Last Updated on by Amelia Cassiday

With the online bingo arena getting more and more competitive, a number of platforms are now offering no wagering bonuses. In a nutshell, this means that any winnings that derive from your welcome package can be withdrawn instantly - with no requirement to turn the bonus over.

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What Are Wagering Requirements?

In the vast majority of cases, a casino, sports, or bingo bonus will have a wagering requirement attached to it. Express as a multiple (such as x2 x3, etc), the wagering requirement refers to the number of times you need to gamble the bonus funds before you are permitted to make a withdrawal.

For example, let's say that you claim a £100 welcome bonus with a 5x wagering requirement. This means that you would need to stake at least £500 before you would be able to withdraw any winnings out. Interestingly, the casino segment of the online gambling industry typically asks for bonuses to be wagered at a rate of x40 or more.

On the contrary, bingo bonuses and promotions come with a wagering requirement that rarely exceeds x5. However, as we at BingoSites.co.uk will explain in the next section, a number of bingo platforms now offer bonuses that come with no wagering requirements whatsoever.

Why Do Sites Offer No Wagering Bonuses?

If you are wondering why a bingo site would offer a bonus that requires no wagering, the answer is simple - it is a marketing strategy to entice new players to their platform. As we noted earlier, the online bingo space - especially in the UK, is now a really competitive battleground. As such, bingo platforms are forced to out-compete their fellow rivals by offering lucrative no deposit bonuses!

With that being said, bingo platforms are not overly concerned with whether your bonus funds turn into real money winnings, as the long-term hope is that you will remain on the platform. If you do, then the casino will strive to recoup their no wagering bonus losses back.

In most cases, it is typically newly launched bingo websites that offer no wagering bonuses, not least because they don’t have a long-standing reputation to fall back on. This shouldn’t concern you, however, as all bingo sites operating in the UK must be licensed by the UK Gambling Commission.

Types of No Wagering Bonuses

Bingo sites with no wagering requirements will offer bonuses in a range of shapes and sizes. In some cases, no deposit bingo sites offer you a bonus without being required to fund your account! As such, we’ve explained how each bonus type works in more detail below.

Bingo Tickets

The most common type of bonus that bingo sites with no wagering requirements will offer is that of free bingo play tickets. As the name suggests, you will be given a set number of bingo tickets when you initially open an account.

In some cases, the casino will stipulate that the tickets need to be used within certain bingo rooms. Although this isn’t an issue per-say, it’s something to keep an eye out for.  Moreover, the max offer bingo tickets is sometimes capped, so do check this.

Nevertheless, as the free bingo tickets are offered in conjunction with a no wagering bonus, any winnings that derive from the tickets will be paid to your cash balance, meaning you can withdraw them straight out!

Finally, as there is no offer bingo tickets worth, you can’t exchange the tickets for cash.

Free Spins

Some no wagering bingo sites will also give you free slot machine spins. This will either be offered as a stand-alone no deposit required bonus, or alongside the more popular free ticket offering. Either way, you will likely need to use your free spins on a certain slot machine, and in some cases, your winnings will be capped.

Nevertheless, any winnings that you do accumulate from the bonus spins will be credited to your real money balance, so you can withdraw them out once you’ve got through your free spin allocation!

Deposit Bonuses

Much like in the case of a more traditional casino platform, some sites bingo websites in the UK Offer a matched deposit bonus. This is where your first deposit is matched up to a certain amount. However, unlike a conventional casino website, bingo platforms that offer this particular promotion on a no wagering basis will not require you to turn over your winnings.

Cashback

Although less common than the other bonus types we have mentioned thus far, some bingo websites will offer a cashback bonus. For example, if the platform offers £10 cashback once you deposited and wagered £20, the £10 will be paid as real-world cash irrespective of whether you win.

Reload Bonuses

Finally, you might come across a reload bonus. This is an ongoing bonus that tops up your account deposits by a certain percentage. For example, the reload bonus might offer you a 50% top-up every week, up to £200. If the bonus comes alongside a no wagering requirement, then these types of bonuses are highly lucrative.

Bonus Terms Apply

Although the bingo website in question might market a promotion as a no wagering bonus, you still need to make some considerations regarding the underlying terms and conditions of the offer.

Firstly, you need to check whether or not the bonus funds, tickets or free spins need to be used on certain games. This isn’t a particular concern if you have been credit free spins or bingo tickets, as the system will only allow you to use the bonus if you are playing an eligible game. 

Secondly, and as we briefly mentioned earlier, some bonuses come with a cap on the amount that you can win. This is especially true with slot machine wins, which usually places a per-spin winnings cap.

Most bonuses will also come with a time limit. This is a set period of time - usually expressed in days, that you have to use the bonus. In most cases, this will be between 7 and 30 days, which is more than enough time to use the bonus. However, you still need to be made aware of this.

Finally, and most importantly, irrespective of what bingo website you decide to use, welcome bonuses can only be claimed once. As such, if you attempt to claim a welcome offer more than once, you will have your account suspended with immediate effect.

Best No Wagering Bingo Sites

So now that we’ve covered the ins and outs of what a no wagering bonus is and how the process works, you’re probably wondering which platform you should open an account with. In effect, each bingo website will have its own pros and cons, so you need to ensure that the platform suits your individual requirements.

Nevertheless, at an absolute minimum, you should stick with bingo sites that are safe and secure. By this, we mean that the platform is fully regulated by the UK Gambling Commission and that it offers a number of account safeguards such as SSL certificates.

It is also worth choosing a casino that offers a number of ongoing promotions, such as weekly reloads, daily jackpots, and VIP rewards. In doing so, you can remain on the platform long-term.

Finally, you should also stick with bingo platforms that have an extensive number of games. While this should, of course, focus on the bingo department itself, it might be worth considering what other games the platform hosts. For example, we at BingoSites.co.uk prefer bing platforms that also host slot machines and table games.

FAQs

Why use bonuses with no wagering requirements?
By claiming a no wagering bonus, any winnings that derive from the bonus will be paid in real-world cash. This means that you can withdraw the bonus straight away, without needing to place further bets.

What are the disadvantages of no wagering bonuses?
The main disadvantage of a no wagering bonus is that wins are often capped. Moreover, no wagering bonuses are often much smaller in comparison to a more traditional matched deposit bonus.

Are bonuses of this type found often?
Although they are slowly becoming more wide-spread, no wagering bonuses are still a rarity in comparison to matched deposit bonuses. However, by visiting the BingoSites platform on a regular basis, you’ll be made any of the best no wagering bonuses as soon as they become available.

Can I trust a new site offering a no wagering bonus?
If the new bingo website wishes to service players in the UK, then it might need to be regulated by the UK Gambling Commission. Moreover, the bingo games themselves are created by software developers that must hold a UK Gambling Commission license. All-in-all, new bingo websites are very safe to use, as the UK gambling industry is heavily regulated.

Where’s the best bingo site with no wagering requirements?
Recent no wagering bonuses have been hosted by the likes of Dabber Bingo, Mecca Bingo, Wink Bingo, Blighty Bingo, Dragonfish Bingo, Gala Bingo, Queen Bee Bingo, Apply Bingo, and Sundae Bingo. Nevertheless, we at BingoSites.co.uk aim to inform our readers as soon as the best bingo sites to win on with no wagering requirements releases a new promotion.