If you are an avid online casino player, you would have definitely come across terms like wagering bonuses, or no-wagering bonuses. If not, just open the terms and conditions section of any casino bonus, and you will find wagering requirements like 35x, 40x, and so on. So, what exactly do they mean, and why do players chase no wagering bonus while playing casino games?
What are wagering requirements?
Before we sneak into no-wagering bonuses, let us first understand what wagering requirements are. When you claim a casino bonus, the free spins or cash component typically comes with a wagering requirement. This means you have to wager the bonus a fixed number of times. To cash out the funds, you usually have to meet these conditions known as wagering requirements.
No wagering requirement explained
Now that you know what the wagering requirements are, the term no wagering bonuses is pretty self-explanatory for you. These are the bonuses with zero wagering requirements attached. Once you get any winnings from these bonuses into your casino account, you can redeem them quickly or instantly. No questions asked. You won’t have to wager the bonus funds and the deposit funds a predetermined number of times. That’s the beauty of these no-wagering bonuses.
Types of No-wagering Bonuses
#1 No Wagering Free Spins
Although there are tons of no-wagering bonuses, free spins still remain at the top of the charts. The players love playing at a casino with a free spins no wagering bonus. If you are playing with no wagering free spins bonus, any winnings you land will be directly paid to you in real money. No questions asked. So, you can quickly withdraw your winnings within seconds.
#2 No Wagering Deposit Bonuses
How will you feel if you can make a deposit at a casino and withdraw the winnings right away? That’s how wagering free deposit bonuses work. In your wagering-free bonus package, you can expect deposit bonuses with no wagering restrictions. Casinos may give you a 100% match on your deposit, or they can offer you free spins or a set cash bonus. Deposit bonuses with no wagering restrictions are rare on popular sites, but they are very beneficial.
#3 No Wagering Cashback Offers
Every casino player loves cashback. With these offers, you can get a portion of your losses back in real money. But if these cashbacks come with no wagering requirement, there’s nothing better than that. They give you a risk-free approach to try your luck again.
Why do players love no-wagering bonuses?
#1 Instant Access to Winnings
Wagering requirements delay your withdrawals. This is where no-wagering bonuses give you an upper hand. You won’t have to worry about wagering the bonus and depositing funds if it’s a no-wagering bonus. You can just redeem the bonus, play the games, and cash out. It’s that simple.
#2 Lower Risk
The promotions that require consecutive deposits elevate your chances of losing more funds in case things turn south. Moreover, they often roll in complicated terms and conditions that make the redemption process hectic. You need to play more bets within a given period of time to redeem these bonuses. What’s more? If you cannot complete the wagering requirement, your bonus funds will be washed off.
No wagering bonuses eliminate all these hassles. You can just claim the bonus, play with it, and redeem it much more easily. There are no underlying terms that delay your payouts. Yes, they also come with validity, but there are no wagering requirements. So, you won’t have to make repeated deposits to claim them.
#3 No Hidden Terms
Many casino bonuses come with stiff wagering requirements and a ton of complicated terms and conditions. These harsh terms can make your withdrawals difficult and time-consuming. That’s where no-wagering bonuses come up as the rescuers. Typically, these types of promotions eliminate the barriers, making the entire bonus redemption process simple and most player-friendly.
Things to Watch Out For When Choosing No Wagering Bonuses
Even though no wagering bonuses are quite tempting, there are a few things to watch out for when choosing a wagering-free bonus:
#1 Game Restrictions
Certain no-wagering promotions, especially no-wagering free spins, are exclusive to particular games. So, always confirm which slots or games you can play with the bonus.
#2 Maximum Winnings
For most bonuses, no matter whether it’s wagering free or wagering required perks, there is a maximum winning cap. That means there is a limit on how much you can win and take out of no wagering bonuses. So, make sure this limit is generous.
Conclusion
No doubt, no wagering bonuses are truly tempting as they allow you to go risk-free. But when you are choosing a casino, don’t just look at its bonus profile. Make sure to consider other factors like licensing, security, games, and more. No wagering bonus gives you the luxury to try new games and grab amazing winnings. However, all these sum up to ensure a premium gaming experience. So, don’t compromise on any of them.