Casino bonuses are often confusing for those not seasoned in the world of online casinos, and the prospect of bonuses with wagering requirements is daunting and full of restrictions.
These types of bonuses are immensely popular with those with the know-how to wager their way out of them, but free spins no wagering bonuses have a fan base of their own because of the prospect of a quick win and an easy withdrawal.
Yet, no wagering free spins bonuses are a rarity. Casinos tend to lean towards deposit bonuses and free spins bound by wagering terms because it's simply more profitable for them.
Slots today are much more volatile than they once were, and the win potential of modern games is a far cry from those released just years earlier. For this reason, some tend to avoid offering customers a free spins no wagering bonus, but they still exist, and the whole point of it is you keep what you win and avoid the complex wagering requirements in the process.
That doesn't mean that a no wagering bonus doesn't have terms and conditions though, so in this article we'll guide you through what a no wagering free spins bonus is, how to differentiate them from a wagering bonus and the pros and cons to no wagering bonuses.
Why Choose Free Spins with No Wagering Requirements?
Why should you choose a Free Spins No Wagering bonus? Some offers out there can effectively double your deposit giving you much more to play with, but then there's that pesky problem of wagering requirements.It's not uncommon to accept an offer, win, and then find out you can't withdraw it because the funds are still bonus funds. Before you know it, the balance is back to £0 because you've failed to wager the required amount to turn it into real money funds.
It stings, and in a lot of cases, the wagering requirements are fairly high. Some terms look okay at first glance, but then you may find out that your total wagering requirement is a sum total of your deposit + bonus instead of just your bonus funds.
It's complicated, rather stressful and a little unfair sometimes. This is where Free Spins bonus with No Wagering Requirements shines.
A no wagering free spins bonus will usually require a deposit of some sort, but the Free Spins that you'll gain as a result is completely without wagering requirements.
Casinos will often award free spins with no wagering requirements on slots like Book of Dead, which has a proven track record of being a highly capable game. There's a real chance to win a decent enough amount to make a withdrawal, or you can play with these funds on any other game without restrictions.
A bonus with a wagering requirement will often have many hidden terms and conditions, like weighting, game restrictions, maximum stake requirements, excluded games and more.
A free spins with no wagering requirements bonus never have overly complex terms, but that doesn't mean there are no terms and conditions at all.
Unfortunately, every offer comes with some terms, and there are certain cons to a free spins no wagering bonus too.
Pros
- A Free Spins bonus with No Wagering is straightforward without complicated restrictions.
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Winnings are yours to keep. If you win on your free spins then you may do as you wish with the winnings. You may withdraw the funds to your bank account, or play with the funds on any game without restrictions. The funds are treated exactly the same as any money you've deposited yourself. - It's less risky. Free Spins with no wagering requirements can even be given as a bonus for loyal customers. In some cases you may not even need to deposit, and if you do then the amount will be minimal.
- The choice of slot by the casino is usually quite fair. It's not uncommon to see Book of Dead, Legacy of Dead, Big Bass Bonanza and other capable games.
Cons
- The maximum stake on a no wagering free spins bonus will usually be as low as possible. Because the funds are yours to keep if you win, the casino keeps the stake at the lowest possible level to alleviate risk. Sometimes free spins are awarded at £/€0.10 a spin.
- Free Spins may expire if not used.
- There may be a maximum withdrawal limit. In some cases the casino could cap the amount to manage risk.
- Sometimes the casino will not offer many free spins. The more spins, the higher chance of winning, and if the funds are yours to keep then the casino will once again try to manage risk by capping the number of free spins.
Are Wager-Free Spins Better Than Other Bonuses?
Not necessarily. It's all down to personal taste at the end of the day. Many prefer bonuses with a deposit match and free spins that have wagering requirements because the offers are often bigger.No such bonus exists to match your deposit without wagering requirements, because they'd essentially just be giving you money.
If you're a player in the know about how an online casino works and you're comfortable with the terms and conditions then you may well prefer a deposit bonus instead. It can be a fairly enjoyable challenge to some, but if you're not clued up on all things casino then you could ease yourself in with an uncomplicated no wagering free spins bonus instead.
Each kind of bonus is better than another in some way, shape or form, but the distinguishable difference between a wagering bonus and no wager free spins is striking to players who are keen to avoid the complex rules.
If you're a beginner or if you just want to play with real funds without the need to wager, then we'd say that a no wagering free spins bonus is better.
Frequently Asked Questions
Here are some of the most common problems facing players who are confused about casino bonuses and no wagering free spins bonuses.Why Can't I Withdraw My Funds?
There's a possibility that you've accepted a casino bonus with wagering terms attached to it. When you're playing with bonus money, the funds are usually kept separately from your cash balance.Funds within the bonus balance are not withdrawable until wagering requirements are completed
What are Wagering Requirements?
Wagering Requirements are conditions set by the casino that will prohibit bonus funds being withdrawn until the completion of said requirements. When you accept a wagering bonus, you'll have to 'wager' or play the funds so many times over before they become withdrawable.What are Wager Free Spins?
Wagger Free Spins are spins awarded by the casino with no set restrictions on what you may do with the balance afterwards.If you win on a slot, then the money is yours to play with or withdraw as you wish. This can save players a lot of time and disappointment when compared to the restrictive and difficult wagering bonuses.
Why Is My Free Spins No Wagering Bonus on a Small Stake?
The Stake is set intentionally low by the casino to avoid risk. If a free spins no wagering bonus allowed players to play at whatever stake they wanted then it could spell trouble to the casino if the player wins big.This type of offer is offered in the interest of fairness for both the casino and the customer. The Customer doesn't need to wager the funds, but the casino will set the stake low to cover their own interests as a result.
Are Free Spins No Wagering Offers Legitimate?
These are legitimate offers. It's certainly not too good to be true because there are still a number of rules protecting the casino's interests too.Minimum stake, game restrictions, maximum withdrawal and a small number of spins are some of the methods a casino will use to make the bonus fair for them too.
Must I Accept a No Wagering Free Spins Bonus?
No. You're under no obligation to accept an offer from a casino even if you do sign up as a new player.Many players are happy with depositing their own funds and playing with them safe in the knowledge that there are no restrictions, but a No Wagering Free Spins bonus isn't as daunting as some may think.
The game is usually set out for you, so the only thing you'll usually need to worry about is what to do with your winnings if you do win!
