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Is There A Bonus Without A Cash Deposit For Slots?

Rabbi It Firm by Rabbi It Firm
2 years ago
in All
Is There A Bonus Without A Cash Deposit For Slots?

Online casinos use no-deposit bonuses as a marketing tool, giving them away for free to potential new customers. The majority of these bonuses come in the form of free credit that you can wager on any number of games or a certain number of prepaid spins on a specific slot machine – learn more today.

No-deposit bonuses are a kind of free money offered by online casinos to entice new customers to sign up. The primary purpose of these bonuses is to advertise the casino’s name and get contact information from prospective customers, such as an email address or phone number.

Table of Contents

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  • No Deposit Bonuses Terms and Conditions
  • EXAMPLE
  • Can I Win At Slots Without Betting?
  • How Do Casinos Earn Money On Slot Bonuses?

No Deposit Bonuses Terms and Conditions

The most important rule governing no-deposit bonuses is “one bonus per player.” Since there is no cost to the casino, they do not need to pay the bonus to the same player more than once. The casino will investigate your identification if you fulfil the bonus wagering conditions and request a withdrawal. You will never be able to withdraw money if you have joined under a fake identity. 

The only way to beat the casinos at their own game is to join up just once for every bonus at every casino, using your real name each time. 

With free credits as a bonus, you’ll need to roll them over numerous times before you can cash them out. Wagering restrictions for no deposit bonuses are very high, sometimes reaching 100x.

To “roll over” £10 in free credit, you would need to make 1000 1 bets, for example. Keep in mind that not all games count toward the wagering criteria in the same way and that certain games are prohibited from use with the bonus credit. Blackjack is typically banned or contributes 5% of each stake. If that’s the case, your blackjack wagers need 20 times higher than your slot machine wagers. 

The casino will tally your wins from prepaid spins. When you’re done, you’ll need to multiply your free-spins winnings by a significant number. 

EXAMPLE

Your 10 no-deposit spins on Starburst were worth 3.69 in winnings. To meet the 50x wagering requirements and get your winnings, you must place bets totalling more than £184.50. 

The overwhelming majority of no-deposit bonuses are never used since players never fulfil the wagering requirements. In most cases, you won’t be able to withdraw more than £50-£100, even if your bonus amount ends up being more than £500. But if you get lucky and keep the bonus, you need to know about the MAXIMUM CONVERTED VALUE rule. 

The maximum bet is another rule. The casino doesn’t enforce this rule, so read bonus terms carefully. Don’t go above the casino’s maximum stake to avoid losing your bonus funds. If you don’t, the casino might use it as a pretext not to pay you. This is a valid reason given by the vast majority of casinos. 

Some casinos also require you to deposit before withdrawing any winnings from a no deposit bonus. In our opinion, this is used in casinos as even additional layer of security. But watch out since some casinos may attempt to deceive you into playing with this “verification deposit.” Always inquire in live chat to ensure you understand the rules and preserve the discussion.

Can I Win At Slots Without Betting?

A good reputation is vital to online casinos, and many of them are honest when it comes to no-deposit bonuses. 

Usually, there is a limit to how much you can win, and a small amount like £50 is too low to risk the casino’s reputation.

How Do Casinos Earn Money On Slot Bonuses?

Free spins with no deposit on slot machines are an unnecessary marketing cost for casinos. The casino wants more people to play so that word will get out about their brand. In addition, some customers will choose to remain and make a real money deposit. 

A great deal is dependent on the standards of players in each nation. There is a large percentage of really casual gamers on games like fishing training in Western European regions. After using a no-deposit bonus, these players often place a small first deposit. Russian and Eastern European players are more prone to be bonus hunters who aren’t interested in playing seriously. That’s why many casinos won’t accept players from such regions and won’t provide them welcome bonuses.

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