No Deposit Bonuses in Online Casinos: A Guide for New Players

No Deposit Bonuses in Online Casinos: A Guide for New Players

Online casinos regularly promote themselves to potential players through various no deposit bonus codes and free money offers. These include free cash bonuses and free spin promotions. As a newly registered player, you’re not required to make a deposit. The casino bonuses without deposit requirements offered by online casinos are solely for playing purposes—they cannot be withdrawn or cashed out in one go. The popularity of no deposit bonuses is obvious: they allow you to play real money casino games without risking your own money.

It must be mentioned that a no deposit bonus does not make winning simpler or guarantee any payouts. These bonuses are actually "gifts" for new players by online casinos. They allow players to feel the thrill of real-money gaming without initially spending money.

IMPORTANT: No deposit bonuses are not a guarantee of profit when playing at online casinos. They do not offer any competitive edge. They are simply rewards for new users. Players with no deposit bonuses are not risking their own funds.

For beginners, finding the best no deposit bonus codes or free promotions is always a good quest—especially for those with limited funds who want to try playing for real money. In reality, a no deposit bonus is risk-free since no personal money is involved initially. Nonetheless, to cash out any winnings from a no deposit bonus, players must satisfy some conditions. It is also worth mentioning that no deposit bonuses are typically for casino newcomers.

In contrast to deposit match promotions, no deposit bonuses entail no expense on the part of the player. Instead, think of them as bonus funds that one can use to try out online casino games. Any winnings derived from a no deposit bonus remain in a "bonus balance" until the fulfillment of the wagering conditions. What casinos desire is converting the test players into regulars.

No deposit bonus is quite different from free play or demo mode as well. While the two do let you play without spending any money, demo mode does not award you with an opportunity to win real money. No deposit bonus comes in terms of free money or free spins. Both types carry real cash value, which means you are playing with actual stakes and experiencing a real online casino.

Why do online casinos give no deposit bonuses?

There is stiff competition among online casinos to acquire new players. Advertise as it may for existing users, casinos need fresh registrations in order to make more money and boost their number of players. Perhaps the most appealing promotion for new users is the no deposit bonus. It allows them to play real-money games and possibly win, without spending any money. Whether free cash or free spins, the value of the player is the same.

Internet casinos provide basically real money gaming for free—along with the potential to win real rewards or casino chips.

The more appealing the no deposit bonus, the higher the number of players it attracts. In turn, players gladly sign up and play real money games on the casino's behalf, at least initially. In addition, casinos do not necessarily lose much out of these because winnings are relatively small. Players must make a deposit and comply with wagering requirements to win anything substantial.

Keep in mind: your overall gambling volume will almost always be lower using a no deposit bonus. Your actual gambling amount, however, can be substantially greater than the bonus using a large deposit match bonus.

What Are Wagering Requirements?

Wagering requirements describe how often the bonus must be played through before winnings can be withdrawn. Wagering requirements are also called playthrough requirements. These are requirements placed on no deposit bonuses.

How to Calculate Wagering Requirements

Assuming a $20 no deposit offer with a 30x wager requirement, this is equivalent to risking $600 on wagers ($20 × 30) before it is possible to withdraw winnings. Attempting to cashout before fulfilling the requirement generally will forfeit both the bonus as well as the attached winnings. 

Which Components of an Offer Are Wager Requirements Compliant with?

The actual amount of the offer to be wagered will usually be specified in the bonus terms. Wagering requirements can apply to deposit match bonuses and to free spin wins. In some instances, they can even apply to your deposited amount.

FAQ

Is it worth accepting a no deposit bonus?
Yes. A no deposit bonus is a great option for new players. It gives you the chance to play real-money casino games without risking your own funds.

How do I find a good no deposit bonus?
Look for offers that are free with low wagering requirements. The lower the wagering requirement, the easier it is to turn bonus money into real cash. Even better, choose bonuses that give you the most playtime for the least amount of effort required to reach your winnings.

Can I use the same no deposit bonus more than once?
No, deposit bonuses tend to limit one per player. Some of them are cashable, meaning that you can cash out the bonus and the winnings. Others are sticky (non-cashable), meaning that you can withdraw the winnings but not the bonus itself.

Get in touch!

We’d love to hear from you, you attractive person you.