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Table of Contents
1 | What is a no wagering casino? | |
2 | How does a No Wagering Casino work? | |
2.1 | What is the purpose of wagering requirements? | |
3 | The Best Canadian Casinos Offering No Wagering Bonuses | |
4 | What types of no wagering casino bonuses are there? | |
5 | Differences between Low and High Wagering requirements | |
6 | Advantages of no wagering casinos | |
6.1 | No wagering slots: How do they work? | |
6.2 | Are there any exceptions to the rule? | |
7 | No Wagering Casinos & Bonuses: FAQs |
Online casinos throw in a lot of perks for both new sign-ups and existing players. Be it a welcome casino bonus; a no deposit bonus,free spins or merely a reload bonus, there is always an incentive for players to boost their bankroll.
All of these types of casino bonuses and promotions are well and good, but sometimes, casinos also attach ridiculous wagering requirements that make it nigh impossible to meet and gain access to your winnings.
Luckily for all of us, several top online casinos are offering generous bonus offers with no wagering requirements attached.
Check out the below list of no wagering casinos to get started!
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What is a no wagering casino?
Casinos with no wagering requirements are casinos that don’t have any wagering requirements or playthroughs attached to their welcome deposit bonus. This means you don’t have to wager your money several times before you can withdraw them.
Usually, when bonuses have wagering requirements attached to them, your winnings are converted into bonus cash which you must wager before they can be converted into real money.
No wagering casinos have simpler terms and conditions for players. Newbies usually aren’t well-versed in casino terms, and since they can’t understand what wagering requirements are, they tend to make large deposits without being able to meet these terms.
How does a No Wagering Casino work?
There is no catch when it comes to a No Wagering Casino. If anything, you know upfront what you are signing up to. Although the deposit no wagering bonuses might be on a smaller scale, you know well in advance that whatever you win from the said bonus is yours to keep.
Sign up to the no wagering casino of your choice, make a deposit to claim your bonus and play the games as specified in the terms and conditions.
Of course, you should not sign up to any no wagering casino. However, if they are mentioned on here at GambleGenie, you can rest assured that they have been tried and tested. We have checked that they are licensed by a reputable body and have been tested for security.
An online casino with a license from a reputable gambling authority is always considered trustworthy.
What is the purpose of wagering requirements?
Since online casinos are in the business to make money, they have to apply wagering requirements to deposit bonuses to turn over a profit. Because there has been a history of players abusing casino bonuses, casinos have to ensure that they are never left out of pocket.
If a casino gives you a 100% bonus on $25, you get $50 to play with. It does not mean you can walk away with $50. Otherwise, the casino ends up losing $25.
Since players are mostly playing for entertainment purposes, casinos convert the bonus into bonus cash which can only be withdrawn once the number of specified playthroughs has been met. The amount of the wagering requirements can vary from one casino to the next.
There are ones that have no wagering requirements whatsoever; the majority of casinos have it in the 35x region, and we have seen cases where the wagering requirements are at a massive 65x. The lower the amount, the better you stand a chance at cashing a withdrawal.
The Best Canadian Casinos Offering No Wagering Bonuses
You know you have got a good deal when a casino offers a no wagering casino bonus. We have reviewed the very best Canadian casinos that offer this option.
Online casino BGO is offering new sign-ups 10 free spins with no wagering that can be used on some of the industry’s top slot games such as Starburst, and Aloha! Cluster Pays, among others. You are free to use these no wagering free spins either on one slot or spread over some slots. Just remember, you get the chance to play free slots for real money.
You can also sign up to PlayOJO Casino which is offering up to 50 wager-free spins on the Book of Dead slot. This casino goes a step further and grants you 1 wager-free spin per $1 deposited up to $50. This means that you have better control of how many wager-free spins you get your hands on.
One of the best online casinos around Casumo also welcomes new players with 30 wager-free spins which can be used on online slot Book of Dead. You can even win additional free spins as you are playing your wager-free spins.
The other massive advantage of a no wagering casino is that you might also find additional exciting bonuses once you are there. If you get your hands on wager-free spins, you will get the chance to discover new slot games or might like the way this new casino is played out. All the casinos recommended on here at GambleGenie have all passed our rigorous tests. This also applies to no wagering casinos and their subsequent no wagering bonuses that have been checked for the overall online gambling experience.
What types of no wagering casino bonuses are there?
Since the online gambling industry is continuously coming up with ways to entice players to sign up to one casino or another, you can expect bonuses to change at a drop of a hat. Every day, new casinos are popping up vying for your attention and trying to get you to sign up.
The great thing about no wagering casino bonuses is that you have the opportunity of cashing out your winnings without having to meet playthroughs. That being said, they are on a smaller scale. You can’t expect as big a bonus as ones with wagering requirements.
Since casinos are offering bigger and better bonuses all the time, no wagering casinos have changed up their game, so players have a chance of withdraw their winnings.
Free Spins No Deposit 2020 No Wagering Requirements
No wagering casino bonuses can come in the shape of wager-free spins or as a wager-free bonus. As you can imagine, wager-free spins are free spins without any playthroughs, while the latter is a deposit bonus that also does not have any playthroughs attached.
The folks behind GambleGenie only promote trusted brands so you can rest assured that when you are signing up to any casinos with no wagering bonuses, you are guaranteed a tremendous online gaming experience.
Reload Bonus: This type of no wagering bonus is usually provided to existing players, who are likely to make more than one deposit. Casinos tend to grace loyal players with more rewards as a thank you for their continued loyalty.
Free Spins: Potentially the most popular type of no wagering bonus, a no wagering free spins offer, tends to be provided to new sign-ups. This promotion is usually capped, which means there is a limit of how much you can win from this promotion.
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Wager-free no deposit bonus: This is a rare type of no wagering bonus, but we have seen it. It works the same as a deposit bonus but without you having to make a deposit first. Essentially, you only need to sign up for an account and your account will be credited with wager-free bonus cash.
Differences between Low and High Wagering requirements
There is no size fits all when it comes to the terms and conditions of bonuses as set up by casinos. Each operator will have its own version which they will provide to new players. Many players tend to skip on these terms and conditions and want to start playing. However, paying attention to the number of wagering requirements is what makes excellent game-play and a superb online casino experience.
In the majority of the cases, the wagering requirements can be found somewhere in the middle tucked away in the terms and conditions. If you can’t find any wagering requirements listed and the casino is not promoting any no wagering bonuses, get in touch with a customer support representative to get further clarifications. It is always best to get in touch via live chat to get a quick reply to your questions and queries.
In the majority of cases, unless specified, casino bonuses come with wagering requirements. If you get a no wagering bonus, it is all well and good, but if your heart’s set on signing up to a casino with wagering requirements, the lower the playthroughs, the best is it is for you as you are more likely to cash out your winnings.
One of the many reasons why high wagering requirements are not recommended is that it can lead to somewhat risky gameplay. You can usually spot a bonus with high wagering requirements from afar as it is typically generous, and almost too good to be true. A generous bonus in our books often translates to high wagering requirements.
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Imagine you are offered a 100% bonus up to $500. To an inexperienced player, that sounds like a great offer, but if you are looking to cash out winnings and your bonus comes with 50x wagering requirements, it means you would have to make bets totaling to $25,000. The way we see it is, that if you are signing up to a casino to make money and not for entertainment and you are claiming a bonus with high wagering requirements, you are mostly wasting your time and throwing away money. Your chances of meeting the said wagering requirements are close to nil.
Advantages of no wagering casinos
At this point, you must be well aware of the benefits of signing up to a no wagering casino. The idea is quite appealing as the rewards are within easy of reach. Although the offers might be smaller and less generous, they offer you a good return on investment.
Vast choice of games: Sometimes with deposit bonuses with wagering requirements, they will only allow you to use your bonus on specific games. On the other hand, with no wagering casinos, once you have used up your bonus, you can either withdraw it or else use the winnings to play any game you wish.
Cash withdrawal: We cannot stress this enough, but the most significant advantage of a no wagering casino, is the fact that there are no playthroughs to meet, and thus, you will be able to access your winnings with ease. You can either request a cash withdrawal or continue playing.
No wagering slots: How do they work?
No wagering slots bring a smile to any player who loves playing online slots. No wagering slots are slots from which you can generate winnings that can be withdrawn right away. Operator Casumo offers 30 wager-free spins which can be used on the Book of Dead.
In order to play no wagering slot games, you must spin the reels on the slot game of choice. Since there are no wagering requirements attached to the offer, you are free to do as you please with any winning generated.
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Are there any exceptions to the rule?
This tends to vary from one casino to the next. However, in the majority of the cases, video slots contribute 100% to playthroughs, while games such as blackjack, roulette and baccarat only contribute between 0 and 5%.
This depends on the bonus and the number of wagering requirements attached to it. If the wagering requirements are low and you succeed in winning, there is an excellent chance to meet them. Keep in mind, that in the long run, the house edge always catches up with the player.
If Lady Luck is smiling upon you, there is an excellent chance to make a nifty win from your wager-free spins.
Yes. You have two options: Signing up for a no wagering bonus or else, renouncing your bonus and playing with the money deposited.
30x to 35x is considered the standard wagering requirement for casino bonuses. Of course, if you do find lower wagering requirements It is even better.