Casino No-deposit Bonus Wagering Rules For Dummies
When it comes to online gambling and, more specifically, free bonuses, there are several aspects players have to consider about these attractive incentives actually to take advantage of them and take the winnings!
Casino No-deposit Bonus Terms and Conditions
Casinos apply terms and conditions to make it harder for users to withdraw winnings from no-deposit bonuses. The T&Cs outline the requirements for obtaining a no-risk bonus. The most common bonus terms to look out for and understand are the wagering requirements, cash-out limitations, game weighting percentages, eligible games, expedition dates, and bet sizes.
You should always read the terms and conditions of any no-deposit offer. Doing this may prevent you from assuming the wrong things and losing out on bonus money.
What Are No Deposit Bonuses?
No-deposit bonuses are among the most sought incentives at online gaming platforms as they provide players with essentially free spins or a free sum of money without depositing. And yes, this can sound too good to be true, but it's actually a great way to get new members to sign up or promote new games! But of course, there is a catch, and these lovely free bonuses come with certain terms and conditions that must be fulfilled before cashing out any winnings.
Where To Find the Terms and Conditions of a No Deposit Bonus?
Usually, the T&Cs are in the casino's "promotions" section underneath the relevant offer. Alternatively, some casino websites list all their bonus terms and conditions on a single page, typically accessible via a link at the bottom of the website.
What Are Wagering Requirements?
The term "wagering" (also known as "playthrough requirements" or "rollover") describes the amount of money you must bet before you can withdraw a bonus or any wins that result from it. The wagering demands are stated as a multiple of the bonus value.
For instance, a $20 no-deposit offer can have a 50x requirement. In this instance, your bonus must be cleared by wagering $1,000, which results from the $20 x 50x wagering requirement. You have two options after completing the playthrough: you can either pay out the money or keep using it to play.
Why Casinos Have Wagering Requirements
The main goal of the wagering requirements is to prevent players from just gambling with the free money and withdrawing their earnings without ever making an actual deposit. Promotions aim to bring in new customers to an online casino so they to check out the site and try out new games.
However, at the end of the day, a casino aims to make money, so they establish these wagering requirements. They will receive minimal benefits if players don't make real money deposits if they aren't in place.
What Happens If You Don't Meet the Wagering Requirements?
To keep playing at the casino, players must meet the wagering requirements set by the casino. If they fail, they will have to make a deposit using real cash. Without meeting the requirements, the bonus cannot be converted into cash, and they won't be able to take the money home!
The Bottom Line
In conclusion, no-deposit bonuses are great for sussing out a casino and enjoying some games risk-free! Remember that to convert your bonus credits to real money, it's essential to meet the wagering requirements of your no-deposit bonus or free spin win. As a tip and strategy, select bonuses with the lowest wagering requirements to maximize your chances of winning!