Casino bonuses can be complex and confusing (applicable only in countries where the casino is approved to operate). For those who are new to playing casino games online, there is a lot of information to absorb.
With so many types of bonuses offered by online casinos these days, knowing where to begin is tricky. But no deposit bonuses are perhaps a good place to start for total beginners.
Even still, finding profitable no deposit bonuses is not an easy process, so read on for everything that you need to know about how to do this.
Understanding no deposit bonuses – the basics
Before we get into the nuts and bolts of no deposit bonuses, a general understanding of how they work and what they are for is necessary.
Online casinos face a lot of competition these days, with the industry regularly seeing new entrants into what is already quite a packed crowd. Attracting new users therefore requires innovation when it comes to promotions, with no deposit bonuses growing in popularity.
For those thinking of signing up at a new online casino and using a no deposit bonus, the first step is to make sure to know how to properly use them – (applicable only in approved countries) that article will certainly help with that. There are a few terms that you need to understand as well, so let’s take a look at them next.
Wagering requirements and other key terms
Anyone who has played at online casinos before will know about wagering requirements already but for others it can be a difficult term to understand.
Wagering requirements mean that bonus funds cannot be unlocked until certain terms and conditions are met. Players have to bet the bonus funds a certain number of times to fulfil the wagering requirements, after which the money is available to withdraw as real cash. For example, wagering requirements of 10x on a $10 bonus means the player has to bet $100 with the bonus money in order to be allowed to withdraw it.
The other major key term to know about when selecting online casino bonuses is the maximum win. Most online casinos put a restriction on the total amount of money a player can win through the bonus. What this means is anyone fortunate enough to scoop a jackpot win on an online slot game, for example, will only receive a small proportion of their winnings as a result.
Information about wagering requirements and maximum wins should always be displayed clearly on the website of online casinos. Players should check the terms and conditions carefully before signing up for an account, so they know what they are letting themselves in for.
Finding no deposit bonuses that are profitable
So with all that in mind, how do you find a no deposit bonus that can actually make money? With wagering requirements and maximum wins in place, this can be a lot harder than it sounds.
In fact, sometimes people can end up spending their own money at online casinos, trying to get through the wagering requirements. Naturally, this is something to be avoided at all costs. The entire point of a no deposit bonus is that players do not have to risk any of their own cash.
The level of the wagering requirements is one of the key things to be looking out for. To put it simply, the lower the wagering requirement is, the easier it will be for a player to meet. The wagering requirements on no deposit bonuses can vary wildly, while there is the fact not all games contribute fully to the terms and conditions either.
Often buried in the small print is the fact that many online casino games only contribute a proportion of the money spent on them towards the wagering requirements. For instance, slot games will usually count at 100 per cent, but this percentage will be slashed for a game such as blackjack. Online casinos do this in order to make meeting the wagering requirements harder.
The maximum win should be taken into account too. If you are going to have to spend a substantial amount of time trying to meet wagering requirements, you may decide it is not worth the effort if an online casino has a low maximum win figure for their no deposit bonus.
It is fair to say no deposit bonuses are here to stay, but players have to be smart in order to give themselves the best possible chance of making a profit out of them.
Image Source: BigStock.com (Licensed)
Related Categories: Casino, Reviews