Online casino players love bonus offers, but all players don’t like wagering requirements, especially when they are imposed on popular slot games. Seasoned casino players avoid bonuses with high wagering requirements and low win caps.
Casino bonuses lose their appeal when players have to wager a lot of money to withdraw a small part of their winnings. Bonus wagering requirements are closely related to other bonus terms like expiry dates, game wagering contributions, and restricted games. You can maximize your bonus profits only if you read the bonus terms carefully and understand them well.
Many top-rated online casinos offer no-wager bonuses, also called wager-free or zero-wager bonuses, to attract more players. A zero-wager bonus is an online casino bonus that is not subject to wagering requirements. You can cash out bonus winnings without meeting wagering requirements. But zero-wager bonuses may be subject to other bonus terms.
It’s true finding a casino that doesn’t impose wagering requirements on its players is hard to find. But, the good news is, there are many operators who are doing away with such conditions. And, if you’ve visited KingJohnnie Casino, you know this to be true.
Wagering Requirements – Everything You Need to Know
Casino bonus wagering requirements refer to the number of times you have to wager your bonus or free spins winnings or bonus plus qualifying deposit amount before requesting a withdrawal. Online casinos express them as multiplier values. For example, a bonus with a wagering requirement of 10x requires you to wager the bonus amount ten times before cashing out your winnings.
Wagering requirements are related to the following bonus terms:
Bonus Expiry: You have to wager the bonus before it expires. Casino bonuses expire in one to 90 days based on the online casino.
Game Wagering Contributions: The bets you place on all games do not contribute equally to meeting the wagering requirements. Usually, bets placed on slots contribute 100%, while bets on table games contribute 10%.
Max Win: You can withdraw your bonus winnings but not more than the amount (max win) the online casino specifies.
So you have to wager your bonus many times before the bonus expires to cash out a part of your winnings, which is why players do not like wagering requirements and look for zero-wager bonuses.
Types of Wager-free Bonuses at Online Casinos
Despite their popularity, zero-wager bonuses are rare at online casinos. Currently, you can claim the following types of bonuses:
Free Spins Bonuses: Many online casinos offer zero-wager free spins bonuses with deposit match bonuses subject to wagering requirements. You can use these free spins on selected casino games and withdraw your winnings without having to satisfy any wagering requirements.
Cashback Bonuses: Some online casinos offer wager-free cashback bonuses. You can claim them to reduce the risk of playing real money games.
Are Zero-Wager Bonuses the Best?
Nothing is perfect in this world, and this rule also applies to zero-wager casino bonuses. You may wonder how online casinos can afford to give away zero-wager bonuses. They can afford it by keeping the wager-free bonuses smaller than traditional welcome bonuses.
Here are the pros of wager-free bonuses:
- You can play with the bonus money and keep your winnings.
- The bonus offer has no wagering requirements.
- You can withdraw your bonus winnings any time you wish.
Here are the cons of wager-free bonuses:
- Wager-free bonuses are smaller than traditional bonuses.
- You have to use your bonus only on selected games.
- Zero-wager bonuses have low win caps.
- Not many casinos offer zero-wager bonuses.
Conclusion – Play at No Wagering Online Casinos
Claim and use zero-wager bonuses only at licensed and reputed online casinos. If you come across two bonus offers and one of them is wager-free, claiming the wager-free bonus offer makes more sense even if it is small. You do not have to bother with wagering requirements, and you can play any game you please without worrying about game wagering contributions.