Free spins, extra money at zero cost. Now, that doesn’t sound like a realistic offer. Well, it’s called a no deposit bonus. Some gambling sites willingly offer it to new users.
But before you get too excited, read this guide to know the pros and cons of this offer.
Merits of No Deposit Bonuses
First and foremost, let’s make it clear that no-deposit bonuses can take different forms. Of course, most commonly, these are free money (e.g., $10). Sometimes, the offer is a non-standard one. In Unique casino, for example, existing players can get a totally free cashback bonus every day. The sum is calculated based on many factors, including their VIP status and loss history. Such offers are rare, of course, but they are also the most profitable ones.
Free Play Without Risking Your Money
One thing you’ll love about this offer is the risk-free factor. You literally don’t have to spend a dime from your pocket to play some games.
So even if you don’t like the game, no biggie. After all, you’ve got nothing to lose since it was a freebie. When you claim your bonus, you can see what the games are like. Then, you’ll decide if you enjoy them before using your money to bet.
Potential for Real Money Gains
You must be thinking, “I can’t win any real money with this.” On the contrary, you can! Even though the casino gives you free credit or spins, any winnings are real. You may need to meet a few wagering requirements. But once you do, the winnings are all yours.
Picture playing a carnival game for free. You’re still able to walk away with a stuffed animal if you win.
It feels great because you didn’t even pay to play, right? That’s the same feeling you get with no deposit bonuses. You can sign out of the site and walk away with some money at no single cost!
Great for Beginners
Every gambler had to start somewhere. But wouldn’t it be great to start at little to no cost? That's what you get with these bonuses. You can get started easily and learn the ropes while you keep your money.
Let's say you’ve never tried bowling before. But, the alley lets you bowl a free round to get a feel for how it works. It’s the same with these casino bonuses.
You can play a few games and figure out how things work. All while keeping your money.
No Commitment
At this point, you may think there has to be a condition in all this. Well, for the most part, there’s no real obligation. Don’t enjoy the games? You can stop playing and walk away without losing anything. It’s really that simple.
Demerits of No Deposit Bonuses
Now that you know the benefits of using this bonus, let’s cover the downsides.
Extra Conditions
Even though you get free money or spins, some strings are attached. You were probably expecting that.
Most no deposit bonuses come with something called wagering requirements. Various online casinos often attach this condition to their bonus offers. These rules can make it harder to cash out your winnings.
Small Bonus Amounts
Usually, no deposit bonuses aren’t very large. No surprise there. You might get a small amount of money or just a few spins, and that’s it.
The bonus is really just meant to get your attention. At the end of the day, you’ll likely have to fund your account with your money. If you want to keep playing longer, of course.
Short Expiration Dates
And then there’s the issue of having to race against. Think you have all the time to use your offer? That’s not so correct.
You might only have a few days to use them before they expire. If you fail to use them on time, you can kiss your freebie goodbye.
Things to Watch Out For
When you see a no deposit bonus, you still have to ensure you get a good deal. One big thing is the terms and conditions. This is where you will find details such as:
- Wagering requirements
- Maximum win limits
- Specific bonus games
You don’t want to get excited about winning only to discover you missed an important rule. Also, make sure to check the bonus validity period. Some bonuses expire quickly. You don’t want to miss out just because you waited too long to use them.
Final Thoughts
We’ve looked at both sides. Now, you can decide whether or not you should jump in when you see this bonus available. But as long as you gamble on a secure platform, you have nothing to lose.