$400 No Deposit Casinos with Bonuses – Your 2023 Guide

Nearly all casino bonuses come with wagering requirements.

A wagering requirement is a multiplier specifying the number of times you must play through your bonus to convert it to real money you can withdraw. These range from 20x to 70x your bonus, depending on which casino you’re playing with.

For example, if you receive a $400 bonus with a 20x wagering requirement, your bonus is converted to real money when you’ve staked $1600.

To figure out how much you must bet to convert a bonus to real money, you simply multiply the wagering requirement by the bonus amount as follows:

$400 bonus x a 20x wagering requirement = $1600 to wager.

All casinos have win caps limiting how much of your bonus winnings you can cash out. These win caps range from $10 to $200 and significantly affect your chances of winning real money.

It’s important to note that win caps only apply to no deposit bonuses – when you claim and successfully wager a match bonus, you can cash out all your winnings. This is arguably one of the strongest arguments for playing with deposit bonuses.

Since casino wins are a multiplication of your stake, casinos limit their potential losses by implementing bet size limits. Consequently, you can usually only bet $5 per spin or hand when playing with bonus credits.

Every bonus has an expiry date. No deposit bonuses must generally be claimed 24 to 48 hours after registration and wagered in seven days or less.
Make sure you use and wager your bonus in time!

Game weighting percentages specify how much of your bets contribute to your wagering requirement. Let’s use a real-world example to put this into context.

Weighting percentages for different game categories:

• Slots (100%)
• Live Roulette (5%)

If you spend your $400 bonus on slots, the entire amount will count towards the wagering requirement. This is because slots are 100% weighted. For every $1 you play, an equal amount is taken off your wagering requirement. As you can see, Live Roulette games are only 5% weighted. This means that only$20 would be subtracted from the wagering requirements if you’d spend your $400 bonus on Live Roulette. Therefore, you would be much less likely to convert your bonus to real money if you decided to wager it on Live Roulette. We strongly recommend you stick to 100% weighted games when wagering bonuses. And most of the time, slots are the best choice.

You can’t use your bonus money on all games. This is because all casinos exclude specific games from their bonus offers. And these excluded games are typically ones with high RTP and volatility.

It’s also not uncommon for casinos to exclude jackpot slots and live dealer games. If you play a game that isn’t allowed, your bet won’t count toward the wagering requirements. Moreover, your bonus may be confiscated.