Do No Wagering Bonuses Exist at New Real Money Casinos?

One of the primary drivers behind the incredible expansion of the online gambling industry is the generous use of bonuses and promotions. Unlike their land-based counterparts, which seldom offer incentives, online casinos are quick to welcome new players and reward loyal patrons. Bonus credits empower gamblers to play online casino games for free and potentially win big on a fortunate day.

However, before withdrawing any bonus winnings, players must first meet the wagering requirements. This is precisely why some players opt out of claiming casino bonuses altogether. Others set out on a quest for no wagering casino bonuses. But do such bonuses truly exist, or are they merely a gambling myth? Continue reading to discover the truth!

What Exactly Are No Wagering Casino Bonuses?

However, before accepting any casino bonus, it is highly recommended to carefully review the terms and conditions to understand the wagering requirements. Often referred to as the playthrough requirement, this dictates the number of times a gambler must wager an amount equivalent to the bonus before they can withdraw any winnings generated from that bonus. For example, if a $100 casino bonus comes with a 40x playthrough requirement, players must wager a total of $4,000 before withdrawing their winnings. With this definition in mind, a no-wagering casino bonus is a reward that has no such playthrough requirements attached.

How to Find No Wagering Casino Bonuses in Singapore

In the past, before wagering requirements became standard, gambling sites would readily offer players bonuses with no playthrough conditions. Players could claim these prizes and use them without any restrictions. However, due to instances of widespread bonus abuse by a minority of players, operators found it necessary to implement wagering requirements.

Nevertheless, this doesn't signify that casino bonuses without wagering requirements are entirely extinct. Online casinos, particularly newer ones entering the Singapore market, may offer no-wagering bonuses to gain a competitive edge. However, these are few and far between, as most operators understand the financial benefits derived from bonus wagering requirements.

Ultimately, players might need to put in extra effort to locate no-wagering bonuses within the highly competitive iGaming landscape. Furthermore, when found, the bonus amount is often considerably smaller compared to traditional casino incentives offered elsewhere.

Alternatives to No Wagering Casino Bonuses

The reality is that finding genuine no-wagering casino bonuses can be quite challenging for Singaporean players. Therefore, it's advisable to avoid spending excessive time searching for such rewards. Instead, focus on finding casino bonuses with reasonable wagering requirements, ideally below 30x. A deposit bonus with wagering requirements of 1x or 5x is quite common, particularly in certain markets like the US. With such favourable terms, players can enjoy their winnings without excessively straining their budget.

Pros and Cons of No Wagering Casino Bonuses for Singaporean Players

No wagering casino bonuses are undoubtedly the online casino bonuses worth taking. Any gambler should salivate at the fact that the bonus package is theirs to keep without fulfilling any playthrough requirements. But these bonuses have their downsides as well. We listed them below:

Pros:

• Uncomplicated and time-consuming wagering requirements.
• Players keep what they win in withdrawable cash.
• It is easier to withdraw and keep than other bonuses.

Cons:

• No wagering requirement casino bonuses are rare.
• The bonus amount is usually small.
• Most casinos give this bonus in the form of free spins.
• Shorter time restrictions than traditional bonuses.

Other No Wagering Casino Bonus Conditions to Know

No wagering casino bonuses may not have any playthrough requirements. But this doesn’t mean players can abuse these rewards anyhow. Most operators include other terms that govern how players use the bonuses. They include:

Minimum Deposit

Nothing goes for nothing in the world of online gambling. Most casino operators will require players to make a minimum deposit before triggering the no-wagering bonus.

Deposit Method

Before making a minimum deposit to claim the bonus, confirm the qualifying deposit methods. Usually, credit and debit card deposits via Visa and Mastercard qualify. Conversely, online casinos can restrict e-wallets like Skrill and PayPal because these methods don’t share personal information.

Maximum Winning

The casino can also place a cap on the maximum amount players can win using the bonus amount. For example, a player can get a $50 no wagering casino bonus with a $500 win cap. This means the maximum amount players can withdraw from the bonus is $500, even if they trigger a jackpot. So, a higher win cap is usually better.

Maximum Bet Size

Bet size limits are other conditions that players often face when using a no-wagering bonus. The casino will usually specify the maximum bet amount using the casino bonus. This is common with traditional bonuses when clearing the playthrough requirements.

Validity Period

How much time do players have to use the no wagering casino bonus? Answer this question before claiming it. Because no wagering bonuses are usually small, the casino will include a shorter timeframe, typically less than seven days.

The Takeaways

No wagering casino bonuses can be irresistible most times. But that’s only if players can find these bonuses in a world dominated by wagering requirements. Therefore, choose a traditional bonus with the lowest possible wagering requirement. Just look closely!