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Online casinos have taken marketing to another level by offering a plethora of bonuses to new players as well as experienced players. Undoubtedly, everyone loves free money; be it a few dollars to stake on a game or an all-expense paid trip to a premium tourist destination. There are several types of casino bonuses and they are subject to change from one casino to another. Today, we have compiled an article on a common type of casino bonus, no deposit bonus.
What is No Deposit bonus?
At this juncture, I am pretty sure you are conversant with the deposit bonus. Where an online casino offers to double or triple your deposit. Meaning, you have to make a deposit to be given the bonus. However, some generous casinos offer a rare type of bonus, the no deposit bonus. Casinos offering this bonus type do not require you to make a deposit to receive the bonus. Usually, no deposit bonus is a cash bonus which is not more than 100 quids. In some cases, the bonus can be as low as £5 which you can at least wager once on your favorite game.
No deposit bonuses always come in handy when testing a new game or testing the efficacy of a strategy for strategy-based games. Basically, no deposit bonus offers you a chance to literary build your gaming career from ground up with zero investment.
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What is wagering requirement?
As you well know, you can’t just sign up with an online casino, receive the bonus and then withdraw the bonus right away. That would be the easiest way to by that posh car, wouldn’t it? To prevent abuse of the bonus, most online casinos have installed safeguards which ensure the bonus serves its intended purpose. Withdrawal of casino bonuses is usually subject to wagering requirements .Simply put, wagering requirements denote the number of times you are supposed to play through the bonus amount before you can be allowed to withdraw the bonus together with the winnings.
For instance, if let’s say an online casino gives you £300 bonus and has x30 wagering requirement, it means that you have to cumulatively wager £9000 to be able to make a withdrawal. It is imperative to note that different bonuses may have different wagering requirements and hence it’s always advisable to check the play through requirements before accepting a bonus.
Benefit of No deposit bonus with no wagering requirement
Although it is a rare occurrence, a number of casinos do exempt players from wagering requirements. This bonus comes in form of free spins where you are given a chance to play a slots game for free and keep your winnings afterwards. A no deposit bonus with no wagering requirement translates to faster withdrawals .You only have to request for a withdrawal and your winnings will reflect in your bank account after a few days. However, a bonus having no wagering requirements does not necessary mean that it is not subject to terms and conditions. As a matter of fact, this type of bonus may have its own set of conditions.