No deposit bonuses are abuzz right across the gambling industry, with casinos and betting sites of all shapes and sizes falling over themselves to offer free money, with no required deposit up-front. Of course, there is no way these companies could afford to stay in business if they were handing out free money without restriction, yet players can still use this credit to their advantage, helping them on their way to significant winnings online or on mobile.
So what’s the deal with these no deposit bonuses, how do they work, and can you actually walk away with any money in your pocket when the dust settles?
Why No Deposit Bonuses Are A Win/Win
Casinos operate in a difficult environment, one where the next competitor is just one or two clicks away. In order to compete with this level of competition, and to attract new players to sign up, casinos are prepared to offer small bonus amounts up front – enough for you to try out different games, become familiar with their site, and (they hope) gain enough confidence to deposit your own money.
For players, this is great new – essentially free money with which to gamble as you become acquainted with different casino sites. However, it is important to remember that these bonuses are not completely free cash, and that when you do win, you need to meet the qualifying conditions of the bonus in order to withdraw your prize as cash.
Common bonus conditions are set out to prevent the casinos from losing fortunes with free bets, including minimum wagering requirements, maximum withdrawal limits, verification processes, and a limit to the games that qualify, or an amount you must have in deposit before you can withdraw. These do make it more difficult to extract your winnings, but go hand in hand with the terms of the free bonus amount you have received, so you need to be familiar with the terms, and be in a position to respond to them when your bonus becomes active. This will give you the best chance of winning enough from your free bet to withdraw money.
Not every game qualifies equally for free credit gaming, and if you are looking to put your free no deposit bonus to good use, you really need to make sure you are doing so on games that accept free bonus credit. Slots are almost always allowed (sometimes with exception of progressives) and restricted are usually table games – either include higher wagering or are excluded. Once you’ve played through your credit on these games, you can often spend your winnings on the full gamut of betting options and games available, opening up a greater range of flexibility up to the maximum withdrawal limit. This is a helpful strategy for sites with playthrough requirements, allowing you the best chance of actually withdrawing beyond the threshold limits put in place.
Free no deposit bonuses are widely available for players at a range of online betting sites and casinos. But before setting your sites on winning big with a free no deposit cash bonus, make sure to read our reviews so that you’re familiar with the terms and conditions attached to it, so you have the best possible chance of seeing your winnings materialize.