If you are familiar with online gambling, chances are you have heard of the no deposit bonus. These fantastic online casino bonuses are designed to offer players the chance to experience what it is like to play for real money without the associated risks involved.
As opposed to welcome bonuses and cash-match bonuses, no deposit bonuses are by definition free. In the notes below, we are going to look at exactly how to go about claiming your no deposit bonus and what to look out for before you actually sign up.
How to Qualify for a No Deposit Bonus?
If you do a quick internet search, you will find that there are many top-class online casinos that offer no deposit bonuses. In order to claim your bonus, all you have to do is sign up with the casino and activate your online casino account.
So why do online casinos offer free bonuses? What do they get out of the deal? A lot of players enjoy playing free casino games and never actually graduate to playing for real money. In order to make the transition easier, online casinos offer no deposit bonuses to show players how easy and safe it is to play and win real money online.
The idea is that once a player uses their no deposit bonus to play and win online, they will make a deposit and continue to play for real money at the casino. So before you jump in and sign up with just any casino, there are a few things to look out for. All no deposit bonuses have specific wagering requirements that must be met before a player can actually withdraw any of their winnings. There are three main areas to focus on when looking at a no deposit bonus; these are the bonus amount, the play-through requirements and the maximum cashout amount.
The Total Bonus Amount
Obviously, the first thing you need to look out for is the total bonus amount. There is no point signing up with a casino that only offers a small bonus that will last one or two games and get you nowhere. The higher the bonus, the more games you can play, and the greater your chances of winning.
The best online casinos offer a decent cash bonus and sometimes even a few free spins thrown in for good measure. You want to make sure that you can use the cash bonus and free spins to play any of the casino games and not be locked into one or two specific games that the casino is trying to promote.
The Maximum Cashout Amount
The second thing to look out for is the maximum cashout amount. This is the total amount of cash you can withdraw regardless of how much you win with your no deposit bonus. For instance, if your maximum cashout amount is double your deposit amount, even if you win the progressive jackpot, you are only going to be able to withdraw a very small percentage of your rightful winnings. It goes without saying that the you need to look for a casino that offers a no deposit bonus with the highest maximum cashout amount possible.
Play Through and Wagering Requirements
The final thing to keep an eye on is the play-through and deposit requirements. This is where online casinos actually make their money back. In many cases, no deposit bonuses have strict wagering and play-through requirements attached when it comes to making a withdrawal. What this means is that if you do happen to win any money with your no deposit bonus, you will be required to make a deposit and play a certain number of games before you can cash out.
The play-through requirement is usually a multiple of 5x or 10x. This is the multiple based on your no deposit and regular deposit amount. The total multiple is the amount you need to bet at the casino before you can withdraw your winnings.