One of the main reasons behind the remarkable growth of the online gambling industry is bonuses and promotions. Unlike land-based casinos, which rarely offer incentives, their online counterparts don’t hesitate to welcome new players and reward loyalty. Bonus credits allow gamblers to play online casino games for free and win a payout on a lucky day.
But before withdrawing the bonus winnings, players must fulfill the wagering requirements. That’s why some players choose not to claim casino bonuses. Others opt to hunt for no wagering casino bonuses. But do these bonuses really exist, or are they just a gambling myth? Read on to find out!
Whether a gambler chooses to play at the best new online casino sites or the experienced ones, the chances are that they will get bonuses and promotions. For instance, a casino can welcome players with free bonus money without necessarily requesting a minimum deposit. The reverse is also true with match deposit casino bonuses. Even a free spins bonus can be part of the equation.
But before claiming a casino bonus, it’s advisable to read the small print to ascertain the wagering requirements. Sometimes called the playthrough requirement, this is the number of times a gambler needs to wager using an amount similar to the bonus before withdrawing any winnings accrued from the bonus money. So, if a $100 casino bonus has a 40x playthrough requirement, players must use $4,000 before withdrawing winnings.
With that description in mind, a no-wagering casino bonus is a reward without any playthrough requirements attached to it. In short, players can withdraw winnings from the bonus or even the bonus money itself without completing any wagering requirements.
Years ago, before playthrough requirements existed, gambling sites would reward players with no wagering bonuses. These players would claim the prize and play with them without worrying about any conditions. But thanks to rampant bonus abuse amongst players, operators saw it fit to introduce wagering requirements.
However, this doesn’t mean that no wagering requirement casino bonuses are no longer available. Online casinos, especially new online casino sites, welcome players with no wagering bonuses to stay ahead of the competition. But these casinos are countable because most operators know that they stand to benefit from bonus wagering requirements.
All said, players may have to dig a little deeper to find no wagering bonuses in the crowded iGaming industry. And even if they find one, the bonus amount is usually too small compared to traditional casino bonuses.
The painful truth is that no wagering casino bonuses can be hard to come by. Players should, therefore, avoid wasting time hunting for no wagering rewards. Instead, opt for a friendly casino bonus with realistic wagering requirements, preferably anything less than 30x. A deposit bonus with 1x or 5x wagering requirements is common, especially in the US. With such perks, players don’t need to break their budget to withdraw the winnings.
Another bonus that should cross any gambler’s mind is a no deposit bonus. Players can claim these bonuses without making a minimum deposit, as it’s the norm with deposit casino bonuses. In most cases, no deposit casino bonuses also have lower wagering requirements, rarely exceeding 5x. But just like no wagering bonuses, finding a no deposit bonus can be challenging. So, claim the deposit bonus but watch out for the wagering requirements.
No wagering casino bonuses are undoubtedly the only online casino bonuses worth taking. Any gambler should salivate at the fact that the bonus package is theirs for keeps without fulfilling any playthrough requirements. But these bonuses also have their downsides that players should consider. Below are the advantages and disadvantages of no wagering bonuses:
No wagering casino bonuses may not have any playthrough requirements. But this doesn’t mean players can abuse these rewards anyhow. Most operators include other terms that govern how players use the bonuses. They include:
Nothing goes for nothing in the world of online gambling. Most casino operators will require players to make a minimum deposit before triggering the no-wagering bonus.
Before making a minimum deposit to claim the bonus, confirm the qualifying deposit methods. Usually, credit and debit card deposits via Visa and Mastercard qualify. Conversely, online casinos can restrict e-wallets like Skrill and PayPal because these methods don’t share personal information.
The casino can also place a cap on the maximum amount players can win using the bonus amount. For example, a player can get a $50 no wagering casino bonus with a $500 win cap. This means the maximum amount players can withdraw from the bonus is $500, even if they trigger a jackpot. So, a higher win cap is usually better.
Bet size limits are other conditions that players often face when using a no-wagering bonus. The casino will usually specify the maximum bet amount using the casino bonus. This is common with traditional bonuses when clearing the playthrough requirements.
How much time do players have to use the no wagering casino bonus? Answer this question before claiming the online casino bonus. Because no wagering bonuses are usually small, the casino will include a shorter timeframe, typically less than seven days.
No wagering casino bonuses can be irresistible most times. But that’s only if players can find these bonuses in a world dominated by wagering requirements. Therefore, choose a traditional bonus with the lowest possible wagering requirement. Just look closely!