If you’re someone that enjoys gambling from time to time, you’re probably always on the lookout for new websites to try out. The interest in playing at online casinos is growing rapidly, and today there are many different websites to choose from.
Just about all of these websites also offer some kind of bonus for their customers. There are many different types of bonuses that one can take part in while gaming at online casinos. In this text we’re going to provide you with a brief rundown of everything you need to know about one of the most popular bonuses: no deposit bonus.
But we’re not going to be providing any reviews or talk about which website can offer you the best no deposit bonus. If you’re interested in learning more about this there are several good guides, and we can recommend GamblersUSA where there are several lists running through popular casinos but also what types of bonuses are on offer.
What is a no deposit bonus?
As the name suggests, a no deposit bonus is a form of casino bonus that you receive without needing to deposit any money into the casino. Instead, all you need to do to make the most out of this bonus is to sign up and the funds will be accredited to your account immediately.
This is in stark contrast to other types of bonuses where you instead have to sign up and then deposit money in order to be able to use them. So, basically, as soon as you sign up, you will get the money and will be able to start playing after just a couple of minutes.
Different types of no deposit bonuses
There are two main types of no deposit bonuses: straight up cash and free spins. The cash segment is, as you can probably imagine, very straightforward. It’s usually somewhere around 20 dollars, or whatever the equivalent is in your local currency. This can then be spent anywhere on the website and it acts just as if you had deposited the money yourself.
The other form of bonuses is free spins. These are tokens that you can use to play various games with, but they are most commonly used for video slots or similar games. The number of free spins that are given to players can vary wildly, but it’s usually somewhere between 50 – 200.
The wager requirements
While reading through this, you may have noticed an obvious flaw in the casinos’ modus operandi. Aren’t you able to just gamble for the money you’ve been given in a form of bonus and then withdraw that money and be on your way? Without a wager requirement, this would be the case.
As the name implies, the wager requirement is a set of rules that are set in place to ensure that people don’t just take the money and run. The specifics of the requirements vary from casino to casino, and it’s usually a set sum of money that you need to deposit and then play for to be able to withdraw winnings that have been obtained with help of the bonus.
This can make withdrawing money somewhat tricky, as it can be difficult to keep track of what winnings you have acquired with the help of the bonus and with your own money respectively. Therefore, it’s very wise to keep track of this, but to also make sure that you understand the wager requirement in full.
The bonus is a way of getting your bearings when picking a new website
Bonuses should not be seen as a way to scrape together some extra cash. Due to the wager requirements and the rules around these it can be somewhat difficult to withdraw one’s funds. Add to this the fact that the bonus, regardless of whether it’s cash or free spins, is usually not that large.
The bonus should instead be viewed as a simple and easy way to shop around on the website or in the app to help you find something that piques your interest. Perhaps you’re interested in trying out a completely new form of entertainment but aren’t willing to put your own money on the line to do it. The bonus can then act as a way of getting your bearings without having to risk anything.