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WHAT ARE THE WAGERING REQUIREMENTS?
Wagering is the process by which players place bets on games of chance. This process specifically applies to bonuses and promotions. When bonus funds are awarded to new players, the standard procedure for gambling sites is to impose a wagering requirement. This means the player must spend those bonus funds a certain number of times before they can withdraw any winnings.
For example, if the wager amount was 20x, the player would have to spend their bonus funds 20x over before claiming winnings. Obviously, this limits the usefulness of bonus funds and what you can do with them.
NO WAGERING CASINO UK, WHAT IS IT?
Some platforms go against the grain and do not impose with wagering requirements on promotional funds and free spins – this is what a no wagering casino UK is. You can claim bonus funds, spend them, and claim any winnings instantly. Obviously, this is preferable to playthrough requirements – you don’t have to bet your winnings and potentially lose everything.
THINGS YOU NEED TO KNOW ABOUT THE WAGERING REQUIREMENTS?
The requirements work in that you’d have to play through your bonus total a specific number of times before you can withdraw your winnings. Sometimes the requirements might include the initial deposit.
For instance, you might deposit $100 and get a 100% match bonus, thus giving you $200 for play. But you might see a 35x wagering requirement for the reward and deposit. The total means that you’d have to play through the $200 thirty-five times before withdrawing anything. You will have to wager $7,000 before withdrawing your funds.
The requirements may also require you to play specific games to collect your funds. Some sites may require you to play slots, for instance.
WAGERING RULES – KEY NOTES
You can review the bonus terms on a gambling website to see what the requirements are. Take note of these points:
- How many times you must play through your bonus,
- Whether the playthrough rule also includes the deposit,
- What games and activities qualify for the bonus,
- Whether there are limits on how much you can win off of your bonus funds.
IS THERE A WAY TO AVOID THESE WAGERING RULES?
You can keep from bearing with these rules by playing at a no wagering gaming site. No wagering casinos are places that let you place a deposit and then collect a bonus with no wagering rules. You’ll earn this reward if you meet the proper deposit rules for the offer.
Most of these bonuses are free spins that you can use on specific slots. You’ll collect the funds from whatever you win and get to use them alongside your original deposit. You could withdraw those funds at any time without having to play through them many times over.
WITHDRAWING YOUR WINNINGS AT NO WAGER CASINO?
It is possible to withdraw your winnings after you meet the rules for collecting the bonus. No wagering casinos will often give you free spins on a slot of the site’s choice. You would complete those spins and then collect whatever you win. You may have limits as to how much you could win.
You can withdraw those winnings after you finish using the free spins. The site lets you collect the bonus money, but you could also use the money to play other games on the gaming hall site. You can check the rules for how a bonus works on your website of interest.
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Casinopedia is your dedicated resource to find the best no wagering casinos online. Our casinos are reviewed by expert gamblers and tested across a variety of categories – the bonus itself, security and safety, cash out requirements of winnings, variety of games to play with your no wagering bonus, customer support, licences and many more.
Hence, you can feel at ease when you chose one of our Top 10 no wagering casinos.
What Does No Wagering Casino Mean?
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What Kinds Of Bonuses Are There At No Wagering Casinos?
Free spins – A player is most likely to find this kind of welcome bonus at an online casino. This promotion will either be capped or uncapped. If you have a capped free spins bonus, this means there will be a limit on how much you can win. While it’s rare to find uncapped spins, they can be found on particular slot sites if you look hard enough. Fewer spins may be offered, but the upside is that more money can be won as the total winnings aren’t subject to a limit.
Cashback – This offer could be provided by a casino operator instead of a deposit bonus, and is often rewarded based on a percentage of the losses you encounter during gameplay. Some casinos will go the extra mile and offer real money cashback based on a percentage of the value of each bet placed at the site, no matter if it ends up winning or losing.
Reload bonus – These promotions are geared towards existing and loyal players, as they are rewarded for depositing at a site more than once. The motive a casino has for providing this kind of bonus is incentivising a player to keep making deposits, as they will want to continue playing if they receive bonus cash or free spins for transferring additional cash to the operator for use on their games library.
Match bonus – This cash reward exists purely in virtual form, and cannot be withdrawn as real money. It’s a reward that is greater than or equal to the value of your deposit. This is the kind of bonus which will be subject to a wagering requirement, but if you shop around, you will find a casino operator which offers a low one. This bonus money exists in a separate wallet to your real cash on the casino site, and once you’ve met the wagering requirements, you will be able to enjoy the winnings as part of your withdrawable balance.
No deposit bonus cash – This is a good bonus to make the most of, especially if it comes with no wagering requirements. This offer works in the same way as a match bonus, but the additional perk is the fact that you don’t need to make a deposit in order to claim this money.
Welcome Bonuses with No Wagering Requirements – All thebest online casino will have a welcome bonus of some kind, such as free spins or a deposit bonus. However, casinos do not always make it clear that these bonuses usually come with wagering requirements. These can make it nearly impossible for you to withdraw any winnings won from the bonus without spending a vast amount of money.
Reasons For Choosing A No Wagering Casino
Try multiple casino sites – The lack of wagering requirements means you’re not tied in to fulfilling any terms and conditions before being able to claim winnings. Instead, you can simply take them to another site, if you wish, and try out the content there
Greater range of games – Welcome bonuses with wagering requirements will lock you in to playing specific games for a while, whereas if you go with a no wagering casino, the bonus will be used up before you know it and then you can explore the full library.
Keep your winnings – Due to simplified terms and conditions that don’t involve withholding your winnings until certain financial requirements have been met, you’ll be able to access your winnings more readily as part of your real money balance instead of waiting for them to be released.
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