10th May 2022
If you are a regular player in online casinos, there is a huge chance you have come across casino bonuses with frustrating wagering requirements. A no wagering casino does things differently in this regard. Simply put, you don't need to go through any frustrating hurdle to cash out your winnings. Although most players understand how beneficial a no wagering casino in Australia is, they don't know where to find the right one. Thankfully, we have put together some of the best options in the industry, along with tons of other beneficial information about no wagering casinos.
What are wagering requirements?
The wagering requirement is the number of times you will need to play through a bonus amount before it converts into cash you can withdraw. For instance, let us presume a casino offers you a $20 bonus with a x20 wagering requirement; you need to play for $400 before you can withdraw your winnings and bonus cash.
Types of no wagering bonuses: Offers for new and current Australian players
There are various bonuses available to Aussie players in online casinos. These bonuses apply to both new and existing players. However, before you decide to settle for a bonus, you need to go through the terms and conditions. This is because, in some instances, casinos include clauses that might make it more difficult to cash out your winnings.
For instance, some bonuses come with time limits. That is, they are only available for a specific period before they expire. If you want to get the best from this egt casinos type of bonus, you will need to know when it expires, so you use it up before the date. Also, some bonuses can only be fulfilled by playing only specific games. You need to know all these first to ensure you end up with the bonus that is ideal for you. Now that you know there are different types of no wagering bonuses available for players to choose from let us look at some of the most common ones.
Sign-up Bonus No Wagering
This is a bonus that you get as soon as you sign up with a no wagering requirements casino. The moment you sign up, the bonus immediately reflects in your account. But these kinds of bonuses are only for new players. If you have been playing in the casino before as a registered member, you will be unable to access this bonus.
Many websites offer this bonus to players, and it is the most common one you will come across as a new player. A sign-up bonus can come in the form of free spins, cashback, and so on.
No wagering Free spins
Online casinos offer free spins to both new and existing players alike. In some cases, it is used to promote new slot games to encourage players to try it out. Here, the casino offers you a specific number of free spins, which you can use on any game of your choosing.
Usually, the terms and conditions determine how you will withdraw your winnings. But a no wagering free spin bonus lets you withdraw your earnings immediately.
Deposit Bonus No Wagering
The deposit bonus works differently from the no-deposit bonus. A no deposit casino bonus no wagering is, however, very common in online casinos. Here, you need to make a deposit to get the bonus after registration. The money is added to your deposit, which increases your bankroll and offers you more opportunities to win. For instance, let's presume you deposit $50, and the casino has a deposit bonus offer of $100, your overall balance becomes $150.