You’ve seen it before, you’ve fallen for it before – a nice, juicy bonus that will really give your bankroll some bang. You jump at the chance, play your favourite games and, of all the luck, you win some great cash.
And then you try to withdraw your winnings.
This is where you come up against the dreaded ‘wagering requirements’. Those annoying conditions that stop you from withdrawing your winnings or, worst case scenario when you don’t follow them to the letter, can even cancel out all your winnings completely.
But things are changing. Online and mobile casinos are seeing the light and are coming up with new and better ways to entice and reward online gamblers onto their platforms – and the best of the bunch right now is no wager bonuses and free spins.
What are No Wager Bonuses and Free Spins?
In brief, no wager bonuses and free spins are spins and bonuses that have NO WAGERING REQUIREMENTS attached. At all. None. Zero.
What does this mean for online players, especially those from South Africa? It means that you can take advantage of a bonus offer, get some extra punch in your bankroll, play, win and withdraw the money whenever you want.
Your winnings are yours. Every cent. Well, every cent within the very small Ts & Cs which we will get to next.
What’s the catch with no wager bonuses?
That’s the beauty of it – there are no catches. But there are Terms & Conditions.
- There is a limit to how much of your winnings you can withdraw (usually 10x your deposit and bonus amount).
- There is a minimum and maximum amount on your deposit.
- You cannot withdraw your deposit and bonus amount.
- Some casinos will limit no wager bonuses to online or mobile slots only, or even to specific slots games.
And that’s it.
Obviously, there may be Ts & Cs that are specific to your chosen online casino and their policies (and you will still need to make sure you read and understand the Ts & Cs as they relate to any bonus offer) but, in essence and in general, those are the only conditions you will face when redeeming and playing a no wager bonus.
Where can I find no wager bonuses for South African online casinos?
The whole no wager bonus and no wager free spins movement is just starting out and, to our knowledge, there is only one South African mobile and online casino offering it as a part of their promotions: Jackpot.
Jackpot is a new casino for our market but we think it’s going to be hitting the jackpot for South African players. Not only are they bringing a new and funky vibe to players, they are also doing their utmost to make playing easy and rewarding for everyone. Check out our review here.
How do now wager bonuses work?
We’re going to use Jackpot as our example just because it is a real life offer with real life conditions.
Jackpot no wager welcome bonus:
200% no wager first deposit match up to R10,000. 10x limit.
- You sign up, redeem the bonus and deposit R1,000.
- You get a 200% first deposit match which means Jackpot gives you an extra R2,000.
- You now have R3,000 to play with.
You hit the slots (because the Jackpot no wager bonus is for slots only) and win R2,500.
- You can choose to withdraw that R2,500 immediately or carry on playing.
How do the Ts & Cs affect the winnings?
- Your deposit + bonus total is R3,00.
- You can choose to withdraw a maximum of R30,000 in winnings (10x your R3,000).
- Your minimum deposit is R100, your maximum deposit is R10,000 (Jackpot house Ts & Cs apply).
- You cannot withdraw your initial deposit and bonus (R3,000) – but your winnings are yours to do with as you wish.
NO WAGERING REQUIREMENTS. NO PLAYTHROUGHS. NO WORRIES!
It’s changing the playing field for South African gamblers
We’re not gonna lie – this is huge. It changes how many players will take up bonus offers. It changes how prospective players will be judging online casinos. It makes online and mobile casinos more open and more approachable.
And it makes the chances of actually winning real money and being able to withdraw and spend it that much better!
We are thrilled!
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