Over the last several years the online casino industry has done nothing but grow. Throughout 2020 and 2021 more new online casinos have appeared on the internet than ever before. The intense growth of the industry has led to intense competition.
With a record number of online casinos in operation, operators are doing everything they can to attract and keep new players. One way for casinos to increase their base of players is to offer real money bonuses.
For a long time, the only bonuses available to online casino players were based on the size of the deposit that the player made. But now, operators are finding that these bonuses are not enough. Vigilant players who know where to look can now find no-deposit casino bonuses. In other words, players can claim real money bonuses without making a real money deposit first.
Now, no-deposit bonuses are not going to make you rich, but they can be an effective way to pad your bankroll and get plenty of extra hours playing your favorite online casino games for free. Sure, you can enjoy free slot machines and other games that are available to play in demonstration mode, but playing that way won’t give you the opportunity to win real money. When you’re playing with a no-deposit bonus you could end up walking away with a nice chunk of extra change in your pocket.
💰 No-Deposit Bonus Rules
The first thing you’ll need to do if you want to take advantage of no-deposit bonuses is to make sure that you have read all of the terms and conditions related to the bonus that you would like to claim.
Rules and requirements will vary from one casino to another. In most cases, there will be special wagering requirements that must be met before you can cash out any funds that are won through a no-deposit bonus. Most casinos will also require you to verify your identity and make at least one real-money deposit before you will be able to make a withdrawal. It is extremely important that you read and understand all of the terms and conditions before you try to claim any bonus.
Although any no-deposit bonus will give you the opportunity to play for free, it is definitely in your best interest to seek out no-deposit bonuses with the best terms. The more friendly the terms are, the more likely that you will walk away as a winner and actually be able to cash out your winnings.
To get the most from your no-deposit bonus, you want to look for casinos that offer a combination of the largest bonus amount with the lowest wagering requirements. Of course, there is no perfect no-deposit bonus, but by doing some research first and looking for favorable terms you’ll increase your chances of ending up with a profit when you’re done playing.
Some Things to look for When Redeeming a No Deposit Bonus
Maximum Cash-Out –
Most bonuses have a maximum cash-out amount. This is basically an upper limit on the amount that you can win from a given bonus. If a bonus, for example, has a maximum cash out of $100 and you hit a big win for $150, when you try to withdraw your funds you will only be able to withdraw the $100 limit. The remaining $50 will be forfeited. Obviously getting a big bonus with a low maximum cash-out amount is not going to do you much good. In general, we would expect the maximum cash-out amount to be five times the amount of the bonus. If you’re looking at a bonus that doesn’t meet this standard, you might be better off checking out offers from another casino.
Bonus Amount –
Of course, the bigger the base bonus amount, the better. Since you’re not contributing any real money to claim the bonus, no-deposit bonuses are generally much smaller than the more common deposit match bonuses. No-deposit bonuses are usually in the area of somewhere between £/$/€ 15 – 25. Bonuses lower than this amount might not be worth your time, but if you find larger no-deposit bonuses, we’d highly recommend that you take advantage of them, assuming that other terms are favorable.
Here you can find our section with cashable casino bonuses and some bad bonus examples.
Wagering Requirements –
In general, with any bonus, the lower the wagering requirements are, the higher the chances that the player will actually be able to cash out bonus winnings. Most casino bonuses have wagering requirements of somewhere around 30 times the bonus amount. With no-deposit bonuses, again, since you’re not putting down any real money, the wagering requirements may be higher than with traditional deposit match bonuses. We can only suggest that you try to find bonuses with wagering requirements that are as low as possible.
Here you can find our selection of no wagering online casinos with low to no playthrough bonuses
❓ How Much Should You Bet When Clearing A No-Deposit Bonus?
No-deposit bonuses will often have some kind of betting restrictions. Casinos generally set an upper limit on the amount that can be wagered on any single bet when working to clear a bonus. Our general advice is to find a moderate wager amount somewhere in the middle of the minimum and maximum that you feel comfortable with.
Betting too high or too low can have a detrimental effect on your chances of actually claiming any winnings. If you bet too much, you’re lowering the number of opportunities you have to earn prizes. For example, if you have a $10 bonus, and you bet $1 on each spin of the slots, you’re only going to have 10 chances to win something. These odds are not very good and it’s highly likely that you will lose the entire bonus before you are able to clear any wagering requirements.
On the other side of the coin, betting too little can put you in a position where your winnings are too insignificant to be meaningful. For example, let’s say you have that same $10 bonus and you decide to bet two cents on every spin of the slots. Even if you didn’t win a single spin, this would give you 500 spins. While 500 spins is a lot of free game time, betting such a small amount will result in equally small payouts when you land winning combinations.
💵 Make The Most Of Your No-Deposit Bonus
We’d like to take a moment to point out that you should not think of no-deposit bonuses as a way to earn income. These bonuses are intended to give you an opportunity to explore and test a given casino without risking any real money.
By following the advice above you can maximize your chances of walking away a winner and actually cashing out a bonus, but this should not be something that you count on. In addition, we’d also like to remind you to play responsibly. You should never gamble with money that you can’t afford to lose.
With that said we invite you to check out our lists the best online casinos that offer both deposit match and no-deposit bonuses. We list only the best because we believe you deserve no less.
Cheers and good luck!