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- 50 FS on your first Deposit
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Table of Contents
What are no wagering casinos?
No wagering casinos are sites which offer you bonus funds with no need to meet any wagering requirements. That means the bonus cash is the same as real cash; you’re free to use it on real-money games or even withdraw it straight away.
It’s tough to find Canadian no wagering casinos, as nearly all sites include at least some kind of playthrough requirements. This is in place to avoid any instance where players might be able to abuse the offer and force the casino to lose money.
If you’re already sold on no wagering casinos in Canada, you can follow the links provided on this page to find some of the best online sites which offer no wagering promotions.
How do wagering requirements work?
In order to see how great it is to have no wagering requirements, you need to understand precisely how wagering requirements work.
For almost all online casino deposit bonuses, and indeed many other promotions, any “free” money you’re offered will be delivered to you as bonus funds. Bonus funds and cash are different. They can both be used on real-money games, but only real cash can be withdrawn. Bonus funds are ‘locked’ inside the casino.
The ultimate aim is always to withdraw money from the casino, so you need to trade your bonus funds for real money. To do that, you’ll normally have to meet certain wagering requirements. This means you need to bet your funds a certain amount of times.
How it works?
For example, let’s say you receive a 100% deposit bonus of up to CA$20 with 5x wagering requirements. Multiply the numbers together and you get CA$100, which means you need to make CA$100 worth of bets before your CA$20 in bonus funds – and any profit – can be converted into real cash.
Conversely, with a no wagering casino offer, if you receive a CA$20 it’s yours to do with as you please. You can use it on games and stop whenever you like, or you could just cash it out right away.
Types of no wagering bonus
No wagering casinos which offer cash are the dream, and you’ll find links to casinos which have a history of no wagering bonuses right here on this page.
But it’s not all cash bonuses. There are other types of no wagering casino bonuses. For example, you might receive 10 free spins with no wagering. That means you have 10 chances to win on a slot game, and any winnings you make are retained in your cashier exactly like normal cash.
It’s always worth checking the terms and conditions before you use your free spins. Even if there are no wagering requirements, there may well still be a limit on how much you can win using your free spins. For instance, there could be a CA$100 maximum. This is something you should check beforehand, so you know exactly when to cash out – even if you’re on a hot streak.
Wagering vs no wagering
It goes without saying that no wagering casino bonuses are better than those with wagering requirements attached, as they give you instant, real cash. However, there are still some positives to wagering bonuses.
For one thing, they’re easier to find. Bonuses with wagering requirements are present at almost all online casinos in Canada. These can range from 1x or 2x right up to 60x or more. It’s very important to closely examine the terms before you commit to a promotion.
Bigger offers, more restrictions
Also, because the wagering requirements provide something of a safety net for the casinos, you’re much more likely to find larger offers. It’s not uncommon to see hundreds or even thousands of dollars being linked to a deposit bonus with wagering requirements.
However, there’s nothing quite like the promotions available at Canadian no wagering casinos. These unique bonuses are deposited right into your cashier and can be used just like real cash, straight away.