With so many online casinos competing for your attention and your dollar, it might seem a tad too much about which one to choose. Likewise, if you are already happily involved at an online casino, you might wonder if joining a new one is worth your time or financial interest. Perhaps one word to sum it all up is yes. With no-deposit bonuses, you have nothing to lose and everything to gain. What exactly are no-deposit bonuses, and are they worth your time? This is what this guide is all about.
What Are No-Deposit Bonuses?
A no-deposit is an exclusive sign-up bonus for new members who want to join an online casino. As opposed to the deposit match or second chance credits for the welcome bonus, new members don’t have to make a deposit with no-deposit bonuses. Without having to make a deposit, new members can win real money.
Suppose new members win money without financial risk. In that case, there is a great chance that they will continue on at that online casino and at least make their first deposit to trigger the generous deposit match bonus or the second chance credits.
Other No-Deposit Benefits
Besides the opportunity to win real money for free, no-deposit bonuses allow players to study most games without financial pressure. By previewing and practicing these casino games for free, you can easily see whether or not you wish to pursue them for real money. For more serious players, playing table games like roulette and poker requires more time to learn. Also, different payouts come with different betting odds, so playing these games for free certainly helps in that regard.
For more experienced players, no-deposit bonuses usually apply to more complicated table games like roulette, which is heavy on betting methods. Mastering betting methods like the Martingale and the d’Alembert takes time, so no deposit bonuses really show how invaluable they are in this regard.
What Are the No-Deposit Wagering Requirements?
Like any bonus, no-deposit wagering requirements have their share of playthrough requirements. Each site might have low or significantly higher wagering requirements. For wagering requirements higher than 15x, I tend to avoid them because the risks outweigh the benefits. The wagering requirements are the bonus funds requirements that players must stake a certain amount of times before they can make withdrawals. When dealing with no-deposit bonuses, you will typically encounter these different types.
- 1x to 2x the bonus amount for a great deal of online casinos. These are the lowest requirements that you will find online.
- 3x to 5x the bonus amount. However, it is not common to find these playthrough requirements. Some online casinos offer these fair playthrough requirements.
- 10x to 15x the bonus amount. These are the average wagering requirements at most online casinos. These requirements are also common for most deposit match bonuses. Depending on the online casino, players might be able to roll over some of the no-deposit bonus funds with the welcome bonus.
- 20x and over the bonus amount. At this point, I would seriously consider avoiding the no-deposit. The amount you have to wager is essentially in the thousands at this point, and you can wind up losing more than you gained.
One of the reasons why I’m a big supporter of sweepstakes casinos is that all of their no-deposit bonuses carry a 1x wagering requirement. Even better, I get to use all of these free gold coins and a few of the sweepstakes coins on all the games that the site offers.
With so many more free chances compared to real money casinos, I can take even more time practicing with my favorite games to come up with a winning strategy. Also, with social casino no-deposit bonuses, the 1x wagering requirement only has to be on 10 to 15 sweep coins to qualify for a gift card. To cash out on a 1:1 ratio, I only have to wager at least once on 50 to 75 sweeps coins.
Final Thoughts
Prior to the rise of social casinos, it was hard to come across no-deposit bonuses in American legal online casinos. Right now, only three offer them. However, all reputable social casinos offer a no-deposit bonus with thousands, or in some cases, a million free gold coins. With social no-deposit bonuses becoming so popular, look for more real-money casinos to offer them, too.
