No Deposit Bonuses
A no deposit bonus is a free type of bonus you get for registering with a casino.
This bonus will reward you with bonus credits. Most are between the value of $5 and $20, but they sometimes go higher.
The amount you receive in bonus credits is obviously one way to compare similar bonuses. However, you also need to be aware of the wagering requirements and the win cap.
No Deposit Bonus Wagering Requirements
So, what should you expect from no deposit bonus wagering requirements?
Most of the time, it’s hard to meet the wagering requirements of no deposit bonuses. In the majority of cases you will be expected to wager the value of your bonus between 30 and 60 times.
Moreover, you only get a short time to use your bonus before it expires.
We recommend you go for the no deposit bonus with the lowest wagering requirements.
Comparing them is straightforward:
||Sum-Total To Wager
As you can see, Bonus A is way more valuable because the wagering requirements give you a fair chance of winnings.
With Bonus A you only have to wager $200 using your bonus. With Bonus B you have to wager $2,000 using your bonus.
Casinos do not want to incur too heavy a loss by offering a free bonus, which is why they implement win caps.
With no deposit bonuses, you may only be able to convert a portion of your winnings into real money.
The amount you can convert into real money can vary a lot, with most being between the values of $5 and $200.
Thus even if you win $1,000’s using your no deposit bonus, you will only be able to withdraw a small portion of it up to the maximum win cap.
Obviously, the more you can win in real cash, the better the bonus.