What if you found a way to make money without risking a penny of your own, would you be interested? No this isn’t a shady sales pitch but rather a very real possibility when you take advantage of online casino bonuses. These risk free bonuses come in a variety of types and there are a few things to look out for but once you understand the process you’ll wonder where they’ve been all your life.
Whether you’re a Slots player or a fan of Table Games there are offers tailored to your preferences. So let’s start with the types of bonuses and how they work.
The most popular is the standard no deposit bonus. What’s exciting about this one is that it’s exactly that, a no deposit bonus. An online casino will entice new players to register by giving these freebies, which may be used to play its games. For example, a casino may advertise a $25 free chip for new players. In most cases, the bonus will be credited to your account upon registration but some operators require you to register a credit/debit card before the bonus is given. You may even find that it can take up to 24 to 48 hours to receive the bonus in your account. Although this doesn’t happen too often it certainly can, which brings up another good point.
Terms and conditions, simply put, represent the contractual agreement you make when you register and play with an online casino. Would you sign a contract without understanding what you were signing? The answer should be a resounding no. The rules for playing in the casino, depositing, withdrawing and claiming bonuses is outlined in black and white. It’s at this stage where some players get into trouble. Make sure that you can live with the T&C’s before you play. There’s good and bad in anything and online gambling is no exception. In fact, online players are required to be more alert in finding the casino operators to avoid but before we get ahead of ourselves there are a few more no deposit bonus types to discuss.
Free spins award players a certain number of free spins on a specific Slot. So upon registration a player may be offered 10 free spins on Net Entertainment’s Starburst slot. Without having to deposit you will receive 10 free rounds on the game and hopefully win some money without spending any of your own.
Free play is another bonus often found at casinos powered by Microgaming. New players are offered a set amount of bonus credits that may be used to play specified games within a set amount of time (usually 60 minutes). Players wager and win as much as they can within the allotted time frame. Allowed games often include a selection of Slots and Table Games.
Free trial bonuses are often found at online bingo sites. These do not allow the withdrawal of winnings derived from them. They are simply fun money to try out the bingo and casino games.
Once you become a regular player at a particular online casino you will build up loyalty, which offers rewards including no deposit bonuses, free spins and much more. No fear, the freebies often continue when you continue to play at the same casinos.
Readers must now be wondering how they cash out the winnings from the free offers. Each bonus comes with wagering requirements, also known as a playthrough. For instance, you may claim a $25 no deposit bonus, which requires you to make a specified amount of wagers such as 25x the bonus. $25 x 25 playthrough = $625 in bets before a cashout will be permitted. Wagering requirements vary and you’ll want to make sure that they are attainable. A player may see a juicy $100 freebie with 99x wagering requirements attached to it. This would require you to make $9,900 in bets with a $100 bonus, which is basically impossible. Bonus offers like these are designed to make it impossible to cashout. A fair wagering requirement would not exceed somewhere around 40x.
Let’s say you’ve received the bonus and made the playthrough, now what? It’s standard for the casino to require you make a verification deposit before they allow you to withdraw. This will be returned to you upon withdrawal of your winnings. Note the maximum cash-out on these bonuses as well. Here’s another example: A bonus of $25 with a 25x wagering requirement a may also have a maximum withdrawal of $100. You’ll rarely find a no deposit bonus of any kind that allows a maximum withdrawal amount of more than $150 or so. So once you make the minimum $20 deposit you will actually receive $80 in winnings. You’ll receive your $20 deposit back plus $80 in winning meets the maximum withdrawal limit of $100. These are all things explained in the terms and conditions and we can’t stress enough the importance of reading them to avoid disappointment. With that said, in this example, you just made $80 without risking one penny of your own money!
Every offer is different as is every casino operator’s terms and conditions. The T&C’s are your best friend when gambling online and when in doubt, talk to the casino support team. You certainly don’t want to do anything to void your chances of a withdrawal by violating one of the rules.
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