The online casino industry is filled with bonus offers that can give you an additional value when spinning on slot machines, playing table games or enjoying other types of gambling products. It’s not unusual that gambling sites will match your first deposit with an equal amount of extra money. It’s actually the standard these days.
But did you know that it’s also possible to get a bonus for free without risking any money of your own? This is a so called no deposit bonus. In this article we will tell you everything about these offers that any cheap bastard, poor gambling enthusiast or freebie junkie ought to make use of.
- Don’t miss out reading why you should claim your welcome bonus
What Is a No Deposit Bonus?
You could call it a sign up gift that some gambling sites are handing out to players who are creating an account with them for the first time. All you have to do is to sign up to the site by providing some details about yourself, such as name, address and date of birth and you’ll get rewarded for it.
The casino of course is not in it for the charity, but to them it’s all about marketing. Free stuff attracts attention and in the long run they are hoping that you aren’t just making a grab and run, but that a deposit will be made at some point giving the casino a chance to profit.
Most no deposit bonuses are made up of free spins on slot machines. It can be anything from 10 free spins to 100 being instantly credited to your account after sign up or handed out in increments the following couple of days.
Free gifts aren’t exclusive to free spins, but if you look hard enough you can also find free cash as no deposit bonuses. It’s all the same though as winning from the free spins will earn you cash anyway. If you want to maximize your value you are best off just taking part of any no deposit bonus there is.
Where Can I Get a No Deposit Bonus?
The best way is simply by visiting a trusted site that has made it a business reviewing gambling operators and listing such offers – so called affiliates. You can find many of them here at our site. By visiting these platforms you can get all of the best free no deposit bonuses in 2020 conveniently delivered to you, which makes it super easy taking part of several great offers.
Trying to find the bonuses yourself by visiting random casinos would be the worst thing you could do as most gambling sites actually don’t have them. Out of all online casinos it is only a very small percentage that is offering no deposit bonuses. They simply don’t see it as a profitable strategy because of greedy gamblers like you (maybe) and me (definitely) who are only taking advantage of the offers to profit. In other words, have no intention of making a deposit further down the road.
Are There Any Downsides to No Deposit Bonuses?
Since you aren’t required to invest any money, but the bonuses are handed out to you for free it’s not right to say that there are any downsides per se. However, most no deposit bonuses do in fact come with certain terms and conditions just like other types of bonus offers at casinos do. These terms and conditions do for instance include the following:
- You must wager the received bonus a certain amount of times before cashing out
- It isn’t possible to withdraw unless you first make a deposit of real money
- There’s a cap to the maximum amount you can cash out from the bonus
While it is possible to find no deposit bonuses that can be instantly cashed out, it is an extremely rare occurrence. The vast majority will have to be turned over a certain amount of times (anything from 10x to 50x), which is a way for the casino to limit their losses.
Some gambling sites also combine the wagering requirement with a maximum cash out limit of the bonus. This way they’re eliminating the factor of you being lucky, which could cost them a lot. In other words the factor of you winning big when playing for the received bonus.
The worst condition that a no deposit bonus can come with (at least for those don’t want to spend any of their own money) is the requirement of having to make a deposit to cash out. The way this works is usually that you have to make a minimum deposit and then also fulfill a wagering requirement. There are some variations to it though.
If you ask us you should always make it a habit of reading through the terms and conditions that any bonus comes with, regardless if it’s a freebie or one that you’ve received on a deposit. That’s the only way of knowing its true value and avoiding unpleasant surprises.