In the world of online casino bonuses, we are all looking for the same thing. The very best bonus that can help us on our way to mega winnings and a carefree life.
As new casinos open their doors and the competition becomes even more fierce, the casinos often offer bigger and better bonuses, hoping to see new players join their ranks. This time we are going to take a quick look at the no wagering bonus so that you know just what you have in store.
To answer that question, we first have to explain what wagering is. When talking about casino bonuses, wagering deals with the amount of times you have to wager a bonus and the winnings before you can transfer money from the casino and into your bank account.
For example, if the casino offers you a 100% deposit bonus up to 100 pounds and the wagering requirement is x 25, you have to wager the 100 pounds and any winnings a minimum of 25 times before you can request a transfer.
Basically, it is a way of the casino saying, “we love to give you a bonus, but we would like a chance to win it back”, which is fair enough.
Where a no wagering bonus differs from other bonuses, is that the casino forgoes its chance to win the bonus back. For this reason, the no deposit bonus is often a lot smaller than other bonuses.
As with any other casino bonus, the no wagering bonus comes in the form of a small cash amount or in the form of free spins. The idea is the same, any potential winnings are yours to do with as you see fit.
That being said, there will often be a limit when it comes to how much you can win using a no wagering bonus. For example, you win 6,500 pounds on a single spin, but the casino will only transfer 500 or 1,000 pounds to your casino account.
How much you can win using a no wagering bonus will vary a lot from one casino to the next, so always check the terms and conditions so you don’t get any nasty surprises.
Slot machine tournaments can be found at numerous online casinos, and not only are the prizes for the top ten players often very good, but you will find the prize often comes without any wagering requirements.
Any casino knows that the most valuable player is the one that returns. Just as it is with any other business, this is the kind of customer they want to take extra good care of.
Many casinos will do this via their VIP program, where you go through the ranks and get more goodies the more you play. No wagering bonuses are often a part of the higher VIP levels and even casinos that don’t have an official VIP program will offer no wagering bonuses to loyal players.