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 through the bonus money before you can make a cash withdrawal. For example, a wagering requirement on a $30 no-deposit bonus might be 30x. So the player must play a 30x $30 to withdraw the no-deposit bonus.
Once a player completes the wagering requirements, he can withdraw the winnings from using the bonus. Some games have different needs depending on the terms and conditions of the Casino. For example, slot games may contribute more than roulette. Failure to meet the wagering requirements would mean players forfeit the rewards. And in some cases, the bonus would get revoked.
No Deposit Bonuses Terms and Conditions
Most casinos that offer a no-deposit bonus do so under some terms and conditions. These terms and conditions stipulate casino games that can get played with the Casino's no-deposit bonus rewards. If players violate these terms and conditions, they will forfeit the bonus & possibly any winnings derived from the bonus.
How to Redeem a No Deposit Bonus?
Legal US Casinos make this an easy process. You can quickly redeem a no-deposit bonus like all types of casino bonuses. First, however, you must register or sign up for the Casino's newsletter or social media page depending on the Casino.
You will also have to comply with the bonus's terms and conditions, such as the specific games or category of games that will contribute to your overall wagering requirement and the time frame to redeem the offer.
Some casinos may also allow players to withdraw these bonuses for real cash, subject to specific terms and conditions. Generally, the bonuses these casinos offer are usually within the range of $5 to $10. Sometimes, the rewards are free spins that can get used to claim real cash prizes.
If you don't know what it is, find out what a No deposit bonus is.
No Deposit vs. Sign-up Bonuses
There are no deposit bonuses and also sign-up bonuses. The main difference between the no-deposit and sign-up bonus is that the former is free.
A no-deposit bonus does not require you to spend 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 claim sign-up bonuses on completing the registration. However, it often comes with specific terms and conditions before redeeming rewards. Another difference between these two types of bonuses is that no deposit bonuses get fixed. But sign-up bonuses or welcome bonuses are often percentage-based match bonuses.
Can I Make Money Playing a No Deposit Game?
One of the reasons people play at online casinos is to win money. By wagering on various casino games, people get a profit or loss depending on their luck.
However, you're not betting your money when you play a no-deposit game. So does that mean you don't get any money out of it? Well, it differs from Casino to Casino.
Almost no US Online casinos will let you take your winnings out. However, some casinos will allow you to keep your wins, provided you deposit. For example, if you create an account but don't deposit money as you play, your winnings will get placed into a bonus wallet.
To unlock it, you must deposit a minimum amount. Other casinos don't let you cash out your winnings from a no-deposit bonus. Instead, this bonus money can only get used within the Casino itself. Then, you can use the money you've won to play other games.
This type of bonus is called a Sticky Bonus. There may be other limitations, so it's always wise to be familiar with the terms and conditions. We list all of this in our Casino Reviews.
Additional bonuses and promotional offers from the Casino also get blocked. For instance, you might not get loyalty, comp points, or cash back.
Recap Advantages & Disadvantages Of Free No Deposit Bonus Casinos