A casino or gaming establishment must meet a few requirements to qualify for a no deposit bonus. First, they must be accessible via the internet. Second, they must provide money to gamers without forcing them to make a deposit first.
No deposit bonuses have long been a popular way for casinos to attract new customers. The website can ensure that gamers have a good start by providing free money. Even if the gamer uses up their free dollars quickly, the idea is to get them so hooked that they dive into their wallets for more money to keep playing.
This article is designed to introduce new players to the many types of no deposit bonuses. We will also look at the fine print that often accompanies these offers, and the sneaky practice of bonus hunting. By the time you’re done reading, you should know enough about the subject to feel confident signing up for an account at your favorite online casino.
No Deposit Bonuses are available in a variety of forms.
The principle of a no deposit bonus is the same, whether you are an American gambler or someone who lives in another country. In exchange for becoming a frequent customer, the casino will offer you a small amount of money-usually less than $25. This money is sent to you as soon as you join, and the amount is deposited directly into your account.
The casino can afford to bear the loss if its ruse fails. However, if it succeeds, which is generally the case, they will recover the initial incentive before participating in your funds.
Online casinos offer two different types of no-deposit bonuses and always know which ones are available before you register an account with a gaming site.
Non-Cashable Bonuses: Although these funds are considered legal currency within the casino, they cannot be converted into actual money. If you received a $20 bonus and then used it to win another $100, only the $100 is eligible for payout.
There are two types of non-cashable bonuses in this category: “phantom” and “sticky.” The phantom type disappears as soon as you make a withdrawal, and the nonsticky variety disappears from your account once you’ve used it to play.
Cashable Incentives: While non-cashable bonuses are more popular, some casinos offer cashable no-deposit bonuses. However, this will not happen immediately because the player still needs to meet the casino’s wagering requirements.
Whether or not the bonus money may be cashed out, the casino will almost always require the player to wager a certain amount before making a withdrawal. The “playthrough” is a term used to describe this process.
Consider the case of a player who received a $20 no deposit bonus with a 25x playthrough requirement. This means that the bonus and all winnings earned from playing with the casino bonus must be wagered $500 (2025) before the prize, or all winnings earned from playing with the casino bonus can be withdrawn.
It is advantageous to shop around for the best deals. I just came across a website that paid $10 to complete the registration process, but the wagering requirement was only 1x. Due to a bit of house edge, a few games were dropped from the playthrough.
Although most players choose no deposit casinos for the games, some are more interested in the free money. These people are called “bonus hunters” or “bonus whores,” and their goal is to make quick money by betting as little as possible.
They look through the wagering criteria to check if a game with a low enough house edge is allowed to play on when they find a casino with a no deposit bonus. If so, the bonus hunter only has to play long enough to meet the site’s requirements before paying out.
Because of these people, no-deposit casino bonuses are becoming rarer and rarer. And, even when they exist, the amount of free money is often kept low enough to deter such players.