What is a No-Wagering Bonus?

Not all online casinos offer a no-wagering bonus but quite a few often do. While traditional betting usually requires that you risk money upfront depending upon the outcome of an event such as a sports match like a football tournament or a game of chance such as roulette, a no-wagering bonus offers you the chance to win by using bonus cash given to you by the casino.

However, not all online casinos will allow you to play, win and then cash out using only bonus money and require a minimum wager or deposit to be placed, usually matching or exceeding the bonus amount that they initially gave you by many times.

Some casinos require that you wager an initial amount, usually a multiple of a bonus, before you are able to withdraw any winnings that come from a particular offer but there are some online casinos that will allow you to forego the initial wager and offer bonuses such as free spins on a slot machine, cashback offers, and deposit bonuses. 

There are many types of no-wagering bonuses but the most common usually include:

• Sign up bonus
• Deposit bonus
• No-deposit
• Free spins
• Cashback

All of these bonuses essentially allow you to play and potentially win for free if you know how to play them properly since you can use a sign-up bonus, free spins, or cashback to cover the cost of your games while some casinos offer a matched deposit or completely forego a deposit altogether therefore careful play of these offers and game can be rewarding.

Most casinos offer all of the bonuses mentioned but they usually come with many terms and conditions, minimum deposits, and reduce the odds of any winning. They are mainly designed to look attractive by offering high payouts for minimum input, but this is usually far from the case. You should always be careful to read the full terms and conditions of any casino game before you start to play. 

According to new regulations regarding online casino games, the gaming platform must always provide the full details, terms and conditions of any game before allowing you to begin to play or they should be easily accessible and readily available.

Sign Up Bonus with No-Wager

Typically an online casino might offer some kind of bonus cash in your casino account just for registering with them in order to play on their platform. This is usually a low amount as the casino seeks to limit their losses should you win, so you should be careful when signing up with casinos that offer large amounts in return for signing up as these will almost always have hidden fees or small print catches. 

It’s fairly easy to use signup bonuses as all it usually requires is that you register with an online casino by entering your details such as a username and password plus possibly age verification credit card details. Some casinos might require that you enter your credit card details so that you and they can get paid, but there is usually no automatic access to your bank account and you manually add funds to the casino wallet as and when you need them.

Almost every casino offers sign-up bonuses as a great way to attract new players in the form of free casino wallet cash, gaming chips, or free spins on select slot machines. This is what sets online gaming apart from real-world gaming since physical casinos such as those in Las Vegas never offer free plays of any games.

Deposit Bonus with No-Wager

As a member of an online casino, some sites might offer a 100% matched deposit each time that you add a certain amount of funds to your casino wallet. There are sometimes specific requirements that must be met in order to receive deposit bonuses, however, with a no-wagering deposit bonus you can withdraw any winnings made using only the deposit bonus without adding more funds to your wallet or placing a wager amount.

To access deposit bonuses you must add the initial funds to your casino wallet as required in order to take advantage of the current promotion. The casino will always inform you of the minimum required amount and any policies regarding play, and in almost all cases you will need to be a current casino member, and offers may vary based on the number of games you play.

These types of bonuses are very common for online casinos to offer as they are good for repeat customers but are best used as part of a no-wager promotion since you will be able to withdraw winnings earned from the deposit bonus alone however they require that you keep adding funds as required by the current promotion and do not apply to funds already in your wallet.

No-Deposit with No-Wager

Sometimes a casino might offer a free no-deposit bonus by crediting your online casino wallet with free funds. Usually of a low value, they are funds initially meant to get you started playing at a selection of games and don’t require any additional funds or wagers on your part. The great thing about this bonus, similar to a signup bonus is that you can cash-out any winnings that you have earned from the bonus funds alone without placing a wager, however, in most cases a no-deposit bonus has a small cash-out limit

No-deposit bonuses are usually assigned to new customers or applied as a sign-up welcome bonus, but not always. A casino might offer a no-deposit bonus to returning gamers who haven’t played for some time or as a random promotion. These are usually accessed via your account or through a specific promotions page of the online casino and are sometimes communicated by email marketing.

Casinos rarely offer no-wagering, no-deposit bonuses since there is a chance that the casino will lose money, even if it is a small amount. Most deposit bonuses are offered with wager multipliers so that any losses are offset so you should only take advantage of these when they are offered as part of a no-wager bonus, or you could find yourself spending a lot of cash.

Free Spins on Select Games with No-Wager

Aside from matched bonuses and free deposits, online casinos might also offer a limited number of free spins on select ranges of their online slot games. Quite often these are offered in addition to or in place of welcome bonuses and can be a fun way to earn some free money on genuinely fun games. Free spins are sometimes also offered as part of the promotion of a newly released game in order to attract new customers to it. The great thing about these games is that you can potentially start winning free money straight away until your free spin limit has run out and you can then cash-out these winnings without having to place additional wagers so long as they are part of a no-wager promotion.

Access to free spins of specific games is usually granted and applied to your account automatically when you use a promotional portal or through the game’s official platform. In some cases, you might have to claim the spins as part of a promotion via promotional material such as emails or pop-ups on the game’s page. Free spins usually have an expiration date once you have accepted them so be sure to use them as soon as possible.

Offers for free spins are one of the most common marketing tools deployed by online casinos and almost all of them will offer free spins as part of a signup bonus, promotional material, or to returning customers as well as regular customers. They are an excellent way to make some quick, easy and fun cash-out money when used as part of a no-wager package.

Cashback with No-Wager

As a reward for playing their games, online casinos sometimes offer players additional incentives such as cashback which can be applied as credit to your wallet, real cash-out money, or through affiliate referrals which are paid whenever a new customer signs up using a specific link ID assigned to you. Cashback rewards, since they are usually in the form of an actual cost to the casino, are usually reserved for loyal customers but can still have strict terms and conditions applied so only using no-wager cashback offers would be best in most cases.

To take advantage of cashback offers you will usually be required to play consistently in sportsbook sections and live casino games where the casino will offer a percentage of cashback for any wagers placed. To receive a no-wager cashback offer you should keep an eye out for such things as weekly offers or promotions and check your email often as they are usually strictly time-limited. Another method would be to work for the casino as an affiliate partner and place links to the casino on your blog or through promotional material.

Because they essentially offer free money to an individual at a potential cost to the casino, no-wager cashback promotions are the rarest of all the bonuses available. That being said, most online casinos do offer them as incentives to keep playing or to attract new customers. While they don’t usually pay out much they offer genuinely free cash when part of a no-wager deal so they should be used whenever they become available.

Low Wager Casinos

Not all casinos offer no-wager bonuses and they are mostly found on gaming sites that offer slot games. Sports betting for example might offer many different bonuses but they almost always come with high wagering requirements.

There are sites available with more generous bonuses and low wager requirements and these operate very similar to no-wager bonuses but require a minimum wagering amount. This reduces the risk to you but isn’t the same as basically receiving free cash to play with as part of a no-wager promotion.

Wager amounts vary from casino to casino and game to game but the low wager casinos typically require a 1x to 30x wager amount. This means that you must wager 1 to 30 times the amount of your bonus applied to your account before you can cash-out any winnings. With this in mind, this means that the odds of you winning free cash are greatly reduced. 

However, low wagering casinos are becoming more common following certain changes in the rules on how online casinos can operate. Online casinos are now required to show the full details and terms and conditions of any promotions to gamers before they play which has resulted in more low-wager casinos gaining popular exposure because of the multiple offers and lower playing requirements over other traditional online casinos.