It’s no secret that online casinos are in stiff competition with each other. It is often the competitive bonuses and promotions which vendors advertise that win traffic to their sites. Among these promotions are bonuses of different types that are designed to hook clients and keep them as long-time “family” members of the casino. Various bonuses provided at online casinos nowadays include:
For some brief information on these bonuses, you can view our guide Online Casino Bonuses Explained.
Of these various bonuses, there is one specific type that stands out amongst the crowd, as a popular magnet to online gamers. This is the No Deposit Bonus. This specific bonus is designed as a welcome promo to new players, whereby you are practically given “free cash” loaded to your casino wallet to spend on a number of great offerings. The amount of cash you are typically given can range from around €5 to €10, if not a little bit more.
This is a great way to get a feel for the games at a specific casino without spending any of your own hard-earned cash, and so, therefore, proves to be a super risk-free way of playing. Unfortunately, these bonuses are not easy to come by once you have already been welcomed to the casino.
In the day and age that we live in, it has become more and more difficult to believe that anything is for free. Offers like this seem too good to be true. So, what is the verdict here?
Well, the truth is, the cash is for free, but on what and how you use it is conditional:
Taking advantage of this type of offer involves a few other “fine print” terms and conditions, which usually have to do with specific Wagering Requirements when playing the games. These terms are put in place to ensure that you truly do put the free cash advantage to good use.
Because terms and conditions are literally linked to all casino bonuses out there, it is best not to act on a knee jerk reaction to bonuses that look good based on face value, but rather to read what is stipulated behind each offer.
Wagering Requirements differ from casino to casino. It is, therefore, best to read up on various offers found at several online casinos and make the best choice by evaluating the terms and conditions in the fine print.
Wagering Requirements involve the number of times you are required to wager the specified amount afforded to you. For example, if you are given a bonus of €10 with a Wagering Requirement of 25X, it means that you need to wager up to a value of €250 before you can withdraw any of the winnings. This obviously means that you will need to carry on betting your initial wins in order to make up this value in wagers. Should you fail to meet this requirement before the offer ends, you will forfeit the bonus and all wins made. This should not really be frowned upon, as it is still free entertainment. The benefit here still lies with the player.
Just when you thought that you had beaten the casino by meeting the Wagering Requirements and now sit with a hefty bankroll, be aware that most online casinos have maximum cash-out limits tied to their bonuses. These can range from an average of €100 to over €1000. Just be aware of the fact that you may not be able to withdraw all of your winnings.
We trust that this guide has been educational. We aim to partner with online casino goers, to ensure that they get the most out of their “iGaming” experience. We hope that the information provided in this guide, along with all of its tips, ensure that you achieve some decent success at one of our partnering casinos.
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