Bonuses for new players are a common practice in internet casinos. A typical example is multiplication of the initial deposit or increase by a specific amount. Some people may not want to create an account and send money to a casino which they haven't tried beforehand. Yes, every casino offers free play version but it's a different thing with real money. Some casinos, poker rooms and sportsbooks therefore offer so called "no deposit bonuses" to new players. You may also find them called differently, e.g. Free Play Bonus or Free Spin Bonus..
Although it may seem suspicious in the least, in this case it really is true. Casinos are no philantropists and of course they have their own interest in it. The casinos hope that playing for free money will interest the players enough to later deposit their own money. You can look at it as free drinks and snacks in a real brick-and-mortar casino. Drink and eat to your heart's content but most importantly play!
No deposit bonuses usually have conditions for utilizinh them. A common example is a time limit during which you can draw the bonus. In this case the bonus is usually really high, in the range of hundreds or thousands of dollars. The catch lies in the fact that you can play with the bonus for e.g. just an hour. After this "trial period" expires, the player gets to keep only the money he has won above the bonus value or only part of the win.
We may often encounter bonuses that need to be wagered multiple times before you can touch the bonus or your winnings. This type of bonuses includes terms such as "rollover" or "Wagering Requirements (WR)". These terms indicate how many times the bonus has to be wagered. When the WR is 20 and bonus 20€, it means that before you can withdraw your winnings, you must make bets in total amount of 400€.
What should I keep an eye on?
- Games limitation - some games, typically those in which the casino has a lower advantage, may not count towards WR or they count only in a smaller ratio.
- Maximal win amount - when you hit the jackpot using a No Deposit bonus you may not necessarily become a millionaire. Casinos have winnings limits which cannot be exceeded when using No Deposit bonuses.
- Mandatory deposit before withdrawal - you really do get the No Deposit bonus without a deposit. However, if you win using the bonus and meet all requirements (WR or time limit), it may happen that you cannot access the money before you deposit at least a minimal amount.
- Sticky bonus – this term means that the bonus itself cannot be withdrawn, you can only withdraw the winnings which you reached thanks to using the bonus.
It is also important to mention that procedures for withdrawing the no-deposit bonus can be lengthy. Sometimes it may be required to fill out a questionnaire or you may receive a phone call by a customer support representative for identity verification.
Nevertheless, no deposit bonuses are an appealing offer. It's worth it to try out casino games for free.