Understanding the No Wagering Bonus Concept
To help you understand the no wagering concept, Daddy must first explain what wagering is. The wager is the real money or bonus amount a player will spend at a casino. Most websites have wagering requirements that denote the number of times a player must bet the bonus amount to collect the winnings. It’s pretty simple. Slot games tend to impose higher-than-average wagering requirements.
No wager no deposit online establishments are the best thing since sliced bread, and more and more gamblers have been following suit. A no wager bonus is simply that; there are no wagering requirements to cash in. Unlike those with wagering requirements, establishments with no wager and no deposits give out bonuses without ensuring a way to get them back.
Bonuses with no wagering or no deposits can come in the form of free spins, for example. These online operators throw out the possibility of taking the spins back from the player. So, they usually offer smaller bonuses compared to wager casinos. There may also be a limit on how much money the bonus can win you (e.g., you win $5,000, but the terms only let you withdraw up to $500). The site will deduct everything else outside the maximum withdrawal limit from your winnings.
No wager bonuses are usually limited to a select number of games listed by the gambling provider. The bonus winnings may be cashable or given in bonus funds you can later redeem in other games. A piece of advice from Daddy: be careful when depositing at such venues and always read the Terms and Conditions, as they are ever-changing.
Most of the New Online Casinos are Going Wager Free
Have you ever wondered why a gambling website would go wager-free for more money? You might think that would be very contrary to the idea. However, there is a reason behind that.
Imagine you’re visiting an online venue for the first time. You hover over the Slots section to discover an array of games from some top-notch providers. And, they offer free spins! So, you think to yourself, ‘Great, this is just what I was looking for!’
However, disappointment ensues as you realize that you can only win said free spins after you’ve wagered them 50 times. ‘That’s crazy!’, you say to yourself, because, yes, it is crazy. That’s way too high, and those wagering requirements probably push players away in an instant.
On the other hand, no wager venues welcome tons of new users with open arms because they are attainable even despite the small bonuses! And that’s why this type of casino exists; to attract more players. Smaller or no wagering requirements equals more new punters!
Established Brands that Offer No Wager No Deposit Deals
If you’ve been poking around for some wager and deposit-free bonuses, look no more and check out Daddy’s top picks down below.
The first recommendation is Paddy Power. What’s more, this platform offers an exclusive no wager, no deposit bonus! For entirely free, you can receive 100 free spins on the Daily Jackpot Slots Collection that comprises Well of Wilds Megaways, Primate King, Vault Cracker, and more. Side note: the daily jackpot drops before 11 pm every day. To become eligible for the bonus, you must verify your age and phone number. The free spins’ value is €0.10 each. And, of course, no wagering is required!
Many bonuses at William Hill Vegas Casino! And not just any types of bonuses, but no wager, no deposit ones. Instead, this operator offers first-time players 50 free spins on these slots: Eye of Horus Megaways, Fishin Frenzy Megaways, and Buffalo Rising Megaways. The spins are available at 10p per spin. Aside from this, there is so much else the operator has to offer. They’ve got a live dealer section, table games, and regular jackpots, including a gigantic Vegas Jackpot that’s so far accumulated more than £900,000.
The third no-wager offer is over at Betfair Casino. They offer a no wager, no deposit bonus of 50 free spins valued at 10p each, new players only. So all you’ve got to do is redeem the registration code and use the spins on Gonzo’s Quest Megaways. You can also use it on one of the Daily Jackpot Games.
So, want to know which no wager offer is Daddy’s favorite? Well, that would be the one from Paddy Power Casino! It’s hard to lose with 100 free spins.
No Wagering No Deposit vs. No Wagering Deposit Bonuses
No-deposit casino with no wagering requirements may be the best, but the truth is you can only find such an offer once in a blue moon. And that’s if you’re lucky!
No deposit bonuses sometimes aren’t an option; players will opt for a deposit one, which can be just as great. That is especially true for online venues with low minimum deposits. Minimum deposit variations can be €5, €10, €15, €20, and so on. It’s even preferable to opt for a deposit bonus at times. For example, casinos offer way higher maximum withdrawal limits on deposit offers as opposed to no deposit ones.
Free Spins – The Most Bountiful Wager Free Bonus
If you didn’t know, PlayOJO Casino has no wagering requirements on their promotions! That’s why Daddy was quick on his feet to go check out the current no wager offers. And he’s glad he did because he discovered an excellent welcome bonus offer. This offer isn’t a no deposit one because Daddy couldn’t find any other such promotions. Luckily, the minimum deposit is not significant at £10. You get 50 free spins valued at 10p on the Book of Dead slot game if you deposit. There is no minimum withdrawal limit, so you can take your chances to win big!
Online Slots to Play with No Wagering Free Spins
To summarize, you can play online slots for free at Paddy Power, William Hill, and Betfair.
The games eligible for the bonuses are as follows: Daily Jackpot Slots Collection (Paddy), Fishin Frenzy Megaways, Eye of Horus Megaways, and Buffalo Rising Megaways (William Hill), and Gonzo’s Quest Megaways or any of the Daily Jackpot Games (Betfair).
Furthermore, there is one more brilliant offer at PokerStars Casino you will read about later. At PokerStars, you can spin the reels on Diamond Stars Classic, Stars Invaders Classic, Tomb of Ra Classic, Sticky Fruits Classic, Football Frenzy, Grabba Dabba Dough, and Royal Rush.
Or, you can deposit at least £10 to play the Book of Dead over at PlayOJO.
How Online Casinos Benefit from Zero Wager Bonuses
No wager like no deposit online platforms can be very lucrative as well. So how do they do this? Well, in their minds, the “customer is always right” rule stands true. They realized that seeking out players’ demands about gaming collections or promotions would deliver what players lust after. So they have decided to listen. That way, these online sites have many newcomers every day and benefit from higher-than-average revenue. To summarize, they benefit materialistically.
Should I Always Go for the No Wager Bonus
Well, perhaps not always. The thing is, as impressive as no wager bonuses are, they aren’t always the most reliable. The same goes for no deposit ones. First, they tend to be rare to come across. Second, they usually impose unfavorable maximum withdrawal limits. Imagine playing through your free spins all day long to discover that you can only cash in a portion of the winnings and a tiny one!
If you are serious about making real money through gambling, there are other options to explore. Many good online establishments offer an array of welcome bonuses at low minimum deposits along with a deposit match. These bonuses are less likely to have a crazy minimum withdrawal limit attached to them because they’ll have wagering requirements.
You Can Withdraw Your Real Money Winnings Immediately
Casino websites will let you withdraw your winning right away, including no wager casinos. Said online venues offer safe and secure payment solutions with fast and hassle-free deposits and withdrawals. However, the longevity of the waiting period solely depends on the banking methods. Therefore, Daddy advises everyone to look into each solution to conclude the quickest option.
Most Convenient Payment Methods for your Wager Free Winnings
If you’re still unsure how to withdraw your no-wager winnings, Daddy can help.
Payment methods range from anything between credit, debit, and prepaid cards, e-wallets, and cryptocurrencies. In addition, online establishments feature a wide range of deposit and withdrawal options, allowing players from all over the world to select a provider that best meets their needs.
The availability of these options, however, depends on the country in which you reside.
One of the crucial aspects players look for when picking a gambling destination is making deposits quickly, easily, and safely. Some providers may require you to deposit using a specific payment method. In contrast, others may allow you to withdraw your winnings to the same payment method you used to deposit.
Because of their convenience, credit and debit cards are one of the most widely used payment methods. However, keep in mind that credit cards have been banned from being used for gambling in the UK.
E-wallets such as PayPal, Skrill, and Neteller, on the other hand, are becoming more popular for online deposits and withdrawals.
At the same time, many online sportsbook and gambling solutions are beginning to adopt cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. Cryptocurrency transfers complete withdrawals with a quickness. If you were to withdraw with Bitcoin, for example, you would receive your funds within 24 hours.
Casinos can take their sweet time to process the winnings, and all these conditions can change. Most operators take a couple of business days to process withdrawals.
You should also be aware that each payment method may impose a minimum withdrawal limit. That’s because processing small withdrawals costs the provider a fortune. That is crucial when gambling with no wagering requirements, as they tend to win you smaller amounts.
Do Not Overlook the Casino Terms and Conditions
Has it become a habit of yours to click ‘Agree to all’ when a Terms and Conditions window pop-up appears? Well, not reading said terms and conditions at casinos could get you in a ton of trouble. Sure, you may have found a no wager, no deposit bonus offer, but is it a no wager, no deposit? Unfortunately, a lot of casinos tend to plaster these words on their homepage to attract players.
Players, clearly already daydreaming about how they’re going to spend their free winnings, click on the offer right away. But, unfortunately, that’s when they discover that the bonus offer does require a minimum deposit. Sure, the player deposits, but now they find out that it also involves wagering! It’s that easy to get fooled by an online operator. That’s why you should always read the applicable Terms and Conditions.
No wager and no deposit sites are great to play at, but security must be important. So make sure they’re licensed and operating under a well-known authority, support responsible gaming, and so on.
The Perks of Playing with No Deposit Bonuses Without Wagering
So, we talked about all the things one should be aware of when playing at a no wager, no deposit casino. Now, let’s get to the fun part! What are the perks of playing at these websites?
The biggest perk is being able to keep your free winnings regardless. However, when there is a wagering requirement on a game, say 30x, you have to wager the bonus given to you and win that many times to get to keep it. That makes it difficult for players to win promotions. It’s even worse with high wager platforms, as they make it impossible to beat the game and win.
Plus, if you play at a wager and no deposit venue, the provider values you as a player and as a member of the casino family. Not often do operators offer no deposit bonuses like these.
Another prominent perk is no deposits are required. If you lose, you lose whatever the operator granted to you as a welcoming gift. If you win, you can only be in a plus, as no deposits have been made on your end. In contrast, classic deposit offers run you the risk of making a hefty minimum deposit only to lose it all in the end. If you opt for a deposit promo, look for a low minimum deposit one.
No Wagering vs. Low Wager – No Deposit Free Spins Bonuses Compared
Daddy found two brilliant bonus offers: a no wager, no deposit one, and a low wager, no deposit one. Let’s get started:
- PokerStars Casino – 50 free spins, no wager, no deposit
Free spins are available as a way to say welcome to first-time players. All you have to do to become eligible is sign up. Looking at the bonus terms, Daddy concluded that the bonus isn’t attached to any wagering requirements whatsoever. The offer is deposit-free, and you can use it on many games. The value of each spin is 10p. The cashier will pay out the winnings in cash once you’ve played through all the spins.
- LV BET Casino – 10 extra spins, low wager, no deposit
Daddy had a tough time finding a low-wager casino that offers a no deposit bonus until he came across LV BET. This sportsbook operator offers ten extra spins to newcomers that will register. Each spin is valued at 20p. You can use the spins on the Agent of Hearts slot. Anything you win, the cashier will add to your account as bonus funds. The wagering requirements are 35x. After you receive the bonus funds, you can only wager them on the other Play’n GO slot machines. Players can transfer up to £50 of the winnings into the bonus funds.
Conclusion: Daddy thinks both offers are amazing. However, he finds the first offer slightly better than the second one. The no wager and no deposit offer, plus 50 spins for free, sounds far more appealing. It also offers a wide range of slot games you can use the spins on.
On the other hand, the second offer only lets you use the spins on one game. Though, the second offer does give a higher value per spin.
The UK has the Best Wager-Free Bonuses
Given the number of UK online gambling sites out there, it’s no surprise Daddy managed to find some excellent no wager, no deposit bonuses. Such bonuses offer extra spins on slot games from top-notch software providers like Evolution Gaming and NetEnt. And, you can later turn your winnings into real cash or convert them into exclusive bonus funds you can use on other games at the cashier. Some top UK platforms offering said bonuses are Paddy Power Casino, William Hill Vegas Casino, Betfair Casino, and PokerStars Casino.
Paddy offers a bountiful offer on 100 extra spins in various slot machines from their Daily Jackpot Slots Collection. The value of the spins is 10p, which is pretty satisfactory. William Hill is a reputable brand offering 50 extra spins on many slot games mentioned above with a 10p value on each. Betfair also offers 50 extra spins at 10p each on Gonzo’s Quest Megaways and the Daily Jackpot Games. Finally, Pokerstars gives away 50 spins with almost no wagering required on numerous games from some of the most popular software providers.
No Wagering No Deposits FAQ
How much can you win with a no-wagering no-deposit bonus?
Casinos control this rule. In most cases, you can win up to 100 spins or less. Then, of course, whatever winnings you end up with from the spins will amount to whatever the casino allows as a maximum bonus withdrawal.
Are there no-wager no-max cashout no-deposit bonuses?
No wager bonuses like that don’t exist, but they are few and far between. In addition, most no deposit and no wagering bonus offers have a maximum withdrawal limit to protect the casino from facing huge money losses.
Why do players dislike high wagering requirements at online casinos?
No wager bonuses are preferred over high wagering requirements because they can lose the bonus amount by the time they’ve finished playing it through. In addition, no wager casinos automatically give up their rights to the prize, and low wagering ones make it possible for the player to end up with the bonus in the end.