What’chu Talkin’ Bout! How Can I Play Without Wagering Requirements?
Things are looking up in the gambling industry, especially when it comes to playing online casinos. More and more regions are getting regulated and we’re also witnessing a stronger focus on safer gambling measures. Another way in which casinos are upping their ante is by offering their players more advantageous perks. No wagering bonuses is one of them.
To start with, what are wagering requirements? These requirements stipulate the amount of money you must wager, or gamble, before you can withdraw your winnings. Therefore, you usually cannot claim winnings at your whim, but the game itself specifies how many times you should wager your winnings. For instance, most casinos require a playthrough of 40-60x the amount of your bonus, meaning that if you claim a €50 bonus, you must wager €2,500 with a x50 playthrough.
But isn’t this an added obstacle to claiming your bonus funds? Is there a way of bypassing these wagering requirements? As ‘too-good-to-be-true’ as they may seem, no wagering casino bonuses do exist. However, you need to understand they still come with certain conditions which need to be fulfilled. Moreover, the potential prize money to be won may be considerably lower. Therefore, you need to decide whether it’s worth your while.
Let’s explore further what no wagering bonuses can offer you and what you need to look out for.
Advantages of No Wagering Bonuses
No wagering bonuses offer great benefits to players, and they’re especially popular with newbies and low rollers. The following are some of the perks you can enjoy with no wagering bonuses.
A great way to build your bankroll
If you don’t have a lot of money to wager, a no wagering bonus can be a good place to slowly start building your bankroll. It’s understandable why such bonuses are so popular among first-time casino players and casual players.
Instant gratification
You can claim your winnings instantly and you also have the option to keep all the money you win from deposits and your bonus, without the need to wager your funds over and over again.
An opportunity to play more games
Rather than having to wager what you earn, you have the opportunity to use the money you win on different games, thus gaining more experience and maximizing your potential for further winnings.
No need to worry about games’ contributions to wagering requirements
Whereas with a normal bonus you’d need to check whether a particular game contributes to the wagering requirements, in this case, you needn’t worry about it.
Disadvantages of No Wagering Bonuses
No wagering bonuses do not come without their limitations. The following are the main drawbacks of these bonuses:
Lower in value
Compared to their standard bonuses counterparts, their value is much lower. Even if you win free spins, the number of free spins you get is rather low.
Lower cash-out limits
The maximum amount of money that you can take in a single transaction would be less than the amount you can cash out with standard bonuses.
Hard to find
It’s not so easy to find a no wagering bonus, although you can make use of several online guides by casino experts that can pave your way to make your hunt easier.
These bonuses are typically associated with one specific game or a type of game
While you needn’t check whether a particular game contributes to the wagering requirements since there are none of these involved, these bonuses are typically associated with one particular game or with a specific type of game. Many times, no wagering bonuses are associated with slots.
Things To Look Out For Apart From The No Wagering Bonus
A no wagering bonus is definitely an attractive perk to hunt for, but there are other crucial factors that you should keep your eyes peeled for. We are listing the main 5 below:
1. Bonus Terms and Conditions
All bonuses, including no wagering bonuses, come with a set of terms and conditions which you should be familiar with. We get it; it might be daunting to read the fine print, but you won’t be able to make the best of the bonus if you’re not aware of the strings attached to it. Failing to go through the terms and conditions and getting their gist may very well cost you winning real money in the long run.
2. Gambling License
Never play on unlicensed sites. Information about a casino’s license is usually found at the bottom of the site. Read about the casino prior to placing your bets and make sure that it’s licensed by a legitimate licensing authority such as the following: Isle of Man, Alderney, Gibraltar Gambling Authority, Malta Gambling Authority and the UK Gambling Commission. Being licensed by one of these reputable authorities ensures, among other things, that games are fair and that any data you divulge is secure.
3. Customer Support
Newbie or not, you’re gonna need customer support at some point or another. To ensure that the casino takes good care of its players, you might want to ask around, read reviews and peruse casino guides. It would also be a good idea to check out their socials. This can get you an idea of how the casino engages with current and potential customers.
4. Game Providers
While claiming a no wager bonus is awesome, you need to make sure that the casino actually provides the games you want to play. It would be helpful to go for the leading providers. That way you can make sure that the games you play are fair and random.
5. Supported Payment Methods
No matter which bonus you get, you’ll need to use a payment method to deposit your funds. Therefore, you must check whether a bonus is available only to a specific payment method and whether it can be withdrawn using your preferred payment method. It’s useless choosing a bonus which you can’t actually withdraw with your means of payment. The most popular payment methods at online casinos are debit/credit cards, direct bank transfers, e-wallets, Paysafecard, Trustly and cryptocurrencies.
