Nowadays, the no wager or no wagering bonus has become a highly sought-after and popular casino bonus. But what exactly is a no wagering bonus? Translated from English, it actually means a bonus without wagering requirements.
Why Choose a No Wagering Casino Bonus?
A no wagering bonus, as the name suggests, does not require any wagering, making it easier for you to access your winnings at the casino. Let’s consider two different bonuses
Example 1: 100% Bonus up to €100, with a 40x wagering requirement. If we choose this bonus and deposit €100 to receive a €100 bonus, we must wager €100 x 40 = €4000 before we can request a withdrawal of the bonus. Only after placing €4000 in bets will we fulfill the wagering conditions of the bonus, which is quite risky, right?
Example 2: 100% bonus up to €100, no wagering. In this case, if we deposit €100 and receive a €100 bonus, we can request a withdrawal as soon as we wager our deposit just once, and the bonus does not require wagering. This means we only need to wager €100 before we can request a withdrawal. However, be aware that no wager bonuses can be sticky or non-sticky. In the case of non-sticky bonuses, the bonus amount will be deducted from your account balance upon withdrawal. Practically speaking, this means that the casino lends you €100 in bonus funds for play, and then takes it back when you make a withdrawal.
What Are the Advantages of a No Wagering Casino Bonus?
Since no wager bonuses do not require wagering, the risk for the player is significantly lower, making it easier to reach a withdrawal. There are various types of no wagering bonuses; in most cases, the online casino simply lends the player a bonus and deducts it upon withdrawal. This way, the online casino provides a bonus that can enhance your chances of winning and increase your betting funds.
Best online casinos for no wagering bonus
Where Can I Find a No Wagering Casino Bonus?
No wagering bonuses are currently harder to find than traditional wager bonuses or bonuses that require wagering. This is mainly because no wager bonuses are riskier for the online casino, as they allow players to access their withdrawals more easily.
No wagering bonuses are primarily offered by new online casinos, allowing them to compete more effectively in the market since these bonuses are highly sought after and attractive to players. You can also find no wagering bonuses at online casinos listed on Casino Dot Review.
What Are the Alternatives to No Wagering Bonuses?
The only real alternative to no wagering bonuses are casino bonuses that have a low wagering factor. This includes bonuses with a wagering factor of 25x or less. This way, the online casino offers much easier conditions to meet the bonus requirements than other casinos, thus attracting more players. For the online casino, a lower wagering factor means a greater risk for them, while a higher wagering factor allows them to better protect themselves against losses. Bonuses with low wagering requirements also typically have lower bonus amounts compared to those with high wagering factor.
What Types of No Wagering Bonuses Do We Know?
There are several types of no wagering bonuses; let’s look at which ones are most common in online casinos today
- Sign-Up Bonus
Online casinos offer a wager-free bonus upon registering at the casino, most often in the form of free spins. These spins do not require any wagering but are usually capped at a maximum payout. - Free Spins
No wagering free spins are a type of bonus where the casino grants free spins that do not require wagering. Typically, these free spins are limited to a maximum payout amount. - Wager-Free Welcome Bonuses and Reload Bonuses
A wager-free bonus is a standard offering of all casinos that provide no wagering bonuses; you can receive a 50%, 100%, 150%, or even 200% wager-free welcome bonus. This allows you to easily increase your betting funds without the risk of needing to wager thousands of euros before you can withdraw.
What Are the Pitfalls of No wagering Bonus?
Of course, in addition to the positives, there are also negative aspects of no wagering bonuses. This is logical, as online casinos primarily aim to minimize their losses, and losses can be significant with bonuses. While it sounds great to receive a bonus that doesn’t require wagering, you should also be aware of the downside. Because these bonuses don’t require wagering, online casinos often impose a maximum withdrawal limit on them.
This means you can only withdraw 5x, 10x, or a multiple of the bonus amount. This safeguards them against excessive losses considering they awarded a no-wagering bonus. Practically, this means that if you take a €100 no wagering bonus and win €15,000, you won’t be able to withdraw more than 5x or 10x the bonus. In this case, your withdrawal would be limited to €500 or €1,000. That’s not very pleasant, is it?
What Do We Recommend Before Taking No wagering Bonus?
We recommend wager-free bonuses for recreational players who deposit relatively low amounts. If you’re looking for a casino bonus that won’t cause you too many headaches and isn’t too risky for withdrawal, then a wager-free bonus is perfect. Given that your withdrawal will be limited to the amount due to the easy wagering conditions, this bonus is excellent for those players who don’t seek high risks and substantial winnings. However, if you consider yourself a high roller, we definitely advise against wager-free bonuses, as they will limit your maximum withdrawal. No wager bonuses are also very popular among bonus hunters, who exploit this type of bonus for their profit.
How to Choose a No wagering Bonus?
- Prepare a list of online casinos that offer wager-free bonuses.
- Read the terms and conditions of the bonus.
- Look for the bonus that offers the highest amount with the lowest requirements.
- Register and claim your bonus!
Tip! We definitely recommend checking the online casino itself before taking the bonus to avoid any complications later on.
