What Are Wager-Free Bonuses?
Wager-free bonuses are not limited to a singular description other than the fact they are wager-free. You can get wager-free deposit bonuses, wager-free no deposit bonuses, or wager-free free spins. The general basis is that you do not have to wager a certain amount to be able to claim your bonus winnings. This is a brilliant concept, and more honest to customers, as most other bonuses require users to wager ridiculous amounts before they can withdraw their earnings related to said bonuses.
Wagering can be explained as to “place a bet” or even the “amount of money being betted”. So when a bonus is offered as wager-free, it essentially means there are no requirements to be met in terms of betting in order to truly claim.
How Do They Work?
Wagering means that sometimes you may have to bet your bonus amount more than 30 times, sometimes less or more, its value. If your bonus is $150, then you would need to bet around $4500 to withdraw. If you get free spins, the wagering amount does not link to a monetary amount, but rather a multiplier on your winnings. That’s a lot of time and hope spent on a bonus, especially when that bonus and its funds aren’t even promised. Now how does wager-free work? Simple, you just claim your bonus and enjoy it. No rules or requirements, just fun and profits.
There may be some conditions that follow no wager, aside from milestones needing to be reached. Some no wager, or wager free bonuses, may set a profit cap. Meaning once you win a certain multiplier on your winnings, the bonus will be over. Another condition may be a time limit for the bonus. These are easy trade-offs when you know your profits are ensured.
When Can You Claim Them?
This depends on the casino offering the no wager bonus, although they are not as commonly offered due to their unlimited nature. There are some casinos that offer wager-free bonuses on first deposits or even sign up.
Some casinos may even break up these bonuses over three separate deposits, for example, Vegaz Casino offered a 250% up to €1000 welcome bonus plus 150 free spins. But it was actually a 100% bonus up to €300 plus 50 Free Spins for the first deposit, and the total added up over 2 more bonuses. Some casinos just offer free spins no wager, meaning you can use your free spins and claim the rewards regardless of how much you wager while playing them.
Most likely, you can claim your no-wagering bonuses at sign-up, deposit, or whenever else they are available. You may be able to just click accept the bonus, or you may need to enter a code. Regardless, you can claim no wager bonuses whenever they are available.
Pros and Cons of Wager-Free Bonuses
While there are clearly many benefits to wager-free bonuses, which is clearly why they are fan favorites, this wouldn’t be a fair article unless when went over their flaws as well. For the integrity of this article, we will now cover the pros and cons of wager-free bonuses:
Pros
- No wagering requirements
- Bonus and funds ensured
- Withdraw whenever you want
- Play games with bonus funds
- No extra deposits needed to fulfill wagering
Cons
- Less lucrative
- May have a time limit
- May have a win limit
- Difficult to find
We believe that smaller bonuses that ensure success are greater than lucrative bonuses that you may never actually be able to achieve. While there are some disadvantages to wager-free casino bonuses, they are not impactful enough to take away from the many and deep value offered. But consider all factors before choosing what bonuses you want to claim on.
Wager-Free Bonus FAQs
What is the wagering requirement?
What is wager free bonus?
What is no wager casino?
Do free spins have wagering requirements?
What are wager free spins?
Are no wager bonuses better?
Casino Wager Free Bonus Conclusion
And that brings us to the end of Bitcoin casino wager-free bonuses, we hope we helped you better understand what wager-free bonuses are and the benefits they hold. Wager-free bonuses are not for everyone, especially those looking to claim massive profits, but they hold a well-regarded place in the hearts of gamblers nonetheless. Whether you decide to claim a wager-free bonus, or not, at least you now know more about them than before.
We want to educate you, and as many other people as we can about casinos, bonuses, and games. There are so many bonuses available online, and very often the terms and conditions are not clearly stated, that is where we come in. With plenty of experience in the casino industry, it is our responsibility to help you learn more and make educated decisions moving forward. Casinos are more than fun and games, they hold serious winning potential when approached properly. In order to claim that success, you need to know as much as possible. We hope this helped, and we hope you enjoy any no-wager bonuses you claim from here on out.
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The post Best Bitcoin Casino Wager-Free Bonus Offers appeared first on BitcoinChaser.
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