The iGaming sector is highly competitive. This has forced casinos to come up with strategies that can enable them to attract new customers and maintain existing ones The use of bonuses like no deposit bonuses is one of the strategies used. Click http://www.kalekold.net/ for more information.
What Can I Win from A No Deposit Bonus
Playing casino games using a no deposit bonus is similar to playing games for free since, in both instances, you are not using your cash. You may, therefore, find yourself wondering if you can win some withdrawable money when playing using a no deposit bonus.
- You can win real money if you place bets using a no deposit bonus.
When you are offered a no deposit bonus, you can use the bonus money or spins to wager on your favourite games. If you manage to win some money from this wagers, you can go ahead and cash out, provided you meet all terms, such as wagering requirements.
Wagering Requirements in Regard to No Deposit Bonuses
When you are offered a bonus, it is tied to some wagering requirements that you are expected to fulfil before you can withdraw the winnings you make from this bonus. Notably, these are the number of times you should wager the bonus funds.
Prior to meeting these requirements, you cannot withdraw your money. What this means is that if for instance you are given a bonus of $30 dollars with 30x wagering requirements, you are supposed to wager at least $900 (30x30) before you are able to cash out.
What if I Fail to Meet The Wagering Requirements?
Usually, casinos set the duration with which you should've used up all your bonus money. For most casinos, it is 30 days, but it can be longer or shorter in others. If this duration expires and you have not met the wagering requirements, the bonus is cancelled.
- When offered a no deposit bonus, ensure you exhaust it before the stated expiration date.
- You should also meet the wagering requirements within this timeframe.
It's frustrating when you're offered a bonus and it ends expiring before you exhaust it. Even more frustrating is when can't withdrawing your winnings due to requirements that, to some extent, are unrealistic. The way forward, probably, is to consider no deposit bonuses that have no wagering requirements.
No Deposit Bonuses Free From Wagering Requirements
When you're given a no deposit bonus, you get excited since you feel you will be able to try out some of the games you fancy without using your real money. It gets even better when you realize you can immediately cash out your winnings once you win.
Some casinos have no deposit bonuses that come with no playthrough requirements at all. With this, as soon as you win some cash from this deposit, you can cash it out, provided you have met all other terms, such as the minimum withdrawable amount.
Types of No Deposit Bonus
No deposit bonuses are either in the form of free spins or bonus funds. For free spins, you are given extra spins on the casino's popular video slots either to welcome you to the casino or to thank you for being a loyal customer.
- You can be given a no deposit bonus in the form of free spins or cash
Bonus funds refer to the money that is credited to your account when you join a casino. Unlike no deposit free spins which are mainly valid on video slots, you can use the funds to place bets on the casino games of your choice.