What is a No Wagering Casino Bonus?
A no wagering casino bonus is what it sounds like - a bonus with no wagering requirements. Whatever you win is yours to withdraw straight from your real money balance. So, what’s next? You can either cash out your winnings or use them to keep playing.
In simple terms, a no wagering bonus gives you a nice little boost while offering a real chance to win some cash. These bonuses can come in different forms, like free spins, deposit matches, or cashback offers.
The key difference between this type of bonus and others lies in the wagering terms. A wagering term tells you how many times you need to play through your bonus (and sometimes your deposit) before you can withdraw any winnings.
This process can make cashing out harder and take longer, especially if the bonus is big or the wagering terms are steep. That’s why no wagering bonuses are so appealing - they're hassle-free.
How No Wagering Bonuses Work
To properly understand how a no wagering casino bonus works, it’s best to use a hypothetical example. So, let’s say you grab one of the many no wagering deposit bonuses available in Ireland. For simplicity, let’s assume the bonus value is €100. Now, since winnings from this bonus are free of any wagering requirements, remember - anything you win is yours to keep.
Let’s say you scored a handsome €200 return on one of the eligible games associated with this bonus. This would mean you’ve earned €200 in profit from the bonus. However, if the exact same offer had just a 10x wagering requirement, you’d need to wager €2,000 to unlock any winnings from this bonus.
Types of No Wagering Casino Bonuses
I’ve touched upon a few forms of no wagering casino bonuses above. Let’s elaborate on the common variations and how they work.
Free Spins No Wagering
Free spins are incredibly popular at Irish online casinos. They come with a set quantity and a fixed value per slot spin and often apply to various popular slot titles. For example, you can get 10 or 50 free spins on NetEnt’s popular Starburst slot.
If it's a free spins no wagering offer, then it will have zero playthrough conditions. So, you won’t need to wager your hard-earned winnings before cashing out.
Deposit Bonus No Wagering
Deposit casino bonuses are hugely popular - sometimes even more so than other offers. Many casinos sweeten the deal by including free spins, creating irresistible welcome packages.
Here’s how it works: make a small deposit to claim a no-wagering deposit bonus. Once you do, you might score a 100% match, doubling your money instantly. Some casinos even offer bigger boosts spread across multiple deposits. It all depends on the site.
You can use these bonus funds to enjoy slots, scratchcards, table games, and even live dealer games.
Cashback Bonus No Wagering
Lastly, you might find that some Irish casinos choose cashback incentives over free spins or deposit bonuses. In this case, you’re given a set degree of protection against net losses - usually for a certain time period. Think of cashback as a safety net. The cashback available is almost always expressed as a percentage, and the higher the percentage, the more you are protected.
As an example, if you found a cashback no wagering offer of 10% for your first three days, if you were €100 in the red, you’d receive €10 in real funds. But if the same situation materialised and the cashback offer was 50%, you’d receive €50 back in real funds. So, as you can see, the higher the percentage, the better the deal. Lastly, any funds received through cashback no wagering offers can be instantly withdrawn or used to play other games.
Advantages and Disadvantages of No Wagering Casino Bonuses
There are many standout advantages to claiming bonuses with no wagering requirements. But, to keep things fair, I should point out the disadvantages, too.
Advantages
- With a casino with no wagering bonus, anything you win, you can withdraw immediately.
- No wagering casino bonuses often have simpler redemption requirements. This means they are suitable for all, especially beginners or casino newcomers.
- They are less ‘risky’ than bonuses with wagering requirements. You don't need to invest large sums of money to meet the wagering requirements, as there are none!
- No wagering bonus offers can come as deposit matches, free spins, or cashback.
Disadvantages
- No wagering bonuses are often smaller than other offers.
- No wagering bonuses often come with lower winning caps than other deals. Casinos set these caps to protect themselves from big losses if someone hits a lucky streak.
How to Claim a No Wagering Bonus
Claiming a no wagering casino bonus is easy. Here's a step-by-step guide:
- From this page, select your favourite no-wagering bonus offer and click the link to go to the casino.
- Complete the sign-up form by providing your name, date of birth, email, phone number, and address.
- Make your first deposit (double-check payment method eligibility and minimum transaction values).
- If necessary, use the deposit funds on eligible games to unlock your bonus. Some sites credit the bonus immediately after the deposit.
- Use your free spins or bonus funds on the supported games.
Top Tip: Before cashing out your winnings for the first time, you may need to verify your account. For this, you'll need:
- Proof of identity - your driving license, passport, or other photo ID)
- Proof of address - a recent utility bill.
Casino Games With No Wagering Requirement
Earlier I mentioned gaming eligibility in connection with no wagering casino bonuses. For clarity, casino no wagering bonuses can apply to one or several games, usually including some of the best online slots around.
Beyond free spins, there are always deposit match promotions and cashback offers. Unlike free spins bonuses, you aren’t restricted to just online slot games. Instead, you could explore table games like roulette or blackjack, test drive some jackpot games, or even check out live dealer titles (subject to T&Cs).