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How to Select the Right No Deposit Bonus

The first question that arises is how to select the right no deposit bonus. Before we get to that, it is important to know the kind of no deposit bonuses available.

We feature primarily the following 2 types of no deposit bonuses:

How to Cash Out Winnings Earned with a No Deposit Bonus

All no deposit bonuses come with terms and conditions attached to them to prevent the casinos from losing huge amounts by offering these bonuses. You must ensure that you fulfil all the terms and conditions associated with a no deposit bonus before looking to withdraw winnings from it. Casinos usually list the maximum cap they put on the winnings that you can withdraw. However, it is still advisable to check with the casino’s support team once before you start using the bonus.

One way of ensuring that you can cash out winnings from a no deposit bonus is to play at casinos that are reliable and come with a solid reputation. One way of doing this is by reading the reviews of these casinos before you sign up with one that fits your requirements. You can visit any of the review portals around for these reviews; the best option of course is to go through the detailed reviews we have for you. We test all no deposit casinos thoroughly for the bonuses on offer and the terms that come with it, along with the usual parameters that players look for. The casinos that make it to our list score high on each of these parameters.

The Importance of Wagering Requirements

Casinos attach terms and conditions to no deposit bonuses to protect themselves from being exploited and also from losing heavily because of these bonuses. An online casino is a business, and the basic premise is that it must be profitable for the operator.

Wagering requirements are one of the most critical conditions associated with a no deposit bonus. You need to wager your bonus amount – in the case of no deposit credits – or free spins winnings in case of no deposit free spins a specified number of times before you can cash out winnings. So a 40x wagering requirement on a bonus of $5 would mean regardless of how much you win with it you will need to wager $200 before you can request for a withdrawal.

No deposit bonuses are free, and at most casinos the wagering requirements for this bonus is high, usually from 45x to 75x. Some casinos may even have a 99x wagering requirement.

Other Rules Associated with No Deposit Bonuses

Apart from the wagering requirements, the following are the other rules associated with a no deposit bonus:

  • Available games
    This condition states the games that you can play with the no deposit bonus on offer.
  • Maximum cap on winnings
    This condition puts restrictions on the maximum amount you can withdraw out of the winnings you earned with a no deposit bonus. So if a no deposit bonus has a $100 maximum cap on winnings, it means you can withdraw only $100 out of your total winnings with the bonus, irrespective of how much you won with it.
  • Penalties
    These are applicable if you try to abuse the bonus, either by playing a game that is not covered by it or by cashing out before you fulfilled the terms and conditions attached to it.
  • Bet size
    Most casinos have a limitation on the maximum bet you can place each round while the no deposit bonus is in play. The bet size could be a definite amount, e.g. $5, or a certain percentage of the bonus balance that you have left in your account, e.g. 20%.
  • One fundamental rule to follow
    Always claim each no deposit bonus only once.

Is it Worth Trying to Win Free Cash with No Deposit Bonuses?

That is a very good question to ask. You could also simplify it to ‘Is it actually possible to rake in the moolah by playing with a no deposit bonus?’

The answer, unfortunately, would be a ‘no’. You do get free cash or free spins that you can use to test out the real money environment for free and get a feel of the games available, but winning free cash is highly unlikely. And it is not difficult to fathom why: it is because of the terms and conditions attached.

One of the killers is the wagering requirement. This condition usually ensures that you don’t have a positive balance in your account by the time you are done fulfilling it. Imagine wagering $200 for a $25 win! And that is not all; the random nature of the games at online casino makes it almost impossible to predict a positive outcome.

Another big buster is the maximum cap on your winnings. Imagine winning $650 from a no deposit free spins bonus and finding out that you can withdraw only $100, and that to withdraw this amount you will need to wager $4500, because the wagering requirement for this bonus is 45x!

Please understand that these are not hard truths; the very unpredictable nature of online casino gaming also has ensured that there are times when people have been able to beat all these conditions and scored decent wins. The simple truth is that the no deposit bonus is not a shortcut to immediate riches.

No Deposit Bonus FAQs

FAQ

What exactly is a no deposit bonus?

The no deposit bonus is a promotion that online casinos offer to attract new players. It gives you a specific amount of casino credits or a specific number of free spins before you deposit funds into your casino account. It is a great feature that allows you to test the real money environment for free at an online casino and also score winnings without spending your own money.

Why would a casino offer a no deposit bonus?

The no deposit bonus is one of the best marketing strategies that a casino can use to attract new players. The padding that it uses in the form of the terms and conditions ensures it not only gets new players but also doesn’t suffer huge losses because of offering this bonus.

Can I get a no deposit bonus with no wagering requirements?

Casinos have always attached wagering requirements to no deposit bonuses to prevent players from abusing the bonus and from suffering undue loss themselves. However, the focus of online casinos has shifted solely to making players comfortable, and that is why you will nowadays find some online casinos offering this bonus with zero wagering requirements.

What is a decent wagering requirement for a no deposit bonus?

A decent wagering requirement for a no deposit bonus is usually between 20% and 45%. Any no deposit bonus that comes with a higher wagering requirement, say 50% or 75%, is not worth pursuing because the amount you will have to wager to cash out your winnings will be quite high compared to the amount you are allowed to cash out.

Can I withdraw all my winnings from a no deposit bonus?

No, casinos usually place a maximum cap on the winnings you can withdraw out of the total you won. So if a casino has a maximum cap of $100 that is all you will be able to withdraw irrespective of how much you won.

Can I use the free spins no deposit bonus to play the slots of my choice?

All casinos usually place a limit on the slots covered by the no deposit free spins bonus.

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John Holmes Written by John Holmes