Players who love casino bonuses but are sick of the seemingly never-ending wagering of the bonus are sure to prefer no wagering bonuses. These are bonuses where the winnings are paid out directly as real money. Besides playing through the bonus, you won’t have to complete any more turnover. Simply play, win, and withdraw your winnings. It doesn’t get much better than that! If this is a type of bonus you’re interested in, check out the no wager bonuses featured below!
To understand the benefit of no wager bonuses at online casinos you first need to understand what a wagering requirement is. The term wagering requirements is the most common bonus term found at online casino sites. The requirements are typically listed among the terms below a casino offer and could be 20x, 30x, 40x, 50x, and so on.
Basically, a wagering requirement means that you have to play through the bonus amount a certain number of times before you can withdraw any winnings. As an example, let’s say that you open an account at a no wagering casino and make your first deposit. You deposit €10 and get a welcome bonus of 100%, which means that your account will be credited with €10 in bonus funds. If the wagering requirement would be 35x the bonus funds, that means you have to wager €350 to convert the bonus into cash and thus be able to make a withdrawal. In some cases, the wagering requirement applies to both the deposit and bonus funds. In this case, a €10 bonus with a wagering requirement of 35x would mean that you need to wager €700 before any winnings are converted into cash and become withdrawable.
A no wagering casino bonus is a bonus without the much-dreaded wagering requirement. That basically means that you won’t have to play through the bonus you get a bunch of times before you can withdraw your winnings. These bonuses are not very common, but it is still possible to get your hands on them once in a while.
A bonus without a wagering requirement is more or less like free money. What you get, or what you win, is instantly real money you can withdraw.
Your no wagering bonus can be both a deposit bonus and a no deposit bonus. If it’s a deposit bonus, you’ll have to play through your own money first. Then, if you lose, you can play through your bonus once, and what you win is paid out as real cash to your account. If it’s a no deposit bonus, you will get less than the minimum withdrawable amount at the casino. That way, you’ll have to play for the money and hope to win more so you can request a withdrawal.
A bonus without wagering is not necessarily cash money, as it can also be given as free spins. In that case, the bonus is likely called cash spins since what you win is real money. If you win enough to withdraw the winnings, you can do so whenever you like.
No wagering bonuses can come in different forms. The following types of no wager casino bonuses are the common to find at online casinos:
Getting free spins with no wagering requirement attached is perhaps the most common no wagering bonus you can get. This means everything you win from the free spins is real money that you can withdraw any time you like. These bonus spins are commonly called Cash Spins, and you can get them at a variety of different online casinos. There are no better bonuses than Cash Spins in terms of their less-restrictive bonus rules and the ease of claiming your winnings from a no wagering bonus.
It’s also possible to get your hands on a no wagering deposit bonus, but these ones have some rules you’ll need to comply with before you can cash out.
Just because there is no wagering requirement for your bonus doesn’t mean there are no bonus terms. Basically, all other normal bonus terms are most likely there. In some cases, these terms are stricter than what you find for bonuses that come with a turnover requirement.
Some common terms you might find include the max win term. This one sets a cap on how much you can withdraw from the bonus, and it’s more common for a no deposit bonus than a bonus requiring a deposit. Unlike most bonuses with a max win, a wager-free bonus can have a max win set not as a fixed amount but as a multiplier based on your lifetime deposits at the casino. That means the more you have deposited, accumulative since you signed up at the casino, the more you can win from a no wager bonus. Then again, the best casinos usually don’t have any terms related to max wins.
Other terms, such as which games you can and cannot play, which strategies you are allowed to use, and how much you’re allowed to bet, will still apply. So to find all the bonus details, ensure that you’ve read the full terms of the bonus before you accept it.
Here are the most common bonus terms attached to zero wagering or low-wagering bonuses:
Claiming a bonus not requiring a turnover is like claiming any other bonus. Some casinos will ask you to opt-in or activate the bonus from their bonus pages, from the notification centre when logged into your casino account, or by confirming that you want the bonus when you deposit. Once that’s done, the bonus will be added to your account.
If you just found the offer here at GoodLuckMate, all you have to do is click the ‘claim bonus’ button, and you’ll be taken to the casino. If you need a bonus code to claim the offer, it will be displayed alongside the bonus. Simply copy and paste it in when activating the bonus at the casino. If you haven’t played at the casino before, you can sign up by completing the registration form. If you already have an account with them, you can simply log in.
There are no extra hoops you need to jump through when withdrawing winnings from a bonus without a wagering requirement. At least not compared to winnings from any other bonus type. However, the casino might look a bit closer at any withdrawals stemming from a converted bonus than for winnings from a normal deposit. Still, as long as you’ve followed all the bonus terms, this won’t be a problem. The only difference would be that it might take a bit longer for the withdrawal to be processed, but usually, that’s not an issue. Most casinos process withdrawals within 24 or 48 hours, even if it has to be processed manually.
Finding a bonus that doesn’t require a turnover is not so much about finding a particular bonus as it is about finding casinos that choose to have these kinds of bonus terms. Some online casinos have this term for their free spins, while others have them for all bonuses. To find the best offers, have a look at the bonus offers we’ve found for you here at GoodLuckMate, and pick the one you like the best. If there is no wagering requirement mentioned in the small print of the bonus, it means it’s a no wager bonus.
When you’ve found a bonus, make sure you also like the other aspects of the casino by reading the full in-depth casino review we’ve done for you. If the casino has one bonus offer not requiring wagering, they’ll likely give you more offers like that as you play with them.