When players take advantage of a no wagering bonus at a casino or on a betting website, they benefit from less restrictive terms and conditions surrounding the withdrawal of winnings. Many bonus types require a customer to wager a certain amount before they can withdraw winnings, with an example being having to wager 3x the amount of the bonus.
No wagering bonus wagering requirement
A no wagering bonus removes these requirements, with players being able to withdraw winnings straight away without playing through their winnings first. To claim a no wagering bonus, such as free spins on a particular game or a free bet, a customer will need an account with the betting site before any bonus can be applied.
The no wager bonus may have requirements such as depositing a certain amount of funds first, which players should always check for before attempting to access such bonuses.
Turn a no wagering bonus into real money
The most evident benefit of a no wagering bonus is that they are amongst the easiest of the bonuses to turn into real money. A no deposit bonus will typically involve free spins or playable bonus funds that can only be used to play.
However, because there are no requirements on wagering any winnings gained through the bonus, a player is free to withdraw won funds straight away. If a free spin leads to a win on a game, those winnings can be withdrawn into a bank account and don't need to be wagered multiple times.