What are Wagerless Casinos?
bgo Casino is widely considered to be the highest rated, reputable casino which offers players no wagering requirements.
At most online casinos the majority of bonuses are subject to these requirements which state the amount of times you will need to stake the sum of a bonus in order to release your bonus winnings into your account balance.
Wagerless Casinos Explained
While gambling usually means risking some of your own money for the chance to win a prize, there are an increasing number of ways to gamble for free.
Many online sites offer free spins or free bets as a reward for new players, as a bonus during games, or as part of a special promotion for site members.
Gamblers can make these free plays, usually limited to a certain number of turns, without risking any of their funds. These wagerless plays are active, so any prizes won during the free turns are awarded to the player.
Some sites have strict rules surrounding wagerless play and bonus rewards, requiring players to meet certain conditions before they can withdraw any winnings made from a free bet.
Wagering requirements are set amounts (for example, 100% of the bonus value) which must be played on the site before a player can make a withdrawal.
How much a bet contributes to the wagering requirement often depends on the game being played and the coin value of each bet.
Some casinos have adopted this wagerless model outside of promotions and bonuses. Wagerless casinos operate on a business model that mixes cash play with a wagerless accumulation meter that is always active.
The more a player deposits and bets, the more ‘wagerless’ spins and hands they can achieve. Like welcome bonuses and promotions, wagerless casinos have strict requirements for players in terms of wagering and withdrawals.
The model is popular because it allows players to get more play time for their spending, and has the added element of achievement for players who like accumulating rewards.
It also makes sense for casinos who want to improve customer retention rates. A player set on earning as many wagerless plays as possible is unlikely to split their betting across a number of sites.
It seems likely that the wagerles model will replace the standard reward points offered by traditional online venues, which are exchanged for small cash amounts but add little value to the play experience for players.
Looking to find a wagerless casino to play at? Read our guide to the top online casinos.
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