A No Deposit bonus is a little gem that online casinos use to sweeten the palate and encourage new players to play some top-quality slots. The No Deposit bonus is offered free of charge without the need for the player to make a real money deposit. Online casinos offer No Deposit bonuses to new players so that they can play the slots and have a look around the casino to see if it meets their gambling needs. A Deposit bonus package on the other hand typically offers new players a 100% matched bonus which means that the player can start playing with double their deposit. However, this type of Welcome Bonus cannot be claimed until the players have made a real money deposit.
Wagering Requirements
Nearly all online Welcome Bonuses, whether a No Deposit or a Deposit bonus, will new mobile casinos be subject to Wagering Requirements. This is the minimum number of times you are required to re-wager your deposit and bonus before you are allowed to cash out any winnings you ple, in the case of a $/€10 No Deposit casino bonus with a Wagering Requirement of 20x, you will need to re-wager your bonus 20 times before your winnings can be converted to real cash winnings. In this example, the player will have to wager to the value of $/€200 before they can withdraw their winnings.
One of the greatest advantages of No Deposit bonuses is that the Wagering Requirements are usually only applied to the bonus amount as opposed to the deposit plus bonus amount as is typical with Deposit Bonuses. With a No Deposit bonus, as soon as you have met your playthrough requirements, your winnings will be automatically credited into your casino account.
Maximum Withdrawal Limits
Practically all the online casino's Terms and Conditions list the maximum withdrawal limits. This means that a player can only take home a maximum capped amount of cash regardless of how much is won. For example, if you win $/€200 and the maximum withdrawal specified is $/€100, you will only receive $/€100 back. Read more