A Complete Guide to No Wagering Requirement Bonuses
Best No Wager Bonuses 2021
By reading this article, you will learn valuable info on no wagering requirement bonuses such as:
Casino bonuses come in all shapes and sizes but serve a single purpose: to promote the casino and attract new customers. There are various types of bonuses casinos offer, like the deposit and no deposit welcome bonuses that give bonus funds and free spins, reload bonuses, and many others. But, no matter how different these bonuses are, most of them have one common characteristic — the bonus wagering requirements.
However, there are bonuses that, in fact, are wager-free and are known as the no wagering bonuses. Many casinos choose to offer no wagering bonuses to both new and existing players as a risk-free way of testing the casino or new casino games.
This complete guide to now wagering bonuses will tell you all you need to know about this particular type of bonuses so you can take full advantage of them and maximize your chances of winning.
What is a No Wagering Bonus?
As their name suggests, no wagering bonuses belong to a group of casino bonuses where players can withdraw winnings associated with the bonus funds and free spins that come from the bonus promotions without having to meet the wagering requirement first. Before we continue with the no wagering bonus types and other characteristics, let’s take a closer look at what exactly a wagering requirement is.
What Are Wagering or Rollover Requirements?
Wagering requirements, aka rollover requirements, are an indelible part of most casino bonuses, but not all of them. It is best that we clarify what wagering requirements are and how they affect players so that you can understand the full meaning of no wagering bonuses.
First of all, wagering requirements can be seen as the number of times a player needs to wager the amount of the bonus funds before being able to withdraw any winnings generated by the bonus funds. In case of bonuses that reward players with free spins, wagering requirements refer to the amount of the accrued winnings. Players are required to wager that amount multiple times before cashing out.
Wagering requirements are usually represented by a number and a multiplication sign, like 35x that means players need to wager the amount of the bonus 35 times before making a withdrawal request.
For example, a newly-registered player makes a €100 deposit and receives a 100% deposit match bonus from a casino that gives them an additional €100. The casino has a 40x wagering requirement stated in the bonus’ terms and conditions. This means that the player needs to wager €4,000 before withdrawing any cash generated by the bonus funds.
The bonuses that have specific wagering requirements also have a designated validity period, or expiration. In case you fail to reach the wagering requirements in the indicated period, your bonus funds and free spins will become void and forfeit.
No Wager Bonuses Have Zero Rollover Requirements
The ace in the sleeve of no wager bonuses is exactly the fact that they do not have any wagering requirements attached to them. All types of gifts a casino gives to you as a new player or to any of the existing players will have no rollover requirements, meaning you can withdraw the winnings generated from the bonus funds without having to wager them a number of times.
No wagering bonuses represent what is globally known as free casino bonuses, as they are not burdened by rollover requirements. However, that does not mean that some rules don’t apply to these bonuses as well. Namely, no wagering bonuses might not have wagering requirements, but they do have other limitations and conditions.
First of all, most of these no wagering bonuses can only be used on specific casino games and from specific providers. Usually, you can only use them on slots and a small number of casino table games.
Secondly, the majority of no wagering bonuses have a betting limit attached to the bonus funds or free spins players receive as a part of the promotion. The wagering limits tell you exactly how much your spins on slot machines or hands on casino table games can be worth when you use the bonus funds or spins, and that sum is usually between €0.10 and €1 per spin or hand played.
With that betting limit in mind, we come to the next characteristic of no wager bonuses, and that is the maximum win cap. Casinos set a limit on how much you can win when playing with no wager bonus funds. If they didn’t, then you would bleed them dry. By introducing a win cap on no wagering bonuses, casinos are protecting themselves from major losses while still giving you a chance to win some cash. The maximum win limit varies from casino to casino, but would rarely exceed €100.
Types of No Wager Casino Bonuses
No wager casino bonuses appear in several frequent forms in most online casinos. Let’s see what those forms are.
No Deposit Wager-Free Bonus
One of the most frequent forms of no wagering bonuses is the one that is also a no deposit bonus. The no deposit bonus is a bonus assigned to players who register their accounts at an online casino for the first time. With their registration, players receive a certain amount of bonus cash from the casino without having to make a prior deposit. The no deposit bonus can be considered “free cash” that the casino gives you to test their games and see if you like the playing atmosphere and games at that online casino before making a deposit.
This bonus is a superb choice considering that it comes with no wagering requirements, which is why it is so rare to find. A no deposit bonus that also has no wagering requirements is not something you will see in all online casinos on the market, but some casinos actually employ this strategy to attract new customers.
If you are skeptical about this whole “free money” business, especially when knowing it has no wagering requirements attached to the no deposit bonus, you should know that there are some restrictions.
First of all, the amount you get from the no deposit and wager-free bonus usually hovers around €5 and rarely goes over €10. Moreover, the winnings you can make are always capped at around €20 or a bit more, depending on the casino, which is how a casino protects itself from losing much.
In addition, with the no deposit wager-free bonus at play, you won’t be able to bet on progressive jackpot games and earn vast amounts. Usually, the list of games will be very specific and almost always limited to slots, even penny slots, which helps a casino limit how much you can win.
The main difference between the regular no deposit bonus and the no deposit wager-free bonus lies in the wagering requirements. The regular no deposit bonuses always have a wagering requirement players need to meet in order to withdraw the winnings associated with the bonus. That wagering requirement goes from 10x to 50x times the amount of the bonus. With the no deposit wager-free bonuses, there are no wagering requirements and players are allowed to cash out what they win.
No Deposit Wager-Free Spins
Another frequently seen no deposit bonus that also has no wagering requirements is the no deposit wager-free spins bonus. Players will receive this offer as a part of the welcome promotion they can claim once they register an account in an online casino. Once they register an account, the casino will give them a number of free spins they can use on selected slot games without asking for a deposit.
The best part about these no deposit free spins is that they are completely wager-free. All wins that come from the spins can be cashed out. However, there is also the well-known limitation at work here and it tells us just how much players can win from the free spins, and that number is no more than €10 or €15. If you happen to win more from a spin, all winnings that go over the limit will be considered void. Also, the number of spins players receive is rarely more than 10. In addition, the maximum bet value of the no deposit wager-free spins is between €0.01 and €0.25.
Deposit Wager-Free Bonus
Probably the most common form of casino bonuses is the deposit bonus. The deposit bonus requires players to make a certain deposit which is then usually matched in bonus funds by the casino. The deposit match bonus is frequently a part of the welcome promotions designed to attract new players, but can also be found in reload bonuses the existing players can benefit from when they make recurring deposits.
When deposit bonuses are part of the welcome bonus packages, they frequently appear as deposit wager-free bonuses. New players who make the first deposit will receive bonus cash from the casino, and that bonus cash will have no wagering requirements. The minimum deposit required to activate the bonus differs from casino to casino, but the amount usually corresponds to the minimum amount payment methods can process for that casino.
For every deposit you make, a casino will give you a certain amount in bonus cash you can spend on designated games and cash out any wins generated from the bonus amount. However, there is always a win cap to bear in mind that casinos impose to protect themselves from losing too much.
When compared to the wager-free bonus funds that come as a part of a no deposit bonus and the wager-free bonus as part of the deposit bonus package, we see that the amount you get from a deposit wager-free bonus is usually higher than the one from the no deposit bonus. This way, the casino rewards you for choosing to deposit at that particular casino.
The amount you get is usually around €10, but some casinos might even give you up to €20 as a deposit wager-free bonus. However, the more you deposit, the more wager-free bonus funds you receive.
Deposit Wager-Free Spins
When it comes to no wagering casino bonuses, the most ubiquitous form they take is the form of free spins. Casinos reward all new players who make their first deposit upon registering an account with a number of free spins they can use on indicated slots.
The number of free spins varies from casino to casino. For example, PlayOJO casino currently gives 50 free spins on Play’N GO’s Book of Dead slot game with a €10 deposit. Some casinos might even give up to 200 wager-free bonus games but would ask for a slightly larger deposit.
The value of free spins is set at no more than €0.10 per each spin, and there is almost always a limitation as to how much you can win. However, some casinos might even offer wager-free spins with no betting limits or win caps. That is a risky endeavor, but the ploy can prove to be the most rewarding, as it will attract a lot of new customers who will have a risk-free opportunity to come away with a win.
Cashback No Wagering Bonus
Cashback no wagering bonuses are the perfect type of no wagering bonuses for high rollers. Since you can’t expect to win every time you play casino games, it is great to have a bonus that can reward you even when you lose. Namely, cashback bonuses are bonuses that give players back a percentage of the money they wagered and lost on certain games.
These cashback bonuses are activated when a certain sum is wagered and lost, and they may occur on a specific day. For example, if a player wages €100 on Starburst slot and loses that, and the casino has a 10% cashback bonus, the player will receive back €10 as compensation for their loss. These cashback bonuses assume the form of no wagering bonuses, and players can use the funds as they would their own cash.
However, the cashback no wagering bonuses may have a limitation as to how much a player can win from using the cashback no wagering bonuses and how much each spin is valued.
How to Claim a No Wagering Bonus
Claiming the wager-free bonuses is pretty straightforward and is completed in a few simple steps.
Choose a No Wager Casino and Register an Account
The first step towards getting hold of the no wager bonuses is the registration process. All players who wish to start playing at a casino need to register an account. To register an account, you need to input personal information such as your email address, country, city, phone number, and so on.
It is important to check whether or not your country of residence is among the restricted countries. Some legal issues related to online gambling in some countries might be an obstacle to your joining the casino and claiming the bonus, so you should check that out before signing up.
Once you set up an account, you will be automatically credited with the no deposit wager-free bonus, in the form of either bonus cash or free spins, or even both, depending on the casino. Sometimes, players are required to contact the customer support team in order to activate the no deposit wager-free bonus. The customer support teams are usually available through live chat service, email, or even phone contact. Once you contact the customer support team, the wager-free bonuses will be available on your account.
Make a Deposit for the Deposit Wager-Free Bonuses
Casinos that offer no wagering welcome bonuses and promotions require players to make a deposit before being able to claim the no wager bonus offer. Most casinos offer a variety of payment methods ranging from credit cards, e-wallets, online banking, cryptocurrencies and bank transfers in multiple fiat currencies. The deposits are processed instantly and reach your casino account in a matter of minutes. Once a casino registers your payment, the bonus funds will be credited automatically to your account. If not, you need to reach out to the customer support team which will help you activate the deposit wager-free bonus funds and free spins.
Enter a Bonus Code
Online casino bonuses sometimes have additional conditions and characteristics players need to be aware of when claiming no wager bonuses. Namely, no wagering bonuses might have specific bonus codes players need to type in when claiming the bonuses, especially if they are deposit wager-free bonuses. For the no deposit wager-free bonuses, these bonus codes won’t likely be required.
The bonus codes are usually found on the casino’s promotions page, but sometimes you can locate them on various casino review sites. The bonus codes are represented with a series of numbers and letters that usually correspond to the name of the casino and the no wager bonus.
Use the No Wager Bonus on Selected Slots
The no wager or wager-free bonuses that casinos issue are always related to specific games. Mostly, these games would be world-famous slots by top software providers such as NetEnt, Microgaming, Play’N GO, and others. The slot titles you will most likely find are Starburst, Book of Dead, Gonzo’s Quest and many other slots with good RTP percentages and jackpots.
However, you won’t be able to use the bonus funds of free spins on live casino games and most of the table casino games like roulette, blackjack, and baccarat.
Some players might think that the reason why some slots are used for no wagering bonuses is that these slots are rigged. This is absolutely false. The actual reason is that these games are popular and most players love playing them, which is why no wagering bonus promotion is based on them.
Other than that, these slots retain all the same technical characteristics, paylines and payouts as when played with regular money or in free play modes.
How to Choose the Best No Wagering Bonus
We are sure you have grown tired of seeing casinos advertising “huge” bonuses, “zero” wagering requirements, and using other tricks to get you to sign up and claim the bonus. Then, when the moment comes to use the bonus, you see that it is full of flaws and undisclosed terms and conditions that make it impossible to win any cash from it.
The issue was even addressed by the United Kingdom Gambling Commission in 2017. The UKGC called on all online casinos to transparently demonstrate all terms and conditions of bonuses and the limitations that apply.
However, we can’t be sure that casinos abide by this rule, so we have come up with a couple of directions you can rely on when choosing the best no wagering bonus.
Read the Terms and Conditions of the No Wagering Bonus
Before you opt for any casino bonus, especially the one that seems too good to be true, make sure to read its terms and conditions. The bonus terms and conditions contain all the details regarding the bonus. If it is a no wagering bonus, you will check whether it has any other limitations, like the betting limits or the maximum win cap.
Also, if the no wagering bonus is awarded to you when you make a deposit, the terms and conditions page will tell you how much you need to deposit to claim the bonus. Moreover, the no wagering, and any other type of bonus, has a validity period during which you need to use the bonus funds or free spins before they become void. If the no wagering bonus comes by way of depositing funds to your casino account, the T&C’s will tell you whether there are any payment methods you can’t use to activate the promotion.
Play at Reputable No Wagering Casinos
Another caveat to have in mind when choosing the next no wagering casino to set up an account and enjoy the no wagering bonus is how reputable that casino is. There are virtually thousands of online casinos on the market, and most of them will market massive bonuses and promotions, so it is fairly easy to get confused and finally end up swindled.
To avoid being played out by a casino, you need to check if that casino belongs to the group of reputable casinos or not. In case you are wondering how to tell if the casino is reputable or not, the answer is pretty simple: reputable casinos are licensed casinos with licenses from top gaming jurisdictions in the world, like the United Kingdom Gambling Commission, Malta Gaming Authority, and many others.
If a casino has licenses from any of these, you can rest assured it is fair and its bonuses have no hidden backstops the casino can use against you.
Also, you should browse the web and look for extra information from players themselves. Read the casino reviews and look for testimony from the players who have already used the aforementioned no wagering bonuses. These testimonials can be the tipping point in your decision.
Do you Prefer No Wagering Bonus Funds or Free Spins?
A key question you need to ask yourself is what kind of bonus do you personally prefer. Some players prefer to have a number of free spins at their disposal even if those spins would only be restricted to a single slot. If you belong to that group, then the no wagering free bonus spins are the right choice for you and you should look for casinos that offer them. With no wagering free bonus spins, you would have a clear idea as to how much you can cash out from those spins and what is the value of each spin.
On the other hand, there are players who prefer to receive a certain amount of bonus funds and decide for themselves on which games to spend it. Of course, the betting limit and winning cap would still be there, but the choice of games would be broader and thus more freedom of choice is achieved.
In both cases, no wagering requirement bonuses are the most efficient ways of starting a casino adventure which might bring more than one treasure chest in the end.
No Wagering Requirement Bonuses vs. No Deposit Wagering Requirement Bonuses
Apart from the obvious difference between wagering and no wagering requirement bonuses, there are a couple more characteristics that speak to the advantage of both types of bonuses.
For example, a regular no deposit bonus brings between 10 and 15 free spins when it is a part of the welcome bonus. These spins have a betting limit between €0.10 and €1 per hand at best. Also, in order to withdraw the winnings, you need to meet the wagering requirements that require the sum of the bonus to be wagered 10x to 50x.
On the other hand, the no wagering bonus gives the same number of spins and still allows players to withdraw all winnings generated from the bonus spins. The limit on how much you can win from no wagering bonus spins is indeed smaller than what we normally see in no deposit spins with wagering requirements, but the saying “a bird in the hand is worth two in the bush” has great merit here.
Of course, if we take into consideration the no wagering requirements bonuses that demand a prior deposit, then the no deposit bonus of any value and kind takes the upper hand. However, with a deposit, the number of free games and bonus funds is considerably greater, which might hold sway over the regular no deposit bonus.
No matter which one you choose, the most important thing is to use it wisely and with a clear strategy that starts with choosing the bonus and online casino, then moves on to reading the bonus terms and conditions carefully to see what exactly the bonus brings.