No Wagering Casino Bonuses
Best Casinos with Low to No Wagering Requirements in Canada. So keep on reading to learn more.
No Wagering Casino Bonuses in Canada
Every gambler dreams of coming across a casino with no wagering requirements. In fact, even casinos with low wagering requirements are considered a rarity. In this guide, we’ll tell you all about the very best online casino sites with the lowest wagering requirements in Canada (or no requirements at all).
If you’re a Canadian gambler looking for the best bonus options on the Internet, you’ve definitely come to the right place. In fact, here are three online casinos you need to add to your shortlist.
1. LeoVegas Casino
LeoVegas is easily one of the most popular online casinos in all of Canada. Not only is it extremely reputable, but it has also received a number of awards from highly reputable organizations.
When you sign up, you get 50 no wager requirement free spins. The real kicker? There’s not even a deposit required.
That’s right, if you want to just dip your toe into the waters of online gambling, you can do it at LeoVegas without dealing with wagering requirements or even using your own cash!
2. PlayOJO Casino
The PlayOJO casino offers Canadian players 50 free spins with no wagering requirements at all on their very first deposit.
Best of all, the minimum deposit is only C$10, which means that even players on a tight budget can get in on the fun.
With no winning caps, no restrictions, and the ability to withdraw any winnings right away, there’s no downside to PlayOJO at all.
There is one caveat, however, you can only use your free spins on the Thor The Trials Of Asgard slot.
3. Videoslots Casino
Videoslots is a well-known casino all around the world.
Among its claims to fame are its massive collection of games and – as you might have guessed – its no wagering requirements bonus options.
If you’re brand new to the site and have a Canadian IP, you can claim 11 free spins with no associated wagering requirements on your first deposit of at least C$10.
The only hitch is that the free spins need to be used in the first 24 hours of sign up. You can use them on the Starburst slot (which is one of the most fun and addictive games on the site).
Have you heard yet?
Every online casino has its own wagering requirement rules and stipulations. Some are pretty tricky too, which is why you should always read the terms and conditions before opting in for a bonus.
Can Casinos Offer Bonuses with No Wagering Requirements?
There’s nothing in Canadian law stating that online or brick-and-mortar casinos can’t give their players bonuses without wagering requirements.
There is no safety or security issue associated with doing so, providing you sign up and register with your name and information.
You also want to make sure you’re registering with a licensed casino, which in Canada means one that is licensed by the MGA, UKGC, or the Kahnawake Gaming Commission.
This is important because no wagering requirement bonuses are extremely attractive to new players. If the casino is not on the up-and-up, there may be more waiting for those that sign up than just a chance to play for free.
What Exactly are Wagering Requirements?
A wager is the multiple of a bet (usually expressed in 20x, 30x, etc.) that needs to be staked before you can collect your winnings from a bonus.
For instance, if a casino is giving players a C$100 deposit match for up to C$100 as well as 15 free spins, they will usually put a wagering requirement on that bonus.
Let’s assume that, in this case, the requirement is 35x. This means that you’ll need to wager C$3,500 before you can take possession of any of the money you win from that deposit match or the related spins.
Free spin bonuses also come with wagering requirements, but they are usually only applied to your winnings.
We have an article on wagering requirements that goes into much more detail if you’d like to have the topic explained further.
What Does it Mean to Have No Wagering Requirements at All?
When a casino doesn’t have any no wagering requirements associated with a bonus, it means that any money you win from your bets is instantly awarded to you in the form of withdrawable cash.
There are no x20 or x30 requirements before that money becomes yours – it simply is yours as soon as you win it.
Obviously, the chance at winning free cash from a free bet is extremely attractive, but it’s also incredibly rare.
That’s why you’re much more likely to comes across casinos that offer lowered wagering requirements than those that offer no requirements at all. It simply isn’t good business for the casino unless they’re getting thousands of players to sign up based on the bonus alone!
Have you heard yet?
Even if a casino doesn’t offer a no wagering requirement bonus at sign-up, you can often earn cash prizes with no associated requirements by participating in tournaments.
Types of No Wagering Requirement Bonuses
Even though no wagering requirement bonuses are quite rare, it can be surprising just how many different types there are.
For instance, you can easily find free spins, reload offers, welcome bonuses, deposit and no deposit bonuses that lack any sort of wagering requirement – it just depends on which casino you’re visiting at any given time.
In this section, we’ll provide an overview of different bonuses, how they differ, and which ones offer the best odds while playing from Canada.
No Wagering Free Spins
This is considered the most common of all no wagering requirement casino bonuses. They are basically a specified number of free spins offered to players who are new at any given casino.
They typically require a deposit for activation, but they still feature no wagering conditions for any accumulated wins.
However, keep an eye on the terms and conditions, as there are often lots of restrictions on winnings and even which games you can play.
No Wagering Welcome Bonuses
These are perhaps the hardest no wagering bonuses to come by. However, if you look really hard, you can find them scattered about.
Just keep in mind that a lack of wagering requirements typically means that the offers won’t be super enticing. Usually, it’s just a small cash bonus that may or may not be packaged with some free spins.
No Deposit / No Wagering Free Spins
These are among the most sought-after bonuses out there.
They don’t require any deposit at all to claim the offer, and the lack of wagering requirements means that you don’t need to put up a ton of cash in order to withdraw your winnings.
Even with terms and conditions, there’s not too much an online casino can do to restrict your play.
Low Wagering Bonuses
There are tons of other bonuses out there that are extremely beneficial to players, even if they do come with certain wagering requirements. Examples include:
- No wagering Blackjack bonuses
- No wagering Roulette bonuses
- No wagering Poker bonuses
- No wagering Live Casino bonuses
Table games like those listed above have a particularly low house edge, so they aren’t as profitable to a casino in the long run.
Even so, casinos will sometimes consider it worth the risk to get a bunch of new players signed up and gambling.
Have you heard yet?
Wagering requirements exist so that players are required to risk something in order to withdraw their winnings. They are also a big factor in keeping criminals from using the casino to launder money or move funds from account to account.
Wagering Bonuses PROs and CONs
PROs
- They usually involve very little risk.
- They are a great way to try out a casino or a specific game.
- You can withdraw your winnings as soon as you earn them.
CONs
- The offers are usually quite small.
- They are very rare and hard to come by Terms and Conditions may limit winnings or play.
Have you heard yet?
Some regulatory bodies in the gambling world require casinos to include wagering requirements on all of their promotions to reduce the risk of money laundering.
Claiming Your No Wagering Requirement Bonus
Casinos want you to sign up and play – that’s how they make their money! For that reason, the steps to claim your no wagering bonus are usually pretty easy. The process usually goes something like this:
- Visit our casino reviews page for a list of online casinos that offer no-wagering bonuses.
- Visit the site and read the Terms and Conditions associated with the bonus.
- Register for an account and sign-up for the bonus you want (ex. no wagering bonus).
- Deposit the minimum amount (if any).
- Claim the bonus and and go to the games lobby.
- Use the bonus to play eligible games.
- If you win, you can decide to cash out or use those winnings to keep playing.
Have you heard yet?
When gambling with a bonus that includes wagering requirements, you need to keep in mind that not all games contribute to those requirements equally. Where slots are usually 1-to-1, table games can only count towards ¼ of the amount!
Conclusion
It’s no surprise why no wagering requirement casino bonuses are incredibly popular. However, they are also extremely rare!
Fortunately, CanadaCasinoNews does the hard part for you! You scour the Internet for the best no wagering requirement casino bonuses and report them back to you. With us at your side, we can get you playing for less (and winning more) in no time!
