There are countless online casinos to choose from and although players take factors such as graphics and gaming options into consideration when choosing an online casino, bonus offers are undoubtedly the one thing that will help you make your final decision.
Casino bonuses have been around since the beginning of the online casino industry in the 1990s, but because the market has become so competitive, the bonus offers and promotions are getting bigger and better.
There are many bonus offers when you make a deposit, which is referred to as a deposit bonus, but the most popular bonus of them all is the no deposit bonus.
Why? Because it doesn’t cost you a cent. No deposit is required to get your hands on free money, so it comes as no surprise as to why it attracts thousands of players every day.
The amount of free money you’ll, receive as well as the terms and conditions differ from one casino to another, but there are a few tips and tricks that you can utilize to ensure that you choose the best possible no deposit bonus.
No deposit bonus explained
First, you should understand exactly how brilliant a no deposit bonus actually is. When you open an account at an online casino, free money will be credited to your account. No deposit is required so you’ll be able to play for free.
Yes, it’s really as simple as that. Surely you’ve never heard of a land-based casino offering you a $20 bill as soon as you walk through the door? But when playing online, this is just one of the many perks that you’ll be offered along the way.
How to open an account
It’s a very simple procedure. You’ll need to choose a username and password and some additional documentation. Your account will be verified by the casino to ensure that you’re over the legal gambling age, but this usually takes minutes. Then, the bonus money will be credited to your account or you’ll need to claim it via email, after which, all the fun begins…
Can real money be won?
The free money that’s credited to your account is exactly the same as real money. This means that you’ll be able to use money granted to you, to place bets and all winnings made, while playing with this free money, which will be credited to your account.
You’ll be able to withdraw your winnings once you’ve met all the terms and conditions. So, yes you’ll be able to win real money when playing with bonus money.
Why do online casinos give away their own money?
Well, this question is much the same as asking why certain brands run ‘Buy One, Get One Free!’ promotions. It’s a marketing strategy, and like in any other industry, online casinos see it as an investment. Let’s be honest. Obviously they’re hoping that you’ll eventually make a deposit so it’s a brilliant way to lure players in.
As mentioned before, the bonus offers are becoming bigger and better and the reason for this is because the industry is very competitive. New casinos are popping up regularly and because every operator wants the most clients, they’re always trying to beat their competitors by offering better promotions.
If you have a choice between a $5 no deposit bonus and a $50 no deposit bonus, you’ll obviously choose the latter option. So, while they’re coming up with innovative ways to lure you in, it’s never a bad idea to take advantage of the situation.
Tips to choose the best no deposit bonus
Of course the first thing that you’ll look for is the no deposit bonus that will offer you the highest amount of free cash. The more money you have in your bankroll, the longer you’ll be able to play so it’s really a no brainer.
Choose a regulated casino
You don’t want to waste your time with dodgy-looking casinos, so make sure to evaluate the casino before accepting a bonus offer. The casino should be licensed from a trusted authority, which means that the casino meets the regulatory terms given by the government. Like in any industry, there are a few bad apples, so read reviews of different online casinos to ensure you make a responsible choice.
Money vs. Wagering Requirements
You should read the terms and conditions of a bonus offer before you start playing. Yes, obviously the higher the free money amount the better, but bonus money is subject to wagering requirements and sometimes, it’s better to play a lower amount of free money, with lower wagering requirements, than a massive amount of free money with unrealistic wagering requirements.
So surely you’re impressed by no deposit bonuses, but you must be wondering where the catch is, right? Remember, the term is called wagering requirements, so you should understand this terminology because it’s the one thing that might stand between you and your winnings.
All bonus offers are subject to wagering requirements but, after all, it makes perfect sense. Let’s face it, online casinos want to make money and if they offered every player free money with the opportunity to win more money, without any terms and conditions, they wouldn’t be in business for long.
Therefore, wagering requirements are there to protect online casinos so that are able to offer players various different promotions and bonus offers.
If you choose a no deposit bonus that offers you $20 free money with a wagering requirement of x20, you’ll need to play through the bonus amount multiplied by the wagering requirement before you’ll be able to withdraw winnings made from bonus money. ($20 x 20 = $400)
Once you’ve played through this amount, you’ll be able to withdraw your winnings… and of course, continue your fun gaming experience!