5 Great Reasons to Choose a No Wagering Casino Bonus in 2024
The battle for the best casino bonuses is an ongoing process and as things change and competition heats up in the iGaming industry, more and more new offers are made available. One of these is the no wagering casino bonus and in this article, we want to provide you with our top 5 reasons why this bonus is a great option for online casino players in 2024.
What is a No Wagering Bonus?
Casinos often apply wagering requirements to any bonus they give to players. A no wagering or zero wager bonus is exactly what it sounds like, a bonus that doesn't require you to meet any wagering requirements. Most players hate wagering requirements as it means they have to playthrough their bonus funds a set number of times before they can cashout their winnings. The playthrough can vary too from 30x up to 100x or higher. Our bonus wagering terms guide explains this in detail. With a no wagering offer, you don't have to worry about any of this and there are some other great reasons to choose it too.
5 Reasons Non Wagering Bonuses Should be Your Go To
While there are numerous reasons to choose a bonus that doesn't have wagering requirements attached to it, we have narrowed this down to our top 5 and detailed each of them below.
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#1 - No Wagering Requirements to Complete
The first reason has to be the fact that you don't have to complete any wagering requirements. This is a huge deal as many promotional offers require you to play through the bonus a fixed number of times to convert your winnings into actual cash. When you examine this, a $10 bonus could mean that you have to actually wager anywhere from $300 (30x playthrough) up to $10,000 (100x playthrough) before you can withdraw your winnings. When there are no playthrough requirements, whatever you win is yours.
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#2 - Keep What You Win (guaranteed withdrawal on wins)
You are guaranteed to be able to withdraw anything you win. This is another big deal and it can often be a reason why players will choose to sign up and claim the casino bonus. You literally get to keep your winnings without any fuss. You don't have to calculate how much you need to spend or how many games you need to play. You don't have to worry about contribution percentages either. You just play the casino games and when you win, you can choose to cashout immediately.
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#3 - Take Advantage Bigger Bonuses Like 200% Match Offers
When you don't have to worry about wagering requirements, you get to take advantage of bigger promotional offers like the 200% welcome bonus at online casinos. With this you get to triple your deposit and with no playthrough you can deposit more and claim the maximum offer. With standard bonuses, you might only deposit the minimum amount so that you have the chance to clear the wagering requirement but with a no wager offer, you can increase your budget and get the maximum value instead. There is no need to spend any additional money.
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#4 - Faster Withdrawals
It goes without saying that if you don't have to clear the playthrough you will get faster withdrawals. There is no need to worry about meeting expiry deadlines, checking on game contributions, or making sure you have played through your bonus enough times. With non-wagering promos you play, you win, and you withdraw. It's as simple as that. You will still be required to complete the KYC and verification checks if it's your first payout but it's still a lot faster in the long run.
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#5 - No Complicated Terms and Conditions
Regular casino bonuses come with a plethora of terms and conditions attached to them. These include the wagering requirements, how long you have to clear the playthrough, game contribution percentages, maximum bet, expiry, and so on. With a no wagering casino bonus most of these are obsolete. You can focus on just enjoying the casino games, spinning the reels, and hopefully winning some nice cash amounts. There are some terms and conditions but these are usually straight forwards and we've detailed them further down the page.
Types of No Wagering Bonuses
There are a number of different types of bonuses that casinos offer without wagering requirements and these are detailed below.
Free Spins with Zero Wagering : This offer is becoming increasingly popular at online casinos. The free spins are usually tied to a specific slot or a selected number of titles (usually the most popular) and the number of spins can vary. It will be a predetermined amount and can go up to 200. The no wagering spins can often be tied in with a first deposit bonus and there is a set value such as $0.10 on each spin. You will be able to withdraw your winnings from the free spins immediately and these are a great way to test out new games without risking any of your own money.
Deposit Bonuses with No Wagering : This can come in the form of a first deposit bonus or as part of a welcome package. For example you might get a percentage match along with non-wagering spins on your first deposit followed by additional matches on the next two or three deposits. It could also be a percentage match without free spins and no playthrough required on the bonus cash. Without having to meet any wagering requirements, you will be able to withdraw your winnings much quicker. The percentage match can vary from 100% up to 300% or more.
Wager Free No Deposit Codes : This has to be the best type of casino bonus to claim. There is no deposit required and no wagering. It's a complete win and the most generous offer you'll come across. Of course, it is the hardest to find too. The majority of no deposit bonuses will have high wagering requirements and strict terms and conditions, but if you do come across one without a playthrough attached you should grab it immediately. It's a great way to try out a new casino and get to withdraw any winnings with absolutely no risk.
Reload Bonuses : Reload bonuses are special offers received after the welcome bonus and often recur every week or month. They are for regular players and while they may come without the need to meet any wagering requirements, you will be required to make a deposit in order to claim them. They can be in the form of percentage matches or free spins. These are a great way to boost your winnings when you make a deposit.
Cashback : Cashback bonuses are usually part of a loyalty reward and they are a percentage of your losses back every week or month. While the majority of cashback bonuses will have low wagering requirements, there are no wagering types available too and they allow you to receive a percentage of your losses back without having to work off a playthrough requirement on any wins you might have. Percentages for these offers can vary from 10% up to 25% so if you were to lose $100 during the time period you would essentially receive $10 to $25 back from the casino to play with.
Terms & Conditions for Casino Bonuses with No Wagering
While you won't be subjected to wagering requirements, there are still some terms and conditions that you should be aware of before you redeem any promotional offers. We have listed these below.
- Restrictions on Games: The terms and conditions will state the games you are allowed to play with your no wagering bonus and quite often, this is a very small selection. You will need to read the terms before claiming the offer to make sure the available games are ones you want to play.
- Minimum Deposit Amount: You will be required to make a minimum deposit in order to claim a bonus that has zero turnaround attached to it. The minimum amount will be stated in the terms and can vary from $10 up to $20. It is also important to note if there are any payment methods that cannot be used for bonuses. Typically, Neteller and Skrill cannot be used to claim casino promotions.
- Capped Winnings: It is not uncommon to find that there will be a cap on the amount of money you can win when using a no wagering bonus. Most casinos will impose a limit as they do on no deposit bonuses. The maximum amount you can win will be listed in the terms and if you win more than this amount, you will not be able to withdraw anything over the cap. If the max amount is $100 and you win $150, you will only be able to withdraw $100.
- Free Spins Value: If you receive no wagering spins, the value of the spins will be set by the casino. Some can be as little as $0.01 but the majority of the time they are set at around $0.10. It is important to check this before you start playing and look at the slot's paytable so you can get an idea of what winning spins will be worth.
No Deposit vs No Wagering - Which is Bonus Better?
There are many new players who confuse these two types of offers and many who wonder which one is better. To help with this, here's an explanation of both and why you should claim them.
No deposit bonuses are special offers that you receive when you create a new player account at a casino and are not required to add any money to your account. You essentially get some free money or free spins to test things out. There are specific terms attached that you must follow before you can cashout your winnings. This often includes the fact that you have to wager your bonus a certain amount of times before any winnings become cashable.
The no wagering bonus on the other hand will often require you to make a small deposit first but the big difference is that you won't have to meet any playthrough requirements and anything you win is yours to keep.
In terms of which one is better, that will depend on you. If you don't want to spend any money and you just want to try out a new casino without any risk, the no deposit bonus is great. If on the other hand you want to play games, don't mind making a small deposit, and want to cashout your winnings straightaway, the no wagering casino bonus will be the better option. Both have their own advantages and restrictions so be sure to understand everything before you make your decision and ensure the casino you decide to play at is licensed and regulated by a reputable authority such as the MGA, UKGC, Kahnawake Gaming Commission, or Curacao Gaming Control Board.
FAQs
What is a no wagering casino?
No wagering casinos are casinos that offer bonuses that don't require you to meet any playthrough requirements in order to keep your winnings.
Can I get free spins with no wagering requirements?
Yes, you can. There are quite a few casinos that offer free spins with zero wagering. The free spins can form part of a sign up bonus and are a great way to test out a new site and new slots games without any risk.
Do all online casinos offer no wager bonuses?
No, they don't, however, the number of sites with these special offers does seem to be growing.
Can I get a no deposit no wagering bonus?
While these are rare, they do tend to pop up on occasion. The maximum amount you can win is capped and they usually come in the form of no deposit free spins. They are worth looking out for though.
Are casinos that offer zero wagering safe?
Yes. As long as they hold a valid license they are safe and regulated.