Crypto and Bitcoin casinos are now almost a standard for the gambling industry. Most of them are offering support to digital currencies and letting users play with their favorite virtual currencies. This has created a situation in which casinos are trying to attract the largest number of users possible.
In order to remain competitive, online crypto and Bitcoin casinos are now offering a large set of bonuses and promotions. There are different types of promotions offered, free spins for slots lovers, additional funds, and other types of bonuses. The goal is to become market leaders by making sure that players get access to the best offers.
However, most of these bonuses and promotions have wagering requirements. It means that users would have to gamble an x amount of times their deposited funds or winnings before they are able to enjoy the bonuses and promotions offered by the casino.
Despite that, there are several Bitcoin casinos around the world that have no wagering requirements for their bonuses and promotions. This is something very important for those users that want to really enjoy a good crypto gambling experience.
In the next sections of this article, we are going to share with you all the information that you should know about the best no wagering crypto and Bitcoin casinos around the world. We will tell you how wagering requirements work, why they are bad, and which are the types of promotions that could be offered by crypto casinos with no wagering requirements.
💡 How do wagering requirements work?
It is very important to understand how wagering requirements work and how they can affect the way in which we enjoy some of the games we play. Indeed, you will find different conditions attached to bonuses offered by gambling websites, and we need to pay very close attention to these things.
Every single time that you register in an online casino, you should pay attention to possible wagering requirements. In order to be sure about which requirements apply to your bets and the bonus promotions that you take, you should make sure that you read the Terms and Conditions (T&Cs) linked to the bonuses and promos.
These T&Cs are usually different from traditional T&Cs as they would only cover the terms and conditions that apply to the promotions offered by the casino. You would be able to understand whether there are any restrictions attached or not.
If you do not know what a wagering requirement is, then you should get used to this definition. Wagering requirements are conditions that are linked to a specific promotion in which you are obligated to wager this bonus at least a certain amount of times. If you do not wager the funds received according to the requirements attached to the offer, then you would not be able to withdraw any of the winnings that you generate.
Let’s now leave this technical definition to have a clear example. Suppose that your online casino is offering a top-up bonus of 100% of your deposited funds. If you deposit $100 then you receive another $100 to bet at your favorite games. But can you fully use and enjoy these $100? This is where reading the T&Cs of this specific promotion would let you understand whether there are wagering requirements or not.
If a 20x wagering requirement applies, that means that you would have to wager your funds at least 20 times before withdrawing any of the funds received through the promotion. In our example, you would have to bet 20 times your $100. That means that you would have to wager $100 x 20 = $2,000.
While playing your favorite games after receiving the bonus funds from the casino, you should always follow which is your wager requirement progress. This would help you have an idea of the bets that you should still make in order to be able to withdraw the bonus you receive.
Some casinos are usually making wagering requirements that are very difficult to be played. The higher the requirement the more complicated it would be to clean it. This is why you should try searching for bonuses and promotions that would let you play and receive a reward without having to focus on how many times you wager your funds.
In the next section, we will focus on the negative aspects of promotions and bonuses that have wagering requirements attached.
👎 Why are wagering bonuses and promotions bad?
If you already realize that wagering requirements have a negative impact on players, then you were right. Indeed, adding wagering requirements is usually not good for players when they activate bonuses and promotions offered by the casino. After all, these funds were offered by the platform and not requested by users, which means that they should be fair for players.
When you activate a bonus or any other type of promotion and there are wagering requirements attached, then you are pushed to bet more and lose more money. Online casinos want you to play more times rather than just playing once and withdrawing your funds. Casinos earn more when you play more time than when you make just a few bets.
There are not only wagering requirements attached to bonuses and promotions but there are also other restrictions that could apply. Although having a bonus should be something positive for the players, it becomes something that could be harmful to them and heavily restrict the fun they could have at online casinos.
Some promotions that you would receive would only be available for some games. Not all the games that you play online would offer you the possibility to use your bonus. Then, it becomes a bonus just for the games that the casino considers would be a good fit. This would not only affect your user experience but could also have a negative impact on your pocket. But how is that possible?
Let’s see and analyze how this works mathematically and which things are at stake when we accept a bonus or a promotion from a crypto and Bitcoin casino.
With our previous example, we have deposited $100 and received $100 in bonus money to play at the casino. Now, the Terms and Conditions of this promotion say that we can only wager these funds on games A, B, and C rather than in all the games offered by the casino. Moreover, there is a 20x wagering requirement that applies to the funds that you have deposited.
When we play at online casinos, some platforms let you check the return to player rate, also known as the RTP. This is a key concept that would let us calculate whether it is worth it or not to play certain games to wager our funds or not. The RTP makes reference to the return to the player in the long run. On average, if you play a 98% RTP game, you should expect to receive $98 every $100 waged on that specific game.
That being said and clarified, let’s now understand how this would affect our wagering requirements. If we know that we need to wager our funds 20 times, then we should search for the games with the highest RTP (if available) and see if it is worth taking our bonus or not.
If you bet $2,000 in a game with an RTP of 96%, then you are expected to lose $80 in the long term (2000 x 4% = $80). That means that you should theoretically have $20 left after wagering your $100. Now that you have wagered your funds, you have $20 left plus $100 bonus money, which is now considered as real money balance. We would have, in the end, $120, which is a positive result for us. (Remember, that our initial deposit was only $100).
In our example, with an RTP of 96% and a wagering requirement of 20x, we can say that it is worth taking and activating this bonus. If the wagering requirement would be higher (for example 40x) and the RTP would be lower, then it might not be mathematically convenient to activate the bonus, as we would be losing money in the long term just to receive and clear the bonus.
This is something that you would have to calculate yourself if you want to understand whether it is worth taking and activating a promotion or not. That being said, casinos would usually have high wagering requirements and they would restrict your activities to some of the games with the highest RTP.
🚀 Are there any no wagering Crypto and Bitcoin casinos?
Fortunately, there are some no wagering crypto and Bitcoin casinos in the market right now. Although they are not the most common, they could be very useful if we want to play casinos that would offer us the possibility to enjoy some of the best loyalty programs, bonuses and prizes.
Although it would be difficult to find this type of casino, there are many benefits related to using these types of platforms. The goal is to receive bonuses without having to wager them or activate them if they have acceptable wagering requirements (which are usually beneficial to users).
It is worth taking into consideration that online casinos have offered bonuses and promotions that were very good for players, but unfortunately, these prizes were exploited by users. Due to this reason, wagering requirements have been added and would only be used by those players that want to play for longer periods of time.
Benefits of no wagering casinos
One of the most obvious benefits of no wagering casinos is related to the possibility to withdraw the money received as a promotion as soon as you receive it from the casino. Basically, every single time that you win something, you can withdraw these funds as soon as you desire to do so.
You would not only be able to withdraw the winnings that you get from bonuses right away, but you would also avoid playing for a longer period of time and wagering your funds multiple times. This would let you save money and have a more pleasant experience at these online Bitcoin casinos.
Moreover, if there are no restrictions that apply to the bonuses that you receive, then you would also have the flexibility to play a large variety of games with the bonus money. This is something that you cannot get in some casinos, which will try to push you to play the games they want and wager the funds you received from them.
If there are other types of promotions available and a loyalty program, this would also be very positive for you. You might be able to combine these bonuses with additional prizes, which would let you have an even better Bitcoin casino experience without having to be worried about the wagering requirements or other types of restrictions.
Nonetheless, you must make sure that you read the Terms and Conditions related to the promotions and bonuses before you activate them. Failing to do so might result in you losing more money than the bonus itself in the long term.
👋 What welcome bonuses can you get wagering free?
There is a large number of welcome bonuses and promotions that you can get if you decide to play at Bitcoin casinos that have no wagering requirements. Some of these welcome bonuses include free spins for selected slots, small match bonuses, and also faucet rewards.
Free spins
Free spins are some of the most common welcome bonuses that casinos offer to users without having to wager them. These free spins would let you play a certain amount of times in different slots and you would be able to earn rewards if you win.
Basically, free spins without wagering requirements would be equal to playing slots with traditional funds. The only difference that you can find between no-wagering free spins and free spins with wagering requirements is that the latter would offer you more spins than the former.
In general, you can have 20 free spins without wagering requirements. Nonetheless, if you play at a Bitcoin casino with wagering requirements, you might have 200 free spins. If you want to play casinos without wagering requirements, even 20 free spins would be a good number.
Top up bonus
Top-up or match bonuses are also a very popular way that casinos have in order to incentivize the creation of new accounts. Users are searching for different types of promotions and top-up bonuses are some of the best options offered by online casinos.
These bonuses would reward you with additional funds on top of the ones that you have deposited. In general, these top-up bonuses would be 100% of your deposited funds. However, in no-wagering casinos, you might receive a smaller amount of funds.
The goal here is to offer you a larger amount of funds to start playing different games and slots. Despite being a good promotion, there might be some additional restrictions applied to this welcome bonus (for example, you might only play some games).
Faucet rewards
Finally, there is another type of welcome bonus that could also be very useful for users that want to play at no wagering bitcoin casinos. We are talking about faucet rewards. These rewards would be very small prizes and bonus funds that the user could earn if they request them a few times a day.
Usually, these bonuses require you to be online at the time you request them. The rewards are quite small, but if you request them every day for several days or weeks, you could get a decent amount of funds that would let you have some nice time at different casino games.
The positive thing about faucet rewards being wagering-free is that you would even be able to withdraw them as soon as you reach the minimum withdrawal threshold.
📢 What no wagering promotions can be offered by crypto casinos?
We have already shared with you which are the most common types of welcome bonuses. Now we want to cover which are the best no-wagering promotions crypto casinos are now offering to their clients. The goal is to incentivize them to bet and play for longer periods of time. Some of these rewards could be very useful.
Rakeback
Usually, one of the most common promotions offered by online crypto casinos is rakeback. Rakeback is a very useful promotion that lets users receive part of the house edge back. Basically, the casino rewards you for your bets and funds spent on the platform. The larger your bets, the larger the rewards that you get back.
Usually, the Rakeback percentage is small compared to the bets that you make, close to 1%. Of course, this offer might have different rewards depending on the platform, games, and currency offered.
Tournaments and races
You can also enjoy another type of promotion in which you play tournaments and races with the bets that you make on the wagering-free Bitcoin casino. You would be competing with other players and you would be able to receive prizes according to how high you get into the leaderboard.
Tournaments could be very different depending on the online Bitcoin casino. Some of the platforms would let you play tournaments and races for specific games, while others would simply count all the bets that you’ve made and aggregate them into a leaderboard. The highest positions get rewarded with cash or free spins that don’t have wagering requirements attached.
Loyalty programs
Another way in which gambling platforms can reward users for their time playing at the casino is with unique loyalty programs. These loyalty programs would reward with prizes those users that reach certain levels.
Usually, casinos would take into consideration how many funds you bet. The more you bet, the higher the rewards would be. Loyalty programs would give you better rakeback rewards, free spins, higher faucet rewards and smaller wagering requirements on some platforms. The goal is to focus on those users that have made the largest bets rather than rewarding new users.
👉 How to choose the best no-wagering Crypto casino?
It is now time to choose the best no-wagering cryptocurrency casino to play at. But how to select it making sure that we are making a good choice? There are some things that you should take into consideration if you want to play at the best no-wagering bitcoin casinos.
Check the cryptocurrencies supported
The first thing you should do is check which cryptocurrencies are supported by the casino. This would let you know whether you are playing on a platform that lets you use different payment methods or just the ones that fit the best to the casino owners.
The larger the payment methods and the cryptocurrencies supported, the easier it would be for you to have a pleasant time on this platform.
Analyze the withdrawal fees
You should also make sure that there are no withdrawal fees attached every single time you request a withdrawal. Some casinos would add some fees on top of the network fee that you would pay to withdraw your Bitcoin (BTC) or any other cryptocurrency.
Read the terms and conditions
It is very important to read the terms and conditions. You don’t want to play at a casino in which the T&C would not be clear or would end up banning your account. You should also read the T&Cs of the promotions available to understand whether you could use them or not.
Make sure the casino has the games you want to play
Finally, you should analyze whether the casino has the games that you wanted to play. Some casinos would offer you a wide range of benefits but few games to play. Thus, make sure that you have all the games that would let you have a nice and enjoyable time at the online casino.