As the internet and technology in general continue to grow and evolve, so do online casinos, with modern players consistently seeking out new ways to optimise their online gaming. If you’re familiar with casinos and their welcome bonuses offers, then you must also be aware of wagering requirements, which essentially require you to play your bonus over a predetermined number of times in order to convert that bonus into real cash.
Let’s say you’ve bagged a $100 bonus with a 35x wagering requirement for example. This implies that you’re going to need to play $3,500 over before any of that cash is transferred to your actual bankroll – but what if we told you that there’s a way to bypass all of that? In case you were wondering where to look for such casinos, you’re able to look up an entire list of such providers at NoDeposite365.com.
What’s a No Wagering Casino?
A no wagering casino is one that offers a number of bonuses that do not include the wagering we’ve just spoken of – but is this too good to be true? Of course, we’d always advise taking your time to really understand those T&Cs before financially committing to anything, however most of the times you’ll be pleased to discover that there are no strings attached. All that’s generally required is signing up to a new casino and making a first deposit, with the casino then providing a direct cash injection straight to your bankroll.
As always however, you’re going to want to keep the fine print in mind when signing up to a new casino. The first thing you’re going to want to make absolutely sure of is that this casino is fully licensed and regulated in your country. This offers the peace of mind in knowing that should any incidents occur you’re backed by a regulatory body that will ensure there’s no going back or ‘changing their mind’ should you happen to land a massive win using that bonus.
In order to get a better idea of what’s going on from an insider’s perspective, wagering requirements are generally implemented in order to protect online casinos from a financial point of view. However, from a player perspective there’s always the chance of losing your winnings completely while trying to fulfil the set parameters.
Different Types of No Wagering Bonuses
Even though casinos will always try to get creative, the basic framework with wagering bonuses remains the same. Here are a couple of different types you might expect to come across.
- No wagering deposit bonuses
- No wagering free spins
- No wagering cashbacks
- No wagering cash drops
No Wagering Deposit Bonuses
This is probably one of the most common types of wager-free bonuses out there, and what this actually means is that the casino will reward you by paying back a percentage of your actual deposit. So let’s say you’ve just claimed a 10% bonus on a $100 deposit, this means that you’ve got an extra $10 in actual real cash funds – how cool is that?
<H3> No Wagering Free Spins </H3>
If you’ve ever looked at the fine print with regards to how free spins work, you’ll come to the realisation that they’re not really free after all. This is mostly because the wagering requirements could potentially detract you from cashing out on any wins. In this case, wager-free spins are pretty much ‘what you see is what you get’. Get those reels spinning and find out what the reel gods have in store for you – and walk away with 100% of your wins, straight into your account.
No Wagering Cashbacks
The concept of a casino cashback is really interesting. Whenever you sit down to play your favourite game, statistically speaking there’s a 50/50 chance you win or lose. Now the cashback automatically increases your chances, with the casino committing to return a percentage of your total house wins for the week, crediting them directly back into your account in real funds.
No Wagering Cash Drops
Now even though cash drops are probably the rarest form of no wagering bonuses out there, they are also quite possibly the most special. In this case, a casino will choose to deliberately add real cash to your account as their way of thanking you for your loyalty. In this case, your balance is credited in real time allowing you to play a couple of rounds ‘on the house’.
Pros and Cons of No Wagering Bonuses
Pros
- What’s not to love about free money?
- You get to keep all of your winnings
- As long as you meet the casino requirements you’re able to request a withdrawal
- Extra bankroll, extra game rounds, extra fun
Cons
- Not as common as you’d think – but we’ve got you covered
- Could be restrictive e.g. only allowing you to play a specific game
- Sometimes will increase your withdrawal limits
