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Every gambler wants to get no-deposit bonuses from bookmakers and casinos, but behind all the loud advertisements and ads, the reality is that there is a fine print. In this article, we’ll try to take the mystery out of no deposit bonuses!
Free money with no risk. Isn’t that every gambler’s dream? But reality often doesn’t match our desires, or you could say that not everything is what it seems. The legend of no deposit bonuses is also becoming more widespread. More and more players are looking for opportunities to get bonuses without any deposit. Advertisers are trying to use this demand to ‘lure’ players into casinos, but the promise of a free bonus often leaves players disappointed.
What does a no deposit bonus mean?
No deposit bonuses are promotions where the betting shop or casino offers a bonus to registered players without the player having to make a deposit to receive the bonus . In other words, after registration, the player can try his luck with the betting shop’s or casino’s money without any financial risk.
A no deposit bonus is available when a player registers at a casino or betting shop. But you can also receive a no deposit bonus when you are an ‘old’ player, usually inactive or high losing players receive a personalised message with a no deposit bonus.
These usually take the form of small free bet s or free spins .
What no deposit bonuses are available?
- free betting options
- free spins
Welcome bonus without deposit – what to know?
A welcome offer from a betting shop or casino usually states that new players can get a welcome bonus after registration if they deposit money into their account.
According to market standards, these welcome bonuses represent 100% of the first deposit, capped at certain amounts. To give you an example: if you deposit 100 EUR, you will receive a bonus of 100 EUR.
Bonuses can never be withdrawn in cash in one go. You have to meet the conditions for the spin first. The wagering requirements vary according to the number of betting shops and the criteria system. In a nutshell, however, a certain basic knowledge is essential to be able to cash out the welcome bonuses!
In other words, one of the prerequisites for receiving sign-up bonuses is to register and make a deposit.
Practically speaking, there is no such thing as a betting shop or casino giving players a handsome, substantial amount of money in the form of a bonus without having to pay in to play !
Sign-up bonus without deposit
There is no sign-up bonus without a deposit . Even if such an invitation looks tempting, if you read the small print, the terms are not so favourable.
Welcome bonuses, also known as sign-up bonuses, are only available when players make a deposit. The amount of these bonuses is constantly increasing due to market competition. There are betting shops that can credit players with welcome bonuses of up to EUR 150. Welcome bonuses are always conditional on participation!
What happens after claiming a welcome bonus?
The player registers at a betting shop, requests a welcome offer and deposits X amount. The bookmaker doubles X amount, so the player starts the game with X+X amount. However, you can only access the winnings from the bonus if you meet the wagering requirements!
If you don’t meet the shooting conditions, your bonus winnings go in the bin!
So the key is in the shooting conditions. It’s worth taking the time to read the bonus terms and conditions carefully so that you don’t get any unexpected surprises.
As the market is full of welcome offers, you should look for betting shops that offer the best possible bonus terms. It makes a difference whether you have to wager 8 times or only 4 times!
It makes a difference whether you have to bet in a combo or whether you can bet singly. And It makes a difference whether there is an odds fixing and what kind, or no odds fixing!
Things to look out for when claiming a welcome bonus
- What is the shooting requirement
- Is there an odds minimum and if so how much
- Only combi or single bets count towards the rotation
- Other exceptions and exclusions
Free spins without deposit
Online casinos are becoming increasingly popular around the world. Some online casinos like to lure players by offering them free spins with no deposit required!
These are very loud promotions, with the rooms bidding on each other promising 20, 30, 50 or even 100 free spins on one of their slots.
It is important to clarify that free spins are not the same as bonuses, despite what casinos like to call them. In a free bet, your chances of winning are much higher than in 20 free spins on a slot machine.
Risks of free spins after registration
Online casinos lure players with free spins without a deposit. The player registers with the casino and the casino credits X amount of free spins to their account.
It is a huge misconception to think that you can get away with paying. No, you can’t. Because if a player wins on their free spins, they can’t cash out their winnings. To cash out your winnings, you must first meet the wagering requirements!
But these shooting conditions are virtually impossible to meet in casinos!
Let’s take anexample: in one of your 50 free spins you win 100 EUR. You are happy that you have earned 100 euros without making a deposit, you want to withdraw it. But the rules say that you have to spin 40 times (!) your winnings in one of the casino’s games before you can cash out. So, you’ve won 100 EUR, but you have to spin another 4000 EUR in the casino to get paid!
Needless to say, with a roll over of this size, your chances are practically zero, your 100 EUR winnings will almost certainly dry up and be lost, so you won’t have anything to ask the casino for!
So free spins sound great, but in reality free spins almost never result in a real cash prize!
Summary
No-deposit bonuses and free spins are mostly just good marketing and advertising slogans. However, the sad reality is that nothing is free! No free money, no free prizes, just the small print!
We strongly recommend that everyone reads the terms and conditions very carefully before taking part in a ‘free bonus’! Don’t enter a mission that is impossible to complete!
Instead, look for options that may require you to make a deposit, but at least your chances of winning are not zero!
