A wagering requirement represents the number of times you must play through a given bonus before withdrawing any winnings. Let’s say claim a 100% up to €30 bonus with 15x wagering requirements. If you do the math, it will look like this:
Meaning, to make a withdrawal, you must bet a total amount of €450. Now, let’s say the casino requires you to put your deposited amount in the equation, too. In this example, we’d say that you deposited the maximum of €30. Here’s how much you need to wager:
As you can see in both examples, playthrough requirements aren’t your friend. On the contrary, they make everything harder. That’s why CasinoChap loves no rollover promotions even when they seem modest.
Getting a no wagering casino bonus is excellent but, there are certain drawbacks to it that Chap must mention. A no rollover bonus is pretty much a gift. It represents free money that you can cash out as soon as you reach the casino’s general limit for withdrawals. On the other hand, the no wager bonuses are typically smaller, and they have a clear upper limit for withdrawals. As you can see, there are both positives and negatives when it comes to casino bonuses without wagering requirements.
Benefits Of No Playthrough Casino Promotions
- You can play the best casino games using the bonus funds.
- The withdrawal process is fast and easy.
- You don’t have to worry about meeting any playthrough requirements.
- If it’s a no deposit bonus, there’s no risk at all.
- If it’s a deposit bonus, you only have to deposit once.
Drawbacks Of No Playthrough Gambling Promotions
- No wagering casino bonuses are typically smaller in size.
- They come with a pre-determined withdrawal limit.
- Some online casinos may require a deposit before they allow you to cash out.
- Sometimes, these bonuses are restricted for use only on specific slot games.
Types Of No Wagering Casino Bonuses
In an attempt to attract new players and keep the existing ones happy and satisfied, online casinos offer various forms of no wagering bonuses. Upon registration, they may give out a certain number of no wagering free spins, cash, scratch cards or, free chips. Read on because Chap will explain all of them in more detail below.
Free Spins Without Wager
When it comes to wager-free free spins, first of all, we need to mention that there are two types of them. There are deposit free spins no wagering, and no deposit free spins no wagering required.
No Deposit Wager-Free Spins
Some online casinos give out free spins no wagering requirements attached to them when you first register as a new member. When you claim the bonus, they will reward you with a certain number of bonus spins on selected no wagering slots.
The casino will award these without asking you to make a deposit. The no deposit free spins no wager is every casino player’s favorite. They are free, no strings attached, and all winnings are available for cash out immediately. Who wouldn’t love that?
However, there are certain things that you must keep in mind here. With these types of bonuses, players usually get no more than 10 spins with a maximum bet value of €0.01-0.25. Also, online casinos put a cap on the highest amount you can win with them, and it’s no greater than €10-50. If you manage to win more during your round of free spins, everything above the pre-determined limit is void.
Deposit Wager-Free Spins
Now, the most ubiquitous type of no playthrough bonuses is the deposit free spins without wagering. These are awarded to new players when they make apple pay casino canada their first deposit at a no wagering casino. Different casinos give a different number of extra spins. Some of them award 50 free spins when you deposit at least €10, and some are willing to give out more.