What are Wagering Requirements?
We have mentioned how important a role wagering requirements play in determining the value of a bonus. So, what exactly are wagering requirements?
Wagering requirements are rules that guide you on how to withdraw your winnings. It will specify the number of times you as a player would need to play the bonus money before you can make a cash withdrawal.
For example, a wagering requirement on a £30 no deposit bonuses might be 30x. What this means is that the player must play a 30x £30 to withdraw the no deposit bonus. So, the player must pay £600 in wagering or bets.
As soon as a player completes the wagering requirements, he would be able to withdraw the winnings stemming from the use of the bonus. Failure to meet the wagering requirements would mean players forfeit the rewards. And in some cases, the bonus would be revoked.
No Deposit Bonuses Terms and Conditions
Most casinos that offer a no deposit bonus usually do so under some terms and conditions. In these terms and conditions, they stipulate the games that can be played with the rewards given by the Casino. When players violate these terms and conditions they, in other words, forfeit the bonuses.
How to Redeem a No Deposit Bonus?
No Deposit vs. Sign-up Bonuses
You should note that there are no deposit bonuses, as well as sign-up bonuses. The main difference between the no deposit bonus and a sign-up bonus is that the former is free.
A no deposit bonus does not require you spending any money to get these bonuses. The only requirement is to have an account, and you can redeem this bonus. On the other hand, you can get sign-up bonuses on completing the registration. Most often, it comes with specific terms and conditions before you can redeem the rewards.
Another difference to note about these two types of bonuses is that no deposit bonuses are fixed. But sign-up bonuses or welcome bonuses are percentage-based.
Best Free Bonus Deposit casinos
Can you Win Real Money?
Yes, you can win real money when you play online Casino at a casino that does not require a deposit. Everyone can have a first-hand gaming experience in online gaming, online slots, including several slot games. These casino bonuses might only apply to a particular game, or slot. On fulfilling the wagering requirements, you can cash out these bonuses for real cash.
Furthermore, one of the most popular ways to win real money from online casinos with no deposits is by using free scratch cards. Some casinos offer free slots bonuses as well, which earns you real money.
So, with a sign-up bonus, players can choose how much they can afford to deposit to redeem the gift.
Can you keep your money?
Of course, you can keep your money. When you get free spins on some online casino, you might need to fulfill wagering requirements to win real money.
However, take note of the terms and conditions of these bonuses. Some terms and conditions must be met in other to be able to withdraw these funds.
What is Promo Codes No Deposit Bonuses?
As the name implies, promo codes are codes that reward players with free spins or real cash when they use them. These codes are unique codes that are given by the Casino to reward its players. There are certain types of games players can use promo codes to play. Some rules guide the use of promo codes at casinos.
Wagering requirements is one of the rules that guide the use of a no deposit promo code bonus. On using a promo code, you may have to fulfill wagering requirements before the funds are available for withdrawal. Meaning you would have to roll over the bonus several times before you can cash out.
Some no deposit bonuses are cashable. What this means is that the players can cash out the wins of the bets, and not the reward itself.
There is also the bonus cashout limit. For instance, some casino’s no deposit bonus wouldn’t allow players to withdraw more than £50 or £100 at a time.