What Is A No Wagering Casino?
In 2017, changes in the way that bonuses were taxed by The UK Government resulted in online casino operators reviewing their bonus policy. Coupled with a desire to make playing online more transparent and simpler for the player led to the arrival of the no wagering casino. A no wagering casino is one where any wins from awarded bonuses or free spins are paid out as cash and subsequently can be withdrawn without additional wagering requirements. In other words, you keep your winnings!
For example Site A may offer you 30 bonus spins from which you win £5. This £5 comes with a x30 wagering term so that means you need to play through £150 before you can withdraw winnings. At a no wagering casino, like those listed below, the £5 win from your spins is paid out as cash and it can be withdrawn (subject to withdrawal terms being met).
The advantage of these particular sites is that understanding bonuses should be straightforward. The money you have to play is basically what’s in your cash account. Disadvantages only occur if you’re a bonus player!
Note that in most cases you will need to make an intial deposit to get spins or a bonus. It’s also worth noting that no wagering spins do tend to come with a maximum cap. For example at Zinger Spins you can only win up to £2.50 from the 25 spins you collect after making a £10 first deposit.