Whether it's welcome bonus, deposit bonus, free spins, cashback, etc., players will always enjoy it as long as it's free.
Free bonus is always a hot keyword when searching for possible casino bonuses. Whether it's welcome bonus, deposit bonus, free spins, cashback, etc., players will always enjoy it as long as it's free. However, they all have one thing in common: the wagering requirements. So, what if that condition is removed completely? We'll have the hottest deals on the market today: no wagering casinos and bonuses.
No Wagering Casinos: The New Challenger
No wagering casinos or bonuses is a fairly new idea in this multi-billion dollar entertainment industry. However, as pioneers, online casinos offering no wagering bonuses are rare in the market, and not many players can fully understand their value. So what are the real benefits of these promotions?
First, we need to understand the nature of wagering requirements. They are the house's requirements for players when they use a specific offer from the casino. For example, you have a $30 no deposit bonus, and you want to use it on slots. That amount belongs to the casino, and of course, it will come with some conditions upon withdrawal. You will need to wager 30 times the bonus amount to turn it into real money, which is challenging to accomplish. With a simple calculation, you have to bet $900 in 1 to 2 weeks. For inexperienced beginners, this is an absolute nightmare.
If you are a player who doesn't like being bound by unreasonable conditions, no wagering casinos are the place for you. They will give you attractive offers with no strings attached, and all you have to do is use them. Sounds fascinating, doesn't it? However, besides such advantages, like all other promotions, no wagering bonuses also have a few disadvantages that we will cover in the next paragraph.
Pros and Cons of No Wagering Bonuses
Of course, when you use no wagering bonuses, you will not have to deal with confusing and complicated requirements. You are still subjected to the terms and conditions, but the perks are now yours to use. In addition, you can use those bonuses without the risk of losing them while wagering.
However, as mentioned before, there are downsides when using no wagering bonuses too. Since there are fewer strings attached to those bonuses than the ordinary ones, the amount of cash or free spins will also be lower. Also, these no wagering casinos are harder to find and sometimes can be confused with no deposit casinos. Therefore, you should search for reviews from trustworthy sites prior to redeeming the no wagering bonuses.
No Wagering Bonuses vs. No Deposit Bonuses
One of the common mistakes players make is confusing a no deposit bonus with a no wagering bonus. They are all the best offers that players can get when signing up at any online casino. However, they are entirely different, and you should not equate them.
No deposit bonus is a bonus in which the player does not have to make a deposit before redeeming. These types of bonuses are very popular, and you can find them in almost all online casinos. They are usually included in the welcome package and are available to all players who register at the site. Since it is free, no deposit bonuses often come with many conditions, especially wagering requirements. If not careful, the player will most likely not be able to withdraw his winnings and have them voided.
No wagering bonus, on the other hand, does not include any restriction upon withdrawal. Thus, as long as the player follows the terms, he can cash out all his winnings (usually capped at a certain amount). However, since there are no wagering requirements, the initial amount of the no wagering bonus is lower than the no deposit bonus. The player is also required to deposit first before redeeming the bonus.
It is easy to see that these two types of bonuses are opposite. If you don't want to deposit to the casino, choose the no deposit bonus and follow its wagering requirements. If you don't like to follow the complicated terms, choose no wagering bonus and spend a small amount to activate the bonus. Depending on the player’s preference, each promo has its own appeal.
The question is, will there be a combination of those bonuses in the future, whereas the player doesn’t have to deposit and follow any wagering requirement? We highly doubt that. Besides advertising and promoting their websites, casinos must prioritize their benefits first, and ideal bonuses like these can cause tremendous losses to the operators. However, with the fierce competition of today's gambling industry, nothing is impossible. Therefore, if such a perfect bonus appears, we will give you an update as soon as possible. For now, enjoy your no wagering bonuses!
No wagering casinos and bonuses are always among the top keywords when it comes to the best offers for gamblers. This article has provided you with the necessary information about no wagering bonuses, as well as the difference between them and no deposit bonuses. Remember, always check out CasinoMentor for the most up-to-date and accurate casino guides!