No deposit bonuses are an incentive from online casinos to attract new players. These bonuses are usually given in the form of interest-free credit , which can be used for betting in various games or in the form of several prepaid spins on certain slots.
No deposit bonuses are usually given as a gift to attract new players. The main purpose of these bonuses is to promote the casino brand and obtain the email address or phone number of potential players. These contacts are likely to be used for marketing purposes.
Terms and conditions of using free registration bonuses
“One bonus per player” is the most important rule for issuing no deposit bonuses. Because the bonus is free, the casino is usually not interested in giving it to the same player over and over again. If you manage to meet the requirements of the bonus wager and you want to withdraw your winnings, the casino will need to confirm your identity. If you register, for example, as Ivan Ivanov, you will not be able to make a successful withdrawal.
Casinos understand this, so your only chance is to register under your name and only once for each bonus.
If the bonus takes the form of an interest-free loan, you will have to place bets many times before you can withdraw it. No-deposit bonuses have very high wager conditions – sometimes up to 100x. This means that if you have a $ 10 free loan, you will have to play 1000 spins for $ 1 each to win them back. Note that not all games allow you to play with bonus credits, and not all games have the same bets in order to play the bonus. For example, in a game of blackjack, this is usually either completely prohibited, or only 5% of the bet is returned. In this case, you will need to bet 20 times more when playing blegg, as opposed to slots.
Playing with prepaid spins, the casino sums up your winnings from these spins. When you’re done with the spins, you’ll have to play the total amount you won in the free spins many more times. Example: You won $ 3.69 out of 10 free spins on Starburst. With a 50x wager requirements, you will have to bet more than $ 184.50 in total.
You lose the vast majority of free bonuses before the wager is met. If you are lucky enough to play the bonus, then you will need to consider the maximum value rule for conversion . Even if you end up with a bonus worth more than $ 500, you will not be able to withdraw more than $ 50- $ 100.
Another rule is the maximum allowable rate . If the casino sets a maximum bet when playing with a bonus, you must not exceed it. Otherwise, the casino will have a reason to refuse to pay. And most casinos will really use that excuse. Keep in mind that this rule is not imposed by the casino system, so it is important for you to carefully read the terms of the bonus.
The last rule that is applied in some casinos is that you will need to make a deposit before withdrawing your no deposit bonus. In my opinion, casinos use this as another way of control. But be careful, because some casinos may try to deceive you and force you to play with this “verification deposit”. Always ask in the chat to make sure you understand the terms and conditions correctly.