It’s important you fully understand the terms and conditions associated with each online casino no deposit bonus. If you fail to meet any of the T&Cs, it will invalidate your bonus and you will not be able to cash in any winnings. In extreme cases, you could be blacklisted by the casino.
The key terms and conditions are explained below to help you avoid any misunderstanding.
Expiry Dates
Most no deposit bonuses have to be used within a certain timeframe, quite often between 2 and 7 days. Don’t miss out by not using the full bonus within that timeframe.
Eligible Games
No deposit bonuses cannot be used on any old game. Certain games are excluded from bonuses or, as is often the case with free spins, you may only be able to play on one or two games. Always check the games which you can or cannot use your bonus on.
Max cashout
There will be a limit as to how much you can cashout using your no deposit bonus. The amount is usually fairly small, say around $100, and you will have had to meet the wagering requirements as well.
Wagering Requirements
This is probably the most important term to get your head around. In order to claim any real money win, you must wager the value of your bonus a number of times.
You may see in one of our reviews that a bonus has a wagering requirement of 30x. That means you must wager the value of the bonus by thirty times – using your own money – in order to convert the bonus to cash.
The lower the wager requirement, the better.
Example:
You receive a $20 bonus with a wagering requirement of 40x. This means you must wager $800 in order to see any remaining bonus funds added to your cash balance.
$20 x 40 = $800
When you play with free spins, the wagering requirement applies to the amount you have won. Let’s say you won $30 and the wagering requirement is $30x, you need to wager $900 in order to get your $30 in winnings.
Bet Size Limits
The bet size limit restricts how much you can wager on each spin, or hand, with your bonus. This is often set at $5. If you bet more then $5 on a spin, it will not count towards the wagering requirement.
This also means your winnings are restricted, as a pokie win is a multiplication of your stake. A $5 wager versus a $25 wager is going to be one-fifth of your potential win.