Whenever you join a new casino site, you might see no deposit bonuses being offered, but what exactly is one? Basically, a no deposit promo means you don't need to put in any of your own funds in order to use an offer. All you need to do is claim it. In some cases, you might need to create a new account, or in other cases, the offer might be available to all players.
At first glance, it might seem like these offers are too good to be true. Hundreds of free spins or hundreds of dollars worth of gifted credit? There has to be a catch, right?
Unfortunately, that is sometimes the case. While you won't need to put in any of your own funds in order to start playing, you'll need to wager some of your own cash if you want to withdraw any bonus winnings.
Bonus winnings refer to any cash you've won that came from your awarded spins or funds. If you want to be able to withdraw this money, you may need to fulfill something called a wagering requirement.
Basically, a wagering requirement is the amount of money you need to deposit from your own funds before your bonus is unlocked for withdrawal. If you don't bet the amount you're expected to, you won't be able to withdraw any of your bonus winnings.
The amount you need to wager isn't set in stone; it can vary heavily depending on the promo. Therefore, you should always make sure you check out the requirements before you start working towards a bonus.
Many no deposit bonuses do not have any kind of wagering requirement whatsoever associated with them. This means you can withdraw money without having to spend any of your own cash. Always check if an offer has a wagering requirement or not.
If a no deposit offer is subject to wagering requirements, you might find it very difficult to wager the right amount of cash. On the other hand, a lot of them are made with no obligation to spend any of your own cash. If you want to get "good value" promos, you should always look for these.
Whenever you play using any kind of casino award, you should always make sure to read the terms and conditions carefully. Failing to do so could result in some nasty surprises.
Not only do you need to worry about the wagering requirements, but you also need to consider things like applicable games. Not every title is going to contribute. Some may do so at a reduced rate, whereas others don't contribute to the amount at all. Make sure you read the terms to avoid being caught out. Check out the rest of our site here for more tips.