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Players get a certain percentage of funds as a cashback bonus for making deposits and playing. The cashback bonus may be either on the amount deposited through the day or any such defined and specific time period or on losses incurred over a specific period of time.
A good example of such a casino is No Bonus Casino. Not all online casinos are keen to offer the zero wagering requirement option.
The middle path that some casinos adopt is to offer bonuses with low or minimal wagering requirements. These casinos are gaining popularity because for players it is easy to sign up with a casino that offers a welcome bonus with a 20x or 25x wagering requirement — even 30x — compared to one that has a 40x or 50x wagering requirement.
All no wagering and low wagering casino bonuses have their terms and conditions attached. The standard terms and conditions all apply.
The difference is in the wagering requirements: the numbers are lower or zero compared to the bonuses at other casinos.
One way the casino safeguards its interests while offering the no wagering bonuses is by requiring players using this bonus to make a deposit when it comes to redeeming winnings from these bonuses.
You will have the maximum withdrawal limit clause in place usually if it is a no deposit bonus.
The answer is apparent in the term itself. At most casinos, you will need to fulfil the wagering requirements to be able to withdraw winnings from a bonus; this stipulation is not there in a no wagering casino.
This is a big step ahead because bonuses usually come with wagering requirements to ensure players do not misuse the bonus and also have you paying for what you want to redeem.
A wagering requirement is a mechanism that casinos adopt to ensure that players are not able to misuse the bonus provided and also to ensure a profit despite having to pay out winnings.
The wagering requirements need you to wager your bonus amount a specified number of times to be able to redeem your winnings.
At some casinos the wagering requirement or rollover is not just on the bonus amount; it covers the bonus amount as well.
A 40x wagering requirement on the bonus amount means you will need to wager an equivalent of 40 times the bonus amount you got to be able to cash out winnings from this bonus.
Casinos attach wagering requirements to their bonuses to ensure players do not misuse them and also to prevent losses because of the bonuses they offer.
To ensure compliance with requirements laid down by these bodies and provide fair gaming opportunities, nowadays there are a few casinos that offer no wagering bonuses.
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