- Put simply; a no wagering casino bonus are casino offers without wagering requirements. Meaning that once you receive your free spins, you get to keep your winnings instead of wagering them. ℹ️ Example: A new player makes the first deposit of £20 and gets awarded with 50 free spins.
- Free money no deposit mobile casino offers are widespread. Some of the bonuses come with no wagering requirements. Even though the mentioned pros are convincing enough, a few minor flaws should also be mentioned, including: Seasonal character of no deposit promos on some gambling websites. Wagering requirements might be too high.
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There is a new trend in online gambling called no wagering online casinos which have zero or very low wagering requirements. If you are someone looking for a casino with zero wagering requirements or low wagering requirements, you have come to the right place! Thanks to our team of expert reviewers and analysts – all seasoned industry veterans – we are able to provide you not only with information about these casinos but also list out the best of the lot for players from Australia and New Zealand.
Top No Wagering (and Low Wagering) Casinos for 2021
Name | Bonus Details | Software | Play Now |
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WildCardCity Casino | 25 Free spins on Crazy Monkeys No code required – automatic | Quickspin | |
House of Jack | 100 no wagerfree spins after deposit | Quickspin | |
Mansion Casino | Deposit Pounds 10 and Get 20 free spins (no wagering) | Playtech | |
PlayOJO | 90 free spins no wagering after deposit | NetEnt | |
Guts | 50 free spins on Vikings Slot – No Wagering | NetEnt | |
Stakes Casino | 50 free spins no wagerign – after deposit | NetEnt | |
MFortune Casino | 50 free Spins no wagering 18+, T&C’s Apply, Begambleaware.org | NetEnt | |
Reeltastic Casino | Euro 10 no deposit required plus 20 no wagering free spins | NetEnt | |
Casino Jefe | 11 free spins, no wagering, no deposit | NetEnt | |
Rise Casino | Deposit £10 Get Up to £20 & 10 Spins T&Cs Apply. Wagering Requirements Apply. | NetEnt | |
Arcade Spins Casino | Deposit £10 & Get 50 Free Spins on Fluffy Favorites Use code:PLAY50. T&Cs Apply. Wagering Requirements Apply. | NetEnt | |
Secret Slots | 25 free spins no wagering | NetEnt | |
Lucky Dino | 7 no deposit freespins + 100 No wager spins after deposit | NetEnt |
What are No Wagering Casinos?
No wagering casinos are online and mobile casinos that come with no wagering requirements – or minimal wagering requirements – on the bonuses they offer. The advantage for the players is obvious – you don’t have to spend too much money in fulfilling the usually tenuous wagering requirements. For the casino, it is a great way to exponentially increase their player base and make a profit even without putting up high wagering requirements.
Casinos offer the no wagering option on welcome bonuses to new players as incentive to sign up. Some casinos offer this option on bonuses for their existing players. This is offered as appreciation for the player’s loyalty. The option could be offered on reload bonuses, deposit bonuses or free spins.
Why No Wagering or Low Wagering Casinos?
The bonuses at online casinos are usually generous enough to get a player to sign up and be a member. But for the casino, there is always the fear of incurring loss by handing out these generous bonuses and having players use them to score big or even moderate wins. There is also the fear of players exploiting these bonuses, something that was a reality a few years back. The wagering requirements kick in to counter that threat. A wagering requirement of 30x to 40x the bonus amount – some casinos apply it to the deposit as well – has so far been seen as a reasonable condition by players.
However, players do complain about the wagering requirements. Player complaints can be bad for business, especially given that online watchdogs and regulatory bodies keep strict vigil to ensure players are treated fairly. One of the worst things that can happen for an online casino is for one of these bodies to intervene to resolve player disputes and end up blacklisting it.
One way of ensuring none of these things happen is for a casino to tone down on the wagering requirements, or even remove it completely. The casino, of course, has other mechanisms in place to safeguard its interests and bottomline. Not all bonuses would be wagering requirement-free, for instance. The casino could give this offer on one or a couple of bonuses and use that to advertise itself as a player-friendly casino. It is good strategy, and works for everyone.
Types of No Wagering Bonuses at Online Casinos
Not all bonuses are offered as no wagering bonuses. Quite a few casinos nowadays offer the welcome bonus as a no wagering bonus. That is the surest way of getting a player interested, given that it is the first bonus that he will get to use when he signs up for real money play.
The three types of no wagering bonuses that online casinos are beginning to offer their players nowadays are:
No Wagering Deposit Match Bonuses
A number of online casinos are now offering no wagering deposit match bonuses. These can be welcome bonuses that come with zero wagering requirements or very low wagering requirements. The advantage is for both the player and the casino. The player gets to start off his casino adventure by using a bonus that he doesn’t have to spend much on to redeem winnings from. The casino can look forward to more and more players signing up with it.
No Wagering Free Spins
Some casinos offer the no wagering option on deposit free spins. These are free spins that casinos offer when you make a deposit into your casino account. They can be offered in combination with match bonuses as part of the welcome package, or separately as bonuses for existing players to use. The difference is that these have zero wagering requirements or wagering requirements that are very low.
No Wagering No Deposit Bonuses
The no deposit bonus is a popular bonus, but not all casinos offer it. Now there are casinos that offer no deposit bonuses with a no wagering tag. Not too many casinos offer this bonus option, however. One casino that does offer this is BGO casino. This casino offers its UK players a no deposit bonus of 10 free spins, and this offer doesn’t come with a wagering requirement. You find this bonus being offered to Canadian players as well.
Not too many casinos offer this option to players from Australia and New Zealand. For them the options available, and not too many of them, are the casinos with no wagering match deposit bonuses and free spins.
Some have another kind of no wagering offer for their players. They do not offer no deposit bonuses, match bonuses or free spins. Instead they offer cashback bonuses. Players get a certain percentage of funds as a cashback bonus for making deposits and playing. The cashback bonus may be either on the amount deposited through the day or any such defined and specific time period or on losses incurred over a specific period of time. A good example of such a casino is No Bonus Casino.
Popular No Wagering Casino Variants – the Low Wagering Casinos
Not all online casinos are keen to offer the zero wagering requirement option. The middle path that some casinos adopt is to offer bonuses with low or minimal wagering requirements.
These casinos are gaining popularity because for players it is easy to sign up with a casino that offers a welcome bonus with a 20x or 25x wagering requirement – even 30x – compared to one that has a 40x or 50x wagering requirement.
Terms and Conditions at No Wagering/Low Wagering Casinos
All no wagering and low wagering casino bonuses have their terms and conditions attached. The standard terms and conditions all apply. The difference is in the wagering requirements: the numbers are lower or zero compared to the bonuses at other casinos.
One way the casino safeguards its interests while offering the no wagering bonuses is by requiring players using this bonus to make a deposit when it comes to redeeming winnings from these bonuses. You will have the maximum withdrawal limit clause in place usually if it is a no deposit bonus.
No Wagering Casino FAQs
What do you mean by the term ‘no wagering’?
The answer is apparent in the term itself. The term ‘no wagering’ means the bonus doesn’t come with a wagering requirement.
At most casinos, you will need to fulfil the wagering requirements to be able to withdraw winnings from a bonus; this stipulation is not there in a no wagering casino. This is a big step ahead because bonuses usually come with wagering requirements to ensure players do not misuse the bonus and also have you paying for what you want to redeem.
What is a wagering requirement?
A wagering requirement is a mechanism that casinos adopt to ensure that players are not able to misuse the bonus provided and also to ensure a profit despite having to pay out winnings. The wagering requirements need you to wager your bonus amount a specified number of times to be able to redeem your winnings. At some casinos the wagering requirement or rollover is not just on the bonus amount; it covers the bonus amount as well.
What does a 40x wagering requirement on the bonus amount mean?
A 40x wagering requirement on the bonus amount means you will need to wager an equivalent of 40 times the bonus amount you got to be able to cash out winnings from this bonus.
Assume that a casino offered a 100% match bonus up to €/£/$200 with a 40x wagering requirement on the bonus. If you won a €/£/$200 bonus you would need to wager €/£/$8000 (€/£/$200 x 40) to be able to redeem winnings from it. And if the wagering requirement was for the bonus and deposit amount and you deposited €/£/$200, you would need to wager €/£/$16,000 [(200+200) x 40] to be able to redeem your winnings from this bonus.
Why does a casino offer a no wagering bonus?
Casinos attach wagering requirements to their bonuses to ensure players do not misuse them and also to prevent losses because of the bonuses they offer.
However, for a player this can seem unfair since he would need to spend more to redeem less: nobody would like to wager €/£/$8000 to redeem a €/£/150 win, for instance and they have the option to lodge a complaint about a casino if they feel they are being given a raw deal.
Also, regulatory bodies and watchdogs from the industry keep a strict eye on casino practices and provide players the chance to complain about anything they don’t like about the casino. To ensure compliance with requirements laid down by these bodies and provide fair gaming opportunities, nowadays there are a few casinos that offer no wagering bonuses.
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Cobra Casino No Deposit Bonus Codes 2021
20 No Deposit Free Spins Bonus Code for Chillipop slot at Cobra Casino
- Bonus Code: N/a
- Bonus Type: New players no deposit free spins
- Games Allowed: Only Chillipop slot
- Wagering: 40x
- Max cashout: €5
- How to claim: Automatic on registration
Cobra Casino Bonus Codes and Other Promos
Welcome Bonus: First Deposit 125% Match + 250 Free Spins
- Max Bonus: €500
- Minimum Deposit: €20
- Bonus Code:COBRA100
- Permitted Games: Slots, table games (including roulette), video poker, and craps are allowed to be played with the bonus. Slots come with 100%, table games with 10%, video poker with 20%, and craps with 5% wagering requirements, respectively.
- Wagering Requirement: 40x.
- Max Bet: €5
- Max Cashout: N/A
- Free Spin Games: Space Wars, Platinum Lightning Deluxe, Deep Sea, and Dead or Alive.
- Free Spin Wagering Requirement: 40x
- Free Spins will be awarded over 10 days (25 free spins per day).
- Free Spin Max Cashout: N/A
Welcome Bonus: Second Deposit 50% Match + 50 Free Spins
- Max Bonus: €150
- Minimum Deposit: €20
- Bonus Code:COBRA50
- Permitted Games: Slots (100% wagering), table games (10% wagering), video poker (20% wagering), and craps (5% wagering).
- Wagering Requirement: 40x.
- Max Bet: €5
- Max Cashout: N/A
- Free Spin Games: Space Wars, Platinum Lightning Deluxe, Deep Sea, and Dead or Alive.
- Free Spin Wagering Requirement: 40x
- Free Spins will be awarded over 10 days (25 free spins per day).
- Free Spin Max Cashout: N/A.
Welcome Bonus: Third Deposit 125% Match
- Max Bonus: €400
- Minimum Deposit: €20
- Bonus Code:COBRA125
- Permitted Games: Slots (100% wagering), table games (10% wagering), video poker (20% wagering), and craps (5% wagering).
- Wagering Requirement: 40x.
- Max Bet: €5
- Max Cashout: N/A
- Free Spins: Not applicable
Tuesday Free Spins: 25 to 100 Free Spins Every Week
- Max Free Spins: 100
- Min Free Spins: 25
- Deposits for Free Spins: €20 for 25 Free spins, €50 for 50 Free spins, and €100 for 100 Free spins,
- Bonus Code:TU100
- Free Spin Games: Take the Bank and Wings of Riches
- Free Spin Wagering Requirement: 40x
- You are eligible for this bonus only if you exhaust the Welcome Package. The activation, duration, and wagering period for this bonus are all 7 days.
Highroller Bonus: 30% Match
- Max Bonus: €1000
- Minimum Deposit: €300
- Bonus Code:VIP30
- Permitted Games: Slots, table games, video poker, and craps.
- Wagering Requirement: 40x.
- Max Bet: €5
- This bonus is available once a month for all players who have already used their Welcome Package.
The remaining offers contain a Birthday Bonus and all the bonuses associated with the VIP program.
About Cobra Casino
Cobra Casino contains more than 2000 games from over 35 game vendors. Play slots in various categories like classic, video, popular, featured, and multiple lines, or try table games that come with baccarat, roulette, poker, and blackjack options. You also have numerous titles in video poker, jackpots, and live casino categories.
Cobra Casino focuses mainly on the markets of Europe, Canada, and Russia. Players from the United Kingdom and the United States of America are not allowed to visit the online casino. Use a host of payment options including four currency options (USD, EUR, RUB, and CAD). There is also an option to use cryptocurrencies (Bitcoin, Ethereum, and Litecoin) to make payments into your gaming account.
The casino website contains daily promotional offers that bring you bonuses and free spins. You also get a VIP program that offers you benefits like cashback, faster withdrawals, gifts, priority in support, higher deposit & withdrawal limits, and more. Touch base with the casino’s support team any time you want, 7 days a week.
Cobra Instant Play Casino Overview
The casino offers you two options for gameplay – a Flash-powered casino website and an on-the-go mobile casino. The casino website can be accessed by any computer supported by Windows or iOS operating systems. The on-the-go mobile casino, on the other hand, works on all Windows, iOS, and Android mobile devices.
You are required to sign-up before you start playing for real money at the casino. If you only want to play for fun, then do so without signing-up. The casino allows you to enjoy a multi-game screen to four games at a time on a single screen. Of course, this option is only available on a desktop computer.
The game lobby contains eight sections. There is also a search bar to find your favorite games, or use the ‘All Providers’ tab to filter games according to software vendors.
Evolution Gaming Online Casino Games at Cobra Casino
Cobra Casino brings together a large number of games in live dealer formats. Nearly all of these are powered by the world-leading gaming provider in the live games category – Evolution Gaming. Evolution has worked with more online casinos and platforms than any other live game vendor and is trusted worldwide for its high-quality games.
Enjoy many ‘Evolution Gaming’ titles at Cobra Casino, namely Baccarat A, Blackjack First Person, Blackjack Bronze, Speed Roulette, Bet on Numbers, and Speed Baccarat.
Play n Go Online Casino Games at Cobra Casino
Play n Go is known for providing high-quality slot games. Also, the gaming provider is considered one of the first companies to recognize the need for mobile gaming, thus, creating completely mobile-compatible casino games. Play n Go is also famous for its back-office tools that provide maintenance for game lobbies.
Some ‘Play n Go’ games that you can play at Cobra Casino are Fortunes of Ali Baba, Honey Rush, Raging Rex, Gold King, Sticky Joker, and Tower Quest.
Merkur Gaming Online Casino Games at Cobra Casino
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Merkur Gaming is a German corporation that employs over 13,000 people from 40 countries and has an annual turnover of more than 3 billion euros. Add to that the innovative German engineering and you get a world-class gaming provider.
Play a handful of Merkur games on Cobra Casino like Blazing Star, Dragons Treasure, Gold Cup, Jokers Cap, Eye of Horus, Multi Wild, and El Torero.
Cobra Android and iPhone Mobile Games
Cobra Casino’s mobile version can be accessed on any Android or Apple smartphone/tablet. This includes iPhones, iPads, and all Android-powered devices. If you have a Windows phone (Windows 8 or above), access the mobile casino from that too.
The mobile casino has a drop-down menu on the top-left of the screen. This includes three tabs – All Games, Promotions, and VIP. The mobile casino can be translated into more than 12 worldwide languages. Log in to an existing account or register as a new user by clicking on tabs like ‘Login’ and ‘Join Now’.
Cobra Casino VIP Program
Cobra Casino offers you a 4-level VIP program. You are automatically added to the VIP program as soon as you make your first deposit. You get 1 status point for every 20 EUR in bets. However, the first level of the loyalty club does not begin until you accumulate 100 status points. After you do so, you start your journey into the 4 levels.
The four levels and the points associated with them are as follows:
- Newbie: 100 – 1000
- Talented: 1000 – 5000
- Experienced: 5000 – 10,000
- Master: 10,000 +
Progressive Jackpots at Cobra Casino
Cobra Casino has a wide range of progressive jackpot games that you can enjoy. The total jackpot amount of the casino reaches over 4,200,000 euros in cash. There are more than 250 jackpot games to try your luck on to win huge cash prizes.
Some of these exciting jackpot games are Neon Rush, Mega Joker, Aloha Party, Coral Island, Wonder Tree, and 100 Cats.
Deposits and Withdrawals at Cobra Casino
Cobra Casino provides you over 24 payment methods, of which, many are international payment options while some are country-specific. The internationally-available deposit and withdrawal methods are:
E-wallets – Skrill, Neteller, Neosurf.
Credit/Debit Cards – Visa, MasterCard, Maestro, Purple Pay Visa.
Debit – iDebit.
Cryptocurrency – Bitcoin, Ethereum, Litecoin, Bitcoin Cash. (All by Coins Paid).
Other – Paysafe Card, EcoPayz, Qiwi, Yandex, Rapid Transfer by Skrill, and Mobile Commerce.
All these methods offer instant deposits, which are completely free of charge. You need to deposit at least 10 EUR per transaction at the casino. In the case of upper limits, the casino allows you to deposit not more than 4000 EUR at once. These limits can be increased with an increase in your VIP level. For that, you will be required to contact the customer support team.
All the above payment options, with the addition of Bank Transfer are available for withdrawals. All cash out methods, including Bank Transfer, are free and come with no overhead charges. There is, in some cases, a processing time needed to deposit money into your account.
Apart from Cards and Bank Transfer, all payout methods bring money instantly into your account. Cards take 3-5 working days while bank transfer takes 5-7 working days to do the same.
The minimum you can withdraw per transaction is limited at 20 EUR. The maximum payout limit allowed at the casino is 500 EUR. This limit can be increased by progressing through the VIP levels and contacting the support team with an increment request.
When you are cashing out for the first time, the casino takes you through a verification process for security purposes. This entails you providing copies of documents that verify your identity to the casino. These include an ID card (issued by the government) and utility bills. You need to submit these copies within the time period given to you, or else the casino may cancel your winnings and end your services.
Cobra Casino Customer Support
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A 24-7 active support team helps you with all your queries. Whenever you require any information or need help, just contact the casino through the following means:
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- Live Chat: Click on the red thought bubble icon at the bottom-right corner of the webpage to access live support.
- Email: Navigate to the Support page and fill-up a form where you provide your email and enter your grievance. A support agent will then contact you via email and solve your query.