How No Wager Bonuses Minimize Your Risks at Online Casinos
$5,000 Welcome Bonus
Gambling platforms provide a lot of different bonus offers and promotions for their clients. Many gamblers are aware of various conditions for receiving casino bonuses and requirements for cash out. One of the conditions is wagering. But still, online casinos often provide different types of no-wager bonuses that minimize most risks.
What Does It Mean When a Bonus Has No Wagering?
Every newcomer who has not previously played gambling wonders what a wager is. This is a certain number of bets that the player must make to withdraw the winnings received through the bonus.
Wagering is an important characteristic of most bonuses and indicates how many spins or bets you need to make to withdraw funds. This condition is in the list of other bonus requirements and has a different number. “No wagering” means that you only need to wager the bonus 1x (once) before you can cash out.
Now, the bad news is that there are not so many online casinos with no wager deposit bonus offers. The good news, on the other hand, is that there are plenty of websites listing no wager bonus casinos, so you can always Google one up and choose whatever no-wager deal you like.
Why Casino Players Hunt Bonuses Without Wagering
Most gamblers choose platforms based on various factors. Someone is looking for a convenient interface, someone is looking for a large assortment of slot machines, and most casino players are looking for generous bonuses without wagering.
How profitable the bonuses are presented at the casino depends on the wager. Sometimes this is a real hunt or safari because this type of bonus allows beginners to quickly and easily start playing, and regular users can comfortably enjoy gaming sessions. So, there are several reasons for this.
Fewer Chances to Lose Your Winnings
Most gambling platforms and online casinos set an average wagering requirement of 40x – 70x for each bonus. For beginners and regular gamblers, this number can be quite difficult to realize, and they are afraid of being left with 0 on their account.
Based on this, players prefer to use bonuses with 1x wager. As a result, they will save their funds and have a chance at the most winnings. The choice of a gambling platform also depends on this, which was previously mentioned.
One of the biggest differences between regular and 1x bonuses for players is the ratio between losses and gains. When playing with common rollover requirements around 40x – 50x, beginners often try to win back the wager by increasing their bet sizes and end up losing even more money – just because when playing for 40 times, statistically they are more likely to lose.
Also, a high wagering requirement can be problematic for gamblers who use GamStop or other self-exclusion programs. The reason for this is a time limit on gameplay or limits on the number of bets. Most bonuses have a certain time frame during which you need to use them. The earned money disappears if the player does not have time to win back the received bonuses.
No Preliminary Conditions for Withdrawal
Usually, when you play with a bonus, casinos require you to play through the bonus several times. No wagering bonuses do not have this drawback, and you can cash out immediately after you’ve wagered the bonus.
Such a fast pace and speed of money withdrawal are much appreciated among high rollers playing on different gambling platforms. Moreover, it increases the confidence of casino users in the honesty and generosity of online casinos.
Also, such bonuses do not have additional hidden conditions. Despite the UKGC requirements to provide fair T&Cs, many dishonest and low-reputation casinos attract users with super “profitable” bonus offers, but they do not provide clear conditions and rules for wagering or receiving them.
No wagering bonuses do not have such conditions and characteristics, so they are one of the most popular offers in online casinos.
Your Bonus Money and Your Winnings Are Separated
When using bonuses with high wagering rates, gamblers first need to play a certain number of times to receive the money won. During such gameplay, the money is divided into the main account and the bonus one. When you play with a wager, your balance is considered bonus money, not earnings.
Even many experienced gamblers forget about this and do not consider the wagering requirements and rejoice in advance for big wins. However, this money is still not available for withdrawal.
No-wager bonuses enable you to have separate balances for your bonus and cash money. When you win with a no-wager bonus, your winnings go to your cash balance which is not considered a bonus and can be easily withdrawn.
Conclusion
Free no wager bonuses bring real benefits to casino players all over the world. But finding a casino that provides such a bonus offer is sometimes difficult. So it is important to follow regular updates and promotions from various online casinos not to miss the chance to get it. The last tip is not to be naive and carefully check each bonus offer’s conditions so as not to get hooked on a scam promotion from an unreliable casino provider.
