A wise man came up with the saying that “There is no such thing as a free lunch”. And in the real life this quote is more than real, but when it comes to online casinos there is actually a free lunch: the no deposit casino bonuses. This type of bonus represents one of the best ways to try out the games of an online casino for free, with absolutely no investment from your part and once you manage to meet the wagering requirements you can even cash out your winnings.
The no deposit casino bonuses are a very common practice in the online casino industry because it represents a win-win situation. The online casinos are winning because they manage to attract many new players to check out their games and eventually they will deposit some money in order to win more and the players are definitely finding this as a good thing since they get to play online casino games with free money.
One of the things that you should always know while playing online casino games with free bonus money is that along with the wagering requirements that they have, there is usually a limit imposed to the amount that you can cash out, so in case you are planning to win a lot of money it’s best that you have a starting balance that is made out of a deposit, but in case you are just playing for fun and at the same time you would like to cash out some of the money you win, playing with no deposit casino bonus is the way to do it. This means that you should avoid playing at the progressive jackpot games, because even if you manage to win the big jackpot you will still not be able to cash out that money.
The free money that is given away by online casinos always have some terms and conditions and it is best that you read them before you start playing, because this way you will know exactly how much you are able to win and what are the conditions that you have to comply with in order to cash out.
The moment you sign up for a no deposit bonus, you will be asked to accept the terms and conditions. These terms are usually made out of 3 basic elements that you should always be aware of:
- The playing requirements – These terms are also known as wagering requirements and they are made of the number of times you have to wager the amount you receive as bonus before you will be able to cash out. The wagering requirements are usually between 20 times – and up to 200 times for a no deposit casino bonus.
- Maximum amount you can cash out – The online casinos are allowing players to cash out a certain amount of money. Usually the limit is around 1 time the amount of bonus that is given. This way the moment you manage to meet the minimum wagering requirements you will be able to cash out only a certain amount of money.
- Games which are excluded from free play – the online casinos are usually making some exclusion for the free no deposit bonus, usually the progressive jackpot games are excluded and there are some online casinos that are also excluding roulette, blackjack or video poker.
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