What Are Wagering Requirements?
What do people actually talk about when they mention wagering requirements? If you’re not familiar with the term, it may seem a little strange. To put it simply, wagering requirements are certain conditions imposed on the bonuses offered by casinos. As the name suggests, they demand that you wager a certain amount of money before you can receive any winnings made from the bonus. If you fail to meet the requirements, it can result in the forfeiture of your winnings. Therefore, it’s important to look into whether or not your bonuses have any wagering requirements attached.
This might seem rather self-explanatory, but it’s basically a bonus where there are no wagering requirements attached. A lot of casinos tend to have rather extreme wagering requirements attached to their bonuses. Therefore, no-wagering casinos where there aren’t any specific wagering requirements attached to bonuses are more like a breath of fresh air. But! Like other types of casinos, casinos with no-wagering bonuses also have their lapses. Below, we have gathered a list of the pros and cons of no-wagering bonuses.
No Deposit Bonus Vs. No Wagering Bonus
No-deposit bonuses and no-wagering bonuses are not the same. A no-wagering bonus has no wagering requirements attached to it. Therefore, players don’t have to worry about navigating different terms and conditions in order to retrieve their winnings. On the other hand, a no-deposit bonus doesn’t require you to make deposits in order for you to use it.
The major difference between the two types of bonuses is the absence of certain rules. When it comes to no-wagering bonuses, there are no wagering requirements to fulfill. And when it comes to no-deposit bonuses, it isn’t mandatory to make a deposit in order to enjoy it.
Types of No Wagering Bonuses
There are many different types of no-wagering bonuses for both new and existing players in Canada. These different types of no-wagering bonuses include the following:
No Deposit No Wagering
This is a rather rare type of bonus. Therefore, when you find it, you must grab it with both hands! With a no-deposit no-wagering casino bonus, players can play casino games without having to deposit any money. Furthermore, no wagering is required, so you can withdraw your winnings without a hitch.
No Wagering Free Spins
The majority of no-wagering bonuses come in the form of free spins. This means that they’re typically used on either slots or roulette games. They have absolutely zero wagering requirements attached. But you need to make deposits before qualifying for a no-wagering free spins bonus.
No Wagering Sign-Up Bonus
A sign-up bonus with no wagering is a bonus offer given to players after signing up. A sign-up no-wagering bonus has, as the name suggests, no wagering requirements attached. You simply need to play, win, and cash out your winnings!
No Wagering Deposit Bonus
Those who’re lucky enough to encounter this promotion will be able to receive bonuses after making their first deposit. This bonus has no wagering requirements attached to it. You merely need to accumulate your winnings and withdraw them.
Other No Wagering Bonuses
There are other types of no-wagering bonuses in the online casino industry like cashback and Pay N Play bonuses. Cashback bonuses are mostly enjoyed by high rollers. If you enjoy making big bets, then this bonus will fit you perfectly. This particular bonus is activated when players lose money while playing at a specific online casino. Cashback bonuses can either be in the form of real money or bonus money with no wagering requirements. Therefore, you either have the choice to withdraw your bonus money or play more casino games with it.
Pay N Play bonuses let you play without having to sign up at a casino. With a Pay N Play bonus, you can verify your account and withdraw any winnings earned without complications.
Pay N Play casinos are currently not allowed in Canada.
At Casino Cupid we only recommend playing at licensed casinos that are regulated and cannot engage in illegal activites.
The Pros and Cons of No Wagering Bonuses
We’ve gathered a small list of some of the advantages and disadvantages of no-wagering bonuses. If you’re interested in getting to know them, keep reading!
You can keep all your winnings.
Players have voted it to be the fairest casino bonus.
No wagering requirements to force you to wager specific amounts of money.
They’re usually offered by reputable casinos.
They tend to have fewer free spins than bonuses with wagering requirements.
The bonuses usually apply to a specific slot game.
They can’t be accessed by players in certain parts of the world.
Only offered by a few online casinos.
So, you must make sure that you find no-wagering bonuses that can be advantageous to you. But how do you find these no-wagering bonuses? Let’s take a look at that together!
How to Find the Best No Wagering Bonus
When you venture into the online casino world, you will most likely come across many different casinos offering bonuses with high wagering requirements. However, there are also a few online casinos offering bonuses with very low or zero wagering requirements. But how do you find the best no-wagering bonus among all these options provided by different online casinos? Don’t worry! Casino Cupid has created a list of the very best no-wagering bonus casinos. Interested in finding your most advantageous no-wagering bonus? All you need to do is follow these 4 steps:
Step 1: Browse through the no-wagering casino list. Our list at Casino Cupid includes the newest and most popular Canadian casinos. Look through them and take your pick.
Step 2: Pick a review. After you've chosen your preferred casino, read the review that we’ve written about the casino site. This will provide you with all the information you need.
Step 3: Claim your no-wagering bonus. After you’ve chosen your casino and read our review of the site, you must create an account at the casino you've chosen. You need to do so if you wish to claim your no-wagering bonus.
Step 4: Have lots of fun! You can start playing immediately! Make sure that you check back frequently for new no-wagering casinos as we continuously update our list. Make the best of your no-wagering bonuses!
Casinos with no wagering requirements are extremely popular at the moment. This is due to the fact that players love the idea of cashing out their winnings as quickly as possible. But before you choose a no-wagering bonus, make sure that you pay close attention to the selection of games, withdrawal options, and security. These are great indicators of whether online casinos are safe or not. Make sure to only play at licensed! For your own safety.
