MFMMeta: No deposit bonus casinos are online casinos that reward both new and existing players with bonuses without the player having to deposit.
Image: https://cdn.pixabay.com/photo/2015/07/10/11/11/luck-839036_960_720.jpg
A no deposit bonus at an online casino is one of the most lucrative of all online casino bonuses, but it’s less common and much harder to find these days. Here is a closer look at how no deposit bonus online casinos work.
What is the no deposit bonus?
The no deposit bonus is one of the easiest of all online casino bonuses to understand. It’s simple; the no deposit bonus is generally either a free cash bonus or free spins that players receive without even having to make a deposit (hence the saying, no deposit bonus).
Online casino operators can offer no deposit bonuses as part of the generous new player welcome bonus, as part of a standalone promotional offer at certain times of the year, or as part of that casino’s generous VIP loyalty rewards programs. It may not be a lot, but it’s free money, and it means you don’t need to deposit with your Visa or PayPal account, for example, to qualify for your no deposit bonus. For most players, this is fantastic.
A closer look at how to claim no deposit bonuses
If you drop by new no deposit casinos today, you can find several lucrative offers. If it’s part of the welcome bonus, you will get the option to accept your no deposit bonus or decline it. If you accept it, either the no deposit CASH BONUS or no deposit FREE SPINS bonus will automatically be credited to your account.
If you decide to accept your generous no deposit bonus, remember to hit the accept button. If you decline it, to begin with, but then change your mind, it’s too late. You couldn’t go back and claim it because the offer has now expired, so make sure that you make the right decision when it’s initially offered to you.
No deposit free spins bonuses
If the online casino that you just signed up to is giving all new players a certain amount of no deposit free spins when they sign up, they are generally worth around $/€/£0.10 or $/€/£0.20 per spin (depending on the game). You will only be able to use those free spins on certain slots. For example, an online casino might be giving all new players 20 free spins valued at $/€/£0.10 each (or equivalent currency value) to try out the popular Book of Dead online slot from Play’n GO.
Your free spins no deposit bonus winnings may then be capped at a certain amount. For example, you might get lucky and end up winning, say $/€/£550, from your free spins, but the winnings might be capped at $/€/£100.00. If you do win $/€/£80.00 from your no deposit bonus free spins, you would generally then need to wager a certain amount of money on selected games before you could withdraw your bonus winnings.
How do wagering requirements work?
Wagering requirements, which are also sometimes known as rollover requirements or playthrough requirements) are something that you cannot avoid as a player when accepting a bonus. Almost every online casino bonus out there today comes with wagering requirements attached, which must be completed before you can withdraw your bonus winnings.
The lower the playthrough/wagering requirements are, the better it is for you as a player. For example, let’s just say that you did end up winning $/€/£80.00 from your welcome bonus free spins. The Ts and Cs for the initial bonus may stipulate that your winnings must be wagered 20x times before you can withdraw. Alternatively, it could be 40x or 50x times the bonus amount.
It means that your $/€/£80.00 winnings would then need to be wagered 20x times. In other words, the total amount you would need to wager before the withdrawal restrictions on the bonus winnings are lifted would be $/€/£1,600 (which includes your $/€/£80.00 winnings multiplied by the 20x wagering requirement). It sounds a lot more complicated than it actually is.
You may only have one day, one week, or one month to complete your wagering requirements, or you will lose your bonus winnings and would be left with your initial deposit amount.
Free cash no deposit bonus
The free cash no deposit bonus works in the same way. Let’s just say that an online casino is giving all new players a free $/€/£10.00 cash bonus just for signing up. You couldn’t simply withdraw that free $/€/£10.00 cash bonus. You would need to either wager it X amount of times first, or you would need to wager the winnings X amount of times.
Final note
Before accepting any online casino bonus today, always make sure you take just a few minutes to read the small print. The bonus Ts and Cs will tell you everything you need to know about the bonus you are about to claim. If you can’t seem to find exactly how much cash you have left to wager, the best thing to do would be to get in touch with a player support agent, and they should be happy to point you in the right direction.