusion
Getting a bonus offer at an online casino can help you play for longer with the same amount you would have spent at a land-based casino. The problem is, there are wagering requirements that you’ll have to meet before the casino allows you to withdraw any money from your account. Switching to casinos that offer no wagering bonuses can be a great way to eliminate this problem, while still enjoying some extra free features when you join an online casino. They’re not as common as your standard bonuses, but they can definitely add value to online gambling.
