What are no wagering casinos?
Why do some casinos offer no wagering?
How does no wagering work?
Wagering vs no wagering casinos
No wagering casinos, are simply online casinos that don’t require you to stake an agreed amount on the bonus they’ve given you. Rather, any winnings made, are yours to keep and withdraw at anytime with no penalties.
One of the best things when minimising risk is when players find no wagering casinos. This is because no wagering casinos give you the freedom to play with the cash bonus or free spins bonus knowing whatever you win, you get to keep or withdraw.
When it comes to no wagering casinos, you the player have the added advantage and can deposit as much (or as little) as you want without having to think about those never ending bonus terms and conditions that can restrict you from withdrawing any of your winnings.
The answer is simple, back in the day criminals would launder illegally acquired money by depositing it through a casino or fruit machine, play some of it through and withdraw the rest as ‘clean money’ due to the receipt they now have. Secondly, online casinos want you to play longer, and the best way to ensure that happens, especially after they’ve given you a bonus, is to apply a minimal requirement you have to play through on any winnings.
This is the main reason online casinos created wagering requirements as a standard rule across all games. Meaning that any money a player deposits would need to be played through before it qualifies as withdrawable cash. Hence you’ll see high wagering requirements that can be 20x, 30x, 65x the deposit amount.
Many players can get caught out by online casinos due to not reading and understanding the terms and conditions. Don’t forget, wagering only applies, should you accept the online casinos bonus. Should you reject the bonus and play with only the cash you deposit, the wagering requirement does not apply, and therefore any cash won is yours to keep.
Luckily for us, the UK Gambling Commission have helped to make things fairer across all online casinos, by ensuring clearly displayed terms and conditions surrounding bonus offers. Online casinos failing to meet these new standards face hefty fines and even their licenses being revoked.
All online casinos, be it in the UK or international are audited by a number of authoritative bodies within their jurisdiction and in accordance to gambling laws set within those countries. However, always ensure your chosen online casino has a valid license which you can verify via eCOGRA if need be.
Wagering, also known as staking, is the number of times you play through a bonus given to you when you initially sign up to an online casino and make your initial deposit.
For example, say you’re interested in a welcome offer which is 100% up to £150 + 70 spins on Starburst with a 50x wagering requirement. This means based on the 100% ‘up to’ £150, means the maximum you can claim £150, therefore, deposit £150 and you’ll get an additional £150, leaving you with £300 to play with. As for the 50x wagering requirement, this would mean; 50 x £150 = £7,500 + £150 = £7,650! Therefore any amounts won to a minimum of £7,650, cannot be withdrawn until this requirement has been met.
Now that changes everything right, as it puts the edge towards the house not you! That is why we’ve gone out to ‘find the best no wagering casinos’ as the wagering requirement on the bonus claimed is no longer an issue.
If your winnings have been made using the online casinos claimed bonus, ensure it’s either a no wagering casino or you’ve met the required wagering cap. If you’re unsure how much this might be, simply use our free wagering calculator which will give you a clear indication of where you stand.
Always read the terms and conditions of the bonus regardless if it falls under the ‘no wagering casinos’ category.
As stated above, there are two main options to avoid wagering requirements when playing online casinos. Either you choose to go with no wagering casinos or you opt out of the bonus offer and use only the cash you deposit.
Yes and no, it really depends on what you decide to stake your money on. For example games like roulette and blackjack have low house edges, so the casinos most likely restrict the requirements to slot games only. If wagering isn’t really what you want then we’d recommend sticking to no wagering casinos, however if it’s a particular online casino that’s caught your eye, then be sure to use the wagering calculator prior to making a decision.
A play through bonus is simply a bonus that has a wagering requirement. Many online casinos changed the name so they didn’t sound as ‘scary’ to players however the results are still the same. That’s why no wagering casinos are so good as there’s none of that to worry about.
When it comes to deciding between a wagering vs no wagering casinos, it really boils down to your preference!
There’s no doubt that the potential gains with casinos that do have wagering requirements are more lucrative due to the increase in your bankroll. However you do have to meet the wagering requirement.
For instance, an online casino offering 200% on your deposit would mean you have a lot more money to play with that your initial deposit, thus increasing your chances of testing more games or staking higher amounts to trigger the games bonus. In comparison no wagering casinos, only allow you to play with what you’ve initially deposited unless it’s free spins. In either case with no wagering casinos, you play with what you’ve been given and keep what you win.
So whether it’s no wagering casinos or those with wagering, both have positives and negatives, so our advice is to always read the terms and conditions before you take up any offer.
It’s very unlikely! Although originally implemented to spot fraudulent players and money launderers, wagering requirements have given casinos a different sort of ‘house edge’ and casinos ultimately need to make money to maintain their online site and bring you the best games. Unless one day it became a legal requirement, which would take years to implement, there is a greater risk by not having them. So they are definitely here to stay for the foreseeable future. However we will continue to review and find the best no wagering casinos to expand our charts.
For those of you that don’t know, the UK Gambling Commission are there to regulate gambling and supervise gaming laws in the UK. Their remit covers both online and offline gambling from remote betting, land based casino, bingo halls, amusement arcades to the online casinos.
Their biggest objective is to keep crime out and one of the many ways they do this is making sure casinos have a license to offer their services fairly to players, and this includes monitoring their bonuses.
We’ll continue to explore, vet all online casinos across the web, both wagering and no wagering casinos. Any credible online casinos will be fully vetted, analysed, ranked and added the charts.
The same principle applies across all the listings in our charts. All listed casinos have the correct licenses so you know that you are playing with a trusted and safe casino.
Although we can’t tell you that wagering requirements will disappear entirely, the UK Gambling Commission are on your side in making gambling fair, safe and secure. That ties in nicely with why we created ‘which casinos’, as we wanted to give you honest, trusted listing giving you the freedom of choice and peace of mind.
Hopefully that’s covered most of the questions you had on no wagering casinos! ‘Casino and Slots’, want to make sure that all of our players are in the know before making a decision on what casino to deposit your money, whether it be wagering or otherwise.
Now you’ve got all the info, it’s time for you to ‘find the best no wagering casinos’ that meet your requirements, and get playing!