No Deposit Poker Bonuses – Your 2023 Guide

You must play a specific sum to withdraw winnings from a bonus.

The casino calculates this amount by applying a multiplier to your poker bonus. This multiplier ranges from 10x to 70x and is known as a wagering requirement. The higher the multiplier, the harder it is to convert the bonus to fiat currency you can cash out.

See this example:

• You receive a $20 poker no deposit bonus. The bonus has a 10x wagering requirement.
• Once you’ve played a total of $200, any funds left in your bonus balance are moved to your cash balance. Finally, you can cash out your winnings!
• For your bonus winnings to become real cash, you must stake an amount equivalent to 10 times the bonus:

20x bonus times 10x wagering requirement = $200.

Casinos always win caps for their free bonuses. These limits range from $5 to $200 and are obviously important to consider.

Because winnings are a multiplication of your stake, online casinos can easily control your chances of winning big by capping your bet size.

Therefore, you’ll rarely find a casino that allows you to play more than $5 per hand when using a bonus.

Most no deposit bonuses must be used within 24 hours of getting them. Once the bonus is active, you usually have to use it in 7 days or even less.

A game weighting percentage specifies how much of your stake count towards your wagering requirement in a specific game.

The higher the percentage, the more likely you are to complete the wagering requirement.

This concept is best explained by looking at an example.

For starters, here’s an example of game weighting percentages you’ll typically find at a casino:

• Slots games (100%)
• Poker games(5%)

As you can see, slots are 100% weighted. This means your entire stake counts towards the wagering requirement. So, for every $1 you spend, an equivalent amount is subtracted from your wagering requirement.

Poker games, however, are only 5% weighted. So, when you play a $1 hand, only $0.05 is deducted from your wagering requirement. Consequently, you have to spend much more to wager your bonus.

Slots are typically fully-weighted, while all other games have percentages between 0% and 20%. Therefore, it’s wise to wager a bonus on slots – it’s the most efficient way to turn a bonus into real cash.

Casinos exclude certain games from bonus play. Generally, they exclude table games, jackpot games and slots with high volatility and RTP.

If you wager your bonus on ineligible games, your bets won’t count towards the wagering requirement.

Moreover, the casino will confiscate your bonus if you wager it on excluded games. So, always check the eligible games before you start playing!