Gambling Bonus Terms Are Unfair, Claims the CMA [...]
No Deposit Bonuses
Online casinos offer many types of new and existing player bonuses in order to attract new players and keep the old ones coming back for more. The most lucrative type of online casino bonus is the no deposit bonus which is given only to new players once they sign up with the casino. As the name implies, no deposit is required to claim the bonus. Therefore, it is far more susceptible to abuse by players compared to the other types of bonuses. However, the no deposit bonus cannot be withdrawn immediately once it has been claimed because players have to meet its wagering requirement.
No deposit bonuses are designed for skeptics that are afraid to give their own money to play casino games online. They are in fact “free cash” the casino gives to new players to check out the games without the risk of losing their own money.
Why Do Online Casinos Offer No Deposit Bonuses?
When you visit a no deposit casino online, it often boldly displays the no deposit bonus on its homepage. The amount the casino gives “for free” usually ranges between $5 and $25. The main objective of this casino bonus is to try to get players interested and sign up with the casino. The competition in the online casino industry is very tight, so this is a good way to attract new customers. Players, on the other hand, can take advantage of the no deposit bonus without the need to make a deposit, therefore, they can check out the games without risk. The no deposit bonus is a good way to familiarize with a new casino and its games and, at the same time, to earn some cash.
Are They Really “Free”?
When online casinos offer no deposit bonuses they are essentially giving you free money to play with because in order to claim the bonus you don’t have to put your own money at risk. However, this type of bonus comes with certain restrictions called terms and conditions, particularly wagering requirements. For example, if a casino gives $10 no deposit bonus it is subject to 50x playthrough requirements before it can be withdrawn from the casino. In addition, only casino games of luck like scratch cards and slots contribute toward meeting the requirements.
How No Deposit Bonuses Are Normally Redeemed
- Visit a no deposit online casino and register a real money account with it. Alternatively, you may need to download the casino software on your computer and then register an account.
- Make sure you check whether you need to enter a bonus code at the cashier to claim the no deposit bonus. In some cases, it is automatically credited into your account.
- Once it is credited to your account you can start playing games. Make sure you check the list of games eligible for meeting the wagering requirement and the percentage they contribute toward it.
- Once you meet the playthrough requirement you can request a withdrawal or you can use the money you have won to continue playing.
The no deposit bonus is a good way to test casinos with little or no risk involved. Trustworthy online casinos that offer no deposit bonus will allow you to cash out the money you have won with the bonus if you have fully met the terms and conditions which says a lot about the reliability of the casino. Therefore, if you are new to online casino gambling, sign up with a no deposit casino to see how it goes and check whether it is safe to make a deposit and continue playing.