Free spins are definitely one of the most popular bonuses in online gaming. These deals give you an opportunity to earn profits through real money slots without risking anything.
Free spins see you accumulate winnings that can later be cashed out. But some of those who are new to this bonus are disappointed to learn that they can’t immediately withdraw their winnings.
Instead, you must earn your winnings by meeting terms and conditions. This is reasonable from a casino’s perspective, because they can’t give away free money to everybody.
But what if there were a way for you to immediately collect your payouts from free spins?This is exactly the idea behind wager free spins (a.k.a. zero wager).
I’m going to discuss more on wager free spins along with the pros and cons. I’ll also come to a determination on whether these spins are as great as they seem.
What Are Wager Free Spins?
If you’ve experienced with free spins, then you likely know that the winnings carry wagering requirements (a.k.a. playthrough).
You need to meet the wagering requirements before you’re able to withdraw money from the spins.
Here’s an example:
- You win $5 with free spins.
- Playthrough is 25x the winnings.
- 25 x 5 = $125 must be wagered
The tough thing is that you could lose all of your winnings before meeting playthrough. Therefore, wagering requirements are a huge barrier to earning anything from free spins.
This is where zero wager spins come in, because they don’t carry playthrough. All you do is use the spins on the designated slot(s) and collect your winnings afterward.
This bonus sounds like a dream, because you’re guaranteed toearn money from the offer.
The catch, though, is that wager free spins are offered in conjunction with standard deposit bonuses. You need to make a deposit in order to collect your zero wager spins.
For example, an online casino might offer a 100% match deposit bonus up to $200, plus 500 wager free spins. You must go through all the steps to join the casino and deposit in order to qualify for the welcome deal.
Zero wager spins can either be awarded all at once or over a certain amount of days. In the example above, you might get 10 spins for five consecutive days after depositing.
Difference Between Wager Free and No Deposit Free Spins?
Wager free spins are often compared to no deposit free spins, because they both have fewer strings attached than the average casino deal.
Iexplained earlier that having to deposit is one of the fewcatches to zero wager spins.
No deposit free spins are no different, because you also have to meet certain qualifications to both receive this bonus and earn money from it.
The key difference with no deposit offers, though, is that you don’t have to deposit in order to qualify. Instead, all you need to do is sign up at the online casino that’s offering the free spins.
Here’s an example:
- A casino is offering 50 no deposit spins.
- You register for an account and verify it.
- You visit your account and claim the 50 no deposit free spins.
While no deposit deals have one key difference from wager free spins, both offers also have similarities.
You still have to meet terms and conditions before withdrawing your winnings from no deposit spins. In many cases, playthrough on no deposit deals is higher than zero wager offers.
The main goal of both wager free and no deposit free spins is to accumulate winnings that can later be withdrawn.
And again, though, the biggest difference between no deposit and zero wager spins is that the latter requires a deposit in order to qualify.
Of course, no deposit spins can also require a deposit when you want to cash out your winnings. However, you get the no deposit spins without having to move any funds onto the casino.
What Are the Advantages to Wager Free Spins?
No Wagering Requirements
The most obvious advantage to zero wager spins is that you don’t have to meet playthrough in order to collect your winnings.
All you need to do is use your spins and hopefully let the money roll in. You can either continue playing with the winnings or cash them out afterward.
Contrast this to standard free spins, where you must meet wagering requirements before you’re able to cash out anything.
Another good thing about zero wager spins is that there’s no risk of losing your winnings.
Once you’ve accumulated the funds, you can immediately withdraw them due to the lack of playthrough. The exception to this rule is when you don’t meet the minimum cashout amount, which I’ll cover later.
Good Way to Try Real Money Slots
Wager free spins are commonly confined to a single online slot. But you’ll normally be playing a new slot that a casino is offering.
Some players find that being confined to a single game is restrictive. But the good news is that you can try a new slot without risking any of your funds.
Another benefit is that you have a chance to win real money while playing the game. This beats merely playing a free slot with fake credits (a.k.a. practice mode).
You Usually Win More Than with No Deposit Free Spins
Zero wager spins usually deliver larger winnings than no deposit deals upon meeting wagering requirements.
Everything you earn from a wager free spin is eligible to be cashed out. Meanwhile, no deposit deals force you to meet wagering requirements before withdrawing anything.
The latter scenario can see your winnings reduced or even disappear before you reach the playthrough requirement.
This isn’t an issue with wager free offers, though, because you’re playing with house money and banking real winnings along the way.
What Are the Drawbacks to Wager Free Spins?
Attached to Deposit Bonuses
Online casinos don’t simply hand out free spins with no playthrough attached. Instead, they require you to deposit before you receive this deal.
The good news is that you have a chance to win extra cash through both the deposit bonus and zero free spins. But you may lose all of your free spin winnings and more when playing for the deposit bonus.
Of course, many online casino players are completely fine with the risk involved. But if you’re looking to earn bonuses with the least amount of risk, then you may find no deposit deals more to your liking.
Normally Limited to One Slot
Online casinos offer zero wager dealswith the intent of getting you to try a particular slot.
This is essentially a promotion for their new game(s). The end goal is to get you to try and like the slot in question.
But what if you start playing this game and don’t like it? You’re now forced to continue using your free spins on the game until they run out.
Standard free spin deals are more appealing in this regard, because some of them allow you to play a larger variety of games.
Winnings Are Capped
Don’t expect to pick up a wager free deal and take the house to the cleaners with a big jackpot. Winnings are capped at a certain amount, such as $100 or $200.
You can certainly win more than the capped amount. But everything above the win limit will disappear from your account upon depositing.
Here’s an example:
- You receive 50 zero wager spins from a casino.
- Winnings are capped at $100.
- You win $300 with your spins.
- You make a withdraw and receive $100.
- The remaining $200 disappears.
Casinos use this practice to minimize their risk on wager free spins. After all, the last thing you want to do is offer a friendly deal and get burned in the process.
You don’t even have to worry about the win/cashout limit most of the time. But you’ll be disappointed when you do win big and canonly withdraw a certain amount of the funds.
Minimum Cashout Limits Apply
You have to meet a casino’s minimum cashout in order to withdraw winnings from these spins or any other bonus.
Here’s an example:
- You win $3 from zero free spins.
- The casino’s minimum withdrawal is $20.
- You must continue playing with the $3 until generating $20.
- You’re more likely to lose the $3 before you turn it into $20.
Casinos would lose a lot of money if they let everybody who won between $1 and $19 withdraw their bonuses immediately. Minimum withdrawal limits prevent this from happening by forcing players to win a certain amount before cashing out.
This creates a dynamic where you’re forced to earn enough money to meet the minimum cashout, while not being able to win big profits due to max withdrawal limits.
Are Zero Wager Spins Worth Pursuing?
Wager free deals certainly aren’t perfect. In fact, they feature a number of downsides, including game restrictions, capped winnings, minimum withdrawals, and a deposit requirement.
Despite the downsides, though, wager free offers are still worth the effort if you enjoy playing slots and want to win free money.
The biggest thing to love about wager free spins is that you keep what you win. These deals don’t feature wagering requirements, which is rare for free spins.
Another likable aspect to zero free spins is that you typically win more with these offers than no deposit free spins. The lack of playthrough gives you a stronger chance to book profits.
If all else fails and you don’t win anything from zero wager spins, at least you get to enjoy a new real money slot.
You’re not going to win big with wager free spin deals. Casinos even take steps to ensure this by instituting a win limit.
But this certainly isn’t to say that you should overlook wager free spins. These deals typically give you a few dollars’ worth of free spins to win money with.
You’ll usually only earn a few dollars most of the time. However, you never know when you’ll be able to turn this small amount into a huge win.
The key thing to remember is that every bit counts when playing online slots. Some players have hit jackpots when they’re down to their last few spins.
I don’t recommend that you go out of your way to find zero wager spins. After all, there are plenty of other good welcome bonus deals across the board.
If you do stumble upon a good casino that’s offering a zero wager deal, though, then it’s worth taking advantage of.
You’ll have to make a deposit in order to get the free spins. But if you’re already going to be playing for real money anyways, you might as well deposit and take advantage of the wager free spins as well.