Are No Deposit Bonuses really worth claiming?

Rate this post

Online gambling is becoming more and more popular among people. Because of the fierce competition, online casinos try to come up with unique offers and various casino bonuses to attract new players. Sometimes casinos offer no deposit bonuses that require no deposit at all from the players. In this casino guide, you will find out exactly how to use no deposit bonuses.

Are No Deposit Bonuses really worth claiming?

What is a no deposit bonus?

Most online casinos have no deposit bonuses to attract new customers. They are not only 100% free, but also quick and easy to redeem. Just as the name implies, no deposit is necessary to claim them. To unlock these bonuses, you just have to register for an online casino account and then verify it. Often, you’ll find that no deposit bonuses are less generous than deposit bonuses, but it is possible to use these free credits to win real money.

Types of no deposit bonus

With the rise of internet gambling, casinos offer several different types of no deposit bonuses. The first one is the straightforward no deposit bonus. In this type, fixed credits are awarded by the casino to each new player. The amount is generally £5 or £10 that you can use to try the live casino games. There is no risk associated with these bonuses and in most cases, you can use them before you’ve even made your first deposit.

Another common type of no deposit bonus is the free spins bonus. Instead of giving free credits to play games of your choice, you’re given free spins on one or more slots. You’ll often find free spins bonuses tied to specific slot games the casino is trying to promote. The games available can change depending on the marketing strategy of the casino. Free time play bonuses allow you to play casino games for free and win as much money as you can within the specified time.

Casino bonuses with the best terms

No deposit bonuses should be free but they have wagering requirements and restrictions linked with them. This is done to prevent players from simply making a deposit and withdrawing the bonus amount. So, if you want to use them, you must look for no deposit bonuses with the best casino bonus terms. Before claiming the bonus, check its amount, playthrough requirements and maximum cashout.  

Maximum cashout amount

A withdrawal limit is in place when a given casino states the value you can withdraw in one transaction. The restrictions can be set for both minimum and maximum limits. For instance, A casino site might determine that you can only cash out once you have £100 in your account and it may limit you to withdraw £4000 in one go.

It is important to know the limit as you can’t withdraw more than the prescribed amount. Generally, the maximum cashout amount of a no deposit bonus should be over five times the bonus amount.

Wagering requirements

Keeping track of the playthrough requirements can be a tedious job. Hence, you must look for bonuses with lower wagering requirements. Since you don’t have to keep an eye on the wagering progression, these bonuses are a great pick for newbies. Regular casino bonuses are usually tied to high wagering requirements. Completing the wagering takes time and reduces your chances of having left anything to withdraw.

A bonus with no wagering requirement is the exact opposite. The bonus amount may not be huge, but everything you win is given to you immediately as real money. Thus, if you win playing with bonus money, you need to meet the wagering requirements before you can make a withdrawal.

Bet smart amounts of money

While using no deposit bonuses you should try to neither bet too big amounts of money, nor too small. For example, you’ve decided to get a £20 bonus at an online casino. If you wagered £20 on a single spin, you’ll have just one chance to win. On the other hand, if you bet £0.02 and even if you win something, it will most likely not be enough to complete the wagering requirements. You must make a calculation that will allow you to bet per spin so much that you’ll be able to make between 30 and 40 spins.

Review Summary

Author : Heather Heaton

Published Date : 10/10/2019