What are bonus wagering requirements anyway?
An online casino is reluctant to give away money but would like to make you, the customer, an offer. Therefore, you will mostly find bonus offers with wagering requirements at most online casinos. Sometimes you have to play through your deposit and/or the bonus amount 40 times.
Sometimes more sometimes less. That means: with a 100% bonus up to C$100 you get a C$100 bonus when you make a deposit. To wager the bonus 40 times you need to wager a total of C$4000 at the casino. A pile of wood and not always crowned with success.
The advantage of bonus offers without wagering requirements is obvious: You don’t have to make any sales before the bonus money becomes real money. But not so fast: Bonus offers without a minimum wager also have their pitfalls, which we would like to explain to you in the following text.
- No wagering bonus – you get the bonus cash in your account.
- Wagering bonus – you have to play through your deposit and/or the bonus money x times.
Are no wagering bonuses safe?
Basically, we always recommend you: check the license of the online casino. Only an online casino with a valid license is reputable. You can always find the license at the bottom of the website, good licenses are:
- Curaçao eGaming
- MGA Malta (Malta Gaming Authorities)
- UK Gambling Commission (UKGC)
Of course, there are other good licenses out there, but these four are probably the most relevant to you. But at the end of the day, the big question is: what’s the catch with a no wagering bonus? I’ll tell you this much: You don’t get anything for free, but bonuses without wagering requirements are always worthwhile.
Why do casinos offer no wagering bonuses?
Competitors. The gambling industry is competitive. Online casino review sites like our website separate the wheat from the chaff. Providers have to work hard to earn the favor of customers, i.e. you. You as a customer benefit from this and we hope that we can help you with this article.
Types of no wagering bonuses
There are many different types of bonus offers and the same applies to bonus offers without wagering requirements: There are free spins without wagering, deposit bonuses without wagering and cashback as well as other promotions that do not contain any wagering requirements.
Free spins with no wagering requirements
Wager free spins mean that you are mostly allowed to play 10, 20 or more spins on a slot on a specific slot. Such a spin has a value of 10 to 20 cents in most cases – and the resulting winnings appear as real money in your player account. A casino also likes to offer free spins without wagering requirements when the latest slots are to be celebrated. A little tip on the side: Check our latest slot reviews regularly, there the chance of extra free spins increases.
The deposit bonus with no wagering requirements
No wagering bonus equals real money. Without any annoying wagering requirements, which is particularly annoying when you make a profit. There are different types of deposit bonuses, such as a welcome bonus for new customers and a so-called reload bonus for existing customers.
The welcome bonus with no wagering requirements
You deposit for the first time in a casino with such a bonus – and get the % amount X credited to your account as real money.
The reload bonus with no wagering requirements
A reload bonus works in principle the same way. The only difference is that it is not your first time depositing at this online casino. Reload means nothing more than reloading.
The cashback bonus with no wagering requirements
A cashback bonus usually works like this: You lose X net amount over a certain period of time. On this net amount, you get 10% or 20% or whatever the cashback offer is. This cashback is subject to wagering requirements at some online casinos. However, some other providers offer cashback bonuses without wagering requirements – and we think that’s fair.
Special bonuses with no wagering requirements
There are other offers with no playthrough requirements, but you rarely come across these. These are primarily offered related to the live casino:
- Roulette bonus with no wagering requirements.
- Blackjack bonus with no wagering requirements.
- Poker bonus with no wagering requirements.
- Baccarat bonus with no wagering requirements.
Pros&cons of online casino bonuses without wagering requirements
A bonus with no wagering requirements does not come without conditions. On the one hand, this should be legally complicated, on the other hand, online casinos don’t just give away money.
- You can pay out winnings immediately.
- Just play it, try slots you wouldn’t play otherwise.
- No sales time pressure, gamble when you really have time for it.
- No restrictions to specific casino games or slots. Bonus funds cannot always be used on all games.
- Often the possible gains are severely limited.
- In the case of bonuses without wagering requirements, the bonus amounts are usually limited.
- Far too seldom: often it is just a lock offer.
- You should definitely look the gift horse in the mouth. Always read the terms.
Did you know? One of the most reputable online casinos offers free spins without wagering. Find out more in our Vulkan Vegas casino review.
Important facts about the casino bonus with no wagering requirements
The playthrough requirements of a bonus offer are usually not the only terms. Below we explain in five points what you should pay attention to when choosing your bonus:
- No wagering requirement ≠ no strings attached.
No online casino, no normal company on this planet gives away money. Casino bonuses with no wagering requirements are great – but they come with certain rules that you need to be aware of. Therefore, always read the bonus terms and conditions carefully.
- No wagering bonus? Check payout conditions!
In the terms and conditions, you will usually find a section about the amount of the allowed withdrawal if you win. The maximum (payable) win allowed is often five to ten times the bonus money.
- No bonus wagering at the casino does not equal free money.
Deposit, claim the offer and withdraw the money plus the bonus. It sounds great, but unfortunately, it doesn’t work. Not from a legal point of view; and also from an economic point of view that would be economic suicide for an online casino. You have to earn a bonus, one way or another.
- Check if you can play your favorite slot with the no wagering bonus.
There are great slots and there are not so great. There are slots that you will enjoy more than others. It is the same in the live casino and with the offer there. We have my favorites, you have yours. For this reason, please check the terms and conditions of the offer to see if the free offer only applies to certain casino games.
- No wagering free spins – watch out for restrictions.
Free spins in particular are often tied to specific slots. This means that you cannot play these free spins on any slot. Such free spins promotions are often related to new slot machines that the online casino wants to promote. In addition, the winnings allowed are almost always limited with free spins.
Ultimately, the casino protects itself against a lucky hit and excessive bonus costs. Should you be lucky and hit a bigger win, the online casino will cancel the “excess” – if you request a withdrawal. Many online casinos add free spins with no wagering requirements to their deposit bonus. If you accept such an offer, play through the deposit bonus first.
Only activate the free spins after wagering! The reason is this: in most casinos, you play with real money first, ergo with the eventual winnings from your free spins. If you want to cash out, you would have to cancel your free spins winnings bonus entirely. Therefore, if possible, decouple the deposit bonus and free spins without wagering.
How do you get a no wagering casino bonus?
No wagering bonuses are rare and hard to find in the wild. Therefore, pay attention to the following points:
- Look for the right offers on our website. Here you will find the corresponding conditions and the bonus wagering requirements for all bonus offers.
- If you have found an online casino with such an offer, please read our casino review on this provider first. Make sure this is a provider you feel comfortable with.
- You made your choice, wonderful! Now please read the conditions for the casino bonus without wagering requirements very carefully. Familiarize yourself with any restrictions and rules.
Final thoughts on casino bonuses with no wagering requirements
We hope we were able to give you a small overview of bonus offers without wagering requirements. The competition in the gambling world is huge. Online casinos fight by all means for the favor of customers – casino fans like you and us. There has rarely been a better time to sign up at an online casino! However, there are a few points to keep in mind, because just like in real life, the online world can be understood with occasional pitfalls.
Trust our reviews on our website. Find out about the casinos that appeal to you at first sight. Read our reviews, search the web for feedback, and do your research. And get even smarter when it comes to accepting an offer. Don’t just click on it: pay attention to the terms, and read the fine print.
When you understand no wagering bonuses, when you understand the providers, the games and the fine print, you finally understand how you can benefit from these offers. And if that’s the case, it was worth it for me to write this article for you.