Advantages and Disadvantages of No Deposit Bonuses
It’s safe to say bonus codes are there to make it easier for some players to get what they want.
It’s highly unlikely that anything can beat no deposit bonuses because they are “free.” Then again, that’s not their only advantage. It is a unique influential link type of bonus, which is a victim of its own pros.
They are free You can win real money You can try new games with no risk You can test a casino without commitment They are available at LEGAL US casinos Wagering requirement Can be subject to winnings limits Game restrictions
If you are looking for fun only, all no deposit bonuses fit your criteria because you will get just that. On the other hand, if you want to have some chances of landing a profit and withdrawing, you have to handpick them.
The biggest drawback of no deposit casino bonuses is the game restrictions. Luckily, US online casinos still don’t impose too high wagering requirements.
Types of No Deposit Bonuses
Based on what you receive and when you receive it, there are five different no deposit bonus types. Some are still not available in the US, like “free play money,” others dominate at casinos, like the “free bonus money.”
The most wanted and the first no deposit bonuses to appear fit this category. Players get free bonus money to play with, no hidden terms.
This is the equivalent of free spins, but in a different currency. You first play with the play money, and the winnings are converted to BONUS money, where you need to complete wagering requirements.
Limited to slots only, no deposit free spins give players the chance to play specific games, only slot games. Winnings are converted to BONUS balance, where you need to complete wagering requirements.
Cash backs don’t require a deposit to trigger the bonus. Some casinos offer them to high rollers only or to loyal players. You have to make a deposit prior to becoming eligible for a cash back.
Online casinos sometimes have very complex VIP and loyalty programme. The rewards are based on loyalty points, that can be converted to bonus or cash.
According to some experts, there are only two types of no deposit bonuses, including the no deposit bonus money and the no deposit free spins. This is true to some extent, especially if we are trying to point out free casino bonuses for new patrons.
We consider a no deposit bonus any offer that does not require a real money deposit to trigger the offer.
Online Casino No Deposit Bonus Terms and Conditions
They won’t cost you a thing, but even free casino bonuses are subject to a list of terms. However, because of their nature, some are gone, and others are added to replace them, like the maximum winnings limits.
- ??Wagering requirement
- ??Expiration time
- ??Eligible games
- ??Maximum winnings limits
Not all bonus terms are equally important. If you are looking for fun only without putting much emphasis on cashing out, the wagering requirement is not necessarily detrimental. On the other hand, if you like to enjoy a casino game that’s usually excluded, you should definitely check the eligible games.
It’s not uncommon for no deposit casino bonuses to have higher than the general average wagering requirement. The US, however, is a peculiar market, where even the free casino bonuses carry relatively low wagering requirements.
Cash back bonuses, for example, can carry no wagering requirements, but be available in specific games only. However, this is another thing that will change as the market grows. Online casinos will be forced to impose wagering requirements to stay solvent and profitable in the long run.