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No Deposit Bonuses

No deposit bonuses Explained

No Deposit Bonuses

When you decide to sign up to an online casino, you might get the opportunity to receive a ‘no deposit bonus’. In fact, this type of bonus can be offered to you by an online casino at any time, but it is more frequent as part of a welcome package. This is because online casinos are using those types of generous offers as part of a strategy to attract new players. There are generally four types of deposit bonuses that we will analyse in this guide and those are Free Spins bonuses, No Deposit Bonuses, Free Play bonuses and cashback bonuses.

What is a No deposit bonus?

It is precisely what it says on the tin: to get a bonus at this casino you won’t need to make a deposit. This is a massive opportunity for you to try the online casino without risking your own money. Claiming the no deposit bonus is very easy as you just need to register a new account and the online casino will place the free amount into your casino account. You can then start playing casino games as you would do with your real money. No deposit bonus is a perfect way to start creating your own bankroll without having to risk your hard-earned cash. Usually, the no deposit bonus will be from 5 to 50 credits which is rather small compared with other types of bonuses the online casino might be offering.

Similarly to other bonuses, you will get from an online casino, you usually have to complete normal wagering requirements before you will be allowed to withdraw your winnings. Those wagering requirements are placed by the operators to avoid bonus fraud as, after all, you are getting something for nothing. When you would have fulfilled the wagering requirements set by the online casino you would be allowed to cash out your winnings.

Since with no deposit bonus, the online casino liability is more significant, the wagering requirements are higher than the regular deposit bonuses. This is however different for every online casino so you should always check the terms and conditions first. Generally, you will find wagering requirements of a no deposit bonus to be in the range between 50 and 100 the total bonus.

One thing is clear is that when you take advantage of a no deposit bonus you would need to read the Terms and Conditions very carefully especially as they might be some games restrictions like for example progressive jackpots games etc. Usually, the casino will protect themselves by placing a winning cap and also a maximum withdrawal cap when playing with a no deposit bonus. All those information will be available in the terms and conditions of the no deposit bonus and you should read them carefully to avoid disappointments later down the line. Imagine you are on the run and winning thousands from your no deposit bonus just to discover later on that the maximum withdrawal amount is £100! By reading the terms first you will be able to manage your game better and also avoid wasting time and money.

Before you make the first withdrawal you might also be required to make a small deposit: this is a rather common way to verify your identity so the amount to deposit would be usually minimal and you would have the chance to withdraw it immediately with your winnings.

Usually, two different types of no deposit bonuses are offered: one in the form of cashable bonus and another one in the form of a non-cashable bonus. There are two main differences between those two bonuses: the cashable bonus will allow you to keep the amount of the no deposit bonus that you were given besides any of your winnings when you are withdrawing. Let’s think for example you are getting a £20 no deposit bonus: if you were given that bonus and met the requirements and also reach £100 in winnings, you would be permitted to withdraw a total of £120. This is true as long as you will not have exceeded the maximum cashout.

The non-cashable bonus is the opposite of this. It is not redeemable which means that it will be deducted from your winnings. So if, for example, after meeting the wagering requirements you have a total of £100 winnings + £20 deposit bonus: the maximum that you would be allowed to withdraw would be £100 (only the winnings). Again this is subject that you are within the maximum permitted withdrawal. Every detail will be in the terms and conditions this is why it is so important to read them.

Free Spins bonuses

The next no deposit bonus is the free spins bonus which is getting more and more popular with online punters. Lots of casinos are now offering these types of bonuses to gamblers: similarly to what we have seen above, to get a free spins bonus you just need to register and the free spins will be credited in your account.

Since there is a lot of competition in the gambling industry, those types of no deposit bonuses are very popular as they allow casinos to attract new players and also showcase some of their best games in the hope that those new customers will stick around for long. The majority of online casino will link the free spins to a new or very popular video slot. Usually, you can get between 10 and 15 free spins but in some cases might be even more. Every casino is doing differently when it comes to free spins, so it really depends what operator you will choose.

The Free Spins will usually be activated as soon as you sign up without the need of making a deposit. In some cases, you might be required to enter a promo code so that the free spins can be delivered in your casino account. With the free spins, you will be able to play for free a chosen video slot without risking to lose your own cash. In some cases, free spins are offered on the newest video slots.

Free Spins are also used by the online casinos to reward existing customers, but they usually are offered as part of a welcome package. Once you have completed the free spins, all winnings will be translated into bonus money and will be added to your bankroll. Similarly to any other bonus types, if you wish to withdraw them, you will need to meet the wagering requirements. Having said that, some online casinos do offer a limited amount of free spins that have no wagering requirements attached. This is fantastic news for punters as everything you win without risking any of your cash would be yours to keep. The majority of online casinos will allow you to play with all paylines active, but in some instances, we have seen some limitations on the number of paylines that can be activated. Regardless of the situation make sure you enjoy the free spins as those are after all free.

Free play bonus

This type of bonus is offered to those players when they sign up to an online casino for the very first time. It usually is given to those players in the range of 500 to 1500 credits. The player will only have those credits for a minimal time which is generally between 30 and 60 minutes. You should use the bonus to try and win as much as possible: the best strategy is to place as many wagers before your time is over. Once it is over, you will be allowed to keep an amount of the winnings: exactly how much it will depend on the casino, but it is usually between 100 and 200 credits. If things go wrong and you lose all the credits, there won’t be any regrets as those were free money.

This type of bonus is a great way to start a casino journey as it will allow you to test the platform and the games without committing to anything.

Cashback Bonus

Cashback bonus usually is earned when you are playing the games at that casino, and it is often a one-off promotion. Some online casino will restrict your cashback only on your losses on a certain day of the week: the concept won’t change as basically, you will get a cashback without making any further deposit.

Cashback it is usually given with a maximum limit and will depend on the losses you have occurred at the casino. Cashback usually is in the region of 10% of your losses from the previous 7 days. The great thing about cashback is that it will help to recover from the disappointment of having lost cash previously. In some instances cashback is also awarded without wagering requirement and might well set you back in the game after a disappointing run.

Every no deposit bonus is great but make sure you always read the terms and conditions. After all, everything is free so make sure you take the maximum advantage.