With the onset of online casinos, otherwise known as virtual casinos or internet casinos, many people can now easily access casino games, play and wage over the internet without physically appearing to play. Online casinos buy or rent software that enables them to operate online. Online casinos use bonuses as a marketing tool that helps them attract new players. The signup bonuses are offered to new players on opening an account, on their first deposit, and in some cases on the subsequent play. One such bonus is the no deposit bonus. Other bonuses include welcome bonus, referral bonus, deposit bonus, cashback bonus and free spins. Below we explore the ins and outs of how no deposit bonuses work.
No Deposit Bonus
A no deposit bonus is a type of credit a casino gives you for creating a verified live trading account before you deposit any money. This is the most popular casino bonus.
The player does not need to deposit their own money before making a claim. No deposit cash bonuses are mainly used by casinos as acquisition tools to attract new players. One of the unique features of the no deposit bonus is they do not take the form of real cash. This is among other features as highlighted below.
No deposit bonuses are non-cashable: These are also known as phantom or sticky bonuses. This simply means the bonus forms part of the player’s bonus. Though it cannot be cashed out during cash out time, the phantom or sticky bonus is deducted from the players balance when they place a withdrawal request.
An excellent way to explore a new game and test several casinos: If you are a novice player, a no deposit bonus is a great way to explore a game without the risk associated with losing. You get to select and experience an actual online game, and in the end, you risk nothing since you already have a deposit. The deposit is mostly in terms of bonus funds or slot spins, this means you are given bonus cash or extra spins during a game. As a player, you do not need to make any deposit to qualify to play.
Everyone Qualifies For No Deposit Casinos: Once you fulfil the legal and jurisdiction requirements, you qualify for the bonus. You can take advantage of the offers as long as you are of legal age. The only feature you may not like is you enjoy the no deposit bonuses only when you are a new player.
No Deposit Bonus Types
These bonuses are non-cashable, taking the form of free spins and bonus cash
Free or extra spins: They allow you to take an extra spin on a slot game without paying with your own money. The extra spins are mostly centred on slot games which are the most popular, and they help casinos to boost a particular game’s polarity. However, they are non-cashable.
Bonus cash: The casino credits your account, and you can use this balance to play games, mostly slot and table games. However, this credit is not real money hence non-cashable. You cannot withdraw the cash from your account, and it also comes with the wagering requirement.
The Wagering Requirement: These are the requirements you need to meet in order to receive winnings from your bonus. The wagering requirements require you to bet a certain amount of money within a limited period of time before you can withdraw winnings accrued from the bonus.
Why No Deposit Bonuses Are Important
These bonuses are attributed to the great success experienced by online casinos. These bonuses act as an incentive to attract new players who, in return, tell others. This makes this bonus the most popular online casino bonus.
As a player, you have nothing to lose, and you don’t have to do anything beforehand to receive the bonus. The casino needs new players, and this is a perfect way to attract you.
These bonuses do not only help you explore new casinos; they are also very key to those starting out. However, due to the requirements, you may want to consider only licensed and reputable casinos. You also need to ensure you select offers that have reasonable playthrough requirements.
Restrictions on No Deposit Bonuses
Considering the free nature of the bonuses, you may not be able to freely do much with your bonus, considering this is a fully-fledged business that needs to make profits. Casinos put these restrictions to ensure they keep afloat and the bonuses are not misused, leading to disputes with bonuses being the leading cause of disputes in casinos. Some of the restrictions include:
Game restrictions: Depending on the casino, you may only be allowed to use the bonuses with one particular game or a few stipulated games. This means you cannot access all games, and you may be required to make a deposit with some. In case you are interested in playing or learning how to play specific games, you need to be sure the bonus allows you access to that specific game. Otherwise, your free bonus may end up not being of much help.
Bet Size and Maximum Withdrawals Limitations: Besides limiting the number of games you can play using no deposit bonuses, they also limit the bet size and the maximum amount that you can withdraw. For the extra spins, they limit, ensuring it’s a fixed size per spin, and when it comes to bonus cash, there is a maximum and upper limit depending on the size of the wager.
Wagering requirement: Wagering requirements though reasonable are hard to achieve. Casino bonuses are not just freely offered to anyone; otherwise, they would soon close shop. The bonuses come with wagering requirements. These requirements ensure players do not just walk away with the casino’s money after they claim their bonus. Casinos give bonuses which are essentially money; in return, they expect the player to commit a certain amount before they are allowed to withdraw. Another trick with these bonuses is they are set quite high in a way that the player has very low expectations
Get Your No-Deposit Bonus Today
No deposit bonuses are a great way to test different casinos before you finally settle for the most appropriate one. They are also great for beginners and one of the easiest ways for casinos to attract new players. This is a win-win. You only need to join a reputable and licensed casino, and you are good to go