‘Nothing in life comes for free’ or so the saying goes, but is it strictly true? Of course not, although there is often an underlying motive, it is possible to get many things for free with retailers and sellers hoping to upsell. The same can be said of the online casino sector with free spins and no deposit bonuses often used to entice new customers. But aside from the obvious, what makes these such a big benefit and most importantly how do you win from them?
Wagering Requirements – No Deposit and Free Spins
We have all seen the adverts, ‘JOIN TODAY, PAY NOTHING AND WE’LL GIVE YOU A MILLION POUNDS TO PLAY WITH’ (granted, that may be something of an exaggeration, but you get the gist). But the catch is the whopping great wagering requirement attached to it so essentially you will never be able to claim the money and often end up depositing some of your own money. To keep it simple, a basic requirement example would be a player has a $100 Casino Bonus with a 20X play through wagering requirement.
The Player wagers $2,000 on slot machines, all $2,000 or (100%) of their slot machine game wagering contributes towards the wagering requirements to clear the casino bonus. Then, after that, any money made is profit to the player and can be withdrawn, but the downside is if you use up the $100 and don’t manage to wager it 20x then it is all gone, and you have lost. The same goes for free spins but much like a no deposit option, wagering requirements will be attached to these.
Our example of play through rates of 20x is generous as most start from the 30x upwards but Casinopedia lists casino offers which have no wagering requirements, in addition to those which do. These include Powerspins, bgo and PlayOJO and are well worth checking out.
It’s free to give it a go
This is the obvious point we mentioned above but there is more to it than that. No deposit and free spins give you a chance to try games without any risk to your pocket and to get a feel for what types of slot games suit your style and enjoyment. No doubt you already know the variation of slot games on offer. From feature packed in-depth epic stories, to your basic fruity, free spins and no deposit bonuses allows you the freedom of choice without the risk.
You CAN win
Yes, you really can win and although they tend to be much harder to win on than other enticing bonuses such as a ‘matched deposit’, people have still hit the jackpot and claimed life changing sums of money after depositing absolutely nothing.
However, one thing to be wary of before being drawn into a ‘too good to be true’ offer, some casino’s will have a upper cap limit on their bonus. For example, 32Red have a £10 completely free sign up offer, but the wagering requirement is 50x and the maximum you can withdraw is £100, so if you hit the jackpot, I’m afraid you will be giving most of it back. As always, our number one piece of advice is to ALWAYS read the terms and conditions.