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For instance, all no deposit offers have wagering requirements. And casinos commonly put higher wagering requirements on bonuses than free spins.
Furthermore, there's a fundamental difference in how the wagering requirements are applied:. As you can see, the sum you have to wager can become quite small if you get a modest free spin win.
And this means you have a better chance at converting your bonus to withdrawable cash. To summarise, choosing between a no deposit bonus and free spins is mostly a matter of personal preference.
The wagering requirement will now be applied to the sum you've won:. Online casinos put this rule in place so that the likeliness of you wagering your bonus will be reasonable.
Since pokie wins are relative to the stake you play with, casinos manage risk by limiting your bet size. Let's use an example to explain how this works:.
This means you would cover your entire wagering requirement if you were lucky enough to win 35 times your bet.
There's obviously a significantly higher mathematical probability that you win 35 times your bet. Therefore, bet size limits are an effective form of risk management for the casinos.
Most casinos limit how much of your bonus winnings you can withdraw. Always read the fine print to see what limits apply when you claim a no deposit bonus.
No deposit bonuses may generally only be used on pokies, and in some cases to play scratchies. Some pokies may be excluded but this depends on each individual casino.
Online casinos almost always exclude table games and video poker. The reason they do this is to exclude game thats have a low house edge from being played using the bonus.
It is up to you to make sure that you know which games are excluded when you claim a free welcome bonus at a no deposit casino.
Casino bonuses usually have a time limit on their usage. No deposit free spins or bonus credits are typically valid for seven days, compared to match bonuses can remain valid for up to 60 days.
Furthermore, casinos also commonly put time limits on bonus wagering. For instance, you might only have 24 hours to wager a free spin win.
Bonus expiry dates vary with each casino, so make sure you read the terms and conditions carefully. It's essential you adhere to these terms, as you might have your bonus funds confiscated and account closed otherwise.
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No Deposit Free Spins Here's what you need to know about them: You receive between 20 and free spins. They have a pre-set coin value, and the number of betting lines are fixed.
They're usually only valid on one, or several, specified pokies. They're often valid on a wide range of pokies. You have to make sure that you don't exceed the maximum stake.
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