Thanks to the rising number of online casinos, you can easily find massive bonuses and promotions targeting Canadian players. However, what you see on the surface is never the whole story. Almost all bonuses come with multiple wagering requirements you must meet before withdrawing any bonus winnings.
Luckily, The Slot Buzz has some good news for players wanting to find a bonus free from this binding rule. The text below will help you figure out what a wagering requirement is and where you can find the bonuses without any.
About No Wagering Casino Bonuses
To some of you, a no wagering casino bonus may sound like a far-fetched deal. This doesn’t come as a surprise since these bonuses are hard to come by. Yet, finding a no wagering bonus isn’t easy, but that doesn’t mean you can’t find one at all.
In fact, we’re here to tell you that no wagering casinos exist, and they’re home to various bonuses free from any wagering requirements. These bonuses can be no wagering free spins, no wager bonus money, or some promotions with pretty low wagering casino bonuses.
Naturally, claiming no wagering bonuses come with many benefits, but before you actually go for it, you should learn everything you can about it. You can find the details about this bonus type in the text below.
What Are No Wager Casino Bonuses?
To put it simply, if you play games in a no wagering casino and claim no wager bonus funds or free spins, you’ll be able to keep all the bonus winnings. There won’t be any bonus wagering requirements to meet, and all your winnings will turn into real money you can cash out.
For instance, if you get 50 free spins with no wagering requirements and win $10 from that free spins bonus, those free spins winnings will be added to your real money balance. In other words, you will be able to cash them out if you don’t want to play through them anymore.
Why Do Slots Bonuses Have Wagering Requirements?
Canadian online casinos claim that having wagering requirements prevents online money laundering. Simply put, the demand to play through your bonus a couple of times carries some risk that would stop criminals from depositing their illegally-fetched cash and withdrawing it as clean online casino winnings.
Furthermore, wagering requirements are there to fend off players who only create a casino account to grab the free casino promotions. Protections shaped as wagering requirements prevent players from stopping by and grabbing the free casino deals without spending any of their only money.
How to Calculate How Much You Must Wager?
If you end up in a casino with wagering requirements, you should know how to calculate the total amount of money you should wager. Let’s say that you’ve got a bonus worth $10, and the casino has 30x wagering requirements. This means you should play through your $10 at least 30 times and wager a total of $300 to become eligible for withdrawal.
Of course, this is an example of a free spins offer, no deposit bonus, or a welcome bonus that doesn’t require a minimum deposit. On the other hand, some casino sites can also require that you wager the sum of your investment and bonus if you’ve triggered a deposit bonus offer. For example, if you deposited $10 and got an extra $10 bonus, with the same wagering requirements of 30x, you’ll have to wager ($10+$10)x30=$600.
Free Spins No Wagering
No wagering free spins are a popular category among free bonuses, similar to online slots among online casino games. On top of that, if those free spins come with no wagering requirements whatsoever, they become an even more sought-after prize. Both new and experienced players love seeing free spins without wagering, and there are several valid reasons for that.
Benefits of No Wagering Casino Bonuses at Slot Titles
As mentioned above, no wagering casino bonuses feature several different benefits that make them desirable among players. Here are the top reasons to look for these bonuses in Canadian casino sites.
You Can Withdraw Your Winnings Instantly
Claiming a no wager bonus comes with many benefits, the first of them being the chance to withdraw your winnings right away. As you don’t have to meet any wagering requirements, you won’t have to spend a whole day trying to meet the rollover to win some insignificant prize.
Light Terms and Conditions
Although no wagering bonuses come with some rules attached, none of them will be as harsh as wagering requirements. With this one gone, you’ll comply with the rest of the terms rather easily.
The Risk Is Minimal
No wagering bonuses carry a minimal risk of losing real money funds. What’s more, if you happen to be that lucky to stumble upon a no deposit bonus without wagering requirements, there’s actually no risk at all since you won’t be investing any real cash in the first place.
Associated Terms and Conditions
Once you find the right no wagering bonus, look into its terms and conditions right away. Even though you won’t have wagering requirements to meet, you’ll need to follow other rules upon claiming these bonuses:
- Bonus expiry dates — Each and every online casino bonus has an expiration date. From the moment of activating the offer in any of the Canadian no wagering online casinos, you’ll have a certain period to spend the free spins or cash bonus. Unless you manage to do that, your bonus will become void, and you won’t have another chance to claim your winnings.
- Restricted slots — In most cases, Canadian online casinos allow their bonuses to be used on a handful or even a single slot game. Any other title that isn’t on the list becomes restricted for that particular bonus, and you can’t use the no wagering promotion to play any such game.
- Maximum bet — The maximum bet size is also set in advance by many online casinos in Canada. You have to respect this limit at all times to get your hands on your bonus winnings.
These are only a few terms and conditions you should be aware of when claiming no wagering deals. Make sure always to read all of them so that you avoid any potential issues with claiming your no wager free spins or a wager-free cash bonus.
Frequently Asked Questions
What types of no wagering bonuses are there in Canada?
No wagering free spins represent the most common bonus type found in no wager casinos. In addition, some wager free casinos also offer bonus cash completely free from wagering. Note that casinos sometimes may use a specific bonus code necessary to unlock the bonus spins or cash bonus.
What are online casinos with low wagering?
These casinos aren’t completely free from wagering requirements. However, in these low wagering online gambling venues, wagering requirements are far below the industry standard and can be met more easily.
Do no wagering casinos impose other bonus rules?
Yes, they do. Although you may not have wagering requirements to worry about, you’ll still have to use the bonus within a particular period, spend it on selected games, and so on.