We spend our entire life being taught that if something seems too good to be true, it probably is. This could be said about online casino no deposit bonuses, and so we’ve answered the question; how does it work? Keep reading for a full explanation on the most popular casino bonuses on the web.
No deposit bonuses are a relatively new phenomenon in the online casino world. They were designed to attract a new kind of player, the casual gambler that wanted to grab a freebie before potentially parting with any money.
What is a No Deposit Bonus?
Exactly what it says on the tin – a free casino bonus without having to make a deposit. Usually rewarded upon a completed registration, you can expect to find these bonuses range from £5 to around £15. They differ from ‘free spins’, as free spins are usually rewarded as part of a deposit match bonus that requires a spend to unlock.
No deposit bonuses are more common amongst bingo operators, but you will find the occasional online casino offering them too. They’re good value, of course, because they’re completely free. But can you really turn them into cash?
Can I Withdraw Cash from a No Deposit Bonus?
The simple answer to this is yes, if you’re lucky enough to meet the wagering requirements, you can withdraw cash from your bonus.
There’s a number of things to look out for though, as nothing in life is free without conditions. You’ll find the wagering requirements on these bonuses are often colossal, potentially up to 60x on bonuses as small as £5. Here’s an example of what some of these requirements would look like:
|Bonus Amount||Wagering||Amount to Wager|
Remember, this means that you would need to spin through £200 before you can withdraw any winnings from £5, which is incredibly difficult to do, unless you land something big within a few spins. On top of this, there’s also usually maximum winnings limitations and maximum withdrawals, so always read the terms.
Our Opinion on No Deposit Bonuses
Look, we’ll never suggest passing up on something free, so of course if you’re offering a no deposit bonus, you should take it. We think it’s important to be realistic and take it for what it is, a small token to play a little and get a feel for the online casino before you decide to spend any money.
Although of course it does happen, it’s extremely unlikely that you’ll withdraw much from your free bonus. So our advice would be to enjoy it for what it is and have fun playing. If you’re wanting a more serious chance of turning a bonus into cash, we would recommend a deposit match. If you are to take a no deposit bonus, keep these things in mind:
- Always check wagering requirements
- Read the full terms and conditions
- Look out for limitations (e.g maximum wins)
- Enjoy the bonus, but don’t expect a win